Rednex Pharmaceuticals IPO vs Simran Agrovet IPO

Comparison between Rednex Pharmaceuticals IPO and Simran Agrovet IPO.

IPO Details

Rednex Pharmaceuticals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Simran Agrovet IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Rednex Pharmaceuticals IPO is up to ₹0.00 Cr whereas the issue size of the Simran Agrovet IPO is up to ₹74.54 Cr. The final issue price of Rednex Pharmaceuticals IPO is and of Simran Agrovet IPO is ₹122.00 per share.

 Rednex Pharmaceuticals IPOSimran Agrovet IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹122.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size27,36,000 shares61,10,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹74.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,36,000 shares61,10,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹74.54 Cr

IPO Timetable

Rednex Pharmaceuticals IPO opens on , while Simran Agrovet IPO opens on . The closing date of Rednex Pharmaceuticals IPO and Simran Agrovet IPO is , and , respectively.

Financials & KPIs

Rednex Pharmaceuticals IPO P/E ratio is , as compared to Simran Agrovet IPO P/E ratio of 13.15.

 Rednex Pharmaceuticals IPOSimran Agrovet IPO
Financials

Company Financials (Restated)

Rednex Pharmaceuticals Ltd.'s revenue increased by 88% and profit after tax (PAT) rose by 120% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets50.1232.7517.10
Total Income46.1224.481.72
Profit After Tax4.261.93-0.93
EBITDA9.214.57-0.69
NET Worth9.475.213.27
Reserves and Surplus5.220.96-0.98
Total Borrowing19.1419.2210.35
Amount in ₹ Crore

Company Financials (Restated)

Simran Agrovet Ltd.'s revenue increased by 53% and profit after tax (PAT) rose by 55% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets138.3086.4534.16
Total Income568.00370.4989.24
Profit After Tax11.137.170.78
EBITDA14.848.40-0.01
NET Worth21.8510.723.55
Reserves and Surplus18.857.720.55
Total Borrowing15.9011.257.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)
P/E Ratio13.15
Market Cap₹224.91 Cr.
ROE58.1050.95
ROCE23.2968.79
Debt/Equity2.02
EPS₹9.28
RoNW45.0250.95

Shares Offered

In the Rednex Pharmaceuticals IPO Retail Individual Investors (RII) are offered 0 shares while in Simran Agrovet IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Rednex Pharmaceuticals IPO and 0 shares in Simran Agrovet IPO.

 Rednex Pharmaceuticals IPOSimran Agrovet IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares3,25,000 shares
QIB0 shares0 shares
NII0 shares30,55,000 shares
RII0 shares30,55,000 shares
Employee0 shares0 shares
Others
Total0 shares61,10,000 shares

Bids Received (Subscription)

Rednex Pharmaceuticals IPO subscribed in total, whereas Simran Agrovet IPO subscribed .

Compare with others

Compare: