Comparison between Rhetan TMT IPO and Upsurge Seeds of Agriculture IPO.
IPO Details
Rhetan TMT IPO is a SME Fixed Price IPO proposed to list at BSE SME while Upsurge Seeds of Agriculture IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Rhetan TMT IPO is up to ₹53.09 Cr whereas the issue size of the Upsurge Seeds of Agriculture IPO is up to ₹21.66 Cr. The final issue price of Rhetan TMT IPO is ₹70.00 per share and of Upsurge Seeds of Agriculture IPO is ₹120.00 per share.
IPO Timetable
Rhetan TMT IPO opens on Aug 22, 2022, while Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022. The closing date of Rhetan TMT IPO and Upsurge Seeds of Agriculture IPO is Aug 25, 2022, and Aug 02, 2022, respectively.
| | Rhetan TMT IPO | Upsurge Seeds of Agriculture IPO |
|---|
| Issue Open | Aug 22, 2022 | Jul 29, 2022 |
| Issue Close | Aug 25, 2022 | Aug 02, 2022 |
| Basis Of Allotment (Tentative) | Aug 30, 2022 | Aug 05, 2022 |
| Initiation of Refunds (Tentative) | Sep 01, 2022 | Aug 08, 2022 |
| Credit of Share (Tentative) | Sep 02, 2022 | Aug 10, 2022 |
| Listing date (Tentative) | Sep 05, 2022 | Aug 11, 2022 |
Financials & KPIs
Rhetan TMT IPO P/E ratio is 63.64, as compared to Upsurge Seeds of Agriculture IPO P/E ratio of 21.35.
Shares Offered
In the Rhetan TMT IPO Retail Individual Investors (RII) are offered 37,92,000 shares while in Upsurge Seeds of Agriculture IPO retail investors are offered 37,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Rhetan TMT IPO and in Upsurge Seeds of Agriculture IPO.
| | Rhetan TMT IPO | Upsurge Seeds of Agriculture IPO |
|---|
| Market Maker Reservation | 4,16,000 shares | 96,000 shares |
| NII | 37,92,000 shares | 9,02,400 shares |
| RII | 37,92,000 shares | 9,02,400 shares |
| Total | 75,84,000 shares | 18,04,800 shares |
Bids Received (Subscription)
Rhetan TMT IPO subscribed 1.47x in total, whereas Upsurge Seeds of Agriculture IPO subscribed 80.50x.
