Comparison between Divyadhan Recycling IPO and Rappid Valves IPO.
Divyadhan Recycling IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rappid Valves IPO is a SME Bookbuilding proposed to list at NSE SME.
| Divyadhan Recycling IPO | Rappid Valves IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Shreni Shares Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Kantilal Chhaganlal Securities Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Divyadhan Recycling IPO is up to ₹22.89 Cr whereas the issue size of the Rappid Valves IPO is up to ₹28.86 Cr. The final issue price of Divyadhan Recycling IPO is ₹64.00 per share and of Rappid Valves IPO is ₹222.00 per share.
| Divyadhan Recycling IPO | Rappid Valves IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | ₹210.00 per share |
| Issue Price (Upper) | ₹64.00 per share | ₹222.00 per share |
| Issue Price (Final) | ₹64.00 per share | ₹222.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 35,76,000 shares | 13,00,200 shares |
| Fresh Issue Size (Amount) | up to ₹22.89 Cr | up to ₹28.86 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,76,000 shares | 13,00,200 shares |
| Issue Size Total (Amount) | up to ₹22.89 Cr | up to ₹28.86 Cr |
Divyadhan Recycling IPO opens on Sep 26, 2024, while Rappid Valves IPO opens on Sep 23, 2024. The closing date of Divyadhan Recycling IPO and Rappid Valves IPO is Sep 30, 2024, and Sep 25, 2024, respectively.
| Divyadhan Recycling IPO | Rappid Valves IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Sep 20, 2024 |
| Issue Open | Sep 26, 2024 | Sep 23, 2024 |
| Issue Close | Sep 30, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Sep 27, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | Nov 03, 2024 | Oct 25, 2024 |
| Anchor Lockin End date 2 | Jan 03, 2025 | Dec 24, 2024 |
Divyadhan Recycling IPO P/E ratio is 28.34, as compared to Rappid Valves IPO P/E ratio of 20.53.
| Divyadhan Recycling IPO | Rappid Valves IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Divyadhan Recycling Industries Limited Financial Information (Restated)Divyadhan Recycling Industries Limited's revenue increased by 2% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2024 and March 31, 2023.
| Rappid Valves (India) Limited Financial Information (Restated)Rappid Valves (India) Limited's revenue increased by 123% and profit after tax (PAT) rose by 807% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.06 | 69.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.24 | 51.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.34 | 20.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.56 Cr. | ₹115.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.42% | 53.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.76% | 29.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.26 | ₹10.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.42% | 33.82% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divyadhan Recycling IPO Retail Individual Investors (RII) are offered 12,52,000 shares while in Rappid Valves IPO retail investors are offered 12,52,000 shares. Qualified Institutional Buyers (QIB) are offered 7,16,000 shares in Divyadhan Recycling IPO and 2,59,800 shares in Rappid Valves IPO.
| Divyadhan Recycling IPO | Rappid Valves IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,70,000 shares | 3,89,400 shares |
| Market Maker Reserveration | 2,00,000 shares | 69,600 shares |
| QIB | 7,16,000 shares | 2,59,800 shares |
| NII | 5,38,000 shares | 1,95,600 shares |
| RII | 12,52,000 shares | 4,55,400 shares |
| Employee | ||
| Others | ||
| Total | 35,76,000 shares | 13,00,200 shares |
Divyadhan Recycling IPO subscribed 40.93x in total, whereas Rappid Valves IPO subscribed 176.06x.
| Divyadhan Recycling IPO | Rappid Valves IPO | |
|---|---|---|
| QIB (times) | 29.39x | 55.97x |
| NII (times) | 76.03x | 491.49x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 32.43x | 109.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 40.93x | 176.06x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
