Apeejay Surrendra Park Hotels IPO vs Rashi Peripherals IPO

Comparison between Apeejay Surrendra Park Hotels IPO and Rashi Peripherals IPO.

IPO Details

Apeejay Surrendra Park Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rashi Peripherals IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Apeejay Surrendra Park Hotels IPO is up to ₹920.00 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Apeejay Surrendra Park Hotels IPO is ₹155.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.

 Apeejay Surrendra Park Hotels IPORashi Peripherals IPO
Face Value₹1 per share₹5 per share
Issue Price (Lower)₹147.00 per share₹295.00 per share
Issue Price (Upper)₹155.00 per share₹311.00 per share
Issue Price (Final)₹155.00 per share₹311.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹7.00 per share
Market Lot Size96 shares48 shares
Fresh Issue Size3,87,22,118 shares1,92,92,604 shares
Fresh Issue Size (Amount)up to ₹600.16 Crup to ₹600.00 Cr
OFS Issue Size2,06,35,528 shares0 shares
OFS Issue Size (Amount)up to ₹319.84 Crup to ₹0.00 Cr
Issue Size Total5,93,57,646 shares1,92,92,604 shares
Issue Size Total (Amount)up to ₹920.00 Crup to ₹600.00 Cr

IPO Timetable

Apeejay Surrendra Park Hotels IPO opens on Feb 05, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Apeejay Surrendra Park Hotels IPO and Rashi Peripherals IPO is Feb 07, 2024, and Feb 09, 2024, respectively.

 Apeejay Surrendra Park Hotels IPORashi Peripherals IPO
Anchor Bid DateFeb 02, 2024Feb 06, 2024
Issue OpenFeb 05, 2024Feb 07, 2024
Issue CloseFeb 07, 2024Feb 09, 2024
Basis Of Allotment (Tentative)Feb 08, 2024Feb 12, 2024
Initiation of Refunds (Tentative)Feb 09, 2024Feb 13, 2024
Credit of Share (Tentative)Feb 09, 2024Feb 13, 2024
Listing date (Tentative)Feb 12, 2024Feb 14, 2024
Anchor Lockin End date 1Mar 09, 2024Mar 13, 2024
Anchor Lockin End date 2May 08, 2024May 12, 2024

Financials & KPIs

Apeejay Surrendra Park Hotels IPO P/E ratio is 56.33, as compared to Rashi Peripherals IPO P/E ratio of 11.75.

 Apeejay Surrendra Park Hotels IPORashi Peripherals IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,382.511,361.791,275.181,280.34
Total Income272.31524.43267.83190.29
Profit After Tax22.9548.06-28.20-75.88
NET Worth578.71555.68508.51536.28
Reserves and Surplus561.24538.22491.05518.81
Total Borrowing597.09566.88622.68593.44
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,058.642,798.602,669.761,594.39
Total Income5,473.279,468.959,321.925,930.24
Profit After Tax72.02123.34182.51136.35
NET Worth772.74700.12575.07394.19
Reserves and Surplus686.24760.36557.84395.99
Total Borrowing1,395.201,065.76881.74488.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.1889.65
Promoter Shareholding (Post-Issue)68.1363.41
P/E Ratio56.3311.75
Market Cap₹3307.26 Cr.₹2049.48 Cr.
ROE19.33%
ROCE14.21%
Debt/Equity0.991.53
EPS₹2.75₹26.46
RoNW9.03%17.60%

Shares Offered

In the Apeejay Surrendra Park Hotels IPO Retail Individual Investors (RII) are offered 58,70,967 shares while in Rashi Peripherals IPO retail investors are offered 58,70,967 shares. Qualified Institutional Buyers (QIB) are offered 1,76,12,904 shares in Apeejay Surrendra Park Hotels IPO and 38,58,521 shares in Rashi Peripherals IPO.

 Apeejay Surrendra Park Hotels IPORashi Peripherals IPO
Anchor Investor Reservation2,64,19,354 shares57,87,780 shares
Market Maker Reservation
QIB1,76,12,904 shares38,58,521 shares
NII88,06,451 shares28,93,891 shares
RII58,70,967 shares67,52,412 shares
Employee6,75,675 shares
Others
Total5,93,85,351 shares1,92,92,604 shares

Bids Received (Subscription)

Apeejay Surrendra Park Hotels IPO subscribed 62.91x in total, whereas Rashi Peripherals IPO subscribed 62.95x.

 Apeejay Surrendra Park Hotels IPORashi Peripherals IPO
QIB (times)79.23x151.45x
NII (times)55.26x66.15x
Big NII (times)61.55x74.51x
Small NII (times)42.68x50.38x
RII (times)32.00x11.01x
Employee (times)5.73x
Other (times)
Total (times)62.91x62.95x

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Apeejay Surrendra Park Hotels IPO Vs Rashi Peripherals IPO