Comparison between Plada Infotech IPO and Rajgor Castor Derivatives IPO.
Plada Infotech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajgor Castor Derivatives IPO is a SME Bookbuilding proposed to list at NSE SME.
| Plada Infotech IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Plada Infotech IPO is up to ₹11.74 Cr whereas the issue size of the Rajgor Castor Derivatives IPO is up to ₹45.30 Cr. The final issue price of Plada Infotech IPO is ₹48.00 per share and of Rajgor Castor Derivatives IPO is ₹50.00 per share.
| Plada Infotech IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹47.00 per share | |
| Issue Price (Upper) | ₹50.00 per share | |
| Issue Price (Final) | ₹48.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 24,45,000 shares | 83,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.74 Cr | up to ₹41.97 Cr |
| OFS Issue Size | 0 shares | 6,66,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.33 Cr |
| Issue Size Total | 24,45,000 shares | 90,60,000 shares |
| Issue Size Total (Amount) | up to ₹11.74 Cr | up to ₹45.30 Cr |
Plada Infotech IPO opens on Sep 29, 2023, while Rajgor Castor Derivatives IPO opens on Oct 17, 2023. The closing date of Plada Infotech IPO and Rajgor Castor Derivatives IPO is Oct 05, 2023, and Oct 20, 2023, respectively.
| Plada Infotech IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Bid Date | Oct 16, 2023 | |
| Issue Open | Sep 29, 2023 | Oct 17, 2023 |
| Issue Close | Oct 05, 2023 | Oct 20, 2023 |
| Basis Of Allotment (Tentative) | Oct 09, 2023 | Oct 26, 2023 |
| Initiation of Refunds (Tentative) | Oct 10, 2023 | Oct 27, 2023 |
| Credit of Share (Tentative) | Oct 11, 2023 | Oct 30, 2023 |
| Listing date (Tentative) | Oct 13, 2023 | Oct 31, 2023 |
| Anchor Lockin End date 1 | Nov 25, 2023 | |
| Anchor Lockin End date 2 | Jan 24, 2024 |
Plada Infotech IPO P/E ratio is 12.31, as compared to Rajgor Castor Derivatives IPO P/E ratio of 1.66.
| Plada Infotech IPO | Rajgor Castor Derivatives IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Lakhs | Rajgor Castor Derivatives Limited Financial Information (Restated)Rajgor Castor Derivatives Limited's revenue increased by 948.26% and profit after tax (PAT) rose by 962.41% between the financial year ending with March 31, 2023 and March 31, 2022.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.50 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.31 | 1.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹41.16 Cr. | ₹119.58 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 37% | 43.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21% | 22.97% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.20 | 1.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.90 | ₹30.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.07% | 23.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Plada Infotech IPO Retail Individual Investors (RII) are offered 12,22,500 shares while in Rajgor Castor Derivatives IPO retail investors are offered 12,22,500 shares. Qualified Institutional Buyers (QIB) are offered in Plada Infotech IPO and 18,12,000 shares in Rajgor Castor Derivatives IPO.
| Plada Infotech IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| Anchor Investor Reserveration | 27,12,000 shares | |
| Market Maker Reserveration | 1,29,000 shares | 5,01,000 shares |
| QIB | 18,12,000 shares | |
| NII | 12,22,500 shares | 13,62,000 shares |
| RII | 12,22,500 shares | 31,74,000 shares |
| Employee | ||
| Others | ||
| Total | 24,45,000 shares | 90,60,000 shares |
Plada Infotech IPO subscribed 57.85x in total, whereas Rajgor Castor Derivatives IPO subscribed 107.43x.
| Plada Infotech IPO | Rajgor Castor Derivatives IPO | |
|---|---|---|
| QIB (times) | 35.52x | |
| NII (times) | 39.81x | 260.01x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 73.78x | 80.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 57.85x | 107.43x |
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