Comparison between Indian Phosphate IPO and Resourceful Automobile IPO.
Indian Phosphate IPO is a SME Fixed Price IPO proposed to list at NSE SME while Resourceful Automobile IPO is a SME Fixed Price proposed to list at BSE SME.
| Indian Phosphate IPO | Resourceful Automobile IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indian Phosphate IPO is up to ₹63.66 Cr whereas the issue size of the Resourceful Automobile IPO is up to ₹11.39 Cr. The final issue price of Indian Phosphate IPO is ₹99.00 per share and of Resourceful Automobile IPO is ₹117.00 per share.
| Indian Phosphate IPO | Resourceful Automobile 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 | ₹117.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 64,30,800 shares | 9,73,200 shares |
| Fresh Issue Size (Amount) | up to ₹63.66 Cr | up to ₹11.39 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 | 64,30,800 shares | 9,73,200 shares |
| Issue Size Total (Amount) | up to ₹63.66 Cr | up to ₹11.39 Cr |
Indian Phosphate IPO opens on Aug 26, 2024, while Resourceful Automobile IPO opens on Aug 22, 2024. The closing date of Indian Phosphate IPO and Resourceful Automobile IPO is Aug 29, 2024, and Aug 26, 2024, respectively.
| Indian Phosphate IPO | Resourceful Automobile IPO | |
|---|---|---|
| Anchor Bid Date | Aug 23, 2024 | |
| Issue Open | Aug 26, 2024 | Aug 22, 2024 |
| Issue Close | Aug 29, 2024 | Aug 26, 2024 |
| Basis Of Allotment (Tentative) | Aug 30, 2024 | Aug 27, 2024 |
| Initiation of Refunds (Tentative) | Sep 02, 2024 | Aug 28, 2024 |
| Credit of Share (Tentative) | Sep 02, 2024 | Aug 28, 2024 |
| Listing date (Tentative) | Sep 03, 2024 | Aug 29, 2024 |
| Anchor Lockin End date 1 | Sep 29, 2024 | |
| Anchor Lockin End date 2 | Nov 28, 2024 |
Indian Phosphate IPO P/E ratio is 14.88, as compared to Resourceful Automobile IPO P/E ratio of 45.99.
| Indian Phosphate IPO | Resourceful Automobile 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.
| Resourceful Automobile Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.77 | 61.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.88 | 45.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹247.40 Cr. | ₹31.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.14% | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.93% | 31.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.65 | ₹2.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.63% | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indian Phosphate IPO Retail Individual Investors (RII) are offered 22,51,200 shares while in Resourceful Automobile 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 Resourceful Automobile IPO.
| Indian Phosphate IPO | Resourceful Automobile IPO | |
|---|---|---|
| Anchor Investor Reserveration | 19,28,400 shares | |
| Market Maker Reserveration | 3,73,200 shares | 51,600 shares |
| QIB | 12,86,400 shares | |
| NII | 9,64,800 shares | 4,75,200 shares |
| RII | 22,51,200 shares | 4,98,000 shares |
| Employee | ||
| Others | ||
| Total | 64,30,800 shares | 9,73,200 shares |
Indian Phosphate IPO subscribed 267.89x in total, whereas Resourceful Automobile IPO subscribed 418.82x.
| Indian Phosphate IPO | Resourceful Automobile IPO | |
|---|---|---|
| QIB (times) | 181.58x | |
| NII (times) | 441.01x | 315.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 243.02x | 496.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 267.89x | 418.82x |
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