RMC Switchgears IPO vs Sanginita Chemicals IPO

Comparison between RMC Switchgears IPO and Sanginita Chemicals IPO.

IPO Details

RMC Switchgears IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sanginita Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of RMC Switchgears IPO is up to ₹3.89 Cr whereas the issue size of the Sanginita Chemicals IPO is up to ₹9.53 Cr. The final issue price of RMC Switchgears IPO is ₹27.00 per share and of Sanginita Chemicals IPO is ₹22.00 per share.

 RMC Switchgears IPOSanginita Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹27.00 per share₹22.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares6000 shares
Fresh Issue Size6,72,000 shares43,32,000 shares
Fresh Issue Size (Amount)up to ₹1.81 Crup to ₹9.53 Cr
OFS Issue Size7,68,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.07 Crup to ₹0.00 Cr
Issue Size Total14,40,000 shares43,32,000 shares
Issue Size Total (Amount)up to ₹3.89 Crup to ₹9.53 Cr

IPO Timetable

RMC Switchgears IPO opens on Feb 28, 2017, while Sanginita Chemicals IPO opens on Mar 01, 2017. The closing date of RMC Switchgears IPO and Sanginita Chemicals IPO is Mar 03, 2017, and Mar 03, 2017, respectively.

 RMC Switchgears IPOSanginita Chemicals IPO
Issue OpenFeb 28, 2017Mar 01, 2017
Issue CloseMar 03, 2017Mar 03, 2017
Basis Of Allotment (Tentative)Mar 08, 2017
Listing date (Tentative)Mar 14, 2017Mar 10, 2017

Financials & KPIs

RMC Switchgears IPO P/E ratio is , as compared to Sanginita Chemicals IPO P/E ratio of .

 RMC Switchgears IPOSanginita Chemicals IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets59.2749.0845.6342.88
Total Income26.1055.8545.7440.87
Profit After Tax0.860.790.240.20
NET Worth10.9510.109.319.09
Reserves and Surplus6.639.028.238.01
Total Borrowing25.8424.0820.2223.01
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets54.1943.9250.1744.15
Total Income70.79144.36128.93119.03
Profit After Tax0.711.101.000.84
EBITDA2.65
NET Worth17.4016.6915.3114.30
Reserves and Surplus8.938.227.116.11
Total Borrowing27.9625.1322.7722.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.09%99.92%
Promoter Shareholding (Post-Issue)58.16%73.49%
Market Cap₹13.75 Cr.₹37.99 Cr.

Shares Offered

In the RMC Switchgears IPO Retail Individual Investors (RII) are offered 7,20,000 shares while in Sanginita Chemicals IPO retail investors are offered 7,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in RMC Switchgears IPO and 0 shares in Sanginita Chemicals IPO.

 RMC Switchgears IPOSanginita Chemicals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation96,000 shares2,34,000 shares
QIB0 shares0 shares
NII7,20,000 shares21,66,000 shares
RII7,20,000 shares21,66,000 shares
Employee0 shares0 shares
Total14,40,000 shares43,32,000 shares

Bids Received (Subscription)

RMC Switchgears IPO subscribed 24.85x in total, whereas Sanginita Chemicals IPO subscribed 2.14x.

 RMC Switchgears IPOSanginita Chemicals IPO
NII (times)0.00x2.10x
RII (times)0.00x2.19x
Total (times)24.85x2.14x

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RMC Switchgears IPO Vs Sanginita Chemicals IPO