Onyx Biotec IPO vs Rajesh Power IPO

Comparison between Onyx Biotec IPO and Rajesh Power IPO.

IPO Details

Onyx Biotec IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajesh Power IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Onyx Biotec IPO is up to ₹27.85 Cr whereas the issue size of the Rajesh Power IPO is up to ₹152.29 Cr. The final issue price of Onyx Biotec IPO is ₹61.00 per share and of Rajesh Power IPO is ₹335.00 per share.

 Onyx Biotec IPORajesh Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹58.00 per share₹319.00 per share
Issue Price (Upper)₹61.00 per share₹335.00 per share
Issue Price (Final)₹61.00 per share₹335.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares400 shares
Fresh Issue Size45,66,000 shares25,46,000 shares
Fresh Issue Size (Amount)up to ₹27.85 Crup to ₹85.29 Cr
OFS Issue Size0 shares20,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹67.00 Cr
Issue Size Total45,66,000 shares45,46,000 shares
Issue Size Total (Amount)up to ₹27.85 Crup to ₹152.29 Cr

IPO Timetable

Onyx Biotec IPO opens on Nov 13, 2024, while Rajesh Power IPO opens on Nov 25, 2024. The closing date of Onyx Biotec IPO and Rajesh Power IPO is Nov 18, 2024, and Nov 27, 2024, respectively.

 Onyx Biotec IPORajesh Power IPO
Anchor Bid DateNov 12, 2024Nov 22, 2024
Issue OpenNov 13, 2024Nov 25, 2024
Issue CloseNov 18, 2024Nov 27, 2024
Basis Of Allotment (Tentative)Nov 19, 2024Nov 28, 2024
Initiation of Refunds (Tentative)Nov 20, 2024Nov 29, 2024
Credit of Share (Tentative)Nov 20, 2024Nov 29, 2024
Listing date (Tentative)Nov 22, 2024Dec 02, 2024
Anchor Lockin End date 1Dec 19, 2024Dec 28, 2024
Anchor Lockin End date 2Feb 17, 2025Feb 26, 2025

Financials & KPIs

Onyx Biotec IPO P/E ratio is 26.81, as compared to Rajesh Power IPO P/E ratio of 19.59.

 Onyx Biotec IPORajesh Power IPO
Financials

Company Financials (Restated)

Period Ended31 May 202431 Mar 202431 Mar 202331 Mar 2022
Assets74.7774.1458.7236.84
Total Income10.5453.8739.6244.98
Profit After Tax1.313.031.843.35
NET Worth26.1924.8818.2016.38
Reserves and Surplus12.8611.5612.3010.47
Total Borrowing31.5630.7829.2312.24
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets338.22240.39198.23175.63
Total Income317.85295.06211.18149.37
Profit After Tax27.6826.026.753.45
NET Worth111.2284.3058.6652.29
Reserves and Surplus96.0069.0843.4437.07
Total Borrowing79.7377.6759.7162.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.6100
Promoter Shareholding (Post-Issue)65.173.4
P/E Ratio26.8119.59
Market Cap₹110.61 Cr.₹603.25 Cr.
ROE4.9924.89
ROCE3.7125.61
Debt/Equity1.210.92
EPS₹2.28₹17.10
RoNW4.9925.47

Shares Offered

In the Onyx Biotec IPO Retail Individual Investors (RII) are offered 16,00,000 shares while in Rajesh Power IPO retail investors are offered 16,00,000 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Onyx Biotec IPO and 9,13,600 shares in Rajesh Power IPO.

 Onyx Biotec IPORajesh Power IPO
Anchor Investor Reservation13,66,000 shares13,36,400 shares
Market Maker Reservation2,44,000 shares2,44,000 shares
QIB9,12,000 shares9,13,600 shares
NII6,88,000 shares6,91,200 shares
RII16,00,000 shares16,04,800 shares
Employee
Others
Total45,66,000 shares45,46,000 shares

Bids Received (Subscription)

Onyx Biotec IPO subscribed 138.77x in total, whereas Rajesh Power IPO subscribed 41.66x.

 Onyx Biotec IPORajesh Power IPO
QIB (times)32.49x46.39x
NII (times)602.86x138.46x
Big NII (times)
Small NII (times)
RII (times)118.26x31.96x
Employee (times)
Other (times)
Total (times)138.77x41.66x

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