Comparison between Jalan Transolutions IPO and Riddhi Corporate IPO.
Jalan Transolutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
| Jalan Transolutions IPO | Riddhi Corporate IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Navigant Corporate Advisors Ltd. Sarthi Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Jalan Transolutions IPO is up to ₹16.81 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of Jalan Transolutions IPO is ₹46.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.
| Jalan Transolutions IPO | Riddhi Corporate IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹46.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 36,54,000 shares | 9,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹16.81 Cr | up to ₹11.70 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 | 36,54,000 shares | 9,00,000 shares |
| Issue Size Total (Amount) | up to ₹16.81 Cr | up to ₹11.70 Cr |
Jalan Transolutions IPO opens on May 18, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of Jalan Transolutions IPO and Riddhi Corporate IPO is May 23, 2017, and Jun 15, 2017, respectively.
| Jalan Transolutions IPO | Riddhi Corporate IPO | |
|---|---|---|
| Issue Open | May 18, 2017 | Jun 12, 2017 |
| Issue Close | May 23, 2017 | Jun 15, 2017 |
| Basis Of Allotment (Tentative) | May 26, 2017 | |
| Listing date (Tentative) | May 31, 2017 | Jun 22, 2017 |
Jalan Transolutions IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.
| Jalan Transolutions IPO | Riddhi Corporate IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 100% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.52% | 70.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹66.87 Cr. | ₹42.25 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Jalan Transolutions IPO Retail Individual Investors (RII) are offered 18,27,000 shares while in Riddhi Corporate IPO retail investors are offered 18,27,000 shares. Qualified Institutional Buyers (QIB) are offered in Jalan Transolutions IPO and 0 shares in Riddhi Corporate IPO.
| Jalan Transolutions IPO | Riddhi Corporate IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,95,000 shares | 50,000 shares |
| QIB | 0 shares | |
| NII | 18,27,000 shares | 4,50,000 shares |
| RII | 18,27,000 shares | 4,50,000 shares |
| Employee | 0 shares | |
| Total | 36,54,000 shares | 9,00,000 shares |
Jalan Transolutions IPO subscribed 2.77x in total, whereas Riddhi Corporate IPO subscribed 2.22x.
| Jalan Transolutions IPO | Riddhi Corporate IPO | |
|---|---|---|
| NII (times) | 2.73x | 2.78x |
| RII (times) | 2.81x | 1.66x |
| Total (times) | 2.77x | 2.22x |
