Emerald Tyre Manufacturers IPO vs Rajputana Biodiesel IPO

Comparison between Emerald Tyre Manufacturers IPO and Rajputana Biodiesel IPO.

IPO Details

Emerald Tyre Manufacturers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajputana Biodiesel IPO is a SME Bookbuilding proposed to list at NSE SME.

	Emerald Tyre Manufacturers IPO	Rajputana Biodiesel IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	GYR Capital Advisors Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Giriraj Stock Broking Pvt.Ltd.	Giriraj Stock 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 Emerald Tyre Manufacturers IPO is up to ₹46.41 Cr whereas the issue size of the Rajputana Biodiesel IPO is up to ₹22.87 Cr. The final issue price of Emerald Tyre Manufacturers IPO is ₹95.00 per share and of Rajputana Biodiesel IPO is ₹130.00 per share.

	Emerald Tyre Manufacturers IPO	Rajputana Biodiesel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹90.00 per share	₹123.00 per share
Issue Price (Upper)	₹95.00 per share	₹130.00 per share
Issue Price (Final)	₹95.00 per share	₹130.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	46,86,000 shares	17,59,000 shares
Fresh Issue Size (Amount)	up to ₹44.52 Cr	up to ₹22.87 Cr
OFS Issue Size	1,99,200 shares	0 shares
OFS Issue Size (Amount)	up to ₹1.89 Cr	up to ₹0.00 Cr
Issue Size Total	48,85,200 shares	17,59,000 shares
Issue Size Total (Amount)	up to ₹46.41 Cr	up to ₹22.87 Cr

IPO Timetable

Emerald Tyre Manufacturers IPO opens on Dec 05, 2024, while Rajputana Biodiesel IPO opens on Nov 26, 2024. The closing date of Emerald Tyre Manufacturers IPO and Rajputana Biodiesel IPO is Dec 09, 2024, and Nov 28, 2024, respectively.

	Emerald Tyre Manufacturers IPO	Rajputana Biodiesel IPO
Anchor Bid Date	Dec 04, 2024	Nov 25, 2024
Issue Open	Dec 05, 2024	Nov 26, 2024
Issue Close	Dec 09, 2024	Nov 28, 2024
Basis Of Allotment (Tentative)	Dec 10, 2024	Nov 29, 2024
Initiation of Refunds (Tentative)	Dec 10, 2024	Nov 29, 2024
Credit of Share (Tentative)	Dec 11, 2024	Dec 02, 2024
Listing date (Tentative)	Dec 12, 2024	Dec 03, 2024
Anchor Lockin End date 1	Jan 09, 2025	Jan 01, 2025
Anchor Lockin End date 2	Mar 10, 2025	Mar 02, 2025

Financials & KPIs

Emerald Tyre Manufacturers IPO P/E ratio is 11.25, as compared to Rajputana Biodiesel IPO P/E ratio of 14.75.

Emerald Tyre Manufacturers IPO

Rajputana Biodiesel IPO

Financials

Emerald Tyre Manufacturers Limited Financial Information (Restated Consolidated)

Emerald Tyre Manufacturers Limited's revenue increased by 2.37% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Jul 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	18,190.29	17,393.60	14,976.86	13,556.09
Total Income	6,492.75	17,196.84	16,798.10	13,469.67
Profit After Tax	413.64	1,214.32	892.85	484.62
Net Worth	5,813.80	5,397.59	3,698.84	2,897.44
Reserves and Surplus	4,364.75	3,948.54	3,042.79	2,241.39
Total Borrowing	8,750.18	8,718.28	8,466.40	7,504.59
Amount in ₹ Lakhs

Rajputana Biodiesel Limited Financial Information (Restated Consolidated)

Rajputana Biodiesel Limited's revenue increased by 128% and profit after tax (PAT) rose by 168% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Jul 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,626	3,995.16	1,515.69	1,071.47
Total Income	2,779.18	5,367.51	2,354.06	1,746.07
Profit After Tax	259.59	452.43	168.83	19.97
Net Worth	1,573.81	1,314.22	454.99	-128.92
Reserves and Surplus	1,050.46	800.87	-7.01	-131.42
Total Borrowing	1,989.23	1,914.19	887.12	1,093.61
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

67.62

90.00

Promoter Shareholding (Post-Issue)

65.68

P/E Ratio

11.25

14.75

Market Cap

₹185.03 Cr.

₹91.44 Cr.

ROE

ROCE

15.84%

11.00%

Debt/Equity

1.61

1.26

EPS

₹8.44

₹8.81

RoNW

22.63%

16.49%

Shares Offered

In the Emerald Tyre Manufacturers IPO Retail Individual Investors (RII) are offered 17,11,200 shares while in Rajputana Biodiesel IPO retail investors are offered 17,11,200 shares. Qualified Institutional Buyers (QIB) are offered 9,76,800 shares in Emerald Tyre Manufacturers IPO and 3,45,000 shares in Rajputana Biodiesel IPO.

	Emerald Tyre Manufacturers IPO	Rajputana Biodiesel IPO
Anchor Investor Reserveration	14,64,000 shares	5,15,000 shares
Market Maker Reserveration	3,00,000 shares	1,41,000 shares
QIB	9,76,800 shares	3,45,000 shares
NII	7,33,200 shares	2,70,000 shares
RII	17,11,200 shares	6,29,000 shares
Employee
Others
Total	48,85,200 shares	17,59,000 shares

Bids Received (Subscription)

Emerald Tyre Manufacturers IPO subscribed 530.59x in total, whereas Rajputana Biodiesel IPO subscribed 718.81x.

	Emerald Tyre Manufacturers IPO	Rajputana Biodiesel IPO
QIB (times)	195.95x	177.38x
NII (times)	912.18x	1,345.96x
Big NII (times)
Small NII (times)
RII (times)	558.11x	746.57x
Employee (times)
Other (times)
Total (times)	530.59x	718.81x

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