Rajshree Polypack IPO vs Spectrum Electrical IPO

Comparison between Rajshree Polypack IPO and Spectrum Electrical IPO.

IPO Details

Rajshree Polypack IPO is a SME Fixed Price IPO proposed to list at NSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Rajshree Polypack IPO is up to ₹33.74 Cr whereas the issue size of the Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of Rajshree Polypack IPO is ₹120.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.

 Rajshree Polypack IPOSpectrum Electrical IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹119.00 per share
Issue Price (Upper)₹121.00 per share
Issue Price (Final)₹120.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size28,12,000 shares37,80,000 shares
Fresh Issue Size (Amount)up to ₹33.74 Crup to ₹24.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,12,000 shares37,80,000 shares
Issue Size Total (Amount)up to ₹33.74 Crup to ₹24.57 Cr

IPO Timetable

Rajshree Polypack IPO opens on Sep 10, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of Rajshree Polypack IPO and Spectrum Electrical IPO is Sep 12, 2018, and Sep 21, 2018, respectively.

 Rajshree Polypack IPOSpectrum Electrical IPO
Anchor Bid DateJun 08, 2018
Issue OpenSep 10, 2018Sep 17, 2018
Issue CloseSep 12, 2018Sep 21, 2018
Basis Of Allotment (Tentative)Sep 18, 2018Sep 26, 2018
Initiation of Refunds (Tentative)Sep 19, 2018
Credit of Share (Tentative)Sep 19, 2018
Listing date (Tentative)Sep 24, 2018Oct 01, 2018
Anchor Lockin End date 1Oct 18, 2018

Financials & KPIs

Rajshree Polypack IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .

 Rajshree Polypack IPOSpectrum Electrical IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets85.6681.5876.10
Total Income112.5096.4395.66
Profit After Tax9.318.877.83
EBITDA20.7321.5520.31
NET Worth46.9839.3531.20
Reserves and Surplus39.0131.3828.55
Total Borrowing14.8620.9226.26
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets107.6325.0614.91
Total Income119.836.602.16
Profit After Tax5.900.530.30
NET Worth33.735.795.25
Reserves and Surplus22.590.800.26
Total Borrowing34.4410.358.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)69.49%93.16%
Promoter Shareholding (Post-Issue)51.19%68.63%
Market Cap₹134.81 Cr.₹98.28 Cr.

Shares Offered

In the Rajshree Polypack IPO Retail Individual Investors (RII) are offered 9,85,000 shares while in Spectrum Electrical IPO retail investors are offered 9,85,000 shares. Qualified Institutional Buyers (QIB) are offered 5,72,000 shares in Rajshree Polypack IPO and 0 shares in Spectrum Electrical IPO.

 Rajshree Polypack IPOSpectrum Electrical IPO
Anchor Investor Reservation8,33,000 shares0 shares
Market Maker Reservation1,48,000 shares2,00,000 shares
QIB5,72,000 shares0 shares
NII4,22,000 shares18,90,000 shares
RII9,85,000 shares18,90,000 shares
Employee0 shares0 shares
Total28,12,000 shares37,80,000 shares

Bids Received (Subscription)

Rajshree Polypack IPO subscribed 3.77x in total, whereas Spectrum Electrical IPO subscribed 1.27x.

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