Comparison between IFL Enterprises IPO and RMC Switchgears IPO.
IFL Enterprises IPO is a SME Fixed Price IPO proposed to list at BSE SME while RMC Switchgears IPO is a SME Fixed Price proposed to list at BSE SME.
| IFL Enterprises IPO | RMC Switchgears IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Hem 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 IFL Enterprises IPO is up to ₹3.07 Cr whereas the issue size of the RMC Switchgears IPO is up to ₹3.89 Cr. The final issue price of IFL Enterprises IPO is ₹20.00 per share and of RMC Switchgears IPO is ₹27.00 per share.
| IFL Enterprises IPO | RMC Switchgears IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹27.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 15,36,000 shares | 6,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹3.07 Cr | up to ₹1.81 Cr |
| OFS Issue Size | 0 shares | 7,68,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.07 Cr |
| Issue Size Total | 15,36,000 shares | 14,40,000 shares |
| Issue Size Total (Amount) | up to ₹3.07 Cr | up to ₹3.89 Cr |
IFL Enterprises IPO opens on Mar 07, 2017, while RMC Switchgears IPO opens on Feb 28, 2017. The closing date of IFL Enterprises IPO and RMC Switchgears IPO is Mar 10, 2017, and Mar 03, 2017, respectively.
| IFL Enterprises IPO | RMC Switchgears IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 07, 2017 | Feb 28, 2017 |
| Issue Close | Mar 10, 2017 | Mar 03, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 21, 2017 | Mar 14, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
IFL Enterprises IPO P/E ratio is , as compared to RMC Switchgears IPO P/E ratio of .
| IFL Enterprises IPO | RMC Switchgears IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6.00 Cr. | ₹13.75 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IFL Enterprises IPO Retail Individual Investors (RII) are offered 7,68,000 shares while in RMC Switchgears IPO retail investors are offered 7,68,000 shares. Qualified Institutional Buyers (QIB) are offered in IFL Enterprises IPO and in RMC Switchgears IPO.
| IFL Enterprises IPO | RMC Switchgears IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 96,000 shares |
| QIB | ||
| NII | 7,68,000 shares | 7,20,000 shares |
| RII | 7,68,000 shares | 7,20,000 shares |
| Employee | ||
| Others | ||
| Total | 15,36,000 shares | 14,40,000 shares |
IFL Enterprises IPO subscribed 1.56x in total, whereas RMC Switchgears IPO subscribed 24.85x.
| IFL Enterprises IPO | RMC Switchgears IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.23x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.88x | 0.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.56x | 24.85x |
