Comparison between Nitiraj Engineers IPO and RMC Switchgears IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹100.00 per share | ₹27.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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.
Financials & KPIs
Nitiraj Engineers IPO P/E ratio is , as compared to RMC Switchgears IPO P/E ratio of .
Shares Offered
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 0 shares in Nitiraj Engineers IPO and 0 shares in RMC Switchgears IPO.
| | Nitiraj Engineers IPO | RMC Switchgears IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,10,400 shares | 96,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 10,45,200 shares | 7,20,000 shares |
| RII | 10,45,200 shares | 7,20,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 20,90,400 shares | 14,40,000 shares |
Bids Received (Subscription)
Nitiraj Engineers IPO subscribed 1.43x in total, whereas RMC Switchgears IPO subscribed 24.85x.
