Comparison between Pushpanjali Realms IPO and Riddhi Corporate IPO.
Pushpanjali Realms IPO is a SME Fixed Price IPO proposed to list at NSE SME while Riddhi Corporate IPO is a SME Fixed Price proposed to list at BSE SME.
| Pushpanjali Realms IPO | Riddhi Corporate IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Pushpanjali Realms IPO is up to ₹13.82 Cr whereas the issue size of the Riddhi Corporate IPO is up to ₹11.70 Cr. The final issue price of Pushpanjali Realms IPO is ₹55.00 per share and of Riddhi Corporate IPO is ₹130.00 per share.
| Pushpanjali Realms IPO | Riddhi Corporate IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹55.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 25,12,000 shares | 9,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.82 Cr | up to ₹11.70 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 | 25,12,000 shares | 9,00,000 shares |
| Issue Size Total (Amount) | up to ₹13.82 Cr | up to ₹11.70 Cr |
Pushpanjali Realms IPO opens on Jun 27, 2017, while Riddhi Corporate IPO opens on Jun 12, 2017. The closing date of Pushpanjali Realms IPO and Riddhi Corporate IPO is Jun 30, 2017, and Jun 15, 2017, respectively.
| Pushpanjali Realms IPO | Riddhi Corporate IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 27, 2017 | Jun 12, 2017 |
| Issue Close | Jun 30, 2017 | Jun 15, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 10, 2017 | Jun 22, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Pushpanjali Realms IPO P/E ratio is , as compared to Riddhi Corporate IPO P/E ratio of 16.
| Pushpanjali Realms IPO | Riddhi Corporate IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 16 | |||||
| Market Cap | ₹55.06 Cr. | ₹42.25 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Pushpanjali Realms IPO Retail Individual Investors (RII) are offered 12,56,000 shares while in Riddhi Corporate IPO retail investors are offered 12,56,000 shares. Qualified Institutional Buyers (QIB) are offered in Pushpanjali Realms IPO and in Riddhi Corporate IPO.
| Pushpanjali Realms IPO | Riddhi Corporate IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,34,000 shares | 50,000 shares |
| QIB | ||
| NII | 12,56,000 shares | 4,50,000 shares |
| RII | 12,56,000 shares | 4,50,000 shares |
| Employee | ||
| Others | ||
| Total | 25,12,000 shares | 9,00,000 shares |
Pushpanjali Realms IPO subscribed 1.14x in total, whereas Riddhi Corporate IPO subscribed 2.22x.
| Pushpanjali Realms IPO | Riddhi Corporate IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.35x | 2.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.94x | 1.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.14x | 2.22x |
