Comparison between Olatech Solutions IPO and Rhetan TMT IPO.
Olatech Solutions 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.
| Olatech Solutions IPO | Rhetan TMT IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Aryaman Capital Markets 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 Olatech Solutions IPO is up to ₹1.77 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Olatech Solutions IPO is ₹27.00 per share and of Rhetan TMT IPO is ₹70.00 per share.
| Olatech Solutions IPO | Rhetan TMT IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹27.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 6,56,000 shares | 75,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.77 Cr | up to ₹53.09 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 | 6,56,000 shares | 75,84,000 shares |
| Issue Size Total (Amount) | up to ₹1.77 Cr | up to ₹53.09 Cr |
Olatech Solutions IPO opens on Aug 12, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Olatech Solutions IPO and Rhetan TMT IPO is Aug 19, 2022, and Aug 25, 2022, respectively.
| Olatech Solutions IPO | Rhetan TMT IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 12, 2022 | Aug 22, 2022 |
| Issue Close | Aug 19, 2022 | Aug 25, 2022 |
| Basis Of Allotment (Tentative) | Aug 24, 2022 | Aug 30, 2022 |
| Initiation of Refunds (Tentative) | Aug 25, 2022 | Sep 01, 2022 |
| Credit of Share (Tentative) | Aug 26, 2022 | Sep 02, 2022 |
| Listing date (Tentative) | Aug 29, 2022 | Sep 05, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Olatech Solutions IPO P/E ratio is 18, as compared to Rhetan TMT IPO P/E ratio of 63.64.
| Olatech Solutions IPO | Rhetan TMT IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92 | 99.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.48 | 62.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18 | 63.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6.32 Cr. | ₹148.75 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.85 | 15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.31 | 8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.13 | ₹2.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.31 | 10.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Olatech Solutions IPO Retail Individual Investors (RII) are offered 3,28,000 shares while in Rhetan TMT IPO retail investors are offered 3,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Olatech Solutions IPO and in Rhetan TMT IPO.
| Olatech Solutions IPO | Rhetan TMT IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 44,000 shares | 4,16,000 shares |
| QIB | ||
| NII | 3,28,000 shares | 37,92,000 shares |
| RII | 3,28,000 shares | 37,92,000 shares |
| Employee | ||
| Others | ||
| Total | 6,56,000 shares | 75,84,000 shares |
Olatech Solutions IPO subscribed 598.82x in total, whereas Rhetan TMT IPO subscribed 1.47x.
| Olatech Solutions IPO | Rhetan TMT IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 517.71x | 2.18x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 679.94x | 0.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 598.82x | 1.47x |
