Comparison between Hariom Pipe Industries IPO and Rainbow Children's Medicare IPO.
Hariom Pipe Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rainbow Children's Medicare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the Rainbow Children's Medicare IPO is up to ₹1,580.85 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of Rainbow Children's Medicare IPO is ₹542.00 per share.
| Hariom Pipe Industries IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹144.00 per share | ₹516.00 per share |
| Issue Price (Upper) | ₹153.00 per share | ₹542.00 per share |
| Issue Price (Final) | ₹153.00 per share | ₹542.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 98 shares | 27 shares |
| Fresh Issue Size | 85,00,000 shares | 51,67,679 shares |
| Fresh Issue Size (Amount) | up to ₹130.05 Cr | up to ₹280.07 Cr |
| OFS Issue Size | 0 shares | 2,40,00,900 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,300.78 Cr |
| Issue Size Total | 85,00,000 shares | 2,91,68,579 shares |
| Issue Size Total (Amount) | up to ₹130.05 Cr | up to ₹1,580.85 Cr |
Hariom Pipe Industries IPO opens on Mar 30, 2022, while Rainbow Children's Medicare IPO opens on Apr 27, 2022. The closing date of Hariom Pipe Industries IPO and Rainbow Children's Medicare IPO is Apr 05, 2022, and Apr 29, 2022, respectively.
| Hariom Pipe Industries IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| Anchor Bid Date | Apr 26, 2022 | |
| Issue Open | Mar 30, 2022 | Apr 27, 2022 |
| Issue Close | Apr 05, 2022 | Apr 29, 2022 |
| Basis Of Allotment (Tentative) | Apr 08, 2022 | May 05, 2022 |
| Initiation of Refunds (Tentative) | Apr 11, 2022 | May 06, 2022 |
| Credit of Share (Tentative) | Apr 12, 2022 | May 09, 2022 |
| Listing date (Tentative) | Apr 13, 2022 | May 10, 2022 |
| Anchor Lockin End date 1 | Jun 04, 2022 | |
| Anchor Lockin End date 2 | Aug 03, 2022 |
Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to Rainbow Children's Medicare IPO P/E ratio of 43.53.
| Hariom Pipe Industries IPO | Rainbow Children's Medicare IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.10 | 62.19 | ||||
| Promoter Shareholding (Post-Issue) | 66 | 49.83 | ||||
| P/E Ratio | 15.15 | 43.53 | ||||
| Market Cap | ₹389.79 Cr. | ₹5501.30 Cr. | ||||
| ROE | 21.38 | 8.82 | ||||
| ROCE | 27.41 | 10.48 | ||||
| Debt/Equity | 1.13 | 0.11 | ||||
| EPS | ₹10.64 | ₹4.36 | ||||
| RoNW | 21.38 | 8.88 |
In the Hariom Pipe Industries IPO Retail Individual Investors (RII) are offered 29,75,000 shares while in Rainbow Children's Medicare IPO retail investors are offered 29,75,000 shares. Qualified Institutional Buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 57,75,605 shares in Rainbow Children's Medicare IPO.
| Hariom Pipe Industries IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| Anchor Investor Reservation | 86,63,404 shares | |
| Market Maker Reservation | ||
| QIB | 25,50,000 shares | 57,75,605 shares |
| NII | 29,75,000 shares | 43,31,704 shares |
| RII | 29,75,000 shares | 1,01,07,308 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 85,00,000 shares | 2,91,78,021 shares |
Hariom Pipe Industries IPO subscribed 7.93x in total, whereas Rainbow Children's Medicare IPO subscribed 12.43x.
| Hariom Pipe Industries IPO | Rainbow Children's Medicare IPO | |
|---|---|---|
| QIB (times) | 1.91x | 38.90x |
| NII (times) | 8.87x | 3.73x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.15x | 1.38x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 7.93x | 12.43x |
