Comparison between Narayani Steels IPO and Radhika Jeweltech IPO.
Narayani Steels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Radhika Jeweltech IPO is a SME Fixed Price proposed to list at BSE SME.
| Narayani Steels IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Corporate Strategic Allianz Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Satellite Corporate Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Narayani Steels IPO is up to ₹10.92 Cr whereas the issue size of the Radhika Jeweltech IPO is up to ₹47.02 Cr. The final issue price of Narayani Steels IPO is ₹32.00 per share and of Radhika Jeweltech IPO is ₹75.00 per share.
| Narayani Steels IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 34,12,000 shares | 62,68,800 shares |
| Fresh Issue Size (Amount) | up to ₹10.92 Cr | up to ₹47.02 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 | 34,12,000 shares | 62,68,800 shares |
| Issue Size Total (Amount) | up to ₹10.92 Cr | up to ₹47.02 Cr |
Narayani Steels IPO opens on Sep 01, 2016, while Radhika Jeweltech IPO opens on Sep 14, 2016. The closing date of Narayani Steels IPO and Radhika Jeweltech IPO is Sep 06, 2016, and Sep 20, 2016, respectively.
| Narayani Steels IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 01, 2016 | Sep 14, 2016 |
| Issue Close | Sep 06, 2016 | Sep 20, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 14, 2016 | Sep 27, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Narayani Steels IPO P/E ratio is , as compared to Radhika Jeweltech IPO P/E ratio of .
| Narayani Steels IPO | Radhika Jeweltech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹34.91 Cr. | ₹177.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Narayani Steels IPO Retail Individual Investors (RII) are offered 17,08,000 shares while in Radhika Jeweltech IPO retail investors are offered 17,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Narayani Steels IPO and in Radhika Jeweltech IPO.
| Narayani Steels IPO | Radhika Jeweltech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,88,000 shares | 3,31,200 shares |
| QIB | ||
| NII | 17,04,000 shares | 31,34,400 shares |
| RII | 17,08,000 shares | 31,34,400 shares |
| Employee | ||
| Others | ||
| Total | 34,12,000 shares | 62,68,800 shares |
Narayani Steels IPO subscribed 1.46x in total, whereas Radhika Jeweltech IPO subscribed 1.05x.
| Narayani Steels IPO | Radhika Jeweltech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.72x | 1.92x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.20x | 0.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.46x | 1.05x |
