Comparison between India Shelter Finance IPO and Rishabh Instruments IPO.
India Shelter Finance 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.
The total issue size of India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.
| India Shelter Finance IPO | Rishabh Instruments IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹469.00 per share | ₹418.00 per share |
| Issue Price (Upper) | ₹493.00 per share | ₹441.00 per share |
| Issue Price (Final) | ₹493.00 per share | ₹441.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 30 shares | 34 shares |
| Fresh Issue Size | 1,62,27,180 shares | 17,00,680 shares |
| Fresh Issue Size (Amount) | up to ₹800.00 Cr | up to ₹75.00 Cr |
| OFS Issue Size | 81,13,588 shares | 94,28,178 shares |
| OFS Issue Size (Amount) | up to ₹400.00 Cr | up to ₹415.78 Cr |
| Issue Size Total | 2,43,40,768 shares | 1,11,28,858 shares |
| Issue Size Total (Amount) | up to ₹1,200.00 Cr | up to ₹490.78 Cr |
India Shelter Finance IPO opens on Dec 13, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of India Shelter Finance IPO and Rishabh Instruments IPO is Dec 15, 2023, and Sep 01, 2023, respectively.
| India Shelter Finance IPO | Rishabh Instruments IPO | |
|---|---|---|
| Anchor Bid Date | Dec 12, 2023 | Aug 29, 2023 |
| Issue Open | Dec 13, 2023 | Aug 30, 2023 |
| Issue Close | Dec 15, 2023 | Sep 01, 2023 |
| Basis Of Allotment (Tentative) | Dec 18, 2023 | Sep 06, 2023 |
| Initiation of Refunds (Tentative) | Dec 19, 2023 | Sep 07, 2023 |
| Credit of Share (Tentative) | Dec 19, 2023 | Sep 08, 2023 |
| Listing date (Tentative) | Dec 20, 2023 | Sep 11, 2023 |
| Anchor Lockin End date 1 | Jan 17, 2024 | Oct 06, 2023 |
| Anchor Lockin End date 2 | Mar 17, 2024 | Dec 05, 2023 |
India Shelter Finance IPO P/E ratio is 28.22, as compared to Rishabh Instruments IPO P/E ratio of .
| India Shelter Finance IPO | Rishabh Instruments IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.75 | 80.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 48.17 | 70.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5277.62 Cr. | ₹1674.10 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.4% | 12.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.77% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.12 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹17.47 | ₹12.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.4% | 11.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the India Shelter Finance IPO Retail Individual Investors (RII) are offered 85,19,269 shares while in Rishabh Instruments IPO retail investors are offered 85,19,269 shares. Qualified Institutional Buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 22,25,772 shares in Rishabh Instruments IPO.
| India Shelter Finance IPO | Rishabh Instruments IPO | |
|---|---|---|
| Anchor Investor Reservation | 73,02,229 shares | 33,38,656 shares |
| Market Maker Reservation | ||
| QIB | 48,68,154 shares | 22,25,772 shares |
| NII | 36,51,116 shares | 16,69,329 shares |
| RII | 85,19,269 shares | 38,95,101 shares |
| Employee | ||
| Others | ||
| Total | 2,43,40,768 shares | 1,11,28,858 shares |
India Shelter Finance IPO subscribed 38.59x in total, whereas Rishabh Instruments IPO subscribed 31.65x.
| India Shelter Finance IPO | Rishabh Instruments IPO | |
|---|---|---|
| QIB (times) | 94.29x | 72.54x |
| NII (times) | 29.97x | 31.29x |
| Big NII (times) | 29.77x | 34.01x |
| Small NII (times) | 30.37x | 25.86x |
| RII (times) | 10.46x | 8.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 38.59x | 31.65x |
