EPACK Durable IPO vs Rashi Peripherals IPO

Comparison between EPACK Durable IPO and Rashi Peripherals IPO.

IPO Details

EPACK Durable IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rashi Peripherals IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.

 EPACK Durable IPORashi Peripherals IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹218.00 per share₹295.00 per share
Issue Price (Upper)₹230.00 per share₹311.00 per share
Issue Price (Final)₹230.00 per share₹311.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size65 shares48 shares
Fresh Issue Size1,73,91,304 shares1,92,92,604 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹600.00 Cr
OFS Issue Size1,04,37,047 shares0 shares
OFS Issue Size (Amount)up to ₹240.05 Crup to ₹0.00 Cr
Issue Size Total2,78,28,351 shares1,92,92,604 shares
Issue Size Total (Amount)up to ₹640.05 Crup to ₹600.00 Cr

IPO Timetable

EPACK Durable IPO opens on Jan 19, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of EPACK Durable IPO and Rashi Peripherals IPO is Jan 24, 2024, and Feb 09, 2024, respectively.

 EPACK Durable IPORashi Peripherals IPO
Anchor Bid DateJan 18, 2024Feb 06, 2024
Issue OpenJan 19, 2024Feb 07, 2024
Issue CloseJan 24, 2024Feb 09, 2024
Basis Of Allotment (Tentative)Jan 25, 2024Feb 12, 2024
Initiation of Refunds (Tentative)Jan 29, 2024Feb 13, 2024
Credit of Share (Tentative)Jan 29, 2024Feb 13, 2024
Listing date (Tentative)Jan 30, 2024Feb 14, 2024
Anchor Lockin End date 1Feb 24, 2024Mar 13, 2024
Anchor Lockin End date 2Apr 24, 2024May 12, 2024

Financials & KPIs

EPACK Durable IPO P/E ratio is 56.4, as compared to Rashi Peripherals IPO P/E ratio of 11.75.

 EPACK Durable IPORashi Peripherals IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,071.451,464.161,076.68520.37
Total Income616.321,540.25927.34739.66
Profit After Tax2.6531.9717.437.80
NET Worth478.31313.62121.8768.91
Total Borrowing369.57492.45383.98238.56
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,058.642,798.602,669.761,594.39
Total Income5,473.279,468.959,321.925,930.24
Profit After Tax72.02123.34182.51136.35
NET Worth772.74700.12575.07394.19
Reserves and Surplus686.24760.36557.84395.99
Total Borrowing1,395.201,065.76881.74488.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)85.4989.65
Promoter Shareholding (Post-Issue)65.3663.41
P/E Ratio56.411.75
Market Cap₹2203.37 Cr.₹2049.48 Cr.
ROE14.68%19.33%
ROCE11.85%14.21%
Debt/Equity1.581.53
EPS₹4.08₹26.46
RoNW14.68%17.60%

Shares Offered

In the EPACK Durable IPO Retail Individual Investors (RII) are offered 97,39,923 shares while in Rashi Peripherals IPO retail investors are offered 97,39,923 shares. Qualified Institutional Buyers (QIB) are offered 55,65,671 shares in EPACK Durable IPO and 38,58,521 shares in Rashi Peripherals IPO.

 EPACK Durable IPORashi Peripherals IPO
Anchor Investor Reservation83,48,504 shares57,87,780 shares
Market Maker Reservation
QIB55,65,671 shares38,58,521 shares
NII41,74,253 shares28,93,891 shares
RII97,39,923 shares67,52,412 shares
Employee
Others
Total2,78,28,351 shares1,92,92,604 shares

Bids Received (Subscription)

EPACK Durable IPO subscribed 16.79x in total, whereas Rashi Peripherals IPO subscribed 62.95x.

 EPACK Durable IPORashi Peripherals IPO
QIB (times)25.59x151.45x
NII (times)29.07x66.15x
Big NII (times)31.60x74.51x
Small NII (times)21.74x50.38x
RII (times)6.50x11.01x
Employee (times)
Other (times)
Total (times)16.79x62.95x

Compare with others

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EPACK Durable IPO Vs Rashi Peripherals IPO