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EKI Energy IPO vs Rangoli Tradecomm IPO

Comparison between EKI Energy IPO and Rangoli Tradecomm IPO.

IPO Details

EKI Energy IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rangoli Tradecomm IPO is a SME Fixed Price proposed to list at BSE SME.

 EKI Energy IPORangoli Tradecomm IPO
LogoEKI Energy IPO LogoRangoli Tradecomm IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of EKI Energy IPO is up to ₹17.63 Cr whereas the issue size of the Rangoli Tradecomm IPO is up to ₹42.84 Cr. The final issue price of EKI Energy IPO is ₹102.00 per share and of Rangoli Tradecomm IPO is ₹207.00 per share.

 EKI Energy IPORangoli Tradecomm IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share₹207.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares600 shares
Fresh Issue Size17,28,000 shares20,69,400 shares
Fresh Issue Size (Amount)up to ₹17.63 Crup to ₹42.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,28,000 shares20,69,400 shares
Issue Size Total (Amount)up to ₹17.63 Crup to ₹42.84 Cr

IPO Timetable

EKI Energy IPO opens on Mar 24, 2021, while Rangoli Tradecomm IPO opens on Mar 09, 2021. The closing date of EKI Energy IPO and Rangoli Tradecomm IPO is Mar 26, 2021, and Mar 12, 2021, respectively.

 EKI Energy IPORangoli Tradecomm IPO
Anchor Bid DateMar 23, 2021
Issue OpenMar 24, 2021Mar 09, 2021
Issue CloseMar 26, 2021Mar 12, 2021
Basis Of Allotment (Tentative)Apr 01, 2021
Initiation of Refunds (Tentative)Apr 06, 2021
Credit of Share (Tentative)Apr 06, 2021
Listing date (Tentative)Apr 07, 2021Mar 22, 2021
Anchor Lockin End date 1May 01, 2021
Anchor Lockin End date 2Jun 30, 2021

Financials & KPIs

EKI Energy IPO P/E ratio is 11.51, as compared to Rangoli Tradecomm IPO P/E ratio of .

 EKI Energy IPORangoli Tradecomm IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakh)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 2,186.19 1,609.68 412.31 276.60
Total Revenue 5,996.34 6,601.90 1,988.13 701.01
Profit After Tax 538.58 447.45 68.04 26.91
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 10,457.70 7,062.74 1,049.22 697.08
Total Revenue 14,683.95 16,543.50 352.20 0.12
Profit After Tax 1,092.77 211.25 292.55 (0.01)
Promoter Shareholding (Pre-Issue)10078.35
Promoter Shareholding (Post-Issue)
P/E Ratio11.51
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the EKI Energy IPO Retail Individual Investors (RII) are offered 6,04,800 shares while in Rangoli Tradecomm IPO retail investors are offered 6,04,800 shares. Qualified Institutional Buyers (QIB) are offered 3,45,600 shares in EKI Energy IPO and in Rangoli Tradecomm IPO.

 EKI Energy IPORangoli Tradecomm IPO
Anchor Investor Reserveration5,17,200 shares
Market Maker Reserveration96,000 shares1,11,600 shares
QIB3,45,600 shares
NII2,60,400 shares10,34,400 shares
RII6,04,800 shares10,35,000 shares
Employee
Others
Total17,28,000 shares20,69,400 shares

Bids Received (Subscription)

EKI Energy IPO subscribed 4.05x in total, whereas Rangoli Tradecomm IPO subscribed 1.50x.

 EKI Energy IPORangoli Tradecomm IPO
QIB (times)1.00x
NII (times)10.25x2.28x
Big NII (times)
Small NII (times)
RII (times)3.13x0.72x
Employee (times)
Other (times)
Total (times)4.05x1.50x