EMS IPO vs Rishabh Instruments IPO

Comparison between EMS IPO and Rishabh Instruments IPO.

IPO Details

EMS IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rishabh Instruments IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of EMS IPO is up to ₹321.25 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of EMS IPO is ₹211.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.

 EMS IPORishabh Instruments IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹200.00 per share₹418.00 per share
Issue Price (Upper)₹211.00 per share₹441.00 per share
Issue Price (Final)₹211.00 per share₹441.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size70 shares34 shares
Fresh Issue Size69,30,807 shares17,00,680 shares
Fresh Issue Size (Amount)up to ₹146.24 Crup to ₹75.00 Cr
OFS Issue Size82,94,118 shares94,28,178 shares
OFS Issue Size (Amount)up to ₹175.01 Crup to ₹415.78 Cr
Issue Size Total1,52,24,925 shares1,11,28,858 shares
Issue Size Total (Amount)up to ₹321.25 Crup to ₹490.78 Cr

IPO Timetable

EMS IPO opens on Sep 08, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of EMS IPO and Rishabh Instruments IPO is Sep 12, 2023, and Sep 01, 2023, respectively.

 EMS IPORishabh Instruments IPO
Anchor Bid DateSep 07, 2023Aug 29, 2023
Issue OpenSep 08, 2023Aug 30, 2023
Issue CloseSep 12, 2023Sep 01, 2023
Basis Of Allotment (Tentative)Sep 15, 2023Sep 06, 2023
Initiation of Refunds (Tentative)Sep 18, 2023Sep 07, 2023
Credit of Share (Tentative)Sep 20, 2023Sep 08, 2023
Listing date (Tentative)Sep 21, 2023Sep 11, 2023
Anchor Lockin End date 1Oct 15, 2023Oct 06, 2023
Anchor Lockin End date 2Dec 14, 2023Dec 05, 2023

Financials & KPIs

EMS IPO P/E ratio is , as compared to Rishabh Instruments IPO P/E ratio of .

 EMS IPORishabh Instruments IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets638.72502.55378.31308.08
Total Income543.28363.10336.18332.36
Profit After Tax108.6778.9371.9172.43
NET Worth487.83380.18301.91229.99
Reserves and Surplus443.45368.43290.16218.24
Total Borrowing45.403.713.1614.80
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets648.93563.89511.97
Total Income579.78479.92402.49
Profit After Tax49.6949.6535.94
NET Worth408.75346.10302.13
Total Borrowing102.8596.5791.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.7180.67
Promoter Shareholding (Post-Issue)70.68
P/E Ratio
Market Cap₹1171.70 Cr.₹1674.10 Cr.
ROE22.27%12.39%
ROCE28.26%13.77%
Debt/Equity0.090.26
EPS₹23.15₹12.84
RoNW22.31%11.67%

Shares Offered

In the EMS IPO Retail Individual Investors (RII) are offered 53,28,724 shares while in Rishabh Instruments IPO retail investors are offered 53,28,724 shares. Qualified Institutional Buyers (QIB) are offered 30,44,986 shares in EMS IPO and 22,25,772 shares in Rishabh Instruments IPO.

 EMS IPORishabh Instruments IPO
Anchor Investor Reservation45,67,476 shares33,38,656 shares
Market Maker Reservation
QIB30,44,986 shares22,25,772 shares
NII22,83,739 shares16,69,329 shares
RII53,28,724 shares38,95,101 shares
Employee
Others
Total1,52,24,925 shares1,11,28,858 shares

Bids Received (Subscription)

EMS IPO subscribed 76.21x in total, whereas Rishabh Instruments IPO subscribed 31.65x.

 EMS IPORishabh Instruments IPO
QIB (times)149.98x72.54x
NII (times)84.39x31.29x
Big NII (times)83.15x34.01x
Small NII (times)86.87x25.86x
RII (times)30.55x8.44x
Employee (times)
Other (times)
Total (times)76.21x31.65x

Compare with others

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EMS IPO Vs Rishabh Instruments IPO