Comparison between India Shelter Finance IPO and Ratnaveer Precision Engineering IPO.
India Shelter Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.
| India Shelter Finance IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹469.00 per share | ₹93.00 per share |
| Issue Price (Upper) | ₹493.00 per share | ₹98.00 per share |
| Issue Price (Final) | ₹493.00 per share | ₹98.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 30 shares | 150 shares |
| Fresh Issue Size | 1,62,27,180 shares | 1,38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹800.00 Cr | up to ₹135.24 Cr |
| OFS Issue Size | 81,13,588 shares | 30,40,000 shares |
| OFS Issue Size (Amount) | up to ₹400.00 Cr | up to ₹29.79 Cr |
| Issue Size Total | 2,43,40,768 shares | 1,68,40,000 shares |
| Issue Size Total (Amount) | up to ₹1,200.00 Cr | up to ₹165.03 Cr |
India Shelter Finance IPO opens on Dec 13, 2023, while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of India Shelter Finance IPO and Ratnaveer Precision Engineering IPO is Dec 15, 2023, and Sep 06, 2023, respectively.
| India Shelter Finance IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Dec 12, 2023 | Sep 01, 2023 |
| Issue Open | Dec 13, 2023 | Sep 04, 2023 |
| Issue Close | Dec 15, 2023 | Sep 06, 2023 |
| Basis Of Allotment (Tentative) | Dec 18, 2023 | Sep 07, 2023 |
| Initiation of Refunds (Tentative) | Dec 19, 2023 | Sep 08, 2023 |
| Credit of Share (Tentative) | Dec 19, 2023 | Sep 08, 2023 |
| Listing date (Tentative) | Dec 20, 2023 | Sep 11, 2023 |
| Anchor Lockin End date 1 | Jan 17, 2024 | Oct 07, 2023 |
| Anchor Lockin End date 2 | Mar 17, 2024 | Dec 06, 2023 |
India Shelter Finance IPO P/E ratio is 28.22, as compared to Ratnaveer Precision Engineering IPO P/E ratio of .
| India Shelter Finance IPO | Ratnaveer Precision Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.75 | 86.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 48.17 | 55.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5277.62 Cr. | ₹475.29 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.4% | 29.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.62% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.12 | 2.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹17.47 | ₹7.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.4% | 29.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the India Shelter Finance IPO Retail Individual Investors (RII) are offered 85,19,269 shares while in Ratnaveer Precision Engineering IPO retail investors are offered 85,19,269 shares. Qualified Institutional Buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 33,68,000 shares in Ratnaveer Precision Engineering IPO.
| India Shelter Finance IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 73,02,229 shares | 50,52,000 shares |
| Market Maker Reservation | ||
| QIB | 48,68,154 shares | 33,68,000 shares |
| NII | 36,51,116 shares | 25,26,000 shares |
| RII | 85,19,269 shares | 58,94,000 shares |
| Employee | ||
| Others | ||
| Total | 2,43,40,768 shares | 1,68,40,000 shares |
India Shelter Finance IPO subscribed 38.59x in total, whereas Ratnaveer Precision Engineering IPO subscribed 93.99x.
| India Shelter Finance IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| QIB (times) | 94.29x | 133.05x |
| NII (times) | 29.97x | 135.21x |
| Big NII (times) | 29.77x | 130.63x |
| Small NII (times) | 30.37x | 144.37x |
| RII (times) | 10.46x | 54.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 38.59x | 93.99x |
