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IFL Enterprises IPO vs RMC Switchgears IPO

Comparison between IFL Enterprises IPO and RMC Switchgears IPO.

IPO Details

IFL Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while RMC Switchgears IPO is a SME Fixed Price proposed to list at BSE SME.

 IFL Enterprises IPORMC Switchgears IPO
LogoIFL Enterprises IPO LogoRMC Switchgears IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerMSB E-Trade Securities Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of IFL Enterprises IPO is up to ₹3.07 Cr whereas the issue size of the RMC Switchgears IPO is up to ₹3.89 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of RMC Switchgears IPO is ₹27.00 per share.

 IFL Enterprises IPORMC Switchgears IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size15,36,000 shares6,72,000 shares
Fresh Issue Size (Amount)up to ₹3.07 Crup to ₹1.81 Cr
OFS Issue Size0 shares7,68,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.07 Cr
Issue Size Total15,36,000 shares14,40,000 shares
Issue Size Total (Amount)up to ₹3.07 Crup to ₹3.89 Cr

IPO Timetable

IFL Enterprises IPO opens on Mar 07, 2017, while RMC Switchgears IPO opens on Feb 28, 2017. The closing date of IFL Enterprises IPO and RMC Switchgears IPO is Mar 10, 2017, and Mar 03, 2017, respectively.

 IFL Enterprises IPORMC Switchgears IPO
Issue OpenMar 07, 2017Feb 28, 2017
Issue CloseMar 10, 2017Mar 03, 2017
Basis Of Allotment (Tentative)Mar 16, 2017Mar 08, 2017
Listing date (Tentative)Mar 21, 2017Mar 14, 2017

Financials & KPIs

IFL Enterprises IPO P/E ratio is , as compared to RMC Switchgears IPO P/E ratio of .

 IFL Enterprises IPORMC Switchgears IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets5.843.114.082.38
Total Income1.860.390.080.08
Profit After Tax0.090.130.000.00
NET Worth3.093.002.322.32
Reserves and Surplus1.991.902.252.25
Total Borrowing2.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets59.2749.0845.6342.88
Total Income26.1055.8545.7440.87
Profit After Tax0.860.790.240.20
NET Worth10.9510.109.319.09
Reserves and Surplus6.639.028.238.01
Total Borrowing25.8424.0820.2223.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.57%83.09%
Promoter Shareholding (Post-Issue)32.35%58.16%
Market Cap₹6.00 Cr.₹13.75 Cr.

Shares Offered

In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in RMC Switchgears IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in IFL Enterprises IPO and 0 shares in RMC Switchgears IPO.

 IFL Enterprises IPORMC Switchgears IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation90,000 shares96,000 shares
QIB0 shares0 shares
NII7,68,000 shares7,20,000 shares
RII7,68,000 shares7,20,000 shares
Employee0 shares0 shares
Total15,36,000 shares14,40,000 shares

Bids Received (Subscription)

IFL Enterprises IPO subscribed 1.56x in total, whereas RMC Switchgears IPO subscribed 24.85x.

 IFL Enterprises IPORMC Switchgears IPO
NII (times)1.23x0.00x
RII (times)1.88x0.00x
Total (times)1.56x24.85x

Compare with others

IFL Enterprises IPORMC Switchgears IPO
Jash Dealmark IPOManomay Tex IPO
Chemcrux Enterprises IPOSarthak Metals IPO
Airan IPOIFL Enterprises IPO
Manomay Tex IPOSanginita Chemicals IPO
Sarthak Metals IPOAkash Infra-Projects IPO
Sanginita Chemicals IPOTanvi Foods IPO
Akash Infra-Projects IPONitiraj Engineers IPO
RMC Switchgears IPOGlobal Education IPO
Tanvi Foods IPOKrishana Phoschem IPO
Nitiraj Engineers IPOSteel City Securities IPO

Compare:

IFL Enterprises IPO Vs RMC Switchgears IPO