Comparison between Goyal Salt IPO and Rajgor Castor Derivatives IPO.
Goyal Salt IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajgor Castor Derivatives IPO is a SME Bookbuilding proposed to list at NSE SME.
| Goyal Salt IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | Spread X Securities Pvt.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 Goyal Salt IPO is up to ₹17.69 Cr whereas the issue size of the Rajgor Castor Derivatives IPO is up to ₹45.30 Cr. The final issue price of Goyal Salt IPO is ₹38.00 per share and of Rajgor Castor Derivatives IPO is ₹50.00 per share.
| Goyal Salt IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | ₹47.00 per share |
| Issue Price (Upper) | ₹38.00 per share | ₹50.00 per share |
| Issue Price (Final) | ₹38.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 46,56,000 shares | 83,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.69 Cr | up to ₹41.97 Cr |
| OFS Issue Size | 0 shares | 6,66,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.33 Cr |
| Issue Size Total | 46,56,000 shares | 90,60,000 shares |
| Issue Size Total (Amount) | up to ₹17.69 Cr | up to ₹45.30 Cr |
Goyal Salt IPO opens on Sep 26, 2023, while Rajgor Castor Derivatives IPO opens on Oct 17, 2023. The closing date of Goyal Salt IPO and Rajgor Castor Derivatives IPO is Oct 03, 2023, and Oct 20, 2023, respectively.
| Goyal Salt IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2023 | Oct 16, 2023 |
| Issue Open | Sep 26, 2023 | Oct 17, 2023 |
| Issue Close | Oct 03, 2023 | Oct 20, 2023 |
| Basis Of Allotment (Tentative) | Oct 05, 2023 | Oct 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 06, 2023 | Oct 27, 2023 |
| Credit of Share (Tentative) | Oct 09, 2023 | Oct 30, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 31, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | Nov 25, 2023 |
| Anchor Lockin End date 2 | Jan 03, 2024 | Jan 24, 2024 |
Goyal Salt IPO P/E ratio is 13.97, as compared to Rajgor Castor Derivatives IPO P/E ratio of 1.66.
| Goyal Salt IPO | Rajgor Castor Derivatives IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.97 | 1.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹68.02 Cr. | ₹119.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.38% | 43.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.22% | 22.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.57 | 1.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.72 | ₹30.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.86% | 23.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Goyal Salt IPO Retail Individual Investors (RII) are offered 16,38,000 shares while in Rajgor Castor Derivatives IPO retail investors are offered 16,38,000 shares. Qualified Institutional Buyers (QIB) are offered 8,82,000 shares in Goyal Salt IPO and 18,12,000 shares in Rajgor Castor Derivatives IPO.
| Goyal Salt IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,17,000 shares | 27,12,000 shares |
| Market Maker Reservation | 2,46,000 shares | 5,01,000 shares |
| QIB | 8,82,000 shares | 18,12,000 shares |
| NII | 7,29,000 shares | 13,62,000 shares |
| RII | 16,38,000 shares | 31,74,000 shares |
| Employee | 90,000 shares | |
| Others | ||
| Total | 46,56,000 shares | 90,60,000 shares |
Goyal Salt IPO subscribed 294.61x in total, whereas Rajgor Castor Derivatives IPO subscribed 107.43x.
| Goyal Salt IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| QIB (times) | 67.20x | 35.52x |
| NII (times) | 382.45x | 260.01x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 377.97x | 80.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 294.61x | 107.43x |
