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Indian Phosphate IPO vs Rapid Multimodal Logistics IPO

Comparison between Indian Phosphate IPO and Rapid Multimodal Logistics IPO.

IPO Details

Indian Phosphate IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rapid Multimodal Logistics IPO is a SME Fixed Price proposed to list at BSE SME.

 Indian Phosphate IPORapid Multimodal Logistics IPO
LogoIndian Phosphate IPO LogoRapid Multimodal Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Indian Phosphate IPO is up to ₹63.66 Cr whereas the issue size of the Rapid Multimodal Logistics IPO is up to ₹8.06 Cr. The final issue price of Indian Phosphate IPO is ₹99.00 per share and of Rapid Multimodal Logistics IPO is ₹84.00 per share.

 Indian Phosphate IPORapid Multimodal Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹94.00 per share
Issue Price (Upper)₹99.00 per share
Issue Price (Final)₹99.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size64,30,800 shares9,60,000 shares
Fresh Issue Size (Amount)up to ₹63.66 Crup to ₹8.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total64,30,800 shares9,60,000 shares
Issue Size Total (Amount)up to ₹63.66 Crup to ₹8.06 Cr

IPO Timetable

Indian Phosphate IPO opens on Aug 26, 2024, while Rapid Multimodal Logistics IPO opens on Aug 22, 2024. The closing date of Indian Phosphate IPO and Rapid Multimodal Logistics IPO is Aug 29, 2024, and Aug 27, 2024, respectively.

 Indian Phosphate IPORapid Multimodal Logistics IPO
Anchor Bid DateAug 23, 2024
Issue OpenAug 26, 2024Aug 22, 2024
Issue CloseAug 29, 2024Aug 27, 2024
Basis Of Allotment (Tentative)Aug 30, 2024Aug 28, 2024
Initiation of Refunds (Tentative)Sep 02, 2024Aug 29, 2024
Credit of Share (Tentative)Sep 02, 2024Aug 29, 2024
Listing date (Tentative)Sep 03, 2024Aug 30, 2024
Anchor Lockin End date 1Sep 29, 2024
Anchor Lockin End date 2Nov 28, 2024

Financials & KPIs

Indian Phosphate IPO P/E ratio is 14.88, as compared to Rapid Multimodal Logistics IPO P/E ratio of 13.12.

 Indian Phosphate IPORapid Multimodal Logistics IPO
Financials

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets25,518.617,407.4510,789.936,313.71
Total Income71,757.8177,093.255,838.5641,501.81
Profit After Tax1,210.211,659.531,616.61509.44
Net Worth8,099.066,751.85,092.273,475.66
Reserves and Surplus6,280.566,480.374,820.843,204.23
Total Borrowing4,023.171,535.481,830.58434.04
Amount in ₹ Lakhs

Rapid Multimodal Logistics Limited Financial Information (Restated)

Rapid Multimodal Logistics Limited's revenue decreased by -2% and profit after tax (PAT) dropped by -11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets839.76699.14673.51
Total Income7,184.257,296.174,774.4
Profit After Tax179.23200.4895.43
Net Worth471.55300.59100.11
Reserves and Surplus191.55295.5995.11
Total Borrowing201.07227.88357.59
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)72.7773.47
P/E Ratio14.8813.12
Market Cap₹247.40 Cr.₹32.01 Cr.
ROE18.14%46.42%
ROCE20.93%48.98%
Debt/Equity0.500.19
EPS₹6.65₹6.40
RoNW16.63%38.01%

Shares Offered

In the Indian Phosphate IPO Retail Individual Investors (RII) are offered 22,51,200 shares while in Rapid Multimodal Logistics IPO retail investors are offered 22,51,200 shares. Qualified Institutional Buyers (QIB) are offered 12,86,400 shares in Indian Phosphate IPO and in Rapid Multimodal Logistics IPO.

 Indian Phosphate IPORapid Multimodal Logistics IPO
Anchor Investor Reserveration19,28,400 shares
Market Maker Reserveration3,73,200 shares51,200 shares
QIB12,86,400 shares
NII9,64,800 shares4,80,000 shares
RII22,51,200 shares4,80,000 shares
Employee
Others
Total64,30,800 shares9,60,000 shares

Bids Received (Subscription)

Indian Phosphate IPO subscribed 267.89x in total, whereas Rapid Multimodal Logistics IPO subscribed 350.50x.

 Indian Phosphate IPORapid Multimodal Logistics IPO
QIB (times)181.58x
NII (times)441.01x512.80x
Big NII (times)
Small NII (times)
RII (times)243.02x172.55x
Employee (times)
Other (times)
Total (times)267.89x350.50x