Comparison between Nova AgriTech IPO and Rashi Peripherals IPO.
Nova AgriTech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rashi Peripherals IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Nova AgriTech IPO is up to ₹143.81 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Nova AgriTech IPO is ₹41.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.
| Nova AgriTech IPO | Rashi Peripherals IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹39.00 per share | ₹295.00 per share |
| Issue Price (Upper) | ₹41.00 per share | ₹311.00 per share |
| Issue Price (Final) | ₹41.00 per share | ₹311.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 365 shares | 48 shares |
| Fresh Issue Size | 2,73,17,073 shares | 1,92,92,604 shares |
| Fresh Issue Size (Amount) | up to ₹112.00 Cr | up to ₹600.00 Cr |
| OFS Issue Size | 77,58,620 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹31.81 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,50,75,693 shares | 1,92,92,604 shares |
| Issue Size Total (Amount) | up to ₹143.81 Cr | up to ₹600.00 Cr |
Nova AgriTech IPO opens on Jan 23, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Nova AgriTech IPO and Rashi Peripherals IPO is Jan 25, 2024, and Feb 09, 2024, respectively.
| Nova AgriTech IPO | Rashi Peripherals IPO | |
|---|---|---|
| Anchor Bid Date | Jan 19, 2024 | Feb 06, 2024 |
| Issue Open | Jan 23, 2024 | Feb 07, 2024 |
| Issue Close | Jan 25, 2024 | Feb 09, 2024 |
| Basis Of Allotment (Tentative) | Jan 29, 2024 | Feb 12, 2024 |
| Initiation of Refunds (Tentative) | Jan 30, 2024 | Feb 13, 2024 |
| Credit of Share (Tentative) | Jan 30, 2024 | Feb 13, 2024 |
| Listing date (Tentative) | Jan 31, 2024 | Feb 14, 2024 |
| Anchor Lockin End date 1 | Feb 28, 2024 | Mar 13, 2024 |
| Anchor Lockin End date 2 | Apr 28, 2024 | May 12, 2024 |
Nova AgriTech IPO P/E ratio is 13.05, as compared to Rashi Peripherals IPO P/E ratio of 11.75.
| Nova AgriTech IPO | Rashi Peripherals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 84.27 | 89.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.39 | 63.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.05 | 11.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹379.33 Cr. | ₹2049.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 38.27% | 19.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.25% | 14.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.11 | 1.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.14 | ₹26.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.08% | 17.60% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nova AgriTech IPO Retail Individual Investors (RII) are offered 1,22,76,493 shares while in Rashi Peripherals IPO retail investors are offered 1,22,76,493 shares. Qualified Institutional Buyers (QIB) are offered 70,15,626 shares in Nova AgriTech IPO and 38,58,521 shares in Rashi Peripherals IPO.
| Nova AgriTech IPO | Rashi Peripherals IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,05,22,220 shares | 57,87,780 shares |
| Market Maker Reservation | ||
| QIB | 70,15,626 shares | 38,58,521 shares |
| NII | 52,61,354 shares | 28,93,891 shares |
| RII | 1,22,76,493 shares | 67,52,412 shares |
| Employee | ||
| Others | ||
| Total | 3,50,75,693 shares | 1,92,92,604 shares |
Nova AgriTech IPO subscribed 113.21x in total, whereas Rashi Peripherals IPO subscribed 62.95x.
| Nova AgriTech IPO | Rashi Peripherals IPO | |
|---|---|---|
| QIB (times) | 81.13x | 151.45x |
| NII (times) | 233.03x | 66.15x |
| Big NII (times) | 231.40x | 74.51x |
| Small NII (times) | 236.27x | 50.38x |
| RII (times) | 80.20x | 11.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 113.21x | 62.95x |
