Comparison between Narayani Steels IPO and Riddhi Steel IPO.
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 IPO | Riddhi Steel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Rikhav Securities Ltd. | Guiness Securities 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 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 IPO | Riddhi 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 Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 34,12,000 shares | 22,14,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.92 Cr | up to ₹8.41 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 | 34,12,000 shares | 22,14,000 shares |
| Issue Size Total (Amount) | up to ₹10.92 Cr | up to ₹8.41 Cr |
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 IPO | Riddhi Steel IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 01, 2016 | Sep 02, 2016 |
| Issue Close | Sep 06, 2016 | Sep 07, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 14, 2016 | Sep 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Narayani Steels IPO P/E ratio is , as compared to Riddhi Steel IPO P/E ratio of .
| Narayani Steels IPO | Riddhi Steel IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹34.91 Cr. | ₹31.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Riddhi Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,88,000 shares | 1,26,000 shares |
| QIB | ||
| NII | 17,04,000 shares | 11,07,000 shares |
| RII | 17,08,000 shares | 11,07,000 shares |
| Employee | ||
| Others | ||
| Total | 34,12,000 shares | 22,14,000 shares |
Narayani Steels IPO subscribed 1.46x in total, whereas Riddhi Steel IPO subscribed 2.25x.
| Narayani Steels IPO | Riddhi Steel IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.72x | 2.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.20x | 1.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.46x | 2.25x |
