Beacon Trusteeship IPO vs Rulka Electricals IPO

Comparison between Beacon Trusteeship IPO and Rulka Electricals IPO.

IPO Details

Beacon Trusteeship IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rulka Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Beacon Trusteeship IPO is up to ₹30.89 Cr whereas the issue size of the Rulka Electricals IPO is up to ₹25.07 Cr. The final issue price of Beacon Trusteeship IPO is ₹60.00 per share and of Rulka Electricals IPO is ₹235.00 per share.

 Beacon Trusteeship IPORulka Electricals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹57.00 per share₹223.00 per share
Issue Price (Upper)₹60.00 per share₹235.00 per share
Issue Price (Final)₹60.00 per share₹235.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares600 shares
Fresh Issue Size36,00,000 shares7,86,000 shares
Fresh Issue Size (Amount)up to ₹21.60 Crup to ₹18.47 Cr
OFS Issue Size15,48,000 shares2,80,800 shares
OFS Issue Size (Amount)up to ₹9.29 Crup to ₹6.60 Cr
Issue Size Total51,48,000 shares10,66,800 shares
Issue Size Total (Amount)up to ₹30.89 Crup to ₹25.07 Cr

IPO Timetable

Beacon Trusteeship IPO opens on May 28, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of Beacon Trusteeship IPO and Rulka Electricals IPO is May 30, 2024, and May 21, 2024, respectively.

 Beacon Trusteeship IPORulka Electricals IPO
Anchor Bid DateMay 27, 2024May 15, 2024
Issue OpenMay 28, 2024May 16, 2024
Issue CloseMay 30, 2024May 21, 2024
Basis Of Allotment (Tentative)May 31, 2024May 22, 2024
Initiation of Refunds (Tentative)Jun 03, 2024May 23, 2024
Credit of Share (Tentative)Jun 03, 2024May 23, 2024
Listing date (Tentative)Jun 04, 2024May 24, 2024
Anchor Lockin End date 1Jun 30, 2024Jun 21, 2024
Anchor Lockin End date 2Aug 29, 2024Aug 20, 2024

Financials & KPIs

Beacon Trusteeship IPO P/E ratio is 16.49, as compared to Rulka Electricals IPO P/E ratio of 28.62.

 Beacon Trusteeship IPORulka Electricals IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets26.9722.5416.858.69
Total Income20.9115.7210.495.60
Profit After Tax5.163.853.620.95
NET Worth19.1614.0010.174.15
Reserves and Surplus4.9810.997.151.53
Total Borrowing2.00
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets40.8228.2719.199.82
Total Income65.2846.9036.2719.60
Profit After Tax5.662.811.120.54
NET Worth12.905.572.771.65
Reserves and Surplus9.495.462.661.54
Total Borrowing11.055.272.812.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.8886.28
Promoter Shareholding (Post-Issue)46.1469.22
P/E Ratio16.4928.62
Market Cap₹108.39 Cr.₹100.07 Cr.
ROE31.12%61.25%
ROCE33.67%
Debt/Equity2.16
EPS₹3.64₹8.21
RoNW26.95%43.85%

Shares Offered

In the Beacon Trusteeship IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in Rulka Electricals IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Beacon Trusteeship IPO and 2,13,600 shares in Rulka Electricals IPO.

 Beacon Trusteeship IPORulka Electricals IPO
Anchor Investor Reservation15,42,000 shares3,19,200 shares
Market Maker Reservation2,72,000 shares56,400 shares
QIB10,30,000 shares2,13,600 shares
NII7,74,000 shares1,60,200 shares
RII18,02,000 shares3,73,800 shares
Employee
Others
Total51,48,000 shares10,66,800 shares

Bids Received (Subscription)

Beacon Trusteeship IPO subscribed 465.20x in total, whereas Rulka Electricals IPO subscribed 676.83x.

 Beacon Trusteeship IPORulka Electricals IPO
QIB (times)163.86x204.22x
NII (times)779.38x1,350.15x
Big NII (times)
Small NII (times)
RII (times)502.49x658.32x
Employee (times)
Other (times)
Total (times)465.20x676.83x

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