Comparison between Naturo Indiabull IPO and Rhetan TMT IPO.
IPO Details
Naturo Indiabull IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rhetan TMT IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Naturo Indiabull IPO is up to ₹10.37 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Naturo Indiabull IPO is ₹30.00 per share and of Rhetan TMT IPO is ₹70.00 per share.
IPO Timetable
Naturo Indiabull IPO opens on Aug 22, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Naturo Indiabull IPO and Rhetan TMT IPO is Aug 24, 2022, and Aug 25, 2022, respectively.
| | Naturo Indiabull IPO | Rhetan TMT IPO |
|---|
| Issue Open | Aug 22, 2022 | Aug 22, 2022 |
| Issue Close | Aug 24, 2022 | Aug 25, 2022 |
| Basis Of Allotment (Tentative) | Aug 29, 2022 | Aug 30, 2022 |
| Initiation of Refunds (Tentative) | Aug 30, 2022 | Sep 01, 2022 |
| Credit of Share (Tentative) | Sep 01, 2022 | Sep 02, 2022 |
| Listing date (Tentative) | Sep 02, 2022 | Sep 05, 2022 |
Financials & KPIs
Naturo Indiabull IPO P/E ratio is 28.03, as compared to Rhetan TMT IPO P/E ratio of 63.64.
Shares Offered
In the Naturo Indiabull IPO Retail Individual Investors (RII) are offered 17,28,000 shares while in Rhetan TMT IPO retail investors are offered 17,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Naturo Indiabull IPO and in Rhetan TMT IPO.
| | Naturo Indiabull IPO | Rhetan TMT IPO |
|---|
| Market Maker Reservation | 1,84,000 shares | 4,16,000 shares |
| NII | 17,28,000 shares | 37,92,000 shares |
| RII | 17,28,000 shares | 37,92,000 shares |
| Total | 34,56,000 shares | 75,84,000 shares |
Bids Received (Subscription)
Naturo Indiabull IPO subscribed 20.26x in total, whereas Rhetan TMT IPO subscribed 1.47x.
