Comparison between Avax Apparels IPO and Rappid Valves IPO.
IPO Details
Avax Apparels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Rappid Valves IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Avax Apparels IPO is up to ₹1.82 Cr whereas the issue size of the Rappid Valves IPO is up to ₹28.86 Cr. The final issue price of Avax Apparels IPO is ₹70.00 per share and of Rappid Valves IPO is ₹222.00 per share.
IPO Timetable
Avax Apparels IPO opens on Jan 07, 2025, while Rappid Valves IPO opens on Sep 23, 2024. The closing date of Avax Apparels IPO and Rappid Valves IPO is Jan 09, 2025, and Sep 25, 2024, respectively.
| | Avax Apparels IPO | Rappid Valves IPO |
|---|
| Anchor Bid Date | | Sep 20, 2024 |
| Issue Open | Jan 07, 2025 | Sep 23, 2024 |
| Issue Close | Jan 09, 2025 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Jan 10, 2025 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Jan 13, 2025 | Sep 27, 2024 |
| Credit of Share (Tentative) | Jan 13, 2025 | Sep 27, 2024 |
| Listing date (Tentative) | Jan 14, 2025 | Sep 30, 2024 |
| Anchor Lockin End date 1 | | Oct 25, 2024 |
| Anchor Lockin End date 2 | | Dec 24, 2024 |
Financials & KPIs
Avax Apparels IPO P/E ratio is 3.88, as compared to Rappid Valves IPO P/E ratio of 20.53.
Shares Offered
In the Avax Apparels IPO Retail Individual Investors (RII) are offered 1,30,000 shares while in Rappid Valves IPO retail investors are offered 1,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Avax Apparels IPO and 2,59,800 shares in Rappid Valves IPO.
| | Avax Apparels IPO | Rappid Valves IPO |
|---|
| Anchor Investor Reservation | 0 shares | 3,89,400 shares |
| Market Maker Reservation | 14,000 shares | 69,600 shares |
| QIB | 0 shares | 2,59,800 shares |
| NII | 1,30,000 shares | 1,95,600 shares |
| RII | 1,30,000 shares | 4,55,400 shares |
| Employee | 0 shares | |
| Others | | |
| Total | 2,60,000 shares | 13,00,200 shares |
Bids Received (Subscription)
Avax Apparels IPO subscribed 256.41x in total, whereas Rappid Valves IPO subscribed 123.33x.
