Esprit Stones IPO vs Rajputana Industries IPO

Comparison between Esprit Stones IPO and Rajputana Industries IPO.

IPO Details

Esprit Stones IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajputana Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Esprit Stones IPO is up to ₹47.82 Cr whereas the issue size of the Rajputana Industries IPO is up to ₹22.52 Cr. The final issue price of Esprit Stones IPO is ₹87.00 per share and of Rajputana Industries IPO is ₹38.00 per share.

 Esprit Stones IPORajputana Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share₹36.00 per share
Issue Price (Upper)₹87.00 per share₹38.00 per share
Issue Price (Final)₹87.00 per share₹38.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹5.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size55,04,000 shares59,25,000 shares
Fresh Issue Size (Amount)up to ₹47.82 Crup to ₹22.52 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total55,04,000 shares59,25,000 shares
Issue Size Total (Amount)up to ₹47.82 Crup to ₹22.52 Cr

IPO Timetable

Esprit Stones IPO opens on Jul 26, 2024, while Rajputana Industries IPO opens on Jul 30, 2024. The closing date of Esprit Stones IPO and Rajputana Industries IPO is Jul 30, 2024, and Aug 01, 2024, respectively.

 Esprit Stones IPORajputana Industries IPO
Anchor Bid DateJul 25, 2024Jul 29, 2024
Issue OpenJul 26, 2024Jul 30, 2024
Issue CloseJul 30, 2024Aug 01, 2024
Basis Of Allotment (Tentative)Jul 31, 2024Aug 02, 2024
Initiation of Refunds (Tentative)Aug 01, 2024Aug 05, 2024
Credit of Share (Tentative)Aug 01, 2024Aug 05, 2024
Listing date (Tentative)Aug 02, 2024Aug 06, 2024
Anchor Lockin End date 1Aug 30, 2024Sep 01, 2024
Anchor Lockin End date 2Oct 29, 2024Oct 31, 2024

Financials & KPIs

Esprit Stones IPO P/E ratio is 13.62, as compared to Rajputana Industries IPO P/E ratio of 11.81.

 Esprit Stones IPORajputana Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets274.59238.02180.70
Total Income274.78176.07190.03
Profit After Tax10.323.5618.51
NET Worth72.3962.2858.93
Reserves and Surplus56.2452.7849.43
Total Borrowing125.42118.8058.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets149.75117.81102.37
Total Income327.01255.25244.51
Profit After Tax5.133.102.64
NET Worth32.5727.4417.12
Total Borrowing29.3630.0225.38
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10092.15
Promoter Shareholding (Post-Issue)73.5966.08
P/E Ratio13.6211.81
Market Cap₹190.92 Cr.₹84.42 Cr.
ROE17.09%
ROCE12.39%30.28%
Debt/Equity1.72
EPS₹6.39₹3.22
RoNW15.09%15.74%

Shares Offered

In the Esprit Stones IPO Retail Individual Investors (RII) are offered 18,81,600 shares while in Rajputana Industries IPO retail investors are offered 18,81,600 shares. Qualified Institutional Buyers (QIB) are offered 10,75,200 shares in Esprit Stones IPO and 10,74,000 shares in Rajputana Industries IPO.

 Esprit Stones IPORajputana Industries IPO
Anchor Investor Reservation16,12,800 shares16,11,000 shares
Market Maker Reservation2,91,200 shares3,60,000 shares
QIB10,75,200 shares10,74,000 shares
NII8,06,400 shares9,00,000 shares
RII18,81,600 shares20,10,000 shares
Employee1,28,000 shares30,000 shares
Others
Total55,04,000 shares59,25,000 shares

Bids Received (Subscription)

Esprit Stones IPO subscribed 185.82x in total, whereas Rajputana Industries IPO subscribed 376.41x.

 Esprit Stones IPORajputana Industries IPO
QIB (times)117.63x177.94x
NII (times)399.58x417.95x
Big NII (times)
Small NII (times)
RII (times)145.75x524.61x
Employee (times)2.80x
Other (times)6.67x
Total (times)185.82x376.41x

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