Comparison between Goel Food Products IPO and Rachana Infrastructure IPO.
Goel Food Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rachana Infrastructure IPO is a SME Fixed Price proposed to list at NSE SME.
| Goel Food Products IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Goel Food Products IPO is up to ₹6.84 Cr whereas the issue size of the Rachana Infrastructure IPO is up to ₹72.44 Cr. The final issue price of Goel Food Products IPO is ₹72.00 per share and of Rachana Infrastructure IPO is ₹135.00 per share.
| Goel Food Products IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹72.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 4,49,600 shares | 25,41,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.24 Cr | up to ₹34.30 Cr |
| OFS Issue Size | 5,00,800 shares | 28,25,000 shares |
| OFS Issue Size (Amount) | up to ₹3.61 Cr | up to ₹38.14 Cr |
| Issue Size Total | 9,50,400 shares | 53,66,000 shares |
| Issue Size Total (Amount) | up to ₹6.84 Cr | up to ₹72.44 Cr |
Goel Food Products IPO opens on Jun 15, 2022, while Rachana Infrastructure IPO opens on May 20, 2022. The closing date of Goel Food Products IPO and Rachana Infrastructure IPO is Jun 20, 2022, and Jun 02, 2022, respectively.
| Goel Food Products IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 15, 2022 | May 20, 2022 |
| Issue Close | Jun 20, 2022 | Jun 02, 2022 |
| Basis Of Allotment (Tentative) | Jun 23, 2022 | |
| Initiation of Refunds (Tentative) | Jun 24, 2022 | |
| Credit of Share (Tentative) | Jun 27, 2022 | |
| Listing date (Tentative) | Jun 28, 2022 | Jun 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Goel Food Products IPO P/E ratio is 10.84, as compared to Rachana Infrastructure IPO P/E ratio of 138.
| Goel Food Products IPO | Rachana Infrastructure IPO | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 83.44 | |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.41 | ||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.84 | 138 | |||||||||||||||||||||||||||||||||||||
| Market Cap | ₹27.15 Cr. | ₹256.75 Cr. | |||||||||||||||||||||||||||||||||||||
| ROE | 0 | ||||||||||||||||||||||||||||||||||||||
| ROCE | 3 | ||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.98 | 0.57 | |||||||||||||||||||||||||||||||||||||
| EPS | ₹-0.09 | ₹8.66 | |||||||||||||||||||||||||||||||||||||
| RoNW | -0.1 | 11.63 | |||||||||||||||||||||||||||||||||||||
In the Goel Food Products IPO Retail Individual Investors (RII) are offered 4,75,200 shares while in Rachana Infrastructure IPO retail investors are offered 4,75,200 shares. Qualified Institutional Buyers (QIB) are offered in Goel Food Products IPO and in Rachana Infrastructure IPO.
| Goel Food Products IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 51,200 shares | 2,84,000 shares |
| QIB | ||
| NII | 4,75,200 shares | 26,83,000 shares |
| RII | 4,75,200 shares | 26,83,000 shares |
| Employee | ||
| Others | ||
| Total | 9,50,400 shares | 53,66,000 shares |
Goel Food Products IPO subscribed 1.64x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.
| Goel Food Products IPO | Rachana Infrastructure IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.21x | 1.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.07x | 0.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.64x | 1.21x |
