Kritika Wires IPO vs Rajnandini Metal IPO

Comparison between Kritika Wires IPO and Rajnandini Metal IPO.

IPO Details

Kritika Wires IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rajnandini Metal IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Kritika Wires IPO is up to ₹14.59 Cr whereas the issue size of the Rajnandini Metal IPO is up to ₹4.06 Cr. The final issue price of Kritika Wires IPO is ₹32.00 per share and of Rajnandini Metal IPO is ₹26.00 per share.

 Kritika Wires IPORajnandini Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹32.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size45,60,000 shares15,60,000 shares
Fresh Issue Size (Amount)up to ₹14.59 Crup to ₹4.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,60,000 shares15,60,000 shares
Issue Size Total (Amount)up to ₹14.59 Crup to ₹4.06 Cr

IPO Timetable

Kritika Wires IPO opens on Sep 26, 2018, while Rajnandini Metal IPO opens on Sep 24, 2018. The closing date of Kritika Wires IPO and Rajnandini Metal IPO is Oct 01, 2018, and Sep 27, 2018, respectively.

 Kritika Wires IPORajnandini Metal IPO
Issue OpenSep 26, 2018Sep 24, 2018
Issue CloseOct 01, 2018Sep 27, 2018
Basis Of Allotment (Tentative)Oct 05, 2018Oct 03, 2018
Listing date (Tentative)Oct 10, 2018Oct 08, 2018

Financials & KPIs

Kritika Wires IPO P/E ratio is , as compared to Rajnandini Metal IPO P/E ratio of .

 Kritika Wires IPORajnandini Metal IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets134.80113.09115.73
Total Income257.89207.06217.30
Profit After Tax4.942.671.05
NET Worth39.0134.0729.40
Reserves and Surplus26.0727.6023.33
Total Borrowing44.9439.5332.53
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets38.3842.5134.37
Total Income141.16127.31136.55
Profit After Tax0.940.550.32
NET Worth8.037.096.53
Reserves and Surplus3.532.592.03
Total Borrowing21.9822.2822.13
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.99%
Promoter Shareholding (Post-Issue)72.89%73.23%
Market Cap₹56.81 Cr.₹15.97 Cr.

Shares Offered

In the Kritika Wires IPO Retail Individual Investors (RII) are offered 22,80,000 shares while in Rajnandini Metal IPO retail investors are offered 22,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kritika Wires IPO and 0 shares in Rajnandini Metal IPO.

 Kritika Wires IPORajnandini Metal IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,52,000 shares84,000 shares
QIB0 shares0 shares
NII22,80,000 shares7,80,000 shares
RII22,80,000 shares7,80,000 shares
Employee0 shares0 shares
Total45,60,000 shares15,60,000 shares

Bids Received (Subscription)

Kritika Wires IPO subscribed 1.98x in total, whereas Rajnandini Metal IPO subscribed 1.38x.

 Kritika Wires IPORajnandini Metal IPO
NII (times)3.45x2.38x
RII (times)0.52x0.38x
Total (times)1.98x1.38x

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Kritika Wires IPO Vs Rajnandini Metal IPO