Comparison between Platinum Industries IPO and Rashi Peripherals IPO.
Platinum Industries 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.
The total issue size of Platinum Industries IPO is up to ₹235.32 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Platinum Industries IPO is ₹171.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.
| Platinum Industries IPO | Rashi Peripherals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹162.00 per share | ₹295.00 per share |
| Issue Price (Upper) | ₹171.00 per share | ₹311.00 per share |
| Issue Price (Final) | ₹171.00 per share | ₹311.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 87 shares | 48 shares |
| Fresh Issue Size | 1,37,61,225 shares | 1,92,92,604 shares |
| Fresh Issue Size (Amount) | up to ₹235.32 Cr | up to ₹600.00 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 | 1,37,61,225 shares | 1,92,92,604 shares |
| Issue Size Total (Amount) | up to ₹235.32 Cr | up to ₹600.00 Cr |
Platinum Industries IPO opens on Feb 27, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Platinum Industries IPO and Rashi Peripherals IPO is Feb 29, 2024, and Feb 09, 2024, respectively.
| Platinum Industries IPO | Rashi Peripherals IPO | |
|---|---|---|
| Anchor Bid Date | Feb 26, 2024 | Feb 06, 2024 |
| Issue Open | Feb 27, 2024 | Feb 07, 2024 |
| Issue Close | Feb 29, 2024 | Feb 09, 2024 |
| Basis Of Allotment (Tentative) | Mar 01, 2024 | Feb 12, 2024 |
| Initiation of Refunds (Tentative) | Mar 04, 2024 | Feb 13, 2024 |
| Credit of Share (Tentative) | Mar 04, 2024 | Feb 13, 2024 |
| Listing date (Tentative) | Mar 05, 2024 | Feb 14, 2024 |
| Anchor Lockin End date 1 | Mar 31, 2024 | Mar 13, 2024 |
| Anchor Lockin End date 2 | May 30, 2024 | May 12, 2024 |
Platinum Industries IPO P/E ratio is 18.73, as compared to Rashi Peripherals IPO P/E ratio of 11.75.
| Platinum Industries IPO | Rashi Peripherals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.74 | 89.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.73 | 11.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹939.22 Cr. | ₹2049.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 90.02% | 19.33% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 56.85% | 14.21% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | 1.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.13 | ₹26.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 61.26% | 17.60% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Platinum Industries IPO Retail Individual Investors (RII) are offered 48,16,429 shares while in Rashi Peripherals IPO retail investors are offered 48,16,429 shares. Qualified Institutional Buyers (QIB) are offered 27,52,375 shares in Platinum Industries IPO and 38,58,521 shares in Rashi Peripherals IPO.
| Platinum Industries IPO | Rashi Peripherals IPO | |
|---|---|---|
| Anchor Investor Reservation | 41,28,237 shares | 57,87,780 shares |
| Market Maker Reservation | ||
| QIB | 27,52,375 shares | 38,58,521 shares |
| NII | 20,64,184 shares | 28,93,891 shares |
| RII | 48,16,429 shares | 67,52,412 shares |
| Employee | ||
| Others | ||
| Total | 1,37,61,225 shares | 1,92,92,604 shares |
Platinum Industries IPO subscribed 98.99x in total, whereas Rashi Peripherals IPO subscribed 62.95x.
| Platinum Industries IPO | Rashi Peripherals IPO | |
|---|---|---|
| QIB (times) | 151.00x | 151.45x |
| NII (times) | 141.79x | 66.15x |
| Big NII (times) | 138.46x | 74.51x |
| Small NII (times) | 148.46x | 50.38x |
| RII (times) | 50.92x | 11.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 98.99x | 62.95x |
