Comparison between Avalon Technologies IPO and Radiant Cash Management IPO.
Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Radiant Cash Management IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Avalon Technologies IPO is up to ₹865.00 Cr whereas the issue size of the Radiant Cash Management IPO is up to ₹256.64 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Radiant Cash Management IPO is ₹94.00 per share.
| Avalon Technologies IPO | Radiant Cash Management IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹415.00 per share | ₹94.00 per share |
| Issue Price (Upper) | ₹436.00 per share | ₹99.00 per share |
| Issue Price (Final) | ₹436.00 per share | ₹94.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 34 shares | 150 shares |
| Fresh Issue Size | 73,39,449 shares | 54,54,546 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹52.47 Cr |
| OFS Issue Size | 1,24,99,997 shares | 2,12,22,431 shares |
| OFS Issue Size (Amount) | up to ₹545.00 Cr | up to ₹204.17 Cr |
| Issue Size Total | 1,98,39,446 shares | 2,66,76,977 shares |
| Issue Size Total (Amount) | up to ₹865.00 Cr | up to ₹256.64 Cr |
Avalon Technologies IPO opens on Apr 03, 2023, while Radiant Cash Management IPO opens on Dec 23, 2022. The closing date of Avalon Technologies IPO and Radiant Cash Management IPO is Apr 06, 2023, and Dec 27, 2022, respectively.
| Avalon Technologies IPO | Radiant Cash Management IPO | |
|---|---|---|
| Anchor Bid Date | Mar 31, 2023 | Dec 22, 2022 |
| Issue Open | Apr 03, 2023 | Dec 23, 2022 |
| Issue Close | Apr 06, 2023 | Dec 27, 2022 |
| Basis Of Allotment (Tentative) | Apr 12, 2023 | Dec 30, 2022 |
| Initiation of Refunds (Tentative) | Apr 13, 2023 | Jan 02, 2023 |
| Credit of Share (Tentative) | Apr 17, 2023 | Jan 03, 2023 |
| Listing date (Tentative) | Apr 18, 2023 | Jan 04, 2023 |
| Anchor Lockin End date 1 | May 12, 2023 | Jan 29, 2023 |
| Anchor Lockin End date 2 | Jul 11, 2023 | Mar 30, 2023 |
Avalon Technologies IPO P/E ratio is 55.54, as compared to Radiant Cash Management IPO P/E ratio of 17.34.
| Avalon Technologies IPO | Radiant Cash Management IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 70.75 | 66.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.24 | 53.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 55.54 | 17.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2846.76 Cr. | ₹1062.41 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85.9 | 27.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.4 | 33.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.64 | 0.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.30 | ₹3.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 85.86 | 27.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in Radiant Cash Management IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 15,82,807 shares in Radiant Cash Management IPO.
| Avalon Technologies IPO | Radiant Cash Management IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,27,751 shares | 1,17,55,681 shares |
| Market Maker Reservation | ||
| QIB | 59,51,835 shares | 15,82,807 shares |
| NII | 29,75,916 shares | 40,01,547 shares |
| RII | 19,83,944 shares | 93,36,942 shares |
| Employee | ||
| Others | ||
| Total | 1,98,39,446 shares | 2,66,76,977 shares |
Avalon Technologies IPO subscribed 2.34x in total, whereas Radiant Cash Management IPO subscribed 0.53x.
| Avalon Technologies IPO | Radiant Cash Management IPO | |
|---|---|---|
| QIB (times) | 3.77x | 1.01x |
| NII (times) | 0.43x | 0.66x |
| Big NII (times) | 0.44x | 0.94x |
| Small NII (times) | 0.41x | 0.09x |
| RII (times) | 0.88x | 0.21x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.34x | 0.53x |
