Comparison between Quality RO Industries IPO and Richa Info Systems IPO.
Quality RO Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Richa Info Systems IPO is a SME Fixed Price proposed to list at NSE SME.
| Quality RO Industries IPO | Richa Info Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Swastika Investmart Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Quality RO Industries IPO is up to ₹2.55 Cr whereas the issue size of the Richa Info Systems IPO is up to ₹9.50 Cr. The final issue price of Quality RO Industries IPO is ₹51.00 per share and of Richa Info Systems IPO is ₹125.00 per share.
| Quality RO Industries IPO | Richa Info Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹51.00 per share | ₹125.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 5,00,000 shares | 7,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.55 Cr | up to ₹9.50 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 5,00,000 shares | 7,60,000 shares |
| Issue Size Total (Amount) | up to ₹2.55 Cr | up to ₹9.50 Cr |
Quality RO Industries IPO opens on Jan 27, 2022, while Richa Info Systems IPO opens on Feb 09, 2022. The closing date of Quality RO Industries IPO and Richa Info Systems IPO is Feb 01, 2022, and Feb 11, 2022, respectively.
| Quality RO Industries IPO | Richa Info Systems IPO | |
|---|---|---|
| Issue Open | Jan 27, 2022 | Feb 09, 2022 |
| Issue Close | Feb 01, 2022 | Feb 11, 2022 |
| Basis Of Allotment (Tentative) | Feb 04, 2022 | Feb 16, 2022 |
| Initiation of Refunds (Tentative) | Feb 07, 2022 | Feb 17, 2022 |
| Credit of Share (Tentative) | Feb 08, 2022 | Feb 17, 2022 |
| Listing date (Tentative) | Feb 09, 2022 | Feb 21, 2022 |
Quality RO Industries IPO P/E ratio is 113, as compared to Richa Info Systems IPO P/E ratio of 41.67.
| Quality RO Industries IPO | Richa Info Systems IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 84% | 99.99% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.93% | 67.07% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 113 | 41.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹9.84 Cr. | ₹30.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Quality RO Industries IPO Retail Individual Investors (RII) are offered 2,50,000 shares while in Richa Info Systems IPO retail investors are offered 2,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Quality RO Industries IPO and 0 shares in Richa Info Systems IPO.
| Quality RO Industries IPO | Richa Info Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 30,000 shares | 40,000 shares |
| QIB | 0 shares | |
| NII | 2,50,000 shares | 3,80,000 shares |
| RII | 2,50,000 shares | 3,80,000 shares |
| Employee | 0 shares | |
| Total | 5,00,000 shares | 7,60,000 shares |
Quality RO Industries IPO subscribed 7.26x in total, whereas Richa Info Systems IPO subscribed 5.05x.
| Quality RO Industries IPO | Richa Info Systems IPO | |
|---|---|---|
| NII (times) | 4.46x | 3.16x |
| RII (times) | 10.06x | 6.94x |
| Total (times) | 7.26x | 5.05x |
