Comparison between Nitiraj Engineers IPO and RMC Switchgears IPO.
Nitiraj Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while RMC Switchgears IPO is a SME Fixed Price proposed to list at BSE SME.
| Nitiraj Engineers IPO | RMC Switchgears IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Alacrity 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 Nitiraj Engineers IPO is up to ₹20.90 Cr whereas the issue size of the RMC Switchgears IPO is up to ₹3.89 Cr. The final issue price of Nitiraj Engineers IPO is ₹100.00 per share and of RMC Switchgears IPO is ₹27.00 per share.
| Nitiraj Engineers IPO | RMC Switchgears IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹27.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 4000 shares |
| Fresh Issue Size | 20,90,400 shares | 6,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.90 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 | 20,90,400 shares | 14,40,000 shares |
| Issue Size Total (Amount) | up to ₹20.90 Cr | up to ₹3.89 Cr |
Nitiraj Engineers IPO opens on Feb 20, 2017, while RMC Switchgears IPO opens on Feb 28, 2017. The closing date of Nitiraj Engineers IPO and RMC Switchgears IPO is Mar 01, 2017, and Mar 03, 2017, respectively.
| Nitiraj Engineers IPO | RMC Switchgears IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 20, 2017 | Feb 28, 2017 |
| Issue Close | Mar 01, 2017 | Mar 03, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 09, 2017 | Mar 14, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Nitiraj Engineers IPO P/E ratio is , as compared to RMC Switchgears IPO P/E ratio of .
| Nitiraj Engineers IPO | RMC Switchgears IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹82.01 Cr. | ₹13.75 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Nitiraj Engineers IPO Retail Individual Investors (RII) are offered 10,45,200 shares while in RMC Switchgears IPO retail investors are offered 10,45,200 shares. Qualified Institutional Buyers (QIB) are offered in Nitiraj Engineers IPO and in RMC Switchgears IPO.
| Nitiraj Engineers IPO | RMC Switchgears IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,10,400 shares | 96,000 shares |
| QIB | ||
| NII | 10,45,200 shares | 7,20,000 shares |
| RII | 10,45,200 shares | 7,20,000 shares |
| Employee | ||
| Others | ||
| Total | 20,90,400 shares | 14,40,000 shares |
Nitiraj Engineers IPO subscribed 1.43x in total, whereas RMC Switchgears IPO subscribed 24.85x.
| Nitiraj Engineers IPO | RMC Switchgears IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.68x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.18x | 0.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.43x | 24.85x |
