Comparison between Arrowhead Seperation Engineering IPO and Rockingdeals Circular IPO.
Arrowhead Seperation Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Rockingdeals Circular IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arrowhead Seperation Engineering IPO | Rockingdeals Circular IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr whereas the issue size of the Rockingdeals Circular IPO is up to ₹19.81 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Rockingdeals Circular IPO is ₹140.00 per share.
| Arrowhead Seperation Engineering IPO | Rockingdeals Circular IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹136.00 per share | |
| Issue Price (Upper) | ₹140.00 per share | |
| Issue Price (Final) | ₹233.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1000 shares |
| Fresh Issue Size | 5,28,000 shares | 14,15,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.30 Cr | up to ₹19.81 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 5,28,000 shares | 14,15,000 shares |
| Issue Size Total (Amount) | up to ₹12.30 Cr | up to ₹19.81 Cr |
Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Rockingdeals Circular IPO opens on Nov 22, 2023. The closing date of Arrowhead Seperation Engineering IPO and Rockingdeals Circular IPO is Nov 20, 2023, and Nov 24, 2023, respectively.
| Arrowhead Seperation Engineering IPO | Rockingdeals Circular IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2023 | |
| Issue Open | Nov 16, 2023 | Nov 22, 2023 |
| Issue Close | Nov 20, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 23, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Nov 24, 2023 | Nov 29, 2023 |
| Credit of Share (Tentative) | Nov 28, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Nov 28, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Dec 28, 2023 | |
| Anchor Lockin End date 2 | Feb 26, 2024 |
Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Rockingdeals Circular IPO P/E ratio of 33.33.
| Arrowhead Seperation Engineering IPO | Rockingdeals Circular IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 50 | 88.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.09 | 65.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.09 | 33.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹43.60 Cr. | ₹79.23 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 105% | 25.05% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.94% | 22.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.88 | ₹4.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 68.75% | 22.26% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arrowhead Seperation Engineering IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Rockingdeals Circular IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Arrowhead Seperation Engineering IPO and 2,80,000 shares in Rockingdeals Circular IPO.
| Arrowhead Seperation Engineering IPO | Rockingdeals Circular IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,20,000 shares | |
| Market Maker Reservation | 30,000 shares | 85,000 shares |
| QIB | 2,80,000 shares | |
| NII | 2,64,000 shares | 2,15,000 shares |
| RII | 2,64,000 shares | 5,00,000 shares |
| Employee | ||
| Others | ||
| Total | 5,28,000 shares | 14,15,000 shares |
Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Rockingdeals Circular IPO subscribed 213.64x.
| Arrowhead Seperation Engineering IPO | Rockingdeals Circular IPO | |
|---|---|---|
| QIB (times) | 47.38x | |
| NII (times) | 46.02x | 458.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.30x | 201.42x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 94.79x | 213.64x |
