Comparison between Bansal Multiflex IPO and Riddhi Corporate IPO.
Bansal Multiflex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
| Bansal Multiflex IPO | Riddhi Corporate IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bansal Multiflex IPO is up to ₹5.88 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of Bansal Multiflex IPO is ₹31.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.
| Bansal Multiflex IPO | Riddhi Corporate IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹31.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 1000 shares |
| Fresh Issue Size | 18,96,000 shares | 9,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.88 Cr | up to ₹11.70 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 | 18,96,000 shares | 9,00,000 shares |
| Issue Size Total (Amount) | up to ₹5.88 Cr | up to ₹11.70 Cr |
Bansal Multiflex IPO opens on Jun 30, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of Bansal Multiflex IPO and Riddhi Corporate IPO is Jul 04, 2017, and Jun 15, 2017, respectively.
| Bansal Multiflex IPO | Riddhi Corporate IPO | |
|---|---|---|
| Issue Open | Jun 30, 2017 | Jun 12, 2017 |
| Issue Close | Jul 04, 2017 | Jun 15, 2017 |
| Basis Of Allotment (Tentative) | Jul 07, 2017 | |
| Listing date (Tentative) | Jul 12, 2017 | Jun 22, 2017 |
Bansal Multiflex IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.
| Bansal Multiflex IPO | Riddhi Corporate IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 100% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01% | 70.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹22.97 Cr. | ₹42.25 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bansal Multiflex IPO Retail Individual Investors (RII) are offered 9,48,000 shares while in Riddhi Corporate IPO retail investors are offered 9,48,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bansal Multiflex IPO and 0 shares in Riddhi Corporate IPO.
| Bansal Multiflex IPO | Riddhi Corporate IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,04,000 shares | 50,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 9,48,000 shares | 4,50,000 shares |
| RII | 9,48,000 shares | 4,50,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 18,96,000 shares | 9,00,000 shares |
Bansal Multiflex IPO subscribed 4.53x in total, whereas Riddhi Corporate IPO subscribed 2.22x.
| Bansal Multiflex IPO | Riddhi Corporate IPO | |
|---|---|---|
| NII (times) | 2.39x | 2.78x |
| RII (times) | 6.67x | 1.66x |
| Total (times) | 4.53x | 2.22x |
