Comparison between Innovative Ideals IPO and Rajnandini Metal IPO.
Innovative Ideals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rajnandini Metal IPO is a SME Fixed Price proposed to list at NSE SME.
| Innovative Ideals IPO | Rajnandini Metal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Corporate Capital Ventures Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innovative Ideals IPO is up to ₹11.64 Cr whereas the issue size of the Rajnandini Metal IPO is up to ₹4.06 Cr. The final issue price of Innovative Ideals IPO is ₹40.00 per share and of Rajnandini Metal IPO is ₹26.00 per share.
| Innovative Ideals IPO | Rajnandini Metal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹40.00 per share | |
| Issue Price (Final) | ₹40.00 per share | ₹26.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 29,10,000 shares | 15,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.64 Cr | up to ₹4.06 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 29,10,000 shares | 15,60,000 shares |
| Issue Size Total (Amount) | up to ₹11.64 Cr | up to ₹4.06 Cr |
Innovative Ideals IPO opens on Sep 24, 2018, while Rajnandini Metal IPO opens on Sep 24, 2018. The closing date of Innovative Ideals IPO and Rajnandini Metal IPO is Sep 26, 2018, and Sep 27, 2018, respectively.
| Innovative Ideals IPO | Rajnandini Metal IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 24, 2018 | Sep 24, 2018 |
| Issue Close | Sep 26, 2018 | Sep 27, 2018 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | |
| Initiation of Refunds (Tentative) | Oct 03, 2018 | |
| Credit of Share (Tentative) | Oct 04, 2018 | |
| Listing date (Tentative) | Oct 05, 2018 | Oct 08, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innovative Ideals IPO P/E ratio is , as compared to Rajnandini Metal IPO P/E ratio of .
| Innovative Ideals IPO | Rajnandini Metal IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹45.52 Cr. | ₹15.97 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Innovative Ideals IPO Retail Individual Investors (RII) are offered 14,55,000 shares while in Rajnandini Metal IPO retail investors are offered 14,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Innovative Ideals IPO and in Rajnandini Metal IPO.
| Innovative Ideals IPO | Rajnandini Metal IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,56,000 shares | 84,000 shares |
| QIB | ||
| NII | 14,55,000 shares | 7,80,000 shares |
| RII | 14,55,000 shares | 7,80,000 shares |
| Employee | ||
| Others | ||
| Total | 29,10,000 shares | 15,60,000 shares |
Innovative Ideals IPO subscribed 1.30x in total, whereas Rajnandini Metal IPO subscribed 1.38x.
| Innovative Ideals IPO | Rajnandini Metal IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.01x | 2.38x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.58x | 0.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 1.38x |
