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Rangoli Tradecomm IPO vs Siddhika Coatings IPO

Comparison between Rangoli Tradecomm IPO and Siddhika Coatings IPO.

IPO Details

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

 Rangoli Tradecomm IPOSiddhika Coatings IPO
LogoRangoli Tradecomm IPO LogoSiddhika Coatings IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFedex Securities Pvt.Ltd.Unistone Capital Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerRikhav Securities 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 Rangoli Tradecomm IPO is up to ₹42.84 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.46 Cr. The final issue price of Rangoli Tradecomm IPO is ₹207.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

 Rangoli Tradecomm IPOSiddhika Coatings IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹207.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares2000 shares
Fresh Issue Size20,69,400 shares7,82,000 shares
Fresh Issue Size (Amount)up to ₹42.84 Crup to ₹4.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,69,400 shares7,82,000 shares
Issue Size Total (Amount)up to ₹42.84 Crup to ₹4.46 Cr

IPO Timetable

Rangoli Tradecomm IPO opens on Mar 09, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of Rangoli Tradecomm IPO and Siddhika Coatings IPO is Mar 12, 2021, and Mar 26, 2021, respectively.

 Rangoli Tradecomm IPOSiddhika Coatings IPO
Anchor Bid Date
Issue OpenMar 09, 2021Mar 24, 2021
Issue CloseMar 12, 2021Mar 26, 2021
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 22, 2021Apr 07, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Rangoli Tradecomm IPO P/E ratio is , as compared to Siddhika Coatings IPO P/E ratio of .

 Rangoli Tradecomm IPOSiddhika Coatings 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 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)
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 2,142.26 2,302.13 2,054.86 1,535.18
Total Revenue 614.65 3,041.78 3,223.74 2,214.65
Profit After Tax 19.98 295.86 351.14 256.44
Promoter Shareholding (Pre-Issue)78.3583.64
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Rangoli Tradecomm IPO Retail Individual Investors (RII) are offered 10,35,000 shares while in Siddhika Coatings IPO retail investors are offered 10,35,000 shares. Qualified Institutional Buyers (QIB) are offered in Rangoli Tradecomm IPO and in Siddhika Coatings IPO.

 Rangoli Tradecomm IPOSiddhika Coatings IPO
Anchor Investor Reserveration
Market Maker Reserveration1,11,600 shares42,000 shares
QIB
NII10,34,400 shares3,90,000 shares
RII10,35,000 shares3,92,000 shares
Employee
Others
Total20,69,400 shares7,82,000 shares

Bids Received (Subscription)

Rangoli Tradecomm IPO subscribed 1.50x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

 Rangoli Tradecomm IPOSiddhika Coatings IPO
QIB (times)
NII (times)2.28x2.33x
Big NII (times)
Small NII (times)
RII (times)0.72x2.87x
Employee (times)
Other (times)
Total (times)1.50x2.60x