Comparison between EMA Partners IPO and Rikhav Securities IPO.
EMA Partners IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rikhav Securities IPO is a SME Bookbuilding proposed to list at BSE SME.
| EMA Partners IPO | Rikhav Securities IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of EMA Partners IPO is up to ₹72.21 Cr whereas the issue size of the Rikhav Securities IPO is up to ₹84.31 Cr. The final issue price of EMA Partners IPO is ₹124.00 per share and of Rikhav Securities IPO is ₹86.00 per share.
| EMA Partners IPO | Rikhav Securities IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹5 per share |
| Issue Price (Lower) | ₹117.00 per share | ₹82.00 per share |
| Issue Price (Upper) | ₹124.00 per share | ₹86.00 per share |
| Issue Price (Final) | ₹124.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 50,27,000 shares | 78,03,200 shares |
| Fresh Issue Size (Amount) | up to ₹62.33 Cr | up to ₹67.11 Cr |
| OFS Issue Size | 7,96,000 shares | 20,00,000 shares |
| OFS Issue Size (Amount) | up to ₹9.87 Cr | up to ₹17.20 Cr |
| Issue Size Total | 58,23,000 shares | 98,03,200 shares |
| Issue Size Total (Amount) | up to ₹72.21 Cr | up to ₹84.31 Cr |
EMA Partners IPO opens on Jan 17, 2025, while Rikhav Securities IPO opens on Jan 15, 2025. The closing date of EMA Partners IPO and Rikhav Securities IPO is Jan 21, 2025, and Jan 17, 2025, respectively.
| EMA Partners IPO | Rikhav Securities IPO | |
|---|---|---|
| Anchor Bid Date | Jan 16, 2025 | Jan 14, 2025 |
| Issue Open | Jan 17, 2025 | Jan 15, 2025 |
| Issue Close | Jan 21, 2025 | Jan 17, 2025 |
| Basis Of Allotment (Tentative) | Jan 22, 2025 | Jan 20, 2025 |
| Initiation of Refunds (Tentative) | Jan 23, 2025 | Jan 21, 2025 |
| Credit of Share (Tentative) | Jan 23, 2025 | Jan 21, 2025 |
| Listing date (Tentative) | Jan 24, 2025 | Jan 22, 2025 |
| Anchor Lockin End date 1 | Feb 21, 2025 | Feb 19, 2025 |
| Anchor Lockin End date 2 | Apr 22, 2025 | Apr 20, 2025 |
EMA Partners IPO P/E ratio is 15.56, as compared to Rikhav Securities IPO P/E ratio of 6.04.
| EMA Partners IPO | Rikhav Securities IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.14 | 90.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.27 | 65.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.56 | 6.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹288.26 Cr. | ₹329.31 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.97 | ₹14.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.63 | 30.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the EMA Partners IPO Retail Individual Investors (RII) are offered 20,39,000 shares while in Rikhav Securities IPO retail investors are offered 20,39,000 shares. Qualified Institutional Buyers (QIB) are offered 11,64,000 shares in EMA Partners IPO and 19,55,200 shares in Rikhav Securities IPO.
| EMA Partners IPO | Rikhav Securities IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,46,000 shares | 29,20,000 shares |
| Market Maker Reservation | 3,07,000 shares | 5,24,800 shares |
| QIB | 11,64,000 shares | 19,55,200 shares |
| NII | 8,74,000 shares | 14,80,000 shares |
| RII | 20,39,000 shares | 34,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 58,23,000 shares | 98,03,200 shares |
EMA Partners IPO subscribed 154.78x in total, whereas Rikhav Securities IPO subscribed 215.56x.
| EMA Partners IPO | Rikhav Securities IPO | |
|---|---|---|
| QIB (times) | 147.69x | 170.92x |
| NII (times) | 444.08x | 616.42x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 167.35x | 251.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 154.78x | 215.56x |
