Comparison between RMC Switchgears IPO and Sarthak Metals IPO.
IPO Details
RMC Switchgears IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sarthak Metals IPO is a SME Fixed Price proposed to list at BSE 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 Sarthak Metals IPO is up to ₹10.32 Cr. The final issue price of RMC Switchgears IPO is ₹27.00 per share and of Sarthak Metals IPO is ₹30.00 per share.
| | RMC Switchgears IPO | Sarthak Metals IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹27.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 6,72,000 shares | 14,04,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.81 Cr | up to ₹4.21 Cr |
| OFS Issue Size | 7,68,000 shares | 20,36,000 shares |
| OFS Issue Size (Amount) | up to ₹2.07 Cr | up to ₹6.11 Cr |
| Issue Size Total | 14,40,000 shares | 34,40,000 shares |
| Issue Size Total (Amount) | up to ₹3.89 Cr | up to ₹10.32 Cr |
IPO Timetable
RMC Switchgears IPO opens on Feb 28, 2017, while Sarthak Metals IPO opens on Mar 10, 2017. The closing date of RMC Switchgears IPO and Sarthak Metals IPO is Mar 03, 2017, and Mar 17, 2017, respectively.
Financials & KPIs
RMC Switchgears IPO P/E ratio is , as compared to Sarthak Metals IPO P/E ratio of .
Shares Offered
In the RMC Switchgears IPO Retail Individual Investors (RII) are offered 7,20,000 shares while in Sarthak Metals 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 Sarthak Metals IPO.
| | RMC Switchgears IPO | Sarthak Metals IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 96,000 shares | 1,96,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 7,20,000 shares | 17,20,000 shares |
| RII | 7,20,000 shares | 17,20,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 14,40,000 shares | 34,40,000 shares |
Bids Received (Subscription)
RMC Switchgears IPO subscribed 24.85x in total, whereas Sarthak Metals IPO subscribed 2.02x.
