Cospower Engineering IPO vs RO Jewels IPO

Comparison between Cospower Engineering IPO and RO Jewels IPO.

IPO Details

Cospower Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while RO Jewels IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Cospower Engineering IPO is up to ₹1.92 Cr whereas the issue size of the RO Jewels IPO is up to ₹4.67 Cr. The final issue price of Cospower Engineering IPO is ₹51.00 per share and of RO Jewels IPO is ₹36.00 per share.

 Cospower Engineering IPORO Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹51.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size3,76,000 shares12,96,000 shares
Fresh Issue Size (Amount)up to ₹1.92 Crup to ₹4.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,76,000 shares12,96,000 shares
Issue Size Total (Amount)up to ₹1.92 Crup to ₹4.67 Cr

IPO Timetable

Cospower Engineering IPO opens on Mar 17, 2020, while RO Jewels IPO opens on Mar 12, 2020. The closing date of Cospower Engineering IPO and RO Jewels IPO is Mar 19, 2020, and Mar 17, 2020, respectively.

Financials & KPIs

Cospower Engineering IPO P/E ratio is 23, as compared to RO Jewels IPO P/E ratio of 34.

 Cospower Engineering IPORO Jewels IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201931 Mar 201931 Mar 201831 Mar 2017
Assets8.778.358.878.02
Total Income7.4913.038.619.57
Profit After Tax0.250.520.190.28
EBITDA0.631.040.640.88
NET Worth1.831.581.070.87
Reserves and Surplus0.831.430.920.72
Total Borrowing4.042.524.404.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets5.801.792.301.56
Total Income10.474.249.765.74
Profit After Tax0.150.010.070.06
NET Worth5.171.78
Reserves and Surplus2.221.260.010.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%87.38%
Promoter Shareholding (Post-Issue)73.33%45.26%
P/E Ratio2334
Market Cap₹7.65 Cr.₹10.20 Cr.

Shares Offered

In the Cospower Engineering IPO Retail Individual Investors (RII) are offered 1,88,000 shares while in RO Jewels IPO retail investors are offered 1,88,000 shares. Qualified Institutional Buyers (QIB) are offered in Cospower Engineering IPO and in RO Jewels IPO.

 Cospower Engineering IPORO Jewels IPO
Market Maker Reservation24,000 shares69,000 shares
NII1,88,000 shares6,48,000 shares
RII1,88,000 shares6,48,000 shares
Total3,76,000 shares12,96,000 shares

Bids Received (Subscription)

Cospower Engineering IPO subscribed 1.53x in total, whereas RO Jewels IPO subscribed 1.19x.

 Cospower Engineering IPORO Jewels IPO
NII (times)2.36x1.95x
RII (times)0.69x0.43x
Total (times)1.53x1.19x

Compare with others

Compare:

Cospower Engineering IPO Vs RO Jewels IPO