Comparison between Rajgor Castor Derivatives IPO and Vishnusurya Projects IPO.
Rajgor Castor Derivatives IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vishnusurya Projects IPO is a SME Fixed Price proposed to list at NSE SME.
| Rajgor Castor Derivatives IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Khandwala Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Rajgor Castor Derivatives IPO is up to ₹45.30 Cr whereas the issue size of the Vishnusurya Projects IPO is up to ₹47.46 Cr. The final issue price of Rajgor Castor Derivatives IPO is ₹50.00 per share and of Vishnusurya Projects IPO is ₹68.00 per share.
| Rajgor Castor Derivatives IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹47.00 per share | |
| Issue Price (Upper) | ₹50.00 per share | |
| Issue Price (Final) | ₹50.00 per share | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 83,94,000 shares | 69,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.97 Cr | up to ₹47.46 Cr |
| OFS Issue Size | 6,66,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.33 Cr | up to ₹0.00 Cr |
| Issue Size Total | 90,60,000 shares | 69,80,000 shares |
| Issue Size Total (Amount) | up to ₹45.30 Cr | up to ₹47.46 Cr |
Rajgor Castor Derivatives IPO opens on Oct 17, 2023, while Vishnusurya Projects IPO opens on Sep 29, 2023. The closing date of Rajgor Castor Derivatives IPO and Vishnusurya Projects IPO is Oct 20, 2023, and Oct 05, 2023, respectively.
| Rajgor Castor Derivatives IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Bid Date | Oct 16, 2023 | |
| Issue Open | Oct 17, 2023 | Sep 29, 2023 |
| Issue Close | Oct 20, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 26, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 27, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 30, 2023 | Oct 10, 2023 |
| Listing date (Tentative) | Oct 31, 2023 | Oct 10, 2023 |
| Anchor Lockin End date 1 | Nov 25, 2023 | |
| Anchor Lockin End date 2 | Jan 24, 2024 |
Rajgor Castor Derivatives IPO P/E ratio is 1.66, as compared to Vishnusurya Projects IPO P/E ratio of 2.69.
| Rajgor Castor Derivatives IPO | Vishnusurya Projects IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 1.66 | 2.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹119.58 Cr. | ₹167.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.19% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.97% | 31.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | 1.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹30.06 | ₹25.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.44% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rajgor Castor Derivatives IPO Retail Individual Investors (RII) are offered 31,74,000 shares while in Vishnusurya Projects IPO retail investors are offered 31,74,000 shares. Qualified Institutional Buyers (QIB) are offered 18,12,000 shares in Rajgor Castor Derivatives IPO and in Vishnusurya Projects IPO.
| Rajgor Castor Derivatives IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 27,12,000 shares | |
| Market Maker Reservation | 5,01,000 shares | 3,70,000 shares |
| QIB | 18,12,000 shares | |
| NII | 13,62,000 shares | 34,90,000 shares |
| RII | 31,74,000 shares | 34,90,000 shares |
| Employee | ||
| Others | ||
| Total | 90,60,000 shares | 69,80,000 shares |
Rajgor Castor Derivatives IPO subscribed 107.43x in total, whereas Vishnusurya Projects IPO subscribed 44.11x.
| Rajgor Castor Derivatives IPO | Vishnusurya Projects IPO | |
|---|---|---|
| QIB (times) | 35.52x | |
| NII (times) | 260.01x | 36.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 80.70x | 43.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 107.43x | 44.11x |
