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Quality RO Industries IPO vs Richa Info Systems IPO

Comparison between Quality RO Industries IPO and Richa Info Systems IPO.

IPO Details

Quality RO Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Richa Info Systems IPO is a SME Fixed Price proposed to list at NSE SME.

 Quality RO Industries IPORicha Info Systems IPO
LogoQuality RO Industries IPO LogoRicha Info Systems IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Swastika Investmart Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShreni Shares Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Quality RO Industries IPO is up to ₹2.55 Cr whereas the issue size of the Richa Info Systems IPO is up to ₹9.50 Cr. The final issue price of Quality RO Industries IPO is ₹51.00 per share and of Richa Info Systems IPO is ₹125.00 per share.

 Quality RO Industries IPORicha Info Systems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹125.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size5,00,000 shares7,60,000 shares
Fresh Issue Size (Amount)up to ₹2.55 Crup to ₹9.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total5,00,000 shares7,60,000 shares
Issue Size Total (Amount)up to ₹2.55 Crup to ₹9.50 Cr

IPO Timetable

Quality RO Industries IPO opens on Jan 27, 2022, while Richa Info Systems IPO opens on Feb 09, 2022. The closing date of Quality RO Industries IPO and Richa Info Systems IPO is Feb 01, 2022, and Feb 11, 2022, respectively.

 Quality RO Industries IPORicha Info Systems IPO
Anchor Bid Date
Issue OpenJan 27, 2022Feb 09, 2022
Issue CloseFeb 01, 2022Feb 11, 2022
Basis Of Allotment (Tentative)Feb 04, 2022Feb 16, 2022
Initiation of Refunds (Tentative)Feb 07, 2022Feb 17, 2022
Credit of Share (Tentative)Feb 08, 2022Feb 17, 2022
Listing date (Tentative)Feb 09, 2022Feb 21, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Quality RO Industries IPO P/E ratio is 113, as compared to Richa Info Systems IPO P/E ratio of 41.67.

 Quality RO Industries IPORicha Info Systems IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Nov-21
Total Assets 25.02
Total Revenue 1.67
Profit After Tax 0.14
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Nov-21 31-Mar-21 31-Mar-20
Total Assets 172.13 88.38 40.65
Total Revenue 139.68 201.13 175.62
Profit After Tax 4.85 7.22 3.34
Promoter Shareholding (Pre-Issue)84.00
Promoter Shareholding (Post-Issue)60.93
P/E Ratio11341.67
Market Cap₹9.84 Cr.₹30.38 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Quality RO Industries IPO Retail Individual Investors (RII) are offered 2,50,000 shares while in Richa Info Systems IPO retail investors are offered 2,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Quality RO Industries IPO and in Richa Info Systems IPO.

 Quality RO Industries IPORicha Info Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration30,000 shares40,000 shares
QIB
NII2,50,000 shares3,80,000 shares
RII2,50,000 shares3,80,000 shares
Employee
Others
Total5,00,000 shares7,60,000 shares

Bids Received (Subscription)

Quality RO Industries IPO subscribed 7.26x in total, whereas Richa Info Systems IPO subscribed 5.05x.

 Quality RO Industries IPORicha Info Systems IPO
QIB (times)
NII (times)4.46x3.16x
Big NII (times)
Small NII (times)
RII (times)10.06x6.94x
Employee (times)
Other (times)
Total (times)7.26x5.05x