RKEC Projects IPO vs Siddharth Education IPO

Comparison between RKEC Projects IPO and Siddharth Education IPO.

IPO Details

RKEC Projects IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siddharth Education IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of RKEC Projects IPO is up to ₹27.24 Cr whereas the issue size of the Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of RKEC Projects IPO is ₹45.00 per share and of Siddharth Education IPO is ₹35.00 per share.

 RKEC Projects IPOSiddharth Education IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹30.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹45.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size43,54,000 shares29,52,000 shares
Fresh Issue Size (Amount)up to ₹19.59 Crup to ₹10.33 Cr
OFS Issue Size17,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹7.65 Crup to ₹0.00 Cr
Issue Size Total60,54,000 shares29,52,000 shares
Issue Size Total (Amount)up to ₹27.24 Crup to ₹10.33 Cr

IPO Timetable

RKEC Projects IPO opens on Sep 25, 2017, while Siddharth Education IPO opens on Sep 29, 2017. The closing date of RKEC Projects IPO and Siddharth Education IPO is Sep 28, 2017, and Oct 05, 2017, respectively.

 RKEC Projects IPOSiddharth Education IPO
Issue OpenSep 25, 2017Sep 29, 2017
Issue CloseSep 28, 2017Oct 05, 2017
Basis Of Allotment (Tentative)Oct 04, 2017Oct 10, 2017
Listing date (Tentative)Oct 09, 2017Oct 12, 2017

Financials & KPIs

RKEC Projects IPO P/E ratio is , as compared to Siddharth Education IPO P/E ratio of .

 RKEC Projects IPOSiddharth Education IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets112.53112.4956.40
Total Income200.12113.5171.75
Profit After Tax13.133.191.96
NET Worth39.0825.6322.43
Reserves and Surplus19.7715.9712.78
Total Borrowing0.4214.989.84
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets14.2412.089.07
Total Income4.953.692.08
Profit After Tax0.970.65-0.31
NET Worth5.434.463.81
Reserves and Surplus2.221.250.60
Total Borrowing6.856.654.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%98.67%
Promoter Shareholding (Post-Issue)73.41%72.22%
Market Cap₹107.96 Cr.₹40.60 Cr.

Shares Offered

In the RKEC Projects IPO Retail Individual Investors (RII) are offered 30,27,000 shares while in Siddharth Education IPO retail investors are offered 30,27,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in RKEC Projects IPO and 0 shares in Siddharth Education IPO.

 RKEC Projects IPOSiddharth Education IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,24,000 shares1,56,000 shares
QIB0 shares0 shares
NII30,27,000 shares14,76,000 shares
RII30,27,000 shares14,76,000 shares
Employee0 shares0 shares
Total60,54,000 shares29,52,000 shares

Bids Received (Subscription)

RKEC Projects IPO subscribed 19.15x in total, whereas Siddharth Education IPO subscribed 1.35x.

 RKEC Projects IPOSiddharth Education IPO
NII (times)30.37x1.86x
RII (times)7.92x0.84x
Total (times)19.15x1.35x

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RKEC Projects IPO Vs Siddharth Education IPO