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B.A.G.Convergence IPO vs Radiant Innovative IPO

Comparison between B.A.G.Convergence IPO and Radiant Innovative IPO.

IPO Details

B.A.G.Convergence IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Radiant Innovative IPO is a SME Bookbuilding proposed to list at BSE SME.

 B.A.G.Convergence IPORadiant Innovative IPO
LogoB.A.G.Convergence IPO LogoRadiant Innovative IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersInventure Merchant Banker Services Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerACME Capital Market Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of B.A.G.Convergence IPO is up to ₹0.00 Cr whereas the issue size of the Radiant Innovative IPO is up to ₹0.00 Cr. The final issue price of B.A.G.Convergence IPO is and of Radiant Innovative IPO is .

 B.A.G.Convergence IPORadiant Innovative IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size56,00,000 shares46,26,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares6,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total56,00,000 shares52,26,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹0.00 Cr

IPO Timetable

B.A.G.Convergence IPO opens on , while Radiant Innovative IPO opens on . The closing date of B.A.G.Convergence IPO and Radiant Innovative IPO is , and , respectively.

 B.A.G.Convergence IPORadiant Innovative IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

B.A.G.Convergence IPO P/E ratio is , as compared to Radiant Innovative IPO P/E ratio of .

 B.A.G.Convergence IPORadiant Innovative IPO
Financials

B.A.G. Convergence Limited Financial Information (Restated Consolidated)

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets22.4318.3311.5712.71
Total Income10.0830.3324.9622.47
Profit After Tax2.598.034.982.54
Net Worth15.77.11-0.92-5.9
Reserves and Surplus7.897.1-0.93-5.91
Amount in ₹ Crore

Radiant Innovative Manufacturing Limited Financial Information (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets166.61136.48133.18
Total Income216.63204.15168.26
Profit After Tax83.38-1.86
Net Worth53.5630.82-20.07
Reserves and Surplus59.1645.712.22
Total Borrowing37.6540.5574.85
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.5855.18
Promoter Shareholding (Post-Issue)39.29
P/E Ratio
Market Cap
ROE15.23%
ROCE20.68%
Debt/Equity0.62
EPS
RoNW6.50%15.23%

Shares Offered

In the B.A.G.Convergence IPO Retail Individual Investors (RII) are offered while in Radiant Innovative IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in B.A.G.Convergence IPO and in Radiant Innovative IPO.

 B.A.G.Convergence IPORadiant Innovative IPO
Anchor Investor Reserveration
Market Maker Reserveration2,61,600 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

B.A.G.Convergence IPO subscribed in total, whereas Radiant Innovative IPO subscribed .

 B.A.G.Convergence IPORadiant Innovative IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)