Mindpool Technologies IPO vs Rajnandini Metal IPO

Comparison between Mindpool Technologies IPO and Rajnandini Metal IPO.

IPO Details

Mindpool Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rajnandini Metal IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Mindpool Technologies IPO is up to ₹3.41 Cr whereas the issue size of the Rajnandini Metal IPO is up to ₹4.06 Cr. The final issue price of Mindpool Technologies IPO is ₹30.00 per share and of Rajnandini Metal IPO is ₹26.00 per share.

 Mindpool Technologies IPORajnandini Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size11,36,000 shares15,60,000 shares
Fresh Issue Size (Amount)up to ₹3.41 Crup to ₹4.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,36,000 shares15,60,000 shares
Issue Size Total (Amount)up to ₹3.41 Crup to ₹4.06 Cr

IPO Timetable

Mindpool Technologies IPO opens on Feb 14, 2019, while Rajnandini Metal IPO opens on Sep 24, 2018. The closing date of Mindpool Technologies IPO and Rajnandini Metal IPO is Feb 20, 2019, and Sep 27, 2018, respectively.

 Mindpool Technologies IPORajnandini Metal IPO
Issue OpenFeb 14, 2019Sep 24, 2018
Issue CloseFeb 20, 2019Sep 27, 2018
Basis Of Allotment (Tentative)Oct 03, 2018
Listing date (Tentative)Feb 28, 2019Oct 08, 2018

Financials & KPIs

Mindpool Technologies IPO P/E ratio is , as compared to Rajnandini Metal IPO P/E ratio of .

 Mindpool Technologies IPORajnandini Metal IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets15.5613.9316.8013.15
Total Income10.8120.4325.3820.78
Profit After Tax1.461.631.29-0.33
EBITDA1.692.462.340.34
NET Worth11.9010.298.637.35
Reserves and Surplus8.867.258.617.34
Total Borrowing1.241.216.115.02
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets38.3842.5134.37
Total Income141.16127.31136.55
Profit After Tax0.940.550.32
NET Worth8.037.096.53
Reserves and Surplus3.532.592.03
Total Borrowing21.9822.2822.13
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.43%99.99%
Promoter Shareholding (Post-Issue)71.27%73.23%
Market Cap₹12.71 Cr.₹15.97 Cr.

Shares Offered

In the Mindpool Technologies IPO Retail Individual Investors (RII) are offered 5,68,000 shares while in Rajnandini Metal IPO retail investors are offered 5,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Mindpool Technologies IPO and 0 shares in Rajnandini Metal IPO.

 Mindpool Technologies IPORajnandini Metal IPO
Anchor Investor Reservation0 shares
Market Maker Reservation64,000 shares84,000 shares
QIB0 shares
NII5,68,000 shares7,80,000 shares
RII5,68,000 shares7,80,000 shares
Employee0 shares
Total11,36,000 shares15,60,000 shares

Bids Received (Subscription)

Mindpool Technologies IPO subscribed 2.09x in total, whereas Rajnandini Metal IPO subscribed 1.38x.

 Mindpool Technologies IPORajnandini Metal IPO
NII (times)2.53x2.38x
RII (times)1.65x0.38x
Total (times)2.09x1.38x

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Mindpool Technologies IPO Vs Rajnandini Metal IPO