Comparison between Navoday Enterprises IPO and Rajeshwari Cans IPO.
IPO Details
Navoday Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rajeshwari Cans IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Navoday Enterprises IPO is up to ₹4.37 Cr whereas the issue size of the Rajeshwari Cans IPO is up to ₹3.82 Cr. The final issue price of Navoday Enterprises IPO is ₹20.00 per share and of Rajeshwari Cans IPO is ₹20.00 per share.
IPO Timetable
Navoday Enterprises IPO opens on Jun 14, 2021, while Rajeshwari Cans IPO opens on Mar 31, 2021. The closing date of Navoday Enterprises IPO and Rajeshwari Cans IPO is Jun 17, 2021, and Apr 06, 2021, respectively.
| | Navoday Enterprises IPO | Rajeshwari Cans IPO |
|---|
| Issue Open | Jun 14, 2021 | Mar 31, 2021 |
| Issue Close | Jun 17, 2021 | Apr 06, 2021 |
| Basis Of Allotment (Tentative) | Jun 21, 2021 | Apr 09, 2021 |
| Initiation of Refunds (Tentative) | Jun 22, 2021 | Apr 12, 2021 |
| Credit of Share (Tentative) | Jun 23, 2021 | Apr 13, 2021 |
| Listing date (Tentative) | Jun 25, 2021 | Apr 15, 2021 |
Financials & KPIs
Navoday Enterprises IPO P/E ratio is , as compared to Rajeshwari Cans IPO P/E ratio of .
Shares Offered
In the Navoday Enterprises IPO Retail Individual Investors (RII) are offered 10,92,000 shares while in Rajeshwari Cans IPO retail investors are offered 10,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Navoday Enterprises IPO and in Rajeshwari Cans IPO.
| | Navoday Enterprises IPO | Rajeshwari Cans IPO |
|---|
| Market Maker Reservation | 1,20,000 shares | 1,08,000 shares |
| NII | 10,92,000 shares | 9,54,000 shares |
| RII | 10,92,000 shares | 9,54,000 shares |
| Total | 21,84,000 shares | 19,08,000 shares |
Bids Received (Subscription)
Navoday Enterprises IPO subscribed 2.36x in total, whereas Rajeshwari Cans IPO subscribed 1.40x.