Jhandewalas Foods IPO vs Rithwik Facility IPO

Comparison between Jhandewalas Foods IPO and Rithwik Facility IPO.

IPO Details

Jhandewalas Foods IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rithwik Facility IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Jhandewalas Foods IPO is up to ₹15.18 Cr whereas the issue size of the Rithwik Facility IPO is up to ₹3.84 Cr. The final issue price of Jhandewalas Foods IPO is ₹55.00 per share and of Rithwik Facility IPO is ₹50.00 per share.

 Jhandewalas Foods IPORithwik Facility IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹55.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size27,60,000 shares7,68,000 shares
Fresh Issue Size (Amount)up to ₹15.18 Crup to ₹3.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,60,000 shares7,68,000 shares
Issue Size Total (Amount)up to ₹15.18 Crup to ₹3.84 Cr

IPO Timetable

Jhandewalas Foods IPO opens on Dec 29, 2017, while Rithwik Facility IPO opens on Dec 29, 2017. The closing date of Jhandewalas Foods IPO and Rithwik Facility IPO is Jan 04, 2018, and Jan 03, 2018, respectively.

 Jhandewalas Foods IPORithwik Facility IPO
Issue OpenDec 29, 2017Dec 29, 2017
Issue CloseJan 04, 2018Jan 03, 2018
Basis Of Allotment (Tentative)Jan 08, 2018
Listing date (Tentative)Jan 12, 2018Jan 11, 2018

Financials & KPIs

Jhandewalas Foods IPO P/E ratio is , as compared to Rithwik Facility IPO P/E ratio of .

 Jhandewalas Foods IPORithwik Facility IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets62.2560.8858.2048.55
Total Income33.77148.66142.75141.51
Profit After Tax0.592.380.941.77
NET Worth13.8713.2910.909.97
Reserves and Surplus10.7410.167.786.84
Total Borrowing35.7933.5131.9527.94
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets11.027.8010.559.00
Total Income5.5221.4923.9021.61
Profit After Tax0.060.640.340.45
NET Worth6.682.111.471.14
Reserves and Surplus4.431.211.461.13
Total Borrowing0.691.553.971.82
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.98%100.00%
Promoter Shareholding (Post-Issue)71.63%73.53%
Market Cap₹56.43 Cr.₹15.30 Cr.

Shares Offered

In the Jhandewalas Foods IPO Retail Individual Investors (RII) are offered 13,80,000 shares while in Rithwik Facility IPO retail investors are offered 13,80,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Jhandewalas Foods IPO and 0 shares in Rithwik Facility IPO.

 Jhandewalas Foods IPORithwik Facility IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,50,000 shares42,000 shares
QIB0 shares0 shares
NII13,80,000 shares3,84,000 shares
RII13,80,000 shares3,84,000 shares
Employee0 shares0 shares
Total27,60,000 shares7,68,000 shares

Bids Received (Subscription)

Jhandewalas Foods IPO subscribed 277.64x in total, whereas Rithwik Facility IPO subscribed 44.64x.

 Jhandewalas Foods IPORithwik Facility IPO
NII (times)466.69x52.24x
RII (times)88.58x37.04x
Total (times)277.64x44.64x

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Jhandewalas Foods IPO Vs Rithwik Facility IPO