Creative Graphics Solutions IPO vs Ramdevbaba Solvent IPO

Comparison between Creative Graphics Solutions IPO and Ramdevbaba Solvent IPO.

IPO Details

Creative Graphics Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ramdevbaba Solvent IPO is a SME Bookbuilding proposed to list at NSE SME.

	Creative Graphics Solutions IPO	Ramdevbaba Solvent IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt.Ltd.	Choice Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	SS Corporate Securities Ltd.	Choice Equity Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Creative Graphics Solutions IPO is up to ₹51.68 Cr whereas the issue size of the Ramdevbaba Solvent IPO is up to ₹47.60 Cr. The final issue price of Creative Graphics Solutions IPO is ₹85.00 per share and of Ramdevbaba Solvent IPO is ₹85.00 per share.

	Creative Graphics Solutions IPO	Ramdevbaba Solvent IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹80.00 per share	₹80.00 per share
Issue Price (Upper)	₹85.00 per share	₹85.00 per share
Issue Price (Final)	₹85.00 per share	₹85.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	60,80,000 shares	56,00,000 shares
Fresh Issue Size (Amount)	up to ₹51.68 Cr	up to ₹47.60 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	60,80,000 shares	56,00,000 shares
Issue Size Total (Amount)	up to ₹51.68 Cr	up to ₹47.60 Cr

IPO Timetable

Creative Graphics Solutions IPO opens on Mar 28, 2024, while Ramdevbaba Solvent IPO opens on Apr 15, 2024. The closing date of Creative Graphics Solutions IPO and Ramdevbaba Solvent IPO is Apr 04, 2024, and Apr 18, 2024, respectively.

	Creative Graphics Solutions IPO	Ramdevbaba Solvent IPO
Anchor Bid Date	Mar 27, 2024	Apr 12, 2024
Issue Open	Mar 28, 2024	Apr 15, 2024
Issue Close	Apr 04, 2024	Apr 18, 2024
Basis Of Allotment (Tentative)	Apr 05, 2024	Apr 19, 2024
Initiation of Refunds (Tentative)	Apr 08, 2024	Apr 22, 2024
Credit of Share (Tentative)	Apr 08, 2024	Apr 22, 2024
Listing date (Tentative)	Apr 09, 2024	Apr 23, 2024
Anchor Lockin End date 1	May 05, 2024	May 19, 2024
Anchor Lockin End date 2	Jul 04, 2024	Jul 18, 2024

Financials & KPIs

Creative Graphics Solutions IPO P/E ratio is 17.59, as compared to Ramdevbaba Solvent IPO P/E ratio of 10.6.

Creative Graphics Solutions IPO

Ramdevbaba Solvent IPO

Financials

Creative Graphics Solutions India Limited Financial Information (Restated Consolidated)

Creative Graphics Solutions India Limited's revenue increased by 33.63% and profit after tax (PAT) rose by 85.82% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	10,031.29	6,600.07	4,497.40	3,471.15
Total Income	4,845.69	9,178.34	6,868.33	4,804.34
Profit After Tax	724.07	864.15	465.05	227.97
Net Worth	2,550.90	1,872.75	1,008.60	543.55
Reserves and Surplus	2,400.91	1,797.75	933.60	468.55
Total Borrowing	4,499.90	2,290.52	950.57	894.64
Amount in ₹ Lakhs

Ramdevbaba Solvent Limited Financial Information (Restated)

Ramdevbaba Solvent Limited's revenue increased by 20.35% and profit after tax (PAT) rose by 97.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	20,341.24	19,062.61	13,134.86	10,125.05
Total Income	46,569.81	70,433.41	58,525.46	42,717.32
Profit After Tax	828.90	1,300.15	659.15	617.06
Net Worth	6,857.15	4,783.25	3,483.10	2,823.95
Reserves and Surplus	5,235.97	4,324.52	3,024.37	2,365.22
Total Borrowing	9,998.78	9,922.63	6,485.67	4,474.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.10

81.01

Promoter Shareholding (Post-Issue)

67.83

P/E Ratio

17.59

10.6

Market Cap

₹206.43 Cr.

₹188.07 Cr.

ROE

28.38%

ROCE

24.99%

10.76%

Debt/Equity

1.76

1.46

EPS

₹4.83

₹8.02

RoNW

28.38%

14.24%

Shares Offered

In the Creative Graphics Solutions IPO Retail Individual Investors (RII) are offered 21,28,000 shares while in Ramdevbaba Solvent IPO retail investors are offered 21,28,000 shares. Qualified Institutional Buyers (QIB) are offered 12,16,000 shares in Creative Graphics Solutions IPO and 11,20,000 shares in Ramdevbaba Solvent IPO.

	Creative Graphics Solutions IPO	Ramdevbaba Solvent IPO
Anchor Investor Reserveration	18,24,000 shares	16,80,000 shares
Market Maker Reserveration	3,20,000 shares	3,13,600 shares
QIB	12,16,000 shares	11,20,000 shares
NII	9,12,000 shares	8,40,000 shares
RII	21,28,000 shares	19,60,000 shares
Employee
Others
Total	60,80,000 shares	56,00,000 shares

Bids Received (Subscription)

Creative Graphics Solutions IPO subscribed 201.86x in total, whereas Ramdevbaba Solvent IPO subscribed 126.21x.

	Creative Graphics Solutions IPO	Ramdevbaba Solvent IPO
QIB (times)	98.79x	65.95x
NII (times)	472.85x	314.46x
Big NII (times)
Small NII (times)
RII (times)	144.63x	79.96x
Employee (times)
Other (times)
Total (times)	201.86x	126.21x

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