Nirmitee Robotics IPO vs RO Jewels IPO

Comparison between Nirmitee Robotics IPO and RO Jewels IPO.

IPO Details

Nirmitee Robotics IPO is a SME Fixed Price IPO proposed to list at BSE SME while RO Jewels IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Nirmitee Robotics IPO is up to ₹3.06 Cr whereas the issue size of the RO Jewels IPO is up to ₹4.67 Cr. The final issue price of Nirmitee Robotics IPO is ₹185.00 per share and of RO Jewels IPO is ₹36.00 per share.

 Nirmitee Robotics IPORO Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹185.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size600 shares3000 shares
Fresh Issue Size1,65,600 shares12,96,000 shares
Fresh Issue Size (Amount)up to ₹3.06 Crup to ₹4.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,65,600 shares12,96,000 shares
Issue Size Total (Amount)up to ₹3.06 Crup to ₹4.67 Cr

IPO Timetable

Nirmitee Robotics IPO opens on Mar 31, 2020, while RO Jewels IPO opens on Mar 12, 2020. The closing date of Nirmitee Robotics IPO and RO Jewels IPO is Apr 09, 2020, and Mar 17, 2020, respectively.

 Nirmitee Robotics IPORO Jewels IPO
Issue OpenMar 31, 2020Mar 12, 2020
Issue CloseApr 09, 2020Mar 17, 2020
Basis Of Allotment (Tentative)Apr 16, 2020Mar 20, 2020
Initiation of Refunds (Tentative)Apr 17, 2020Mar 23, 2020
Credit of Share (Tentative)Apr 20, 2020Mar 24, 2020
Listing date (Tentative)Apr 21, 2020Mar 25, 2020

Financials & KPIs

Nirmitee Robotics IPO P/E ratio is 185, as compared to RO Jewels IPO P/E ratio of 34.

 Nirmitee Robotics IPORO Jewels IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.252.391.060.12
Total Income1.002.040.700.06
Profit After Tax0.030.210.020.01
NET Worth2.011.980.270.02
Reserves and Surplus0.260.230.030.01
Total Borrowing0.080.080.080.08
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets5.801.792.301.56
Total Income10.474.249.765.74
Profit After Tax0.150.010.070.06
NET Worth5.171.78
Reserves and Surplus2.221.260.010.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%87.38%
Promoter Shareholding (Post-Issue)70.81%45.26%
P/E Ratio18534
Market Cap₹11.10 Cr.₹10.20 Cr.

Shares Offered

In the Nirmitee Robotics IPO Retail Individual Investors (RII) are offered 82,800 shares while in RO Jewels IPO retail investors are offered 82,800 shares. Qualified Institutional Buyers (QIB) are offered in Nirmitee Robotics IPO and in RO Jewels IPO.

 Nirmitee Robotics IPORO Jewels IPO
Market Maker Reservation9,600 shares69,000 shares
NII82,800 shares6,48,000 shares
RII82,800 shares6,48,000 shares
Total1,65,600 shares12,96,000 shares

Bids Received (Subscription)

Nirmitee Robotics IPO subscribed 1.15x in total, whereas RO Jewels IPO subscribed 1.19x.

 Nirmitee Robotics IPORO Jewels IPO
NII (times)1.67x1.95x
RII (times)0.63x0.43x
Total (times)1.15x1.19x

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Nirmitee Robotics IPO Vs RO Jewels IPO