Comparison between Olatech Solutions IPO and Rhetan TMT IPO.
IPO Details
Olatech Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rhetan TMT IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Olatech Solutions IPO is up to ₹1.77 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Olatech Solutions IPO is ₹27.00 per share and of Rhetan TMT IPO is ₹70.00 per share.
IPO Timetable
Olatech Solutions IPO opens on Aug 12, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Olatech Solutions IPO and Rhetan TMT IPO is Aug 19, 2022, and Aug 25, 2022, respectively.
| | Olatech Solutions IPO | Rhetan TMT IPO |
|---|
| Issue Open | Aug 12, 2022 | Aug 22, 2022 |
| Issue Close | Aug 19, 2022 | Aug 25, 2022 |
| Basis Of Allotment (Tentative) | Aug 24, 2022 | Aug 30, 2022 |
| Initiation of Refunds (Tentative) | Aug 25, 2022 | Sep 01, 2022 |
| Credit of Share (Tentative) | Aug 26, 2022 | Sep 02, 2022 |
| Listing date (Tentative) | Aug 29, 2022 | Sep 05, 2022 |
Financials & KPIs
Olatech Solutions IPO P/E ratio is 18, as compared to Rhetan TMT IPO P/E ratio of 63.64.
Shares Offered
In the Olatech Solutions IPO Retail Individual Investors (RII) are offered 3,28,000 shares while in Rhetan TMT IPO retail investors are offered 3,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Olatech Solutions IPO and in Rhetan TMT IPO.
| | Olatech Solutions IPO | Rhetan TMT IPO |
|---|
| Market Maker Reservation | 44,000 shares | 4,16,000 shares |
| NII | 3,28,000 shares | 37,92,000 shares |
| RII | 3,28,000 shares | 37,92,000 shares |
| Total | 6,56,000 shares | 75,84,000 shares |
Bids Received (Subscription)
Olatech Solutions IPO subscribed 598.82x in total, whereas Rhetan TMT IPO subscribed 1.47x.
