Comparison between R M Drip IPO and Vanta Bioscience IPO.
R M Drip IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vanta Bioscience IPO is a SME Fixed Price proposed to list at BSE SME.
| R M Drip IPO | Vanta Bioscience IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Inventure Growth & Securities 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 Vanta Bioscience IPO is up to ₹7.17 Cr. The final issue price of R M Drip IPO is ₹57.00 per share and of Vanta Bioscience IPO is ₹50.00 per share.
| R M Drip IPO | Vanta Bioscience IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | |
| Issue Price (Upper) | ₹57.00 per share | |
| Issue Price (Final) | ₹57.00 per share | ₹50.00 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 | 14,34,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.83 Cr | up to ₹7.17 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 | 14,34,000 shares |
| Issue Size Total (Amount) | up to ₹10.83 Cr | up to ₹7.17 Cr |
R M Drip IPO opens on Sep 19, 2017, while Vanta Bioscience IPO opens on Sep 25, 2017. The closing date of R M Drip IPO and Vanta Bioscience IPO is Sep 25, 2017, and Sep 27, 2017, respectively.
| R M Drip IPO | Vanta Bioscience IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 19, 2017 | Sep 25, 2017 |
| Issue Close | Sep 25, 2017 | Sep 27, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 04, 2017 | Oct 06, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
R M Drip IPO P/E ratio is , as compared to Vanta Bioscience IPO P/E ratio of .
| R M Drip IPO | Vanta Bioscience IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹38.13 Cr. | ₹28.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the R M Drip IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in Vanta Bioscience IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered in R M Drip IPO and in Vanta Bioscience IPO.
| R M Drip IPO | Vanta Bioscience IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,10,000 shares | 78,000 shares |
| QIB | ||
| NII | 9,50,000 shares | 7,17,000 shares |
| RII | 9,50,000 shares | 7,17,000 shares |
| Employee | ||
| Others | ||
| Total | 19,00,000 shares | 14,34,000 shares |
R M Drip IPO subscribed 1.27x in total, whereas Vanta Bioscience IPO subscribed 1.44x.
| R M Drip IPO | Vanta Bioscience IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.53x | 1.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.00x | 1.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.27x | 1.44x |
