Pyramid Technoplast IPO vs Ratnaveer Precision Engineering IPO

Comparison between Pyramid Technoplast IPO and Ratnaveer Precision Engineering IPO.

IPO Details

Pyramid Technoplast IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Pyramid Technoplast IPO is up to ₹153.05 Cr whereas the issue size of the Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of Pyramid Technoplast IPO is ₹166.00 per share and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.

 Pyramid Technoplast IPORatnaveer Precision Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹151.00 per share₹93.00 per share
Issue Price (Upper)₹166.00 per share₹98.00 per share
Issue Price (Final)₹166.00 per share₹98.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size90 shares150 shares
Fresh Issue Size55,00,000 shares1,38,00,000 shares
Fresh Issue Size (Amount)up to ₹91.30 Crup to ₹135.24 Cr
OFS Issue Size37,20,000 shares30,40,000 shares
OFS Issue Size (Amount)up to ₹61.75 Crup to ₹29.79 Cr
Issue Size Total92,20,000 shares1,68,40,000 shares
Issue Size Total (Amount)up to ₹153.05 Crup to ₹165.03 Cr

IPO Timetable

Pyramid Technoplast IPO opens on Aug 18, 2023, while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of Pyramid Technoplast IPO and Ratnaveer Precision Engineering IPO is Aug 22, 2023, and Sep 06, 2023, respectively.

 Pyramid Technoplast IPORatnaveer Precision Engineering IPO
Anchor Bid DateAug 17, 2023Sep 01, 2023
Issue OpenAug 18, 2023Sep 04, 2023
Issue CloseAug 22, 2023Sep 06, 2023
Basis Of Allotment (Tentative)Aug 25, 2023Sep 07, 2023
Initiation of Refunds (Tentative)Aug 28, 2023Sep 08, 2023
Credit of Share (Tentative)Aug 29, 2023Sep 08, 2023
Listing date (Tentative)Aug 29, 2023Sep 11, 2023
Anchor Lockin End date 1Sep 24, 2023Oct 07, 2023
Anchor Lockin End date 2Nov 23, 2023Dec 06, 2023

Financials & KPIs

Pyramid Technoplast IPO P/E ratio is 16.21, as compared to Ratnaveer Precision Engineering IPO P/E ratio of .

 Pyramid Technoplast IPORatnaveer Precision Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets225.78183.76153.46
Total Income482.03402.64316.18
Profit After Tax31.7626.1516.99
NET Worth107.2575.2048.85
Reserves and Surplus75.9771.2944.94
Total Borrowing55.3464.7751.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets389.05308.63255.92
Total Income481.14428.47364.05
Profit After Tax25.049.485.46
NET Worth106.0565.9756.58
Reserves and Surplus71.1661.7152.32
Total Borrowing229.99190.73150.76
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0086.3
Promoter Shareholding (Post-Issue)74.9455.48
P/E Ratio16.21
Market Cap₹611.00 Cr.₹475.29 Cr.
ROE29.61%29.12%
ROCE21.37%12.62%
Debt/Equity2.17
EPS₹10.24₹7.26
RoNW29.61%29.12%

Shares Offered

In the Pyramid Technoplast IPO Retail Individual Investors (RII) are offered 46,10,000 shares while in Ratnaveer Precision Engineering IPO retail investors are offered 46,10,000 shares. Qualified Institutional Buyers (QIB) are offered 11,06,400 shares in Pyramid Technoplast IPO and 33,68,000 shares in Ratnaveer Precision Engineering IPO.

 Pyramid Technoplast IPORatnaveer Precision Engineering IPO
Anchor Investor Reservation16,59,600 shares50,52,000 shares
Market Maker Reservation
QIB11,06,400 shares33,68,000 shares
NII18,44,000 shares25,26,000 shares
RII46,10,000 shares58,94,000 shares
Employee
Others
Total92,20,000 shares1,68,40,000 shares

Bids Received (Subscription)

Pyramid Technoplast IPO subscribed 18.29x in total, whereas Ratnaveer Precision Engineering IPO subscribed 93.99x.

 Pyramid Technoplast IPORatnaveer Precision Engineering IPO
QIB (times)9.94x133.05x
NII (times)32.24x135.21x
Big NII (times)33.81x130.63x
Small NII (times)29.09x144.37x
RII (times)14.72x54.00x
Employee (times)
Other (times)
Total (times)18.29x93.99x

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Pyramid Technoplast IPO Vs Ratnaveer Precision Engineering IPO