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Parin Furniture IPO vs Rajnandini Metal IPO

Comparison between Parin Furniture IPO and Rajnandini Metal IPO.

IPO Details

Parin Furniture IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rajnandini Metal IPO is a SME Fixed Price proposed to list at NSE SME.

 Parin Furniture IPORajnandini Metal IPO
LogoParin Furniture IPO LogoRajnandini Metal IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Corporate Capitalventures Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Share India Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Parin Furniture IPO is up to ₹17.89 Cr whereas the issue size of the Rajnandini Metal IPO is up to ₹4.06 Cr. The final issue price of Parin Furniture IPO is ₹63.00 per share and of Rajnandini Metal IPO is ₹26.00 per share.

 Parin Furniture IPORajnandini Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹63.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size28,40,000 shares15,60,000 shares
Fresh Issue Size (Amount)up to ₹17.89 Crup to ₹4.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,40,000 shares15,60,000 shares
Issue Size Total (Amount)up to ₹17.89 Crup to ₹4.06 Cr

IPO Timetable

Parin Furniture IPO opens on Sep 26, 2018, while Rajnandini Metal IPO opens on Sep 24, 2018. The closing date of Parin Furniture IPO and Rajnandini Metal IPO is Sep 28, 2018, and Sep 27, 2018, respectively.

 Parin Furniture IPORajnandini Metal IPO
Anchor Bid Date
Issue OpenSep 26, 2018Sep 24, 2018
Issue CloseSep 28, 2018Sep 27, 2018
Basis Of Allotment (Tentative)Oct 04, 2018
Initiation of Refunds (Tentative)Oct 05, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 09, 2018Oct 08, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Parin Furniture IPO P/E ratio is , as compared to Rajnandini Metal IPO P/E ratio of .

 Parin Furniture IPORajnandini Metal IPO
Financials
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 4,663.61 4,334.86 3,963.39 1,948.67 1,673.60
Total Revenue 6,459.34 5,994.04 6,178.46 2,875.78 3,002.76
Profit After Tax 261.78 135.54 101.57 27.53 60.82
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18
Total Assets 5,744.18
Total Revenue 6,532.36
Profit After Tax 416.62
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,883.98 4,250.62 3,437.18 3,316.57 4,590.35 3,830.85
Total Revenue 14,115.52 12,730.96 13,654.76 10,983.81 10,437.12 9,010.76
Profit After Tax 102.87 55.21 31.62 55.41 40.74 39.07
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Parin Furniture IPO Retail Individual Investors (RII) are offered 9,94,000 shares while in Rajnandini Metal IPO retail investors are offered 9,94,000 shares. Qualified Institutional Buyers (QIB) are offered 2,84,000 shares in Parin Furniture IPO and in Rajnandini Metal IPO.

 Parin Furniture IPORajnandini Metal IPO
Anchor Investor Reserveration
Market Maker Reserveration1,60,000 shares84,000 shares
QIB2,84,000 shares
NII15,62,000 shares7,80,000 shares
RII9,94,000 shares7,80,000 shares
Employee
Others
Total28,40,000 shares15,60,000 shares

Bids Received (Subscription)

Parin Furniture IPO subscribed 2.45x in total, whereas Rajnandini Metal IPO subscribed 1.38x.

 Parin Furniture IPORajnandini Metal IPO
QIB (times)
NII (times)2.08x2.38x
Big NII (times)
Small NII (times)
RII (times)2.62x0.38x
Employee (times)
Other (times)
Total (times)2.45x1.38x