Comparison between Reetech International Cargo IPO and Swastik Pipe IPO.
IPO Details
Reetech International Cargo IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swastik Pipe IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Reetech International Cargo IPO is up to ₹11.11 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹59.38 Cr. The final issue price of Reetech International Cargo IPO is ₹105.00 per share and of Swastik Pipe IPO is ₹100.00 per share.
| | Reetech International Cargo IPO | Swastik Pipe IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹97.00 per share |
| Issue Price (Upper) | | ₹100.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 5,41,200 shares | 59,37,600 shares |
| Fresh Issue Size (Amount) | up to ₹5.68 Cr | up to ₹59.38 Cr |
| OFS Issue Size | 5,17,200 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹5.43 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,58,400 shares | 59,37,600 shares |
| Issue Size Total (Amount) | up to ₹11.11 Cr | up to ₹59.38 Cr |
IPO Timetable
Reetech International Cargo IPO opens on Sep 27, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Reetech International Cargo IPO and Swastik Pipe IPO is Sep 29, 2022, and Oct 03, 2022, respectively.
| | Reetech International Cargo IPO | Swastik Pipe IPO |
|---|
| Issue Open | Sep 27, 2022 | Sep 29, 2022 |
| Issue Close | Sep 29, 2022 | Oct 03, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 10, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 11, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
Financials & KPIs
Reetech International Cargo IPO P/E ratio is 10.64, as compared to Swastik Pipe IPO P/E ratio of 11.38.
Shares Offered
In the Reetech International Cargo IPO Retail Individual Investors (RII) are offered 5,29,200 shares while in Swastik Pipe IPO retail investors are offered 5,29,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Reetech International Cargo IPO and in Swastik Pipe IPO.
| | Reetech International Cargo IPO | Swastik Pipe IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 56,400 shares | 3,14,400 shares |
| QIB | 0 shares | |
| NII | 5,29,200 shares | 29,68,800 shares |
| RII | 5,29,200 shares | 29,68,800 shares |
| Employee | 0 shares | |
| Total | 10,58,400 shares | 59,37,600 shares |
Bids Received (Subscription)
Reetech International Cargo IPO subscribed 1.67x in total, whereas Swastik Pipe IPO subscribed 1.35x.
