Comparison between Nikita Papers IPO and Ravelcare IPO.
Nikita Papers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ravelcare IPO is a SME Bookbuilding proposed to list at BSE SME.
| Nikita Papers IPO | Ravelcare IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Novus Capital Advisors Private Limited | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Nikita Papers IPO is up to ₹64.15 Cr whereas the issue size of the Ravelcare IPO is up to ₹22.88 Cr. The final issue price of Nikita Papers IPO is ₹104.00 per share and of Ravelcare IPO is ₹130.00 per share.
| Nikita Papers IPO | Ravelcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | ₹123.00 per share |
| Issue Price (Upper) | ₹104.00 per share | ₹130.00 per share |
| Issue Price (Final) | ₹104.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 61,68,000 shares | 17,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹64.15 Cr | up to ₹22.88 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 | 61,68,000 shares | 17,60,000 shares |
| Issue Size Total (Amount) | up to ₹64.15 Cr | up to ₹22.88 Cr |
Nikita Papers IPO opens on May 27, 2025, while Ravelcare IPO opens on Dec 01, 2025. The closing date of Nikita Papers IPO and Ravelcare IPO is May 29, 2025, and Dec 03, 2025, respectively.
| Nikita Papers IPO | Ravelcare IPO | |
|---|---|---|
| Anchor Bid Date | May 26, 2025 | Nov 28, 2025 |
| Issue Open | May 27, 2025 | Dec 01, 2025 |
| Issue Close | May 29, 2025 | Dec 03, 2025 |
| Basis Of Allotment (Tentative) | May 30, 2025 | Dec 04, 2025 |
| Initiation of Refunds (Tentative) | Jun 02, 2025 | Dec 05, 2025 |
| Credit of Share (Tentative) | Jun 02, 2025 | Dec 05, 2025 |
| Listing date (Tentative) | Jun 03, 2025 | Dec 08, 2025 |
| Anchor Lockin End date 1 | Jun 30, 2025 | Jan 03, 2026 |
| Anchor Lockin End date 2 | Aug 28, 2025 | Mar 04, 2026 |
Nikita Papers IPO P/E ratio is 11.39, as compared to Ravelcare IPO P/E ratio of 12.38.
| Nikita Papers IPO | Ravelcare IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Ravelcare Ltd.'s revenue increased by 14% and profit after tax (PAT) rose by 5% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.38 | 99.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.21 | 72.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.39 | 12.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹256.55 Cr. | ₹89.17 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.45% | 68.04% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.71% | 68.32% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.13 | ₹10.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.45% | 50.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nikita Papers IPO Retail Individual Investors (RII) are offered 21,58,800 shares while in Ravelcare IPO retail investors are offered 21,58,800 shares. Qualified Institutional Buyers (QIB) are offered 22,15,200 shares in Nikita Papers IPO and 3,51,000 shares in Ravelcare IPO.
| Nikita Papers IPO | Ravelcare IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,68,800 shares | 5,25,000 shares |
| Market Maker Reservation | 3,26,400 shares | 94,000 shares |
| QIB | 22,15,200 shares | 3,51,000 shares |
| NII | 9,25,200 shares | 2,64,000 shares |
| RII | 21,58,800 shares | 6,20,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 61,68,000 shares | 17,60,000 shares |
Nikita Papers IPO subscribed 1.43x in total, whereas Ravelcare IPO subscribed 437.60x.
| Nikita Papers IPO | Ravelcare IPO | |
|---|---|---|
| QIB (times) | 0.74x | 155.91x |
| NII (times) | 2.11x | 752.16x |
| Big NII (times) | 879.74x | |
| Small NII (times) | 505.50x | |
| RII (times) | 1.84x | 463.13x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.43x | 437.60x |
