Comparison between Arihant Academy IPO and RBM Infracon IPO.
IPO Details
Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while RBM Infracon IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the RBM Infracon IPO is up to ₹7.95 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of RBM Infracon IPO is ₹36.00 per share.
IPO Timetable
Arihant Academy IPO opens on Dec 16, 2022, while RBM Infracon IPO opens on Dec 23, 2022. The closing date of Arihant Academy IPO and RBM Infracon IPO is Dec 21, 2022, and Dec 27, 2022, respectively.
| | Arihant Academy IPO | RBM Infracon IPO |
|---|
| Issue Open | Dec 16, 2022 | Dec 23, 2022 |
| Issue Close | Dec 21, 2022 | Dec 27, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 30, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Jan 02, 2023 |
| Credit of Share (Tentative) | Dec 28, 2022 | Jan 03, 2023 |
| Listing date (Tentative) | Dec 29, 2022 | Jan 04, 2023 |
Financials & KPIs
Arihant Academy IPO P/E ratio is 19.11, as compared to RBM Infracon IPO P/E ratio of 11.61.
Shares Offered
In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in RBM Infracon IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in RBM Infracon IPO.
| | Arihant Academy IPO | RBM Infracon IPO |
|---|
| Market Maker Reservation | 83,200 shares | 1,17,000 shares |
| NII | 7,76,000 shares | 11,04,000 shares |
| RII | 7,76,000 shares | 11,04,000 shares |
| Total | 15,52,000 shares | 22,08,000 shares |
Bids Received (Subscription)
Arihant Academy IPO subscribed 235.87x in total, whereas RBM Infracon IPO subscribed 40.32x.
