EMS IPO vs Ratnaveer Precision Engineering IPO

Comparison between EMS IPO and Ratnaveer Precision Engineering IPO.

IPO Details

EMS IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of EMS IPO is up to ₹321.25 Cr whereas the issue size of the Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of EMS IPO is ₹211.00 per share and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.

 EMS IPORatnaveer Precision Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹200.00 per share₹93.00 per share
Issue Price (Upper)₹211.00 per share₹98.00 per share
Issue Price (Final)₹211.00 per share₹98.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size70 shares150 shares
Fresh Issue Size69,30,807 shares1,38,00,000 shares
Fresh Issue Size (Amount)up to ₹146.24 Crup to ₹135.24 Cr
OFS Issue Size82,94,118 shares30,40,000 shares
OFS Issue Size (Amount)up to ₹175.01 Crup to ₹29.79 Cr
Issue Size Total1,52,24,925 shares1,68,40,000 shares
Issue Size Total (Amount)up to ₹321.25 Crup to ₹165.03 Cr

IPO Timetable

EMS IPO opens on Sep 08, 2023, while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of EMS IPO and Ratnaveer Precision Engineering IPO is Sep 12, 2023, and Sep 06, 2023, respectively.

 EMS IPORatnaveer Precision Engineering IPO
Anchor Bid DateSep 07, 2023Sep 01, 2023
Issue OpenSep 08, 2023Sep 04, 2023
Issue CloseSep 12, 2023Sep 06, 2023
Basis Of Allotment (Tentative)Sep 15, 2023Sep 07, 2023
Initiation of Refunds (Tentative)Sep 18, 2023Sep 08, 2023
Credit of Share (Tentative)Sep 20, 2023Sep 08, 2023
Listing date (Tentative)Sep 21, 2023Sep 11, 2023
Anchor Lockin End date 1Oct 15, 2023Oct 07, 2023
Anchor Lockin End date 2Dec 14, 2023Dec 06, 2023

Financials & KPIs

EMS IPO P/E ratio is , as compared to Ratnaveer Precision Engineering IPO P/E ratio of .

 EMS IPORatnaveer Precision Engineering IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets638.72502.55378.31308.08
Total Income543.28363.10336.18332.36
Profit After Tax108.6778.9371.9172.43
NET Worth487.83380.18301.91229.99
Reserves and Surplus443.45368.43290.16218.24
Total Borrowing45.403.713.1614.80
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets389.05308.63255.92
Total Income481.14428.47364.05
Profit After Tax25.049.485.46
NET Worth106.0565.9756.58
Reserves and Surplus71.1661.7152.32
Total Borrowing229.99190.73150.76
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.7186.3
Promoter Shareholding (Post-Issue)55.48
P/E Ratio
Market Cap₹1171.70 Cr.₹475.29 Cr.
ROE22.27%29.12%
ROCE28.26%12.62%
Debt/Equity0.092.17
EPS₹23.15₹7.26
RoNW22.31%29.12%

Shares Offered

In the EMS IPO Retail Individual Investors (RII) are offered 53,28,724 shares while in Ratnaveer Precision Engineering IPO retail investors are offered 53,28,724 shares. Qualified Institutional Buyers (QIB) are offered 30,44,986 shares in EMS IPO and 33,68,000 shares in Ratnaveer Precision Engineering IPO.

 EMS IPORatnaveer Precision Engineering IPO
Anchor Investor Reservation45,67,476 shares50,52,000 shares
Market Maker Reservation
QIB30,44,986 shares33,68,000 shares
NII22,83,739 shares25,26,000 shares
RII53,28,724 shares58,94,000 shares
Employee
Others
Total1,52,24,925 shares1,68,40,000 shares

Bids Received (Subscription)

EMS IPO subscribed 76.21x in total, whereas Ratnaveer Precision Engineering IPO subscribed 93.99x.

 EMS IPORatnaveer Precision Engineering IPO
QIB (times)149.98x133.05x
NII (times)84.39x135.21x
Big NII (times)83.15x130.63x
Small NII (times)86.87x144.37x
RII (times)30.55x54.00x
Employee (times)
Other (times)
Total (times)76.21x93.99x

Compare with others

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EMS IPO Vs Ratnaveer Precision Engineering IPO