Party Cruisers IPO vs Rangoli Tradecomm IPO

Comparison between Party Cruisers IPO and Rangoli Tradecomm IPO.

IPO Details

Party Cruisers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rangoli Tradecomm IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Party Cruisers IPO is up to ₹7.36 Cr whereas the issue size of the Rangoli Tradecomm IPO is up to ₹42.84 Cr. The final issue price of Party Cruisers IPO is ₹51.00 per share and of Rangoli Tradecomm IPO is ₹207.00 per share.

 Party Cruisers IPORangoli Tradecomm IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹207.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares600 shares
Fresh Issue Size14,44,000 shares20,69,400 shares
Fresh Issue Size (Amount)up to ₹7.36 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 Total14,44,000 shares20,69,400 shares
Issue Size Total (Amount)up to ₹7.36 Crup to ₹42.84 Cr

IPO Timetable

Party Cruisers IPO opens on Feb 22, 2021, while Rangoli Tradecomm IPO opens on Mar 09, 2021. The closing date of Party Cruisers IPO and Rangoli Tradecomm IPO is Feb 25, 2021, and Mar 12, 2021, respectively.

Financials & KPIs

Party Cruisers IPO P/E ratio is , as compared to Rangoli Tradecomm IPO P/E ratio of .

 Party Cruisers IPORangoli Tradecomm IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.3078.35
Promoter Shareholding (Post-Issue)68.71
P/E Ratio
Market Cap₹28.56 Cr.₹170.59 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Party Cruisers IPO Retail Individual Investors (RII) are offered 7,22,000 shares while in Rangoli Tradecomm IPO retail investors are offered 7,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Party Cruisers IPO and in Rangoli Tradecomm IPO.

 Party Cruisers IPORangoli Tradecomm IPO
Anchor Investor Reservation
Market Maker Reservation76,000 shares1,11,600 shares
QIB
NII7,22,000 shares10,34,400 shares
RII7,22,000 shares10,35,000 shares
Employee
Others
Total14,44,000 shares20,69,400 shares

Bids Received (Subscription)

Party Cruisers IPO subscribed 1.30x in total, whereas Rangoli Tradecomm IPO subscribed 1.58x.

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