Ratnaveer Precision Engineering IPO vs TVS Supply Chain Solutions IPO

Comparison between Ratnaveer Precision Engineering IPO and TVS Supply Chain Solutions IPO.

IPO Details

Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TVS Supply Chain Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr whereas the issue size of the TVS Supply Chain Solutions IPO is up to ₹880.00 Cr. The final issue price of Ratnaveer Precision Engineering IPO is ₹98.00 per share and of TVS Supply Chain Solutions IPO is ₹197.00 per share.

 Ratnaveer Precision Engineering IPOTVS Supply Chain Solutions IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹93.00 per share₹187.00 per share
Issue Price (Upper)₹98.00 per share₹197.00 per share
Issue Price (Final)₹98.00 per share₹197.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size150 shares76 shares
Fresh Issue Size1,38,00,000 shares3,04,56,852 shares
Fresh Issue Size (Amount)up to ₹135.24 Crup to ₹600.00 Cr
OFS Issue Size30,40,000 shares1,42,13,198 shares
OFS Issue Size (Amount)up to ₹29.79 Crup to ₹280.00 Cr
Issue Size Total1,68,40,000 shares4,46,70,050 shares
Issue Size Total (Amount)up to ₹165.03 Crup to ₹880.00 Cr

IPO Timetable

Ratnaveer Precision Engineering IPO opens on Sep 04, 2023, while TVS Supply Chain Solutions IPO opens on Aug 10, 2023. The closing date of Ratnaveer Precision Engineering IPO and TVS Supply Chain Solutions IPO is Sep 06, 2023, and Aug 14, 2023, respectively.

 Ratnaveer Precision Engineering IPOTVS Supply Chain Solutions IPO
Anchor Bid DateSep 01, 2023Aug 09, 2023
Issue OpenSep 04, 2023Aug 10, 2023
Issue CloseSep 06, 2023Aug 14, 2023
Basis Of Allotment (Tentative)Sep 07, 2023Aug 18, 2023
Initiation of Refunds (Tentative)Sep 08, 2023Aug 21, 2023
Credit of Share (Tentative)Sep 08, 2023Aug 22, 2023
Listing date (Tentative)Sep 11, 2023Aug 23, 2023
Anchor Lockin End date 1Oct 07, 2023Sep 17, 2023
Anchor Lockin End date 2Dec 06, 2023Nov 16, 2023

Financials & KPIs

Ratnaveer Precision Engineering IPO P/E ratio is , as compared to TVS Supply Chain Solutions IPO P/E ratio of 189.42.

 Ratnaveer Precision Engineering IPOTVS Supply Chain Solutions IPO
Financials

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

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets6,210.925,789.734,990.065,462.92
Total Income10,311.019,299.946,999.696,792.76
Profit After Tax41.76-45.80-76.34-248.00
NET Worth723.55714.00490.69510.80
Reserves and Surplus774.19713.76473.94493.35
Total Borrowing1,989.621,763.781,547.922,160.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.346.65
Promoter Shareholding (Post-Issue)55.4841.6
P/E Ratio189.42
Market Cap₹475.29 Cr.₹8746.00 Cr.
ROE29.12%5.50%
ROCE12.62%7.64%
Debt/Equity2.17
EPS₹7.26₹1.04
RoNW29.12%5.50%

Shares Offered

In the Ratnaveer Precision Engineering IPO Retail Individual Investors (RII) are offered 58,94,000 shares while in TVS Supply Chain Solutions IPO retail investors are offered 58,94,000 shares. Qualified Institutional Buyers (QIB) are offered 33,68,000 shares in Ratnaveer Precision Engineering IPO and 1,34,01,016 shares in TVS Supply Chain Solutions IPO.

 Ratnaveer Precision Engineering IPOTVS Supply Chain Solutions IPO
Anchor Investor Reservation50,52,000 shares2,01,01,522 shares
Market Maker Reservation
QIB33,68,000 shares1,34,01,016 shares
NII25,26,000 shares67,00,507 shares
RII58,94,000 shares44,67,005 shares
Employee
Others
Total1,68,40,000 shares4,46,70,050 shares

Bids Received (Subscription)

Ratnaveer Precision Engineering IPO subscribed 93.99x in total, whereas TVS Supply Chain Solutions IPO subscribed 2.85x.

 Ratnaveer Precision Engineering IPOTVS Supply Chain Solutions IPO
QIB (times)133.05x1.37x
NII (times)135.21x2.44x
Big NII (times)130.63x2.39x
Small NII (times)144.37x2.55x
RII (times)54.00x7.89x
Employee (times)
Other (times)
Total (times)93.99x2.85x

Compare with others

Compare: