Comparison between RKEC Projects IPO and Tirupati Forge IPO.
RKEC Projects IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
| RKEC Projects IPO | Tirupati Forge 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. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Pantomath Stock Brokers Pvt.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 RKEC Projects IPO is up to ₹27.24 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of RKEC Projects IPO is ₹45.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
| RKEC Projects IPO | Tirupati Forge IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹29.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 43,54,000 shares | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.59 Cr | up to ₹4.95 Cr |
| OFS Issue Size | 17,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.65 Cr | up to ₹0.00 Cr |
| Issue Size Total | 60,54,000 shares | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹27.24 Cr | up to ₹4.95 Cr |
RKEC Projects IPO opens on Sep 25, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of RKEC Projects IPO and Tirupati Forge IPO is Sep 28, 2017, and Oct 04, 2017, respectively.
| RKEC Projects IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 25, 2017 | Sep 29, 2017 |
| Issue Close | Sep 28, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 09, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
RKEC Projects IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
| RKEC Projects IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹107.96 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the RKEC Projects IPO Retail Individual Investors (RII) are offered 30,27,000 shares while in Tirupati Forge IPO retail investors are offered 30,27,000 shares. Qualified Institutional Buyers (QIB) are offered in RKEC Projects IPO and in Tirupati Forge IPO.
| RKEC Projects IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,24,000 shares | 92,000 shares |
| QIB | ||
| NII | 30,27,000 shares | 8,54,000 shares |
| RII | 30,27,000 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 60,54,000 shares | 17,08,000 shares |
RKEC Projects IPO subscribed 19.15x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| RKEC Projects IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 30.37x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.92x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.15x | 6.94x |
