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Radiant Innovative IPO vs Sacheerome IPO

Comparison between Radiant Innovative IPO and Sacheerome IPO.

IPO Details

Radiant Innovative IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sacheerome IPO is a SME Bookbuilding proposed to list at NSE SME.

 Radiant Innovative IPOSacheerome IPO
LogoRadiant Innovative IPO LogoSacheerome IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersNarnolia Financial Services Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Radiant Innovative IPO is up to ₹0.00 Cr whereas the issue size of the Sacheerome IPO is up to ₹58.53 Cr. The final issue price of Radiant Innovative IPO is and of Sacheerome IPO is ₹102.00 per share.

 Radiant Innovative IPOSacheerome IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹96.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares
Fresh Issue Size46,26,000 shares57,38,400 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹58.53 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total52,26,000 shares57,38,400 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹58.53 Cr

IPO Timetable

Radiant Innovative IPO opens on , while Sacheerome IPO opens on Jun 09, 2025. The closing date of Radiant Innovative IPO and Sacheerome IPO is , and Jun 11, 2025, respectively.

 Radiant Innovative IPOSacheerome IPO
Anchor Bid DateJun 06, 2025
Issue OpenJun 09, 2025
Issue CloseJun 11, 2025
Basis Of Allotment (Tentative)Jun 12, 2025
Initiation of Refunds (Tentative)Jun 13, 2025
Credit of Share (Tentative)Jun 13, 2025
Listing date (Tentative)Jun 16, 2025
Anchor Lockin End date 1Jul 11, 2025
Anchor Lockin End date 2Sep 09, 2025

Financials & KPIs

Radiant Innovative IPO P/E ratio is , as compared to Sacheerome IPO P/E ratio of 10.42.

 Radiant Innovative IPOSacheerome IPO
Financials

Radiant Innovative Manufacturing Limited Financial Information (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets166.61136.48133.18
Total Income216.63204.15168.26
Profit After Tax83.38-1.86
Net Worth53.5630.82-20.07
Reserves and Surplus59.1645.712.22
Total Borrowing37.6540.5574.85
Amount in ₹ Crore

Sacheerome Limited Financial Information (Restated)

Sacheerome Limited's revenue increased by 25% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets84.6763.5249.22
Total Income108.1386.4070.93
Profit After Tax15.9810.675.99
Net Worth61.9946.0035.33
Reserves and Surplus45.6529.6731.25
Total Borrowing3.471.430.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.18100.00
Promoter Shareholding (Post-Issue)39.2971.54
P/E Ratio10.42
Market Cap₹228.20 Cr.
ROE15.23%23.10%
ROCE20.68%33%
Debt/Equity0.620.06
EPS₹9.79
RoNW15.23%25.78%

Shares Offered

In the Radiant Innovative IPO Retail Individual Investors (RII) are offered while in Sacheerome IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Radiant Innovative IPO and 11,47,200 shares in Sacheerome IPO.

 Radiant Innovative IPOSacheerome IPO
Anchor Investor Reserveration17,19,600 shares
Market Maker Reserveration2,61,600 shares3,02,400 shares
QIB11,47,200 shares
NII8,61,600 shares
RII20,10,000 shares
Employee
Others
Total57,38,400 shares

Bids Received (Subscription)

Radiant Innovative IPO subscribed in total, whereas Sacheerome IPO subscribed 312.94x.

 Radiant Innovative IPOSacheerome IPO
QIB (times)173.15x
NII (times)808.56x
Big NII (times)
Small NII (times)
RII (times)180.28x
Employee (times)
Other (times)
Total (times)312.94x