Comparison between R M Drip IPO and Sagar Diamonds IPO.
R M Drip IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sagar Diamonds IPO is a SME Bookbuilding proposed to list at BSE SME.
| R M Drip IPO | Sagar Diamonds IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of R M Drip IPO is up to ₹10.83 Cr whereas the issue size of the Sagar Diamonds IPO is up to ₹14.45 Cr. The final issue price of R M Drip IPO is ₹57.00 per share and of Sagar Diamonds IPO is ₹45.00 per share.
| R M Drip IPO | Sagar Diamonds IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | ₹40.00 per share |
| Issue Price (Upper) | ₹57.00 per share | ₹45.00 per share |
| Issue Price (Final) | ₹57.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 19,00,000 shares | 32,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.83 Cr | up to ₹14.45 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,00,000 shares | 32,10,000 shares |
| Issue Size Total (Amount) | up to ₹10.83 Cr | up to ₹14.45 Cr |
R M Drip IPO opens on Sep 19, 2017, while Sagar Diamonds IPO opens on Sep 14, 2017. The closing date of R M Drip IPO and Sagar Diamonds IPO is Sep 25, 2017, and Sep 18, 2017, respectively.
| R M Drip IPO | Sagar Diamonds IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 19, 2017 | Sep 14, 2017 |
| Issue Close | Sep 25, 2017 | Sep 18, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 04, 2017 | Sep 26, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
R M Drip IPO P/E ratio is , as compared to Sagar Diamonds IPO P/E ratio of 120.05.
| R M Drip IPO | Sagar Diamonds IPO | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | |||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.26 | |||||||||||||||||||||||||||||||
| P/E Ratio | 120.05 | |||||||||||||||||||||||||||||||
| Market Cap | ₹38.13 Cr. | ₹56.90 Cr. | ||||||||||||||||||||||||||||||
| ROE | 97.80 | |||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||
| EPS | ₹0.37 | |||||||||||||||||||||||||||||||
| RoNW | 97.80 | |||||||||||||||||||||||||||||||
In the R M Drip IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in Sagar Diamonds IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered in R M Drip IPO and in Sagar Diamonds IPO.
| R M Drip IPO | Sagar Diamonds IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,10,000 shares | 1,71,000 shares |
| QIB | ||
| NII | 9,50,000 shares | 16,05,000 shares |
| RII | 9,50,000 shares | 16,05,000 shares |
| Employee | ||
| Others | ||
| Total | 19,00,000 shares | 32,10,000 shares |
R M Drip IPO subscribed 1.27x in total, whereas Sagar Diamonds IPO subscribed 10.03x.
| R M Drip IPO | Sagar Diamonds IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.53x | 7.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.00x | 12.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.27x | 10.03x |
