Comparison between RBM Infracon IPO and Rex Sealing IPO.
IPO Details
RBM Infracon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rex Sealing IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of RBM Infracon IPO is up to ₹7.95 Cr whereas the issue size of the Rex Sealing IPO is up to ₹7.64 Cr. The final issue price of RBM Infracon IPO is ₹36.00 per share and of Rex Sealing IPO is ₹135.00 per share.
| | RBM Infracon IPO | Rex Sealing IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹36.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 22,08,000 shares | 2,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.95 Cr | up to ₹3.60 Cr |
| OFS Issue Size | 0 shares | 2,99,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.04 Cr |
| Issue Size Total | 22,08,000 shares | 5,66,000 shares |
| Issue Size Total (Amount) | up to ₹7.95 Cr | up to ₹7.64 Cr |
IPO Timetable
RBM Infracon IPO opens on Dec 23, 2022, while Rex Sealing IPO opens on Dec 30, 2022. The closing date of RBM Infracon IPO and Rex Sealing IPO is Dec 27, 2022, and Jan 04, 2023, respectively.
| | RBM Infracon IPO | Rex Sealing IPO |
|---|
| Issue Open | Dec 23, 2022 | Dec 30, 2022 |
| Issue Close | Dec 27, 2022 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Dec 30, 2022 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Jan 02, 2023 | Jan 10, 2023 |
| Credit of Share (Tentative) | Jan 03, 2023 | Jan 11, 2023 |
| Listing date (Tentative) | Jan 04, 2023 | Jan 12, 2023 |
Financials & KPIs
RBM Infracon IPO P/E ratio is 11.61, as compared to Rex Sealing IPO P/E ratio of 19.62.
Shares Offered
In the RBM Infracon IPO Retail Individual Investors (RII) are offered 11,04,000 shares while in Rex Sealing IPO retail investors are offered 11,04,000 shares. Qualified Institutional Buyers (QIB) are offered in RBM Infracon IPO and 0 shares in Rex Sealing IPO.
| | RBM Infracon IPO | Rex Sealing IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,17,000 shares | 33,000 shares |
| QIB | | 0 shares |
| NII | 11,04,000 shares | 2,83,000 shares |
| RII | 11,04,000 shares | 2,83,000 shares |
| Employee | | 0 shares |
| Total | 22,08,000 shares | 5,66,000 shares |
Bids Received (Subscription)
RBM Infracon IPO subscribed 40.32x in total, whereas Rex Sealing IPO subscribed 2.65x.
