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RMC Switchgears IPO vs Steel City Securities IPO

Comparison between RMC Switchgears IPO and Steel City Securities IPO.

IPO Details

RMC Switchgears IPO is a SME Fixed Price IPO proposed to list at BSE SME while Steel City Securities IPO is a SME Fixed Price proposed to list at NSE SME.

 RMC Switchgears IPOSteel City Securities IPO
LogoRMC Switchgears IPO LogoSteel City Securities IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersHem Securities Ltd.Keynote Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Securities Ltd.Keynote Capitals Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of RMC Switchgears IPO is up to ₹3.89 Cr whereas the issue size of the Steel City Securities IPO is up to ₹25.64 Cr. The final issue price of RMC Switchgears IPO is ₹27.00 per share and of Steel City Securities IPO is ₹55.00 per share.

 RMC Switchgears IPOSteel City Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹27.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares2000 shares
Fresh Issue Size6,72,000 shares24,80,183 shares
Fresh Issue Size (Amount)up to ₹1.81 Crup to ₹13.64 Cr
OFS Issue Size7,68,000 shares21,81,817 shares
OFS Issue Size (Amount)up to ₹2.07 Crup to ₹12.00 Cr
Issue Size Total14,40,000 shares46,62,000 shares
Issue Size Total (Amount)up to ₹3.89 Crup to ₹25.64 Cr

IPO Timetable

RMC Switchgears IPO opens on Feb 28, 2017, while Steel City Securities IPO opens on Feb 06, 2017. The closing date of RMC Switchgears IPO and Steel City Securities IPO is Mar 03, 2017, and Feb 09, 2017, respectively.

 RMC Switchgears IPOSteel City Securities IPO
Anchor Bid Date
Issue OpenFeb 28, 2017Feb 06, 2017
Issue CloseMar 03, 2017Feb 09, 2017
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 14, 2017Feb 17, 2017
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

RMC Switchgears IPO P/E ratio is , as compared to Steel City Securities IPO P/E ratio of .

 RMC Switchgears IPOSteel City Securities IPO
Financials
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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

 RMC Switchgears IPOSteel City Securities IPO
Anchor Investor Reserveration
Market Maker Reserveration96,000 shares2,46,000 shares
QIB
NII7,20,000 shares23,31,000 shares
RII7,20,000 shares23,31,000 shares
Employee
Others
Total14,40,000 shares46,62,000 shares

Bids Received (Subscription)

RMC Switchgears IPO subscribed in total, whereas Steel City Securities IPO subscribed .

 RMC Switchgears IPOSteel City Securities IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)