Comparison between P S Raj Steels IPO and Readymix Construction Machinery IPO.
P S Raj Steels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Readymix Construction Machinery IPO is a SME Bookbuilding proposed to list at NSE SME.
| P S Raj Steels IPO | Readymix Construction Machinery IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khambatta Securities Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of P S Raj Steels IPO is up to ₹26.87 Cr whereas the issue size of the Readymix Construction Machinery IPO is up to ₹35.77 Cr. The final issue price of P S Raj Steels IPO is ₹140.00 per share and of Readymix Construction Machinery IPO is ₹123.00 per share.
| P S Raj Steels IPO | Readymix Construction Machinery IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹132.00 per share | ₹121.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹123.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹123.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1000 shares |
| Fresh Issue Size | 19,19,000 shares | 29,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹35.77 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 | 19,19,000 shares | 29,08,000 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹35.77 Cr |
P S Raj Steels IPO opens on Feb 12, 2025, while Readymix Construction Machinery IPO opens on Feb 06, 2025. The closing date of P S Raj Steels IPO and Readymix Construction Machinery IPO is Feb 14, 2025, and Feb 10, 2025, respectively.
| P S Raj Steels IPO | Readymix Construction Machinery IPO | |
|---|---|---|
| Anchor Bid Date | Feb 11, 2025 | Feb 05, 2025 |
| Issue Open | Feb 12, 2025 | Feb 06, 2025 |
| Issue Close | Feb 14, 2025 | Feb 10, 2025 |
| Basis Of Allotment (Tentative) | Feb 17, 2025 | Feb 11, 2025 |
| Initiation of Refunds (Tentative) | Feb 18, 2025 | Feb 12, 2025 |
| Credit of Share (Tentative) | Feb 18, 2025 | Feb 12, 2025 |
| Listing date (Tentative) | Feb 19, 2025 | Feb 13, 2025 |
| Anchor Lockin End date 1 | Mar 19, 2025 | Mar 13, 2025 |
| Anchor Lockin End date 2 | May 18, 2025 | May 12, 2025 |
P S Raj Steels IPO P/E ratio is 12.14, as compared to Readymix Construction Machinery IPO P/E ratio of 10.46.
| P S Raj Steels IPO | Readymix Construction Machinery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | PS Raj Steels Limited Financial Information (Restated)
| Readymix Construction Machinery Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.20 | 72.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.14 | 10.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.54 Cr. | ₹134.79 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.79% | 65.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.64% | 48.96% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.58 | 0.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.53 | ₹11.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.79% | 49.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the P S Raj Steels IPO Retail Individual Investors (RII) are offered 6,65,000 shares while in Readymix Construction Machinery IPO retail investors are offered 6,65,000 shares. Qualified Institutional Buyers (QIB) are offered 3,80,000 shares in P S Raj Steels IPO and 5,82,000 shares in Readymix Construction Machinery IPO.
| P S Raj Steels IPO | Readymix Construction Machinery IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,69,000 shares | 8,71,000 shares |
| Market Maker Reserveration | 1,01,000 shares | 1,54,000 shares |
| QIB | 3,80,000 shares | 5,82,000 shares |
| NII | 2,85,000 shares | 4,37,000 shares |
| RII | 6,65,000 shares | 10,18,000 shares |
| Employee | 20,000 shares | 0 shares |
| Others | ||
| Total | 19,19,000 shares | 29,08,000 shares |
P S Raj Steels IPO subscribed 9.82x in total, whereas Readymix Construction Machinery IPO subscribed 4.61x.
| P S Raj Steels IPO | Readymix Construction Machinery IPO | |
|---|---|---|
| QIB (times) | 1.21x | 5.10x |
| NII (times) | 21.39x | 4.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.04x | 4.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.82x | 4.61x |
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