Comparison between Hi-Tech Pipes IPO and Relicab Cable Manufacturing IPO.
Hi-Tech Pipes IPO is a SME Fixed Price IPO proposed to list at NSE SME while Relicab Cable Manufacturing IPO is a SME Fixed Price proposed to list at BSE SME.
| Hi-Tech Pipes IPO | Relicab Cable Manufacturing IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Sharepro Services Pvt.Ltd. | Sharex Dynamic (India) Pvt.Ltd. |
| Market Maker | Wealth First Portfolio Managers Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
The total issue size of Hi-Tech Pipes IPO is up to ₹12.96 Cr whereas the issue size of the Relicab Cable Manufacturing IPO is up to ₹3.02 Cr. The final issue price of Hi-Tech Pipes IPO is ₹50.00 per share and of Relicab Cable Manufacturing IPO is ₹20.00 per share.
| Hi-Tech Pipes IPO | Relicab Cable Manufacturing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹50.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 6000 shares |
| Fresh Issue Size | 25,92,000 shares | 15,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.96 Cr | up to ₹3.02 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 25,92,000 shares | 15,12,000 shares |
| Issue Size Total (Amount) | up to ₹12.96 Cr | up to ₹3.02 Cr |
Hi-Tech Pipes IPO opens on Feb 15, 2016, while Relicab Cable Manufacturing IPO opens on Mar 09, 2016. The closing date of Hi-Tech Pipes IPO and Relicab Cable Manufacturing IPO is Feb 19, 2016, and Mar 14, 2016, respectively.
| Hi-Tech Pipes IPO | Relicab Cable Manufacturing IPO | |
|---|---|---|
| Issue Open | Feb 15, 2016 | Mar 09, 2016 |
| Issue Close | Feb 19, 2016 | Mar 14, 2016 |
| Basis Of Allotment (Tentative) | Feb 23, 2016 | Mar 16, 2016 |
| Listing date (Tentative) | Feb 25, 2016 | Mar 22, 2016 |
Hi-Tech Pipes IPO P/E ratio is , as compared to Relicab Cable Manufacturing IPO P/E ratio of .
| Hi-Tech Pipes IPO | Relicab Cable Manufacturing IPO | |
|---|---|---|
| Promoter Shareholding (Pre-Issue) | 82.33% | 100% |
| Promoter Shareholding (Post-Issue) | 60.51% | 66.48% |
| Market Cap | ₹51.51 Cr. | ₹9.17 Cr. |
In the Hi-Tech Pipes IPO Retail Individual Investors (RII) are offered 12,96,000 shares while in Relicab Cable Manufacturing IPO retail investors are offered 12,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Hi-Tech Pipes IPO and 0 shares in Relicab Cable Manufacturing IPO.
| Hi-Tech Pipes IPO | Relicab Cable Manufacturing IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,38,000 shares | 96,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 12,96,000 shares | 7,56,000 shares |
| RII | 12,96,000 shares | 7,56,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 25,92,000 shares | 15,12,000 shares |
Hi-Tech Pipes IPO subscribed 2.63x in total, whereas Relicab Cable Manufacturing IPO subscribed 1.10x.
| Hi-Tech Pipes IPO | Relicab Cable Manufacturing IPO | |
|---|---|---|
| NII (times) | 1.72x | 1.54x |
| RII (times) | 3.53x | 0.65x |
| Total (times) | 2.63x | 1.10x |
