Comparison between Radiant Cash Management IPO and Signatureglobal IPO.
Radiant Cash Management IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Signatureglobal IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Radiant Cash Management IPO is up to ₹256.64 Cr whereas the issue size of the Signatureglobal IPO is up to ₹730.00 Cr. The final issue price of Radiant Cash Management IPO is ₹94.00 per share and of Signatureglobal IPO is ₹385.00 per share.
| Radiant Cash Management IPO | Signatureglobal IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹1 per share |
| Issue Price (Lower) | ₹94.00 per share | ₹366.00 per share |
| Issue Price (Upper) | ₹99.00 per share | ₹385.00 per share |
| Issue Price (Final) | ₹94.00 per share | ₹385.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 38 shares |
| Fresh Issue Size | 54,54,546 shares | 1,56,62,337 shares |
| Fresh Issue Size (Amount) | up to ₹52.47 Cr | up to ₹603.00 Cr |
| OFS Issue Size | 2,12,22,431 shares | 32,98,701 shares |
| OFS Issue Size (Amount) | up to ₹204.17 Cr | up to ₹127.00 Cr |
| Issue Size Total | 2,66,76,977 shares | 1,89,61,038 shares |
| Issue Size Total (Amount) | up to ₹256.64 Cr | up to ₹730.00 Cr |
Radiant Cash Management IPO opens on Dec 23, 2022, while Signatureglobal IPO opens on Sep 20, 2023. The closing date of Radiant Cash Management IPO and Signatureglobal IPO is Dec 27, 2022, and Sep 22, 2023, respectively.
| Radiant Cash Management IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Bid Date | Dec 22, 2022 | Sep 18, 2023 |
| Issue Open | Dec 23, 2022 | Sep 20, 2023 |
| Issue Close | Dec 27, 2022 | Sep 22, 2023 |
| Basis Of Allotment (Tentative) | Dec 30, 2022 | Sep 27, 2023 |
| Initiation of Refunds (Tentative) | Jan 02, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Jan 03, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Jan 04, 2023 | Sep 27, 2023 |
| Anchor Lockin End date 1 | Jan 29, 2023 | Oct 27, 2023 |
| Anchor Lockin End date 2 | Mar 30, 2023 | Dec 26, 2023 |
Radiant Cash Management IPO P/E ratio is 17.34, as compared to Signatureglobal IPO P/E ratio of .
| Radiant Cash Management IPO | Signatureglobal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.39 | 78.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.21 | 69.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1062.41 Cr. | ₹5409.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.34 | -134.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.07 | 1% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 34.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.77 | ₹-5.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Radiant Cash Management IPO Retail Individual Investors (RII) are offered 93,36,942 shares while in Signatureglobal IPO retail investors are offered 93,36,942 shares. Qualified Institutional Buyers (QIB) are offered 15,82,807 shares in Radiant Cash Management IPO and 59,48,080 shares in Signatureglobal IPO.
| Radiant Cash Management IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,17,55,681 shares | 82,72,700 shares |
| Market Maker Reservation | ||
| QIB | 15,82,807 shares | 59,48,080 shares |
| NII | 40,01,547 shares | 28,44,155 shares |
| RII | 93,36,942 shares | 18,96,103 shares |
| Employee | ||
| Others | ||
| Total | 2,66,76,977 shares | 1,89,61,038 shares |
Radiant Cash Management IPO subscribed 0.53x in total, whereas Signatureglobal IPO subscribed 12.50x.
| Radiant Cash Management IPO | Signatureglobal IPO | |
|---|---|---|
| QIB (times) | 1.01x | 13.37x |
| NII (times) | 0.66x | 14.24x |
| Big NII (times) | 0.94x | 16.60x |
| Small NII (times) | 0.09x | 9.53x |
| RII (times) | 0.21x | 7.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.53x | 12.50x |
