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Ashapuri Gold Ornament FPO vs Rangoli Tradecomm IPO

Comparison between Ashapuri Gold Ornament FPO and Rangoli Tradecomm IPO.

IPO Details

Ashapuri Gold Ornament FPO is a SME Fixed Price IPO proposed to list at BSE SME while Rangoli Tradecomm IPO is a SME Fixed Price proposed to list at BSE SME.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
LogoAshapuri Gold Ornament FPO LogoRangoli Tradecomm IPO Logo
Issue CategorySMESME
Issue TypeFPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ashapuri Gold Ornament FPO is up to ₹28.51 Cr whereas the issue size of the Rangoli Tradecomm IPO is up to ₹42.84 Cr. The final issue price of Ashapuri Gold Ornament FPO is ₹81.00 per share and of Rangoli Tradecomm IPO is ₹207.00 per share.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹207.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares600 shares
Fresh Issue Size35,20,000 shares20,69,400 shares
Fresh Issue Size (Amount)up to ₹28.51 Crup to ₹42.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,20,000 shares20,69,400 shares
Issue Size Total (Amount)up to ₹28.51 Crup to ₹42.84 Cr

IPO Timetable

Ashapuri Gold Ornament FPO opens on Mar 03, 2021, while Rangoli Tradecomm IPO opens on Mar 09, 2021. The closing date of Ashapuri Gold Ornament FPO and Rangoli Tradecomm IPO is Mar 08, 2021, and Mar 12, 2021, respectively.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Issue OpenMar 03, 2021Mar 09, 2021
Issue CloseMar 08, 2021Mar 12, 2021
Listing date (Tentative)Mar 17, 2021Mar 22, 2021

Financials & KPIs

Ashapuri Gold Ornament FPO P/E ratio is , as compared to Rangoli Tradecomm IPO P/E ratio of .

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Nov 201831 Mar 201831 Mar 201731 Mar 2016
Assets16.1014.5415.5816.84
Total Income49.5146.9337.2955.63
Profit After Tax0.320.070.040.06
NET Worth6.926.606.536.45
Reserves and Surplus6.826.506.436.39
Total Borrowing5.124.825.778.03
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets104.5870.6310.496.97
Total Income146.84165.443.520.00
Profit After Tax10.932.112.93-0.00
EBITDA15.623.063.52-0.00
NET Worth22.8612.019.906.97
Reserves and Surplus22.1311.289.166.24
Total Borrowing44.0843.170.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%78.35%
Promoter Shareholding (Post-Issue)73%57.61%
Market Cap₹172.47 Cr.₹170.59 Cr.

Shares Offered

In the Ashapuri Gold Ornament FPO Retail Individual Investors (RII) are offered 17,60,000 shares while in Rangoli Tradecomm IPO retail investors are offered 17,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashapuri Gold Ornament FPO and in Rangoli Tradecomm IPO.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Market Maker Reservation1,85,600 shares1,11,600 shares
NII17,60,000 shares10,34,400 shares
RII17,60,000 shares10,35,000 shares
Total35,20,000 shares20,69,400 shares

Bids Received (Subscription)

Ashapuri Gold Ornament FPO subscribed 1.24x in total, whereas Rangoli Tradecomm IPO subscribed 1.58x.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
NII (times)2.17x2.40x
RII (times)0.30x0.76x
Total (times)1.24x1.58x

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Compare:

Ashapuri Gold Ornament FPO Vs Rangoli Tradecomm IPO