Comparison between Ratnaveer Precision Engineering IPO and Rishabh Instruments IPO.
Ratnaveer Precision Engineering 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 Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of Ratnaveer Precision Engineering IPO is ₹98.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.
| Ratnaveer Precision Engineering IPO | Rishabh Instruments IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | ₹418.00 per share |
| Issue Price (Upper) | ₹98.00 per share | ₹441.00 per share |
| Issue Price (Final) | ₹98.00 per share | ₹441.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 34 shares |
| Fresh Issue Size | 1,38,00,000 shares | 17,00,680 shares |
| Fresh Issue Size (Amount) | up to ₹135.24 Cr | up to ₹75.00 Cr |
| OFS Issue Size | 30,40,000 shares | 94,28,178 shares |
| OFS Issue Size (Amount) | up to ₹29.79 Cr | up to ₹415.78 Cr |
| Issue Size Total | 1,68,40,000 shares | 1,11,28,858 shares |
| Issue Size Total (Amount) | up to ₹165.03 Cr | up to ₹490.78 Cr |
Ratnaveer Precision Engineering IPO opens on Sep 04, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of Ratnaveer Precision Engineering IPO and Rishabh Instruments IPO is Sep 06, 2023, and Sep 01, 2023, respectively.
| Ratnaveer Precision Engineering IPO | Rishabh Instruments IPO | |
|---|---|---|
| Anchor Bid Date | Sep 01, 2023 | Aug 29, 2023 |
| Issue Open | Sep 04, 2023 | Aug 30, 2023 |
| Issue Close | Sep 06, 2023 | Sep 01, 2023 |
| Basis Of Allotment (Tentative) | Sep 07, 2023 | Sep 06, 2023 |
| Initiation of Refunds (Tentative) | Sep 08, 2023 | Sep 07, 2023 |
| Credit of Share (Tentative) | Sep 08, 2023 | Sep 08, 2023 |
| Listing date (Tentative) | Sep 11, 2023 | Sep 11, 2023 |
| Anchor Lockin End date 1 | Oct 07, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 2 | Dec 06, 2023 | Dec 05, 2023 |
Ratnaveer Precision Engineering IPO P/E ratio is , as compared to Rishabh Instruments IPO P/E ratio of .
| Ratnaveer Precision Engineering IPO | Rishabh Instruments IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.3 | 80.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.48 | 70.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹475.29 Cr. | ₹1674.10 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.12% | 12.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.62% | 13.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.17 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.26 | ₹12.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.12% | 11.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ratnaveer Precision Engineering IPO Retail Individual Investors (RII) are offered 58,94,000 shares while in Rishabh Instruments IPO retail investors are offered 58,94,000 shares. Qualified Institutional Buyers (QIB) are offered 33,68,000 shares in Ratnaveer Precision Engineering IPO and 22,25,772 shares in Rishabh Instruments IPO.
| Ratnaveer Precision Engineering IPO | Rishabh Instruments IPO | |
|---|---|---|
| Anchor Investor Reservation | 50,52,000 shares | 33,38,656 shares |
| Market Maker Reservation | ||
| QIB | 33,68,000 shares | 22,25,772 shares |
| NII | 25,26,000 shares | 16,69,329 shares |
| RII | 58,94,000 shares | 38,95,101 shares |
| Employee | ||
| Others | ||
| Total | 1,68,40,000 shares | 1,11,28,858 shares |
Ratnaveer Precision Engineering IPO subscribed 93.99x in total, whereas Rishabh Instruments IPO subscribed 31.65x.
| Ratnaveer Precision Engineering IPO | Rishabh Instruments IPO | |
|---|---|---|
| QIB (times) | 133.05x | 72.54x |
| NII (times) | 135.21x | 31.29x |
| Big NII (times) | 130.63x | 34.01x |
| Small NII (times) | 144.37x | 25.86x |
| RII (times) | 54.00x | 8.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 93.99x | 31.65x |
