Diksha Greens IPO vs Ritco Logistics IPO

Comparison between Diksha Greens IPO and Ritco Logistics IPO.

IPO Details

Diksha Greens IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Diksha Greens IPO is up to ₹12.65 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹45.74 Cr. The final issue price of Diksha Greens IPO is ₹30.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

 Diksha Greens IPORitco Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹73.00 per share
Issue Price (Final)₹30.00 per share₹73.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1600 shares
Fresh Issue Size42,16,000 shares46,65,600 shares
Fresh Issue Size (Amount)up to ₹12.65 Crup to ₹34.06 Cr
OFS Issue Size0 shares16,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.68 Cr
Issue Size Total42,16,000 shares62,65,600 shares
Issue Size Total (Amount)up to ₹12.65 Crup to ₹45.74 Cr

IPO Timetable

Diksha Greens IPO opens on Nov 26, 2018, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Diksha Greens IPO and Ritco Logistics IPO is Nov 28, 2018, and Jan 30, 2019, respectively.

Financials & KPIs

Diksha Greens IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .

 Diksha Greens IPORitco Logistics IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets30.9524.6532.3118.50
Total Income12.5641.8354.4754.23
Profit After Tax0.410.550.640.46
NET Worth11.8111.39
Reserves and Surplus6.3810.9010.359.71
Total Borrowing18.8210.937.113.88
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets178.94154.0397.0889.90
Total Income208.60343.91328.96314.16
Profit After Tax6.2110.283.821.44
EBITDA24.7329.0214.519.45
NET Worth54.1647.9537.6733.85
Reserves and Surplus34.6828.4724.2320.41
Total Borrowing116.6295.8452.8152.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)55%73.03%
Market Cap₹29.60 Cr.₹178.68 Cr.

Shares Offered

In the Diksha Greens IPO Retail Individual Investors (RII) are offered 21,08,000 shares while in Ritco Logistics IPO retail investors are offered 21,08,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Diksha Greens IPO and in Ritco Logistics IPO.

 Diksha Greens IPORitco Logistics IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,24,000 shares3,34,400 shares
QIB0 shares
NII21,08,000 shares31,32,800 shares
RII21,08,000 shares31,32,800 shares
Employee0 shares
Total42,16,000 shares62,65,600 shares

Bids Received (Subscription)

Diksha Greens IPO subscribed 1.03x in total, whereas Ritco Logistics IPO subscribed 1.39x.

 Diksha Greens IPORitco Logistics IPO
NII (times)1.99x1.82x
RII (times)0.07x0.96x
Total (times)1.03x1.39x

Compare with others

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Diksha Greens IPO Vs Ritco Logistics IPO