Comparison between Radhika Jeweltech IPO and Riddhi Steel IPO.
Radhika Jeweltech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Riddhi Steel IPO is a SME Fixed Price proposed to list at BSE SME.
| Radhika Jeweltech IPO | Riddhi Steel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Corporate Strategic Allianz Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Satellite Corporate Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Guiness 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 Radhika Jeweltech IPO is up to ₹47.02 Cr whereas the issue size of the Riddhi Steel IPO is up to ₹8.41 Cr. The final issue price of Radhika Jeweltech IPO is ₹75.00 per share and of Riddhi Steel IPO is ₹38.00 per share.
| Radhika Jeweltech IPO | Riddhi Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹75.00 per share | ₹38.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 62,68,800 shares | 22,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹47.02 Cr | up to ₹8.41 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 | 62,68,800 shares | 22,14,000 shares |
| Issue Size Total (Amount) | up to ₹47.02 Cr | up to ₹8.41 Cr |
Radhika Jeweltech IPO opens on Sep 14, 2016, while Riddhi Steel IPO opens on Sep 02, 2016. The closing date of Radhika Jeweltech IPO and Riddhi Steel IPO is Sep 20, 2016, and Sep 07, 2016, respectively.
| Radhika Jeweltech IPO | Riddhi Steel IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 14, 2016 | Sep 02, 2016 |
| Issue Close | Sep 20, 2016 | Sep 07, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 27, 2016 | Sep 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Radhika Jeweltech IPO P/E ratio is , as compared to Riddhi Steel IPO P/E ratio of .
| Radhika Jeweltech IPO | Riddhi Steel IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹177.00 Cr. | ₹31.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Radhika Jeweltech IPO Retail Individual Investors (RII) are offered 31,34,400 shares while in Riddhi Steel IPO retail investors are offered 31,34,400 shares. Qualified Institutional Buyers (QIB) are offered in Radhika Jeweltech IPO and in Riddhi Steel IPO.
| Radhika Jeweltech IPO | Riddhi Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,31,200 shares | 1,26,000 shares |
| QIB | ||
| NII | 31,34,400 shares | 11,07,000 shares |
| RII | 31,34,400 shares | 11,07,000 shares |
| Employee | ||
| Others | ||
| Total | 62,68,800 shares | 22,14,000 shares |
Radhika Jeweltech IPO subscribed 1.05x in total, whereas Riddhi Steel IPO subscribed 2.25x.
| Radhika Jeweltech IPO | Riddhi Steel IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.92x | 2.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.19x | 1.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.05x | 2.25x |
