Comparison between Rachana Infrastructure IPO and Sonu Infratech IPO.
Rachana Infrastructure IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.
| Rachana Infrastructure IPO | Sonu Infratech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Sunflower 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 Rachana Infrastructure IPO is up to ₹72.44 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Rachana Infrastructure IPO is ₹135.00 per share and of Sonu Infratech IPO is ₹36.00 per share.
| Rachana Infrastructure IPO | Sonu Infratech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹135.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 25,41,000 shares | 22,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹34.30 Cr | up to ₹8.21 Cr |
| OFS Issue Size | 28,25,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹38.14 Cr | up to ₹0.00 Cr |
| Issue Size Total | 53,66,000 shares | 22,80,000 shares |
| Issue Size Total (Amount) | up to ₹72.44 Cr | up to ₹8.21 Cr |
Rachana Infrastructure IPO opens on May 20, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Rachana Infrastructure IPO and Sonu Infratech IPO is Jun 02, 2022, and May 05, 2022, respectively.
| Rachana Infrastructure IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 20, 2022 | Apr 29, 2022 |
| Issue Close | Jun 02, 2022 | May 05, 2022 |
| Basis Of Allotment (Tentative) | May 10, 2022 | |
| Initiation of Refunds (Tentative) | May 11, 2022 | |
| Credit of Share (Tentative) | May 12, 2022 | |
| Listing date (Tentative) | Jun 10, 2022 | May 13, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rachana Infrastructure IPO P/E ratio is 138, as compared to Sonu Infratech IPO P/E ratio of 15.79.
| Rachana Infrastructure IPO | Sonu Infratech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 83.44 | 94.28 | ||||
| Promoter Shareholding (Post-Issue) | 65.45 | |||||
| P/E Ratio | 138 | 15.79 | ||||
| Market Cap | ₹256.75 Cr. | ₹28.26 Cr. | ||||
| ROE | 16.38 | |||||
| ROCE | 9.7 | |||||
| Debt/Equity | 0.57 | 3.65 | ||||
| EPS | ₹8.66 | ₹2.57 | ||||
| RoNW | 11.63 | 15.14 |
In the Rachana Infrastructure IPO Retail Individual Investors (RII) are offered 26,83,000 shares while in Sonu Infratech IPO retail investors are offered 26,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Rachana Infrastructure IPO and in Sonu Infratech IPO.
| Rachana Infrastructure IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,84,000 shares | 1,20,000 shares |
| QIB | ||
| NII | 26,83,000 shares | 11,40,000 shares |
| RII | 26,83,000 shares | 11,40,000 shares |
| Employee | ||
| Others | ||
| Total | 53,66,000 shares | 22,80,000 shares |
Rachana Infrastructure IPO subscribed 1.21x in total, whereas Sonu Infratech IPO subscribed 16.52x.
| Rachana Infrastructure IPO | Sonu Infratech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.82x | 13.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.60x | 19.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 16.52x |
