R R Kabel IPO vs Rishabh Instruments IPO

Comparison between R R Kabel IPO and Rishabh Instruments IPO.

IPO Details

R R Kabel 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 R R Kabel IPO is up to ₹1,964.01 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of R R Kabel IPO is ₹1,035.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.

 R R Kabel IPORishabh Instruments IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹983.00 per share₹418.00 per share
Issue Price (Upper)₹1,035.00 per share₹441.00 per share
Issue Price (Final)₹1,035.00 per share₹441.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹98.00 per share
Market Lot Size14 shares34 shares
Fresh Issue Size17,50,031 shares17,00,680 shares
Fresh Issue Size (Amount)up to ₹181.03 Crup to ₹75.00 Cr
OFS Issue Size1,72,36,682 shares94,28,178 shares
OFS Issue Size (Amount)up to ₹1,782.98 Crup to ₹415.78 Cr
Issue Size Total1,89,86,713 shares1,11,28,858 shares
Issue Size Total (Amount)up to ₹1,964.01 Crup to ₹490.78 Cr

IPO Timetable

R R Kabel IPO opens on Sep 13, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of R R Kabel IPO and Rishabh Instruments IPO is Sep 15, 2023, and Sep 01, 2023, respectively.

 R R Kabel IPORishabh Instruments IPO
Anchor Bid DateSep 12, 2023Aug 29, 2023
Issue OpenSep 13, 2023Aug 30, 2023
Issue CloseSep 15, 2023Sep 01, 2023
Basis Of Allotment (Tentative)Sep 21, 2023Sep 06, 2023
Initiation of Refunds (Tentative)Sep 22, 2023Sep 07, 2023
Credit of Share (Tentative)Sep 25, 2023Sep 08, 2023
Listing date (Tentative)Sep 20, 2023Sep 11, 2023
Anchor Lockin End date 1Oct 21, 2023Oct 06, 2023
Anchor Lockin End date 2Dec 20, 2023Dec 05, 2023

Financials & KPIs

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

 R R Kabel IPORishabh Instruments IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets2,633.622,050.641,715.111,545.36
Total Income5,633.644,432.222,745.942,505.54
Profit After Tax189.87213.94135.40122.40
NET Worth1,390.471,237.051,033.38875.07
Reserves and Surplus914.15781.31594.93459.23
Total Borrowing515.84521.11498.71395.29
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)66.4280.67
Promoter Shareholding (Post-Issue)62.7770.68
P/E Ratio
Market Cap₹11675.63 Cr.₹1674.10 Cr.
ROE14.22%12.39%
ROCE15.57%13.77%
Debt/Equity0.360.26
EPS₹17.09₹12.84
RoNW13.66%11.67%

Shares Offered

In the R R Kabel IPO Retail Individual Investors (RII) are offered 66,05,057 shares while in Rishabh Instruments IPO retail investors are offered 66,05,057 shares. Qualified Institutional Buyers (QIB) are offered 37,77,593 shares in R R Kabel IPO and 22,25,772 shares in Rishabh Instruments IPO.

 R R Kabel IPORishabh Instruments IPO
Anchor Investor Reservation56,58,201 shares33,38,656 shares
Market Maker Reservation
QIB37,77,593 shares22,25,772 shares
NII28,30,739 shares16,69,329 shares
RII66,05,057 shares38,95,101 shares
Employee1,15,261 shares
Others
Total1,89,86,851 shares1,11,28,858 shares

Bids Received (Subscription)

R R Kabel IPO subscribed 18.69x in total, whereas Rishabh Instruments IPO subscribed 31.65x.

 R R Kabel IPORishabh Instruments IPO
QIB (times)52.26x72.54x
NII (times)13.23x31.29x
Big NII (times)15.68x34.01x
Small NII (times)8.33x25.86x
RII (times)2.13x8.44x
Employee (times)2.69x
Other (times)
Total (times)18.69x31.65x

Compare with others

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R R Kabel IPO Vs Rishabh Instruments IPO