Comparison between Pyramid Technoplast IPO and Rishabh Instruments IPO.
Pyramid Technoplast IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rishabh Instruments IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Pyramid Technoplast IPO is up to ₹153.05 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of Pyramid Technoplast IPO is ₹166.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.
| Pyramid Technoplast IPO | Rishabh Instruments IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹151.00 per share | ₹418.00 per share |
| Issue Price (Upper) | ₹166.00 per share | ₹441.00 per share |
| Issue Price (Final) | ₹166.00 per share | ₹441.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 90 shares | 34 shares |
| Fresh Issue Size | 55,00,000 shares | 17,00,680 shares |
| Fresh Issue Size (Amount) | up to ₹91.30 Cr | up to ₹75.00 Cr |
| OFS Issue Size | 37,20,000 shares | 94,28,178 shares |
| OFS Issue Size (Amount) | up to ₹61.75 Cr | up to ₹415.78 Cr |
| Issue Size Total | 92,20,000 shares | 1,11,28,858 shares |
| Issue Size Total (Amount) | up to ₹153.05 Cr | up to ₹490.78 Cr |
Pyramid Technoplast IPO opens on Aug 18, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of Pyramid Technoplast IPO and Rishabh Instruments IPO is Aug 22, 2023, and Sep 01, 2023, respectively.
| Pyramid Technoplast IPO | Rishabh Instruments IPO | |
|---|---|---|
| Anchor Bid Date | Aug 17, 2023 | Aug 29, 2023 |
| Issue Open | Aug 18, 2023 | Aug 30, 2023 |
| Issue Close | Aug 22, 2023 | Sep 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 25, 2023 | Sep 06, 2023 |
| Initiation of Refunds (Tentative) | Aug 28, 2023 | Sep 07, 2023 |
| Credit of Share (Tentative) | Aug 29, 2023 | Sep 08, 2023 |
| Listing date (Tentative) | Aug 29, 2023 | Sep 11, 2023 |
| Anchor Lockin End date 1 | Sep 24, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 2 | Nov 23, 2023 | Dec 05, 2023 |
Pyramid Technoplast IPO P/E ratio is 16.21, as compared to Rishabh Instruments IPO P/E ratio of .
| Pyramid Technoplast IPO | Rishabh Instruments IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 80.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.94 | 70.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹611.00 Cr. | ₹1674.10 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.61% | 12.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.37% | 13.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.24 | ₹12.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.61% | 11.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pyramid Technoplast IPO Retail Individual Investors (RII) are offered 46,10,000 shares while in Rishabh Instruments IPO retail investors are offered 46,10,000 shares. Qualified Institutional Buyers (QIB) are offered 11,06,400 shares in Pyramid Technoplast IPO and 22,25,772 shares in Rishabh Instruments IPO.
| Pyramid Technoplast IPO | Rishabh Instruments IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,59,600 shares | 33,38,656 shares |
| Market Maker Reservation | ||
| QIB | 11,06,400 shares | 22,25,772 shares |
| NII | 18,44,000 shares | 16,69,329 shares |
| RII | 46,10,000 shares | 38,95,101 shares |
| Employee | ||
| Others | ||
| Total | 92,20,000 shares | 1,11,28,858 shares |
Pyramid Technoplast IPO subscribed 18.29x in total, whereas Rishabh Instruments IPO subscribed 31.65x.
| Pyramid Technoplast IPO | Rishabh Instruments IPO | |
|---|---|---|
| QIB (times) | 9.94x | 72.54x |
| NII (times) | 32.24x | 31.29x |
| Big NII (times) | 33.81x | 34.01x |
| Small NII (times) | 29.09x | 25.86x |
| RII (times) | 14.72x | 8.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 18.29x | 31.65x |
