Comparison between Rajnandini Metal IPO and Sky Gold IPO.
IPO Details
Rajnandini Metal IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sky Gold IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Rajnandini Metal IPO is up to ₹4.06 Cr whereas the issue size of the Sky Gold IPO is up to ₹24.25 Cr. The final issue price of Rajnandini Metal IPO is ₹26.00 per share and of Sky Gold IPO is ₹180.00 per share.
IPO Timetable
Rajnandini Metal IPO opens on Sep 24, 2018, while Sky Gold IPO opens on Sep 18, 2018. The closing date of Rajnandini Metal IPO and Sky Gold IPO is Sep 27, 2018, and Sep 21, 2018, respectively.
| | Rajnandini Metal IPO | Sky Gold IPO |
|---|
| Issue Open | Sep 24, 2018 | Sep 18, 2018 |
| Issue Close | Sep 27, 2018 | Sep 21, 2018 |
| Basis Of Allotment (Tentative) | Oct 03, 2018 | Sep 26, 2018 |
| Initiation of Refunds (Tentative) | | Sep 27, 2018 |
| Credit of Share (Tentative) | | Sep 28, 2018 |
| Listing date (Tentative) | Oct 08, 2018 | Oct 04, 2018 |
Financials & KPIs
Rajnandini Metal IPO P/E ratio is , as compared to Sky Gold IPO P/E ratio of .
Shares Offered
In the Rajnandini Metal IPO Retail Individual Investors (RII) are offered 7,80,000 shares while in Sky Gold IPO retail investors are offered 7,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Rajnandini Metal IPO and 0 shares in Sky Gold IPO.
| | Rajnandini Metal IPO | Sky Gold IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 84,000 shares | 72,800 shares |
| QIB | 0 shares | 0 shares |
| NII | 7,80,000 shares | 6,73,600 shares |
| RII | 7,80,000 shares | 6,73,600 shares |
| Employee | 0 shares | 0 shares |
| Total | 15,60,000 shares | 13,47,200 shares |
Bids Received (Subscription)
Rajnandini Metal IPO subscribed 1.38x in total, whereas Sky Gold IPO subscribed 1.08x.
