Comparison between Grill Splendour IPO and Ramdevbaba Solvent IPO.
Grill Splendour IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ramdevbaba Solvent IPO is a SME Bookbuilding proposed to list at NSE SME.
| Grill Splendour IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Choice Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Grill Splendour IPO is up to ₹15.64 Cr whereas the issue size of the Ramdevbaba Solvent IPO is up to ₹47.60 Cr. The final issue price of Grill Splendour IPO is ₹120.00 per share and of Ramdevbaba Solvent IPO is ₹85.00 per share.
| Grill Splendour IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | |
| Issue Price (Upper) | ₹85.00 per share | |
| Issue Price (Final) | ₹120.00 per share | ₹85.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 13,03,200 shares | 56,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.64 Cr | up to ₹47.60 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 | 13,03,200 shares | 56,00,000 shares |
| Issue Size Total (Amount) | up to ₹15.64 Cr | up to ₹47.60 Cr |
Grill Splendour IPO opens on Apr 15, 2024, while Ramdevbaba Solvent IPO opens on Apr 15, 2024. The closing date of Grill Splendour IPO and Ramdevbaba Solvent IPO is Apr 18, 2024, and Apr 18, 2024, respectively.
| Grill Splendour IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Anchor Bid Date | Apr 12, 2024 | |
| Issue Open | Apr 15, 2024 | Apr 15, 2024 |
| Issue Close | Apr 18, 2024 | Apr 18, 2024 |
| Basis Of Allotment (Tentative) | Apr 19, 2024 | Apr 19, 2024 |
| Initiation of Refunds (Tentative) | Apr 22, 2024 | Apr 22, 2024 |
| Credit of Share (Tentative) | Apr 22, 2024 | Apr 22, 2024 |
| Listing date (Tentative) | Apr 23, 2024 | Apr 23, 2024 |
| Anchor Lockin End date 1 | May 19, 2024 | |
| Anchor Lockin End date 2 | Jul 18, 2024 |
Grill Splendour IPO P/E ratio is 23.12, as compared to Ramdevbaba Solvent IPO P/E ratio of 10.6.
| Grill Splendour IPO | Ramdevbaba Solvent IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Grill Splendour Services Limited Financial Information (Restated)Grill Splendour Services Limited's revenue increased by 32.92% and profit after tax (PAT) rose by 5654.34% between the financial year ending with March 31, 2023 and March 31, 2022.
| Ramdevbaba Solvent Limited Financial Information (Restated)Ramdevbaba Solvent Limited's revenue increased by 20.35% and profit after tax (PAT) rose by 97.25% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 49.75 | 81.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 36.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.12 | 10.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹62.50 Cr. | ₹188.07 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.50 | 1.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.19 | ₹8.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.46% | 14.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grill Splendour IPO Retail Individual Investors (RII) are offered 6,51,600 shares while in Ramdevbaba Solvent IPO retail investors are offered 6,51,600 shares. Qualified Institutional Buyers (QIB) are offered in Grill Splendour IPO and 11,20,000 shares in Ramdevbaba Solvent IPO.
| Grill Splendour IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| Anchor Investor Reserveration | 16,80,000 shares | |
| Market Maker Reserveration | 69,600 shares | 3,13,600 shares |
| QIB | 11,20,000 shares | |
| NII | 6,51,600 shares | 8,40,000 shares |
| RII | 6,51,600 shares | 19,60,000 shares |
| Employee | ||
| Others | ||
| Total | 13,03,200 shares | 56,00,000 shares |
Grill Splendour IPO subscribed 8.68x in total, whereas Ramdevbaba Solvent IPO subscribed 126.21x.
| Grill Splendour IPO | Ramdevbaba Solvent IPO | |
|---|---|---|
| QIB (times) | 65.95x | |
| NII (times) | 4.59x | 314.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.78x | 79.96x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.68x | 126.21x |
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