Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Ashapuri Gold Ornament FPO vs Rangoli Tradecomm IPO

Comparison between Ashapuri Gold Ornament FPO and Rangoli Tradecomm IPO.

IPO Details

Ashapuri Gold Ornament FPO is a SME Fixed Price IPO proposed to list at BSE SME while Rangoli Tradecomm IPO is a SME Fixed Price proposed to list at BSE SME.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
LogoAshapuri Gold Ornament FPO LogoRangoli Tradecomm IPO Logo
Issue CategorySMESME
Issue TypeFPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ashapuri Gold Ornament FPO is up to ₹28.51 Cr whereas the issue size of the Rangoli Tradecomm IPO is up to ₹42.84 Cr. The final issue price of Ashapuri Gold Ornament FPO is ₹81.00 per share and of Rangoli Tradecomm IPO is ₹207.00 per share.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹81.00 per share₹207.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size35,20,000 shares20,69,400 shares
Fresh Issue Size (Amount)up to ₹28.51 Crup to ₹42.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,20,000 shares20,69,400 shares
Issue Size Total (Amount)up to ₹28.51 Crup to ₹42.84 Cr

IPO Timetable

Ashapuri Gold Ornament FPO opens on Mar 03, 2021, while Rangoli Tradecomm IPO opens on Mar 09, 2021. The closing date of Ashapuri Gold Ornament FPO and Rangoli Tradecomm IPO is Mar 08, 2021, and Mar 12, 2021, respectively.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Anchor Bid Date
Issue OpenMar 03, 2021Mar 09, 2021
Issue CloseMar 08, 2021Mar 12, 2021
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 17, 2021Mar 22, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ashapuri Gold Ornament FPO P/E ratio is , as compared to Rangoli Tradecomm IPO P/E ratio of .

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 5,105.64 4,852.10 4,662.74 1,454.00
Total Revenue 2,231.16 12,065.90 8,820.22 4,692.92
Profit After Tax 244.22 47.36 38.16 7.30
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 10,457.70 7,062.74 1,049.22 697.08
Total Revenue 14,683.95 16,543.50 352.20 0.12
Profit After Tax 1,092.77 211.25 292.55 (0.01)
Promoter Shareholding (Pre-Issue)7378.35
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ashapuri Gold Ornament FPO Retail Individual Investors (RII) are offered 17,60,000 shares while in Rangoli Tradecomm IPO retail investors are offered 17,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashapuri Gold Ornament FPO and in Rangoli Tradecomm IPO.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
Anchor Investor Reserveration
Market Maker Reserveration1,85,600 shares1,11,600 shares
QIB
NII17,60,000 shares10,34,400 shares
RII17,60,000 shares10,35,000 shares
Employee
Others
Total35,20,000 shares20,69,400 shares

Bids Received (Subscription)

Ashapuri Gold Ornament FPO subscribed 1.17x in total, whereas Rangoli Tradecomm IPO subscribed 1.50x.

 Ashapuri Gold Ornament FPORangoli Tradecomm IPO
QIB (times)
NII (times)2.07x2.28x
Big NII (times)
Small NII (times)
RII (times)0.28x0.72x
Employee (times)
Other (times)
Total (times)1.17x1.50x