Comparison between Phoenix Overseas IPO and Rappid Valves IPO.
Phoenix Overseas 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.
| Phoenix Overseas 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 | Khandwala Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Phoenix Overseas IPO is up to ₹34.23 Cr whereas the issue size of the Rappid Valves IPO is up to ₹28.86 Cr. The final issue price of Phoenix Overseas IPO is ₹64.00 per share and of Rappid Valves IPO is ₹222.00 per share.
| Phoenix Overseas IPO | Rappid Valves IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹61.00 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 | 42,98,000 shares | 13,00,200 shares |
| Fresh Issue Size (Amount) | up to ₹27.51 Cr | up to ₹28.86 Cr |
| OFS Issue Size | 10,50,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹6.72 Cr | up to ₹0.00 Cr |
| Issue Size Total | 53,48,000 shares | 13,00,200 shares |
| Issue Size Total (Amount) | up to ₹34.23 Cr | up to ₹28.86 Cr |
Phoenix Overseas IPO opens on Sep 20, 2024, while Rappid Valves IPO opens on Sep 23, 2024. The closing date of Phoenix Overseas IPO and Rappid Valves IPO is Sep 24, 2024, and Sep 25, 2024, respectively.
| Phoenix Overseas IPO | Rappid Valves IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2024 | |
| Issue Open | Sep 20, 2024 | Sep 23, 2024 |
| Issue Close | Sep 24, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 27, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | Oct 25, 2024 | |
| Anchor Lockin End date 2 | Dec 24, 2024 |
Phoenix Overseas IPO P/E ratio is 17.18, as compared to Rappid Valves IPO P/E ratio of 20.53.
| Phoenix Overseas IPO | Rappid Valves IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.16 | 69.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.26 | 51.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.18 | 20.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹123.81 Cr. | ₹115.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.74 | 53.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.28 | 29.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.59 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.72 | ₹10.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.74 | 33.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Phoenix Overseas IPO Retail Individual Investors (RII) are offered 22,48,000 shares while in Rappid Valves IPO retail investors are offered 22,48,000 shares. Qualified Institutional Buyers (QIB) are offered 8,00,000 shares in Phoenix Overseas IPO and 2,59,800 shares in Rappid Valves IPO.
| Phoenix Overseas IPO | Rappid Valves IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,89,400 shares | |
| Market Maker Reservation | 2,82,000 shares | 69,600 shares |
| QIB | 8,00,000 shares | 2,59,800 shares |
| NII | 23,00,000 shares | 1,95,600 shares |
| RII | 22,48,000 shares | 4,55,400 shares |
| Employee | ||
| Others | ||
| Total | 53,48,000 shares | 13,00,200 shares |
Phoenix Overseas IPO subscribed 121.14x in total, whereas Rappid Valves IPO subscribed 123.33x.
| Phoenix Overseas IPO | Rappid Valves IPO | |
|---|---|---|
| QIB (times) | 65.90x | 55.97x |
| NII (times) | 113.82x | 491.49x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 148.29x | 109.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 121.14x | 123.33x |
