Avaada Electro IPO vs Rays of Belief IPO

Comparison between Avaada Electro IPO and Rays of Belief IPO.

IPO Details

Avaada Electro IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rays of Belief IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Avaada Electro IPO is up to ₹0.00 Cr whereas the issue size of the Rays of Belief IPO is up to ₹0.00 Cr. The final issue price of Avaada Electro IPO is and of Rays of Belief IPO is .

 Avaada Electro IPORays of Belief IPO
Face Value₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size0 shares60,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total0 shares60,00,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹0.00 Cr

IPO Timetable

Avaada Electro IPO opens on , while Rays of Belief IPO opens on . The closing date of Avaada Electro IPO and Rays of Belief IPO is , and , respectively.

Financials & KPIs

Avaada Electro IPO P/E ratio is , as compared to Rays of Belief IPO P/E ratio of .

 Avaada Electro IPORays of Belief IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets26.1212.897.78
Total Income36.5430.7622.27
Profit After Tax5.880.85-8.46
EBITDA3.021.49-7.22
NET Worth15.025.784.36
Reserves and Surplus14.705.474.06
Total Borrowing4.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.93
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE56.56%
ROCE7.49%
Debt/Equity0.29
EPS
RoNW56.56%

Shares Offered

In the Avaada Electro IPO Retail Individual Investors (RII) are offered while in Rays of Belief IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Avaada Electro IPO and 0 shares in Rays of Belief IPO.

Bids Received (Subscription)

Avaada Electro IPO subscribed in total, whereas Rays of Belief IPO subscribed .

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Avaada Electro IPO Vs Rays of Belief IPO