Comparison between Rappid Valves IPO and Techera Engineering IPO.
Rappid Valves IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Techera Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.
| Rappid Valves IPO | Techera Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | SKI Capital Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | SKI Capital Services 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 Rappid Valves IPO is up to ₹28.86 Cr whereas the issue size of the Techera Engineering IPO is up to ₹34.10 Cr. The final issue price of Rappid Valves IPO is ₹222.00 per share and of Techera Engineering IPO is ₹82.00 per share.
| Rappid Valves IPO | Techera Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹210.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹222.00 per share | ₹82.00 per share |
| Issue Price (Final) | ₹222.00 per share | ₹82.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1600 shares |
| Fresh Issue Size | 13,00,200 shares | 41,58,400 shares |
| Fresh Issue Size (Amount) | up to ₹28.86 Cr | up to ₹34.10 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 | 13,00,200 shares | 41,58,400 shares |
| Issue Size Total (Amount) | up to ₹28.86 Cr | up to ₹34.10 Cr |
Rappid Valves IPO opens on Sep 23, 2024, while Techera Engineering IPO opens on Sep 25, 2024. The closing date of Rappid Valves IPO and Techera Engineering IPO is Sep 25, 2024, and Sep 27, 2024, respectively.
| Rappid Valves IPO | Techera Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2024 | Sep 24, 2024 |
| Issue Open | Sep 23, 2024 | Sep 25, 2024 |
| Issue Close | Sep 25, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Sep 26, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 27, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Sep 27, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Sep 30, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 25, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 2 | Dec 24, 2024 | Dec 29, 2024 |
Rappid Valves IPO P/E ratio is 20.53, as compared to Techera Engineering IPO P/E ratio of 20.65.
| Rappid Valves IPO | Techera Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| TechEra Engineering LImited Financial Information (Restated)TechEra Engineering LImited's revenue increased by 47% and profit after tax (PAT) rose by 270% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 69.46 | 57.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.53 | 20.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.26 Cr. | ₹135.47 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.88% | 30.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.88% | 23..47% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.90 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.81 | ₹3.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.82% | 30.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rappid Valves IPO Retail Individual Investors (RII) are offered 4,55,400 shares while in Techera Engineering IPO retail investors are offered 4,55,400 shares. Qualified Institutional Buyers (QIB) are offered 2,59,800 shares in Rappid Valves IPO and 8,32,000 shares in Techera Engineering IPO.
| Rappid Valves IPO | Techera Engineering IPO | |
|---|---|---|
| Anchor Investor Reserveration | 3,89,400 shares | 12,46,400 shares |
| Market Maker Reserveration | 69,600 shares | 2,19,200 shares |
| QIB | 2,59,800 shares | 8,32,000 shares |
| NII | 1,95,600 shares | 6,24,000 shares |
| RII | 4,55,400 shares | 14,56,000 shares |
| Employee | ||
| Others | ||
| Total | 13,00,200 shares | 41,58,400 shares |
Rappid Valves IPO subscribed 176.06x in total, whereas Techera Engineering IPO subscribed 69.80x.
| Rappid Valves IPO | Techera Engineering IPO | |
|---|---|---|
| QIB (times) | 55.97x | 31.22x |
| NII (times) | 491.49x | 128.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 109.09x | 66.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 176.06x | 69.80x |
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