Comparison between Arihant Academy IPO and RBM Infracon IPO.
Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while RBM Infracon IPO is a SME Fixed Price proposed to list at NSE SME.
| Arihant Academy IPO | RBM Infracon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the RBM Infracon IPO is up to ₹7.95 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of RBM Infracon IPO is ₹36.00 per share.
| Arihant Academy IPO | RBM Infracon IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹36.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 15,52,000 shares | 22,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.97 Cr | up to ₹7.95 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 | 15,52,000 shares | 22,08,000 shares |
| Issue Size Total (Amount) | up to ₹13.97 Cr | up to ₹7.95 Cr |
Arihant Academy IPO opens on Dec 16, 2022, while RBM Infracon IPO opens on Dec 23, 2022. The closing date of Arihant Academy IPO and RBM Infracon IPO is Dec 21, 2022, and Dec 27, 2022, respectively.
| Arihant Academy IPO | RBM Infracon IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 16, 2022 | Dec 23, 2022 |
| Issue Close | Dec 21, 2022 | Dec 27, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 30, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Jan 02, 2023 |
| Credit of Share (Tentative) | Dec 28, 2022 | Jan 03, 2023 |
| Listing date (Tentative) | Dec 29, 2022 | Jan 04, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arihant Academy IPO P/E ratio is 19.11, as compared to RBM Infracon IPO P/E ratio of 11.61.
| Arihant Academy IPO | RBM Infracon IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.00 | 72.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.11 | 11.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.50 Cr. | ₹30.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 51.46 | 34.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 66.27 | 19.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 2.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2018.61 | ₹3.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.98 | 29.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in RBM Infracon IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in RBM Infracon IPO.
| Arihant Academy IPO | RBM Infracon IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 83,200 shares | 1,17,000 shares |
| QIB | ||
| NII | 7,76,000 shares | 11,04,000 shares |
| RII | 7,76,000 shares | 11,04,000 shares |
| Employee | ||
| Others | ||
| Total | 15,52,000 shares | 22,08,000 shares |
Arihant Academy IPO subscribed 235.87x in total, whereas RBM Infracon IPO subscribed 40.32x.
| Arihant Academy IPO | RBM Infracon IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 242.89x | 46.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.85x | 34.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 235.87x | 40.32x |
