Comparison between RNFI Services IPO and Three M Paper Boards IPO.
RNFI Services IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Three M Paper Boards IPO is a SME Bookbuilding proposed to list at BSE SME.
| RNFI Services IPO | Three M Paper Boards IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. | Comfort Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Comfort Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of RNFI Services IPO is up to ₹66.78 Cr whereas the issue size of the Three M Paper Boards IPO is up to ₹37.83 Cr. The final issue price of RNFI Services IPO is ₹105.00 per share and of Three M Paper Boards IPO is ₹69.00 per share.
| RNFI Services IPO | Three M Paper Boards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹67.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹69.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹69.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 63,60,000 shares | 54,82,000 shares |
| Fresh Issue Size (Amount) | up to ₹66.78 Cr | up to ₹37.83 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 63,60,000 shares | 54,82,000 shares |
| Issue Size Total (Amount) | up to ₹66.78 Cr | up to ₹37.83 Cr |
RNFI Services IPO opens on Jul 22, 2024, while Three M Paper Boards IPO opens on Jul 12, 2024. The closing date of RNFI Services IPO and Three M Paper Boards IPO is Jul 24, 2024, and Jul 16, 2024, respectively.
| RNFI Services IPO | Three M Paper Boards IPO | |
|---|---|---|
| Anchor Bid Date | Jul 19, 2024 | Jul 11, 2024 |
| Issue Open | Jul 22, 2024 | Jul 12, 2024 |
| Issue Close | Jul 24, 2024 | Jul 16, 2024 |
| Basis Of Allotment (Tentative) | Jul 25, 2024 | Jul 18, 2024 |
| Initiation of Refunds (Tentative) | Jul 26, 2024 | Jul 19, 2024 |
| Credit of Share (Tentative) | Jul 26, 2024 | Jul 19, 2024 |
| Listing date (Tentative) | Jul 29, 2024 | Jul 22, 2024 |
| Anchor Lockin End date 1 | Aug 24, 2024 | Aug 17, 2024 |
| Anchor Lockin End date 2 | Oct 23, 2024 | Oct 16, 2024 |
RNFI Services IPO P/E ratio is 19.19, as compared to Three M Paper Boards IPO P/E ratio of 8.19.
| RNFI Services IPO | Three M Paper Boards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.53 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.34 | 70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.19 | 8.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹262.00 Cr. | ₹132.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.57% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.74% | 19.71% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.02 | 1.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.47 | ₹8.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.92% | 18.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the RNFI Services IPO Retail Individual Investors (RII) are offered 22,26,000 shares while in Three M Paper Boards IPO retail investors are offered 22,26,000 shares. Qualified Institutional Buyers (QIB) are offered 12,72,000 shares in RNFI Services IPO and 10,96,000 shares in Three M Paper Boards IPO.
| RNFI Services IPO | Three M Paper Boards IPO | |
|---|---|---|
| Anchor Investor Reservation | 19,08,000 shares | 16,42,000 shares |
| Market Maker Reservation | 3,84,000 shares | 2,90,000 shares |
| QIB | 12,72,000 shares | 10,96,000 shares |
| NII | 9,54,000 shares | 8,24,000 shares |
| RII | 22,26,000 shares | 19,20,000 shares |
| Employee | ||
| Others | ||
| Total | 63,60,000 shares | 54,82,000 shares |
RNFI Services IPO subscribed 221.49x in total, whereas Three M Paper Boards IPO subscribed 171.33x.
| RNFI Services IPO | Three M Paper Boards IPO | |
|---|---|---|
| QIB (times) | 140.66x | 79.37x |
| NII (times) | 513.31x | 284.67x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.62x | 175.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.49x | 171.33x |
