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Rexpro Enterprises IPO vs Rikhav Securities IPO

Comparison between Rexpro Enterprises IPO and Rikhav Securities IPO.

IPO Details

Rexpro Enterprises IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rikhav Securities IPO is a SME Bookbuilding proposed to list at BSE SME.

 Rexpro Enterprises IPORikhav Securities IPO
LogoRexpro Enterprises IPO LogoRikhav Securities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.Smart Horizon Capital Advisors Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Rexpro Enterprises IPO is up to ₹50.95 Cr whereas the issue size of the Rikhav Securities IPO is up to ₹84.31 Cr. The final issue price of Rexpro Enterprises IPO is ₹145.00 per share and of Rikhav Securities IPO is ₹86.00 per share.

 Rexpro Enterprises IPORikhav Securities IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹82.00 per share
Issue Price (Upper)₹86.00 per share
Issue Price (Final)₹145.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1000 shares1600 shares
Fresh Issue Size30,64,000 shares78,03,200 shares
Fresh Issue Size (Amount)up to ₹44.43 Crup to ₹67.11 Cr
OFS Issue Size4,50,000 shares20,00,000 shares
OFS Issue Size (Amount)up to ₹6.53 Crup to ₹17.20 Cr
Issue Size Total35,14,000 shares98,03,200 shares
Issue Size Total (Amount)up to ₹50.95 Crup to ₹84.31 Cr

IPO Timetable

Rexpro Enterprises IPO opens on Jan 22, 2025, while Rikhav Securities IPO opens on Jan 15, 2025. The closing date of Rexpro Enterprises IPO and Rikhav Securities IPO is Jan 24, 2025, and Jan 17, 2025, respectively.

 Rexpro Enterprises IPORikhav Securities IPO
Anchor Bid DateJan 14, 2025
Issue OpenJan 22, 2025Jan 15, 2025
Issue CloseJan 24, 2025Jan 17, 2025
Basis Of Allotment (Tentative)Jan 27, 2025Jan 20, 2025
Initiation of Refunds (Tentative)Jan 28, 2025Jan 21, 2025
Credit of Share (Tentative)Jan 28, 2025Jan 21, 2025
Listing date (Tentative)Jan 29, 2025Jan 22, 2025
Anchor Lockin End date 1Feb 19, 2025
Anchor Lockin End date 2Apr 20, 2025

Financials & KPIs

Rexpro Enterprises IPO P/E ratio is 25.49, as compared to Rikhav Securities IPO P/E ratio of 6.04.

 Rexpro Enterprises IPORikhav Securities IPO
Financials

Rexpro Enterprises Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets50.5439.9527.87
Total Income49.5683.0162.89
Profit After Tax4.085.180.63
Net Worth13.089.224.69
Reserves and Surplus5.128.964.43
Amount in ₹ Crore

Rikhav Securities Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets33,791.4930,206.8218,772.0118,070.69
Total Income9,615.8311,134.265,452.434,298.31
Profit After Tax5,037.324,264.631,910.271,762.47
Net Worth18,845.0613,807.749,496.217,585.94
Reserves and Surplus17,346.8612,309.547,998.017,086.54
Total Borrowing2,598.064,806.11994.271,506.12
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10090.55
Promoter Shareholding (Post-Issue)66.9965.63
P/E Ratio25.496.04
Market Cap₹162.49 Cr.₹329.31 Cr.
ROE56.24%36.60%
ROCE62.21%29.48%
Debt/Equity0.650.35
EPS₹5.69₹14.23
RoNW56.24%30.89%

Shares Offered

In the Rexpro Enterprises IPO Retail Individual Investors (RII) are offered 26,97,000 shares while in Rikhav Securities IPO retail investors are offered 26,97,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Rexpro Enterprises IPO and 19,55,200 shares in Rikhav Securities IPO.

 Rexpro Enterprises IPORikhav Securities IPO
Anchor Investor Reserveration0 shares29,20,000 shares
Market Maker Reserveration1,86,000 shares5,24,800 shares
QIB0 shares19,55,200 shares
NII8,17,000 shares14,80,000 shares
RII26,97,000 shares34,48,000 shares
Employee0 shares0 shares
Others
Total35,14,000 shares98,03,200 shares

Bids Received (Subscription)

Rexpro Enterprises IPO subscribed 17.67x in total, whereas Rikhav Securities IPO subscribed 307.00x.

 Rexpro Enterprises IPORikhav Securities IPO
QIB (times)170.92x
NII (times)8.22x616.42x
Big NII (times)
Small NII (times)
RII (times)27.12x251.36x
Employee (times)
Other (times)
Total (times)17.67x307.00x