Comparison between Barflex Polyfilms IPO and Rikhav Securities IPO.
Barflex Polyfilms IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rikhav Securities IPO is a SME Bookbuilding proposed to list at BSE SME.
| Barflex Polyfilms IPO | Rikhav Securities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Almondz Financial Services Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Almondz Global Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Barflex Polyfilms IPO is up to ₹37.40 Cr whereas the issue size of the Rikhav Securities IPO is up to ₹84.31 Cr. The final issue price of Barflex Polyfilms IPO is ₹60.00 per share and of Rikhav Securities IPO is ₹86.00 per share.
| Barflex Polyfilms IPO | Rikhav Securities IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹57.00 per share | ₹82.00 per share |
| Issue Price (Upper) | ₹60.00 per share | ₹86.00 per share |
| Issue Price (Final) | ₹60.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 17,18,000 shares | 78,03,200 shares |
| Fresh Issue Size (Amount) | up to ₹10.31 Cr | up to ₹67.11 Cr |
| OFS Issue Size | 45,16,000 shares | 20,00,000 shares |
| OFS Issue Size (Amount) | up to ₹27.10 Cr | up to ₹17.20 Cr |
| Issue Size Total | 62,34,000 shares | 98,03,200 shares |
| Issue Size Total (Amount) | up to ₹37.40 Cr | up to ₹84.31 Cr |
Barflex Polyfilms IPO opens on Jan 10, 2025, while Rikhav Securities IPO opens on Jan 15, 2025. The closing date of Barflex Polyfilms IPO and Rikhav Securities IPO is Jan 15, 2025, and Jan 17, 2025, respectively.
| Barflex Polyfilms IPO | Rikhav Securities IPO | |
|---|---|---|
| Anchor Bid Date | Jan 09, 2025 | Jan 14, 2025 |
| Issue Open | Jan 10, 2025 | Jan 15, 2025 |
| Issue Close | Jan 15, 2025 | Jan 17, 2025 |
| Basis Of Allotment (Tentative) | Jan 16, 2025 | Jan 20, 2025 |
| Initiation of Refunds (Tentative) | Jan 17, 2025 | Jan 21, 2025 |
| Credit of Share (Tentative) | Jan 17, 2025 | Jan 21, 2025 |
| Listing date (Tentative) | Jan 20, 2025 | Jan 22, 2025 |
| Anchor Lockin End date 1 | Feb 15, 2025 | Feb 19, 2025 |
| Anchor Lockin End date 2 | Apr 16, 2025 | Apr 20, 2025 |
Barflex Polyfilms IPO P/E ratio is 8.39, as compared to Rikhav Securities IPO P/E ratio of 6.04.
| Barflex Polyfilms IPO | Rikhav Securities IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.66 | 90.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.73 | 65.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.39 | 6.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹148.50 Cr. | ₹329.31 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.44 | 36.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.21 | 29.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.15 | ₹14.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.44 | 30.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Barflex Polyfilms IPO Retail Individual Investors (RII) are offered 21,82,000 shares while in Rikhav Securities IPO retail investors are offered 21,82,000 shares. Qualified Institutional Buyers (QIB) are offered 12,48,000 shares in Barflex Polyfilms IPO and 19,55,200 shares in Rikhav Securities IPO.
| Barflex Polyfilms IPO | Rikhav Securities IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,68,000 shares | 29,20,000 shares |
| Market Maker Reservation | 3,34,000 shares | 5,24,800 shares |
| QIB | 12,48,000 shares | 19,55,200 shares |
| NII | 9,36,000 shares | 14,80,000 shares |
| RII | 21,82,000 shares | 34,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 62,34,000 shares | 98,03,200 shares |
Barflex Polyfilms IPO subscribed 106.09x in total, whereas Rikhav Securities IPO subscribed 215.56x.
| Barflex Polyfilms IPO | Rikhav Securities IPO | |
|---|---|---|
| QIB (times) | 78.22x | 170.92x |
| NII (times) | 372.72x | 616.42x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 98.48x | 251.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 106.09x | 215.56x |
