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Narayani Steels IPO vs Riddhi Steel IPO

Comparison between Narayani Steels IPO and Riddhi Steel IPO.

IPO Details

Narayani Steels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Riddhi Steel IPO is a SME Fixed Price proposed to list at BSE SME.

 Narayani Steels IPORiddhi Steel IPO
LogoNarayani Steels IPO LogoRiddhi Steel IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerRikhav Securities Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Narayani Steels IPO is up to ₹10.92 Cr whereas the issue size of the Riddhi Steel IPO is up to ₹8.41 Cr. The final issue price of Narayani Steels IPO is ₹32.00 per share and of Riddhi Steel IPO is ₹38.00 per share.

 Narayani Steels IPORiddhi Steel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹32.00 per share₹38.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares3000 shares
Fresh Issue Size34,12,000 shares22,14,000 shares
Fresh Issue Size (Amount)up to ₹10.92 Crup to ₹8.41 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,12,000 shares22,14,000 shares
Issue Size Total (Amount)up to ₹10.92 Crup to ₹8.41 Cr

IPO Timetable

Narayani Steels IPO opens on Sep 01, 2016, while Riddhi Steel IPO opens on Sep 02, 2016. The closing date of Narayani Steels IPO and Riddhi Steel IPO is Sep 06, 2016, and Sep 07, 2016, respectively.

 Narayani Steels IPORiddhi Steel IPO
Anchor Bid Date
Issue OpenSep 01, 2016Sep 02, 2016
Issue CloseSep 06, 2016Sep 07, 2016
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Sep 14, 2016Sep 14, 2016
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Narayani Steels IPO P/E ratio is , as compared to Riddhi Steel IPO P/E ratio of .

 Narayani Steels IPORiddhi Steel IPO
Financials
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Narayani Steels IPO Retail Individual Investors (RII) are offered 17,08,000 shares while in Riddhi Steel IPO retail investors are offered 17,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Narayani Steels IPO and in Riddhi Steel IPO.

 Narayani Steels IPORiddhi Steel IPO
Anchor Investor Reserveration
Market Maker Reserveration1,88,000 shares1,26,000 shares
QIB
NII17,04,000 shares11,07,000 shares
RII17,08,000 shares11,07,000 shares
Employee
Others
Total34,12,000 shares22,14,000 shares

Bids Received (Subscription)

Narayani Steels IPO subscribed in total, whereas Riddhi Steel IPO subscribed .

 Narayani Steels IPORiddhi Steel IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)