Comparison between P S Raj Steels IPO and Royal Arc Electrodes IPO.
P S Raj Steels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Royal Arc Electrodes IPO is a SME Bookbuilding proposed to list at NSE SME.
| P S Raj Steels IPO | Royal Arc Electrodes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of P S Raj Steels IPO is up to ₹26.87 Cr whereas the issue size of the Royal Arc Electrodes IPO is up to ₹34.16 Cr. The final issue price of P S Raj Steels IPO is ₹140.00 per share and of Royal Arc Electrodes IPO is ₹120.00 per share.
| P S Raj Steels IPO | Royal Arc Electrodes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹132.00 per share | ₹114.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹120.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 19,19,000 shares | 16,46,400 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹19.76 Cr |
| OFS Issue Size | 0 shares | 12,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹14.40 Cr |
| Issue Size Total | 19,19,000 shares | 28,46,400 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹34.16 Cr |
P S Raj Steels IPO opens on Feb 12, 2025, while Royal Arc Electrodes IPO opens on Feb 14, 2025. The closing date of P S Raj Steels IPO and Royal Arc Electrodes IPO is Feb 14, 2025, and Feb 18, 2025, respectively.
| P S Raj Steels IPO | Royal Arc Electrodes IPO | |
|---|---|---|
| Anchor Bid Date | Feb 11, 2025 | Feb 13, 2025 |
| Issue Open | Feb 12, 2025 | Feb 14, 2025 |
| Issue Close | Feb 14, 2025 | Feb 18, 2025 |
| Basis Of Allotment (Tentative) | Feb 17, 2025 | Feb 19, 2025 |
| Initiation of Refunds (Tentative) | Feb 18, 2025 | Feb 20, 2025 |
| Credit of Share (Tentative) | Feb 18, 2025 | Feb 20, 2025 |
| Listing date (Tentative) | Feb 19, 2025 | Feb 24, 2025 |
| Anchor Lockin End date 1 | Mar 19, 2025 | Mar 21, 2025 |
| Anchor Lockin End date 2 | May 18, 2025 | May 20, 2025 |
P S Raj Steels IPO P/E ratio is 12.14, as compared to Royal Arc Electrodes IPO P/E ratio of 9.36.
| P S Raj Steels IPO | Royal Arc Electrodes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | PS Raj Steels Limited Financial Information (Restated)
| Royal Arc Electrodes Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.20 | 72.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.14 | 9.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.54 Cr. | ₹133.20 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.79% | 32.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.64% | 37.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.53 | ₹12.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.79% | 28.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the P S Raj Steels IPO Retail Individual Investors (RII) are offered 6,65,000 shares while in Royal Arc Electrodes IPO retail investors are offered 6,65,000 shares. Qualified Institutional Buyers (QIB) are offered 3,80,000 shares in P S Raj Steels IPO and 5,82,000 shares in Royal Arc Electrodes IPO.
| P S Raj Steels IPO | Royal Arc Electrodes IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,69,000 shares | 8,40,000 shares |
| Market Maker Reserveration | 1,01,000 shares | 1,53,600 shares |
| QIB | 3,80,000 shares | 5,82,000 shares |
| NII | 2,85,000 shares | 4,06,800 shares |
| RII | 6,65,000 shares | 10,17,600 shares |
| Employee | 20,000 shares | 0 shares |
| Others | ||
| Total | 19,19,000 shares | 28,46,400 shares |
P S Raj Steels IPO subscribed 9.82x in total, whereas Royal Arc Electrodes IPO subscribed 1.60x.
| P S Raj Steels IPO | Royal Arc Electrodes IPO | |
|---|---|---|
| QIB (times) | 1.21x | 1.04x |
| NII (times) | 21.39x | 0.92x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.04x | 2.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.82x | 1.60x |
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