Comparison between Baheti Recycling Industries IPO and Rite Zone Chemcon IPO.
Baheti Recycling Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rite Zone Chemcon IPO is a SME Fixed Price proposed to list at NSE SME.
| Baheti Recycling Industries IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Baheti Recycling Industries IPO is up to ₹11.76 Cr whereas the issue size of the Rite Zone Chemcon IPO is up to ₹8.51 Cr. The final issue price of Baheti Recycling Industries IPO is ₹45.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.
| Baheti Recycling Industries IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 26,13,000 shares | 11,34,400 shares |
| Fresh Issue Size (Amount) | up to ₹11.76 Cr | up to ₹8.51 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 26,13,000 shares | 11,34,400 shares |
| Issue Size Total (Amount) | up to ₹11.76 Cr | up to ₹8.51 Cr |
Baheti Recycling Industries IPO opens on Nov 28, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Baheti Recycling Industries IPO and Rite Zone Chemcon IPO is Nov 30, 2022, and Nov 02, 2022, respectively.
| Baheti Recycling Industries IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 28, 2022 | Oct 31, 2022 |
| Issue Close | Nov 30, 2022 | Nov 02, 2022 |
| Basis Of Allotment (Tentative) | Dec 05, 2022 | Nov 07, 2022 |
| Initiation of Refunds (Tentative) | Dec 06, 2022 | Nov 09, 2022 |
| Credit of Share (Tentative) | Dec 07, 2022 | Nov 10, 2022 |
| Listing date (Tentative) | Dec 08, 2022 | Nov 11, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Baheti Recycling Industries IPO P/E ratio is 13.55, as compared to Rite Zone Chemcon IPO P/E ratio of 90.36.
| Baheti Recycling Industries IPO | Rite Zone Chemcon IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 58.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.55 | 90.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹46.66 Cr. | ₹31.73 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Baheti Recycling Industries IPO Retail Individual Investors (RII) are offered 13,08,000 shares while in Rite Zone Chemcon IPO retail investors are offered 13,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Baheti Recycling Industries IPO and in Rite Zone Chemcon IPO.
| Baheti Recycling Industries IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,47,000 shares | 60,800 shares |
| QIB | ||
| NII | 13,05,000 shares | 5,66,400 shares |
| RII | 13,08,000 shares | 5,68,000 shares |
| Employee | ||
| Others | ||
| Total | 26,13,000 shares | 11,34,400 shares |
Baheti Recycling Industries IPO subscribed 347.53x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.
| Baheti Recycling Industries IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 259.21x | 2.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 435.65x | 7.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 347.53x | 4.73x |
