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NIKS Technology IPO vs Rangoli Tradecomm IPO

Comparison between NIKS Technology IPO and Rangoli Tradecomm IPO.

IPO Details

NIKS Technology IPO 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.

 NIKS Technology IPORangoli Tradecomm IPO
LogoNIKS Technology IPO LogoRangoli Tradecomm IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGretex Share Broking 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 NIKS Technology IPO is up to ₹1.91 Cr whereas the issue size of the Rangoli Tradecomm IPO is up to ₹42.84 Cr. The final issue price of NIKS Technology IPO is ₹201.00 per share and of Rangoli Tradecomm IPO is ₹207.00 per share.

 NIKS Technology IPORangoli Tradecomm IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹201.00 per share₹207.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares600 shares
Fresh Issue Size27,800 shares20,69,400 shares
Fresh Issue Size (Amount)up to ₹0.56 Crup to ₹42.84 Cr
OFS Issue Size67,000 shares0 shares
OFS Issue Size (Amount)up to ₹1.35 Crup to ₹0.00 Cr
Issue Size Total94,800 shares20,69,400 shares
Issue Size Total (Amount)up to ₹1.91 Crup to ₹42.84 Cr

IPO Timetable

NIKS Technology IPO opens on Mar 19, 2021, while Rangoli Tradecomm IPO opens on Mar 09, 2021. The closing date of NIKS Technology IPO and Rangoli Tradecomm IPO is Mar 23, 2021, and Mar 12, 2021, respectively.

 NIKS Technology IPORangoli Tradecomm IPO
Anchor Bid Date
Issue OpenMar 19, 2021Mar 09, 2021
Issue CloseMar 23, 2021Mar 12, 2021
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 31, 2021Mar 22, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

NIKS Technology IPO P/E ratio is 119.64, as compared to Rangoli Tradecomm IPO P/E ratio of .

 NIKS Technology IPORangoli Tradecomm IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakh)
31-Jan-21 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 67.56 39.37 7.36 9.30
Total Revenue 27.66 19.66 19.84 19.32
Profit After Tax 14.31 8.15 (0.18) (0.64)
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)99.9778.35
Promoter Shareholding (Post-Issue)
P/E Ratio119.64
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the NIKS Technology IPO Retail Individual Investors (RII) are offered 47,400 shares while in Rangoli Tradecomm IPO retail investors are offered 47,400 shares. Qualified Institutional Buyers (QIB) are offered in NIKS Technology IPO and in Rangoli Tradecomm IPO.

 NIKS Technology IPORangoli Tradecomm IPO
Anchor Investor Reserveration
Market Maker Reserveration5,400 shares1,11,600 shares
QIB
NII47,400 shares10,34,400 shares
RII47,400 shares10,35,000 shares
Employee
Others
Total94,800 shares20,69,400 shares

Bids Received (Subscription)

NIKS Technology IPO subscribed 4.10x in total, whereas Rangoli Tradecomm IPO subscribed 1.50x.

 NIKS Technology IPORangoli Tradecomm IPO
QIB (times)
NII (times)0.99x2.28x
Big NII (times)
Small NII (times)
RII (times)7.21x0.72x
Employee (times)
Other (times)
Total (times)4.10x1.50x