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Ideal Technoplast IPO vs Resourceful Automobile IPO

Comparison between Ideal Technoplast IPO and Resourceful Automobile IPO.

IPO Details

Ideal Technoplast IPO is a SME Fixed Price IPO proposed to list at NSE SME while Resourceful Automobile IPO is a SME Fixed Price proposed to list at BSE SME.

 Ideal Technoplast IPOResourceful Automobile IPO
LogoIdeal Technoplast IPO LogoResourceful Automobile IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerSunflower Broking Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ideal Technoplast IPO is up to ₹15.22 Cr whereas the issue size of the Resourceful Automobile IPO is up to ₹11.39 Cr. The final issue price of Ideal Technoplast IPO is ₹121.00 per share and of Resourceful Automobile IPO is ₹117.00 per share.

 Ideal Technoplast IPOResourceful Automobile IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹121.00 per share₹117.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size12,58,000 shares9,73,200 shares
Fresh Issue Size (Amount)up to ₹15.22 Crup to ₹11.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,58,000 shares9,73,200 shares
Issue Size Total (Amount)up to ₹15.22 Crup to ₹11.39 Cr

IPO Timetable

Ideal Technoplast IPO opens on Aug 21, 2024, while Resourceful Automobile IPO opens on Aug 22, 2024. The closing date of Ideal Technoplast IPO and Resourceful Automobile IPO is Aug 23, 2024, and Aug 26, 2024, respectively.

 Ideal Technoplast IPOResourceful Automobile IPO
Anchor Bid Date
Issue OpenAug 21, 2024Aug 22, 2024
Issue CloseAug 23, 2024Aug 26, 2024
Basis Of Allotment (Tentative)Aug 26, 2024Aug 27, 2024
Initiation of Refunds (Tentative)Aug 27, 2024Aug 28, 2024
Credit of Share (Tentative)Aug 27, 2024Aug 28, 2024
Listing date (Tentative)Aug 28, 2024Aug 29, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ideal Technoplast IPO P/E ratio is 12.47, as compared to Resourceful Automobile IPO P/E ratio of 45.99.

 Ideal Technoplast IPOResourceful Automobile IPO
Financials

Ideal Technoplast Industries Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,508.51978356.78300.86
Total Income2,424.111,199.79568.13569.47
Profit After Tax326.6150.6210.539.82
Net Worth743.07188.6137.98127.45
Reserves and Surplus375.5748.95-1.67-12.19
Total Borrowing456.89586.04146.56118.62
Amount in ₹ Lakhs

Resourceful Automobile Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,451.411,000.491,008.58429.46
Total Income1,723.641,938.261,250.11,127.26
Profit After Tax152.2441.528.730.16
Net Worth315.78163.5674.7846.05
Reserves and Surplus152.6766.2724.78-3.95
Total Borrowing992.34747.77673.73269.81
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.5061.41
P/E Ratio12.4745.99
Market Cap₹60.50 Cr.₹31.07 Cr.
ROE43.950.48
ROCE32.9531.22
Debt/Equity
EPS₹9.70₹2.54
RoNW43.950.48

Shares Offered

In the Ideal Technoplast IPO Retail Individual Investors (RII) are offered 6,31,000 shares while in Resourceful Automobile IPO retail investors are offered 6,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Ideal Technoplast IPO and in Resourceful Automobile IPO.

 Ideal Technoplast IPOResourceful Automobile IPO
Anchor Investor Reserveration
Market Maker Reserveration67,000 shares51,600 shares
QIB
NII6,27,000 shares4,75,200 shares
RII6,31,000 shares4,98,000 shares
Employee
Others
Total12,58,000 shares9,73,200 shares

Bids Received (Subscription)

Ideal Technoplast IPO subscribed 116.75x in total, whereas Resourceful Automobile IPO subscribed 418.82x.

 Ideal Technoplast IPOResourceful Automobile IPO
QIB (times)
NII (times)108.49x315.61x
Big NII (times)
Small NII (times)
RII (times)115.57x496.22x
Employee (times)
Other (times)
Total (times)116.75x418.82x