Comparison between Kranti Industries IPO and Ritco Logistics IPO.
IPO Details
Kranti Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Kranti Industries IPO is up to ₹8.15 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹45.74 Cr. The final issue price of Kranti Industries IPO is ₹37.00 per share and of Ritco Logistics IPO is ₹73.00 per share.
| | Kranti Industries IPO | Ritco Logistics IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹71.00 per share |
| Issue Price (Upper) | | ₹73.00 per share |
| Issue Price (Final) | ₹37.00 per share | ₹73.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 16,35,000 shares | 46,65,600 shares |
| Fresh Issue Size (Amount) | up to ₹6.05 Cr | up to ₹34.06 Cr |
| OFS Issue Size | 5,67,000 shares | 16,00,000 shares |
| OFS Issue Size (Amount) | up to ₹2.10 Cr | up to ₹11.68 Cr |
| Issue Size Total | 22,02,000 shares | 62,65,600 shares |
| Issue Size Total (Amount) | up to ₹8.15 Cr | up to ₹45.74 Cr |
IPO Timetable
Kranti Industries IPO opens on Feb 14, 2019, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Kranti Industries IPO and Ritco Logistics IPO is Feb 20, 2019, and Jan 30, 2019, respectively.
| | Kranti Industries IPO | Ritco Logistics IPO |
|---|
| Issue Open | Feb 14, 2019 | Jan 28, 2019 |
| Issue Close | Feb 20, 2019 | Jan 30, 2019 |
| Basis Of Allotment (Tentative) | Feb 25, 2019 | Feb 04, 2019 |
| Initiation of Refunds (Tentative) | | Feb 05, 2019 |
| Credit of Share (Tentative) | | Feb 06, 2019 |
| Listing date (Tentative) | Feb 28, 2019 | Feb 07, 2019 |
Financials & KPIs
Kranti Industries IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .
Shares Offered
In the Kranti Industries IPO Retail Individual Investors (RII) are offered 11,01,000 shares while in Ritco Logistics IPO retail investors are offered 11,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Kranti Industries IPO and in Ritco Logistics IPO.
| | Kranti Industries IPO | Ritco Logistics IPO |
|---|
| Market Maker Reservation | 1,17,000 shares | 3,34,400 shares |
| NII | 11,01,000 shares | 31,32,800 shares |
| RII | 11,01,000 shares | 31,32,800 shares |
| Total | 22,02,000 shares | 62,65,600 shares |
Bids Received (Subscription)
Kranti Industries IPO subscribed 1.29x in total, whereas Ritco Logistics IPO subscribed 1.39x.
