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Grand Continent Hotels IPO vs Rapid Fleet Management IPO

Comparison between Grand Continent Hotels IPO and Rapid Fleet Management IPO.

IPO Details

Grand Continent Hotels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rapid Fleet Management IPO is a SME Bookbuilding proposed to list at NSE SME.

 Grand Continent Hotels IPORapid Fleet Management IPO
LogoGrand Continent Hotels IPO LogoRapid Fleet Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersIndorient Financial Services Ltd.Gretex Corporate Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAlacrity Securities Ltd.MLB Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Grand Continent Hotels IPO is up to ₹70.73 Cr whereas the issue size of the Rapid Fleet Management IPO is up to ₹35.77 Cr. The final issue price of Grand Continent Hotels IPO is ₹113.00 per share and of Rapid Fleet Management IPO is ₹192.00 per share.

 Grand Continent Hotels IPORapid Fleet Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹107.00 per share₹183.00 per share
Issue Price (Upper)₹113.00 per share₹192.00 per share
Issue Price (Final)₹113.00 per share₹192.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares600 shares
Fresh Issue Size59,30,400 shares18,63,000 shares
Fresh Issue Size (Amount)up to ₹67.01 Crup to ₹35.77 Cr
OFS Issue Size3,28,800 shares0 shares
OFS Issue Size (Amount)up to ₹3.72 Crup to ₹0.00 Cr
Issue Size Total62,59,200 shares18,63,000 shares
Issue Size Total (Amount)up to ₹70.73 Crup to ₹35.77 Cr

IPO Timetable

Grand Continent Hotels IPO opens on Mar 20, 2025, while Rapid Fleet Management IPO opens on Mar 21, 2025. The closing date of Grand Continent Hotels IPO and Rapid Fleet Management IPO is Mar 24, 2025, and Mar 25, 2025, respectively.

 Grand Continent Hotels IPORapid Fleet Management IPO
Anchor Bid DateMar 19, 2025Mar 20, 2025
Issue OpenMar 20, 2025Mar 21, 2025
Issue CloseMar 24, 2025Mar 25, 2025
Basis Of Allotment (Tentative)Mar 25, 2025Mar 26, 2025
Initiation of Refunds (Tentative)Mar 26, 2025Mar 27, 2025
Credit of Share (Tentative)Mar 26, 2025Mar 27, 2025
Listing date (Tentative)Mar 27, 2025Mar 28, 2025
Anchor Lockin End date 1Apr 24, 2025Apr 25, 2025
Anchor Lockin End date 2Jun 23, 2025Jun 24, 2025

Financials & KPIs

Grand Continent Hotels IPO P/E ratio is 51.24, as compared to Rapid Fleet Management IPO P/E ratio of 12.25.

 Grand Continent Hotels IPORapid Fleet Management IPO
Financials

Grand Continent Hotels Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets97.9473.9142.2634.37
Total Income31.8631.5317.056.03
Profit After Tax6.814.121.05-0.79
Net Worth40.1829.990.59-1.63
Reserves and Surplus22.3626-0.42-2.64
Total Borrowing40.2234.9637.0734.72
Amount in ₹ Crore

Rapid Fleet Management Services Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets101.370.6671.8175.37
Total Income87.39116.32106.03114.02
Profit After Tax7.018.074.713.4
Net Worth28.8920.1512.087.41
Reserves and Surplus23.7420.0511.987.31
Total Borrowing34.0714.9315.7927.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)75.0297.50
Promoter Shareholding (Post-Issue)54.8567.54
P/E Ratio51.2412.25
Market Cap₹281.59 Cr.₹142.75 Cr.
ROE25%50.09%
ROCE17%43.11%
Debt/Equity1.130.74
EPS₹2.21₹15.67
RoNW26.67%40.06%

Shares Offered

In the Grand Continent Hotels IPO Retail Individual Investors (RII) are offered 21,87,600 shares while in Rapid Fleet Management IPO retail investors are offered 21,87,600 shares. Qualified Institutional Buyers (QIB) are offered 12,49,200 shares in Grand Continent Hotels IPO and 3,72,600 shares in Rapid Fleet Management IPO.

 Grand Continent Hotels IPORapid Fleet Management IPO
Anchor Investor Reserveration18,73,200 shares5,58,600 shares
Market Maker Reserveration3,30,000 shares4,21,800 shares
QIB12,49,200 shares3,72,600 shares
NII9,37,200 shares2,79,600 shares
RII21,87,600 shares6,52,200 shares
Employee12,000 shares0 shares
Others
Total62,59,200 shares18,63,000 shares

Bids Received (Subscription)

Grand Continent Hotels IPO subscribed 1.79x in total, whereas Rapid Fleet Management IPO subscribed 1.65x.

 Grand Continent Hotels IPORapid Fleet Management IPO
QIB (times)2.93x1.07x
NII (times)1.39x4.38x
Big NII (times)
Small NII (times)
RII (times)1.32x0.81x
Employee (times)
Other (times)
Total (times)1.79x1.65x