Comparison between Parin Furniture IPO and Rajnandini Metal IPO.
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 IPO | Rajnandini Metal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Corporate Capital Ventures Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Share India Securities 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 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 IPO | Rajnandini 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 Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 28,40,000 shares | 15,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹17.89 Cr | up to ₹4.06 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 | 28,40,000 shares | 15,60,000 shares |
| Issue Size Total (Amount) | up to ₹17.89 Cr | up to ₹4.06 Cr |
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 IPO | Rajnandini Metal IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 26, 2018 | Sep 24, 2018 |
| Issue Close | Sep 28, 2018 | Sep 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, 2018 | Oct 08, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Parin Furniture IPO P/E ratio is , as compared to Rajnandini Metal IPO P/E ratio of .
| Parin Furniture IPO | Rajnandini Metal IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹70.04 Cr. | ₹15.97 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Rajnandini Metal IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,60,000 shares | 84,000 shares |
| QIB | 2,84,000 shares | |
| NII | 15,62,000 shares | 7,80,000 shares |
| RII | 9,94,000 shares | 7,80,000 shares |
| Employee | ||
| Others | ||
| Total | 28,40,000 shares | 15,60,000 shares |
Parin Furniture IPO subscribed 2.45x in total, whereas Rajnandini Metal IPO subscribed 1.38x.
| Parin Furniture IPO | Rajnandini Metal IPO | |
|---|---|---|
| QIB (times) | 1.00x | |
| NII (times) | 1.89x | 2.38x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.74x | 0.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.45x | 1.38x |
