Comparison between Arabian Petroleum IPO and Rajgor Castor Derivatives IPO.
Arabian Petroleum IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajgor Castor Derivatives IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arabian Petroleum IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Rajgor Castor Derivatives IPO is up to ₹45.30 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Rajgor Castor Derivatives IPO is ₹50.00 per share.
| Arabian Petroleum IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹47.00 per share | |
| Issue Price (Upper) | ₹50.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 27,44,000 shares | 83,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.21 Cr | up to ₹41.97 Cr |
| OFS Issue Size | 0 shares | 6,66,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.33 Cr |
| Issue Size Total | 27,44,000 shares | 90,60,000 shares |
| Issue Size Total (Amount) | up to ₹19.21 Cr | up to ₹45.30 Cr |
Arabian Petroleum IPO opens on Sep 25, 2023, while Rajgor Castor Derivatives IPO opens on Oct 17, 2023. The closing date of Arabian Petroleum IPO and Rajgor Castor Derivatives IPO is Sep 27, 2023, and Oct 20, 2023, respectively.
| Arabian Petroleum IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Bid Date | Oct 16, 2023 | |
| Issue Open | Sep 25, 2023 | Oct 17, 2023 |
| Issue Close | Sep 27, 2023 | Oct 20, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 27, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 30, 2023 |
| Listing date (Tentative) | Oct 09, 2023 | Oct 31, 2023 |
| Anchor Lockin End date 1 | Nov 25, 2023 | |
| Anchor Lockin End date 2 | Jan 24, 2024 |
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Rajgor Castor Derivatives IPO P/E ratio of 1.66.
| Arabian Petroleum IPO | Rajgor Castor Derivatives IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs | Rajgor Castor Derivatives Limited Financial Information (Restated)Rajgor Castor Derivatives Limited's revenue increased by 948.26% and profit after tax (PAT) rose by 962.41% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.51 | 1.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.24 Cr. | ₹119.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.08% | 43.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.47% | 22.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 1.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.08 | ₹30.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.08% | 23.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Rajgor Castor Derivatives IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and 18,12,000 shares in Rajgor Castor Derivatives IPO.
| Arabian Petroleum IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Investor Reserveration | 27,12,000 shares | |
| Market Maker Reserveration | 1,48,000 shares | 5,01,000 shares |
| QIB | 18,12,000 shares | |
| NII | 13,72,000 shares | 13,62,000 shares |
| RII | 13,72,000 shares | 31,74,000 shares |
| Employee | ||
| Others | ||
| Total | 27,44,000 shares | 90,60,000 shares |
Arabian Petroleum IPO subscribed 19.91x in total, whereas Rajgor Castor Derivatives IPO subscribed 107.43x.
| Arabian Petroleum IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| QIB (times) | 35.52x | |
| NII (times) | 15.72x | 260.01x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.19x | 80.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.91x | 107.43x |
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