IRIS Clothings IPO vs Roni Households IPO

Comparison between IRIS Clothings IPO and Roni Households IPO.

IPO Details

IRIS Clothings IPO is a SME Fixed Price IPO proposed to list at NSE SME while Roni Households IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of IRIS Clothings IPO is up to ₹10.51 Cr whereas the issue size of the Roni Households IPO is up to ₹2.83 Cr. The final issue price of IRIS Clothings IPO is ₹90.00 per share and of Roni Households IPO is ₹20.00 per share.

 IRIS Clothings IPORoni Households IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹90.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares6000 shares
Fresh Issue Size11,68,000 shares14,16,000 shares
Fresh Issue Size (Amount)up to ₹10.51 Crup to ₹2.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,68,000 shares14,16,000 shares
Issue Size Total (Amount)up to ₹10.51 Crup to ₹2.83 Cr

IPO Timetable

IRIS Clothings IPO opens on Oct 10, 2018, while Roni Households IPO opens on Nov 19, 2018. The closing date of IRIS Clothings IPO and Roni Households IPO is Oct 12, 2018, and Nov 22, 2018, respectively.

 IRIS Clothings IPORoni Households IPO
Issue OpenOct 10, 2018Nov 19, 2018
Issue CloseOct 12, 2018Nov 22, 2018
Basis Of Allotment (Tentative)Oct 17, 2018Nov 28, 2018
Initiation of Refunds (Tentative)Oct 17, 2018
Credit of Share (Tentative)Oct 19, 2018
Listing date (Tentative)Oct 23, 2018Dec 03, 2018

Financials & KPIs

IRIS Clothings IPO P/E ratio is , as compared to Roni Households IPO P/E ratio of .

 IRIS Clothings IPORoni Households IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets40.4339.7931.8226.61
Total Income14.8553.1046.8936.99
Profit After Tax1.173.381.600.65
Reserves and Surplus10.237.323.742.14
Total Borrowing17.262.1016.5913.66
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 201831 Mar 2018
Assets5.583.48
Total Income0.744.30
Profit After Tax0.020.08
NET Worth4.030.59
Reserves and Surplus1.190.08
Total Borrowing0.670.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.57%100%
Promoter Shareholding (Post-Issue)67.4%65.4%
Market Cap₹41.95 Cr.₹5.67 Cr.

Shares Offered

In the IRIS Clothings IPO Retail Individual Investors (RII) are offered 5,84,000 shares while in Roni Households IPO retail investors are offered 5,84,000 shares. Qualified Institutional Buyers (QIB) are offered in IRIS Clothings IPO and 0 shares in Roni Households IPO.

 IRIS Clothings IPORoni Households IPO
Anchor Investor Reservation0 shares
Market Maker Reservation62,400 shares84,000 shares
QIB0 shares
NII5,84,000 shares7,08,000 shares
RII5,84,000 shares7,08,000 shares
Employee0 shares
Total11,68,000 shares14,16,000 shares

Bids Received (Subscription)

IRIS Clothings IPO subscribed 1.14x in total, whereas Roni Households IPO subscribed 1.12x.

 IRIS Clothings IPORoni Households IPO
NII (times)2.01x0.48x
RII (times)0.27x1.76x
Total (times)1.14x1.12x

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IRIS Clothings IPO Vs Roni Households IPO