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ICL Organic Dairy Products IPO vs RO Jewels IPO

Comparison between ICL Organic Dairy Products IPO and RO Jewels IPO.

IPO Details

ICL Organic Dairy Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while RO Jewels IPO is a SME Fixed Price proposed to list at BSE SME.

 ICL Organic Dairy Products IPORO Jewels IPO
LogoICL Organic Dairy Products IPO LogoRO Jewels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.First Overseas Capital Ltd.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Market MakerBeeline Broking Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ICL Organic Dairy Products IPO is up to ₹3.88 Cr whereas the issue size of the RO Jewels IPO is up to ₹4.67 Cr. The final issue price of ICL Organic Dairy Products IPO is ₹20.00 per share and of RO Jewels IPO is ₹36.00 per share.

 ICL Organic Dairy Products IPORO Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares3000 shares
Fresh Issue Size19,38,000 shares12,96,000 shares
Fresh Issue Size (Amount)up to ₹3.88 Crup to ₹4.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,38,000 shares12,96,000 shares
Issue Size Total (Amount)up to ₹3.88 Crup to ₹4.67 Cr

IPO Timetable

ICL Organic Dairy Products IPO opens on Jan 31, 2020, while RO Jewels IPO opens on Mar 12, 2020. The closing date of ICL Organic Dairy Products IPO and RO Jewels IPO is Feb 07, 2020, and Mar 17, 2020, respectively.

 ICL Organic Dairy Products IPORO Jewels IPO
Anchor Bid Date
Issue OpenJan 31, 2020Mar 12, 2020
Issue CloseFeb 07, 2020Mar 17, 2020
Basis Of Allotment (Tentative)Feb 11, 2020Mar 20, 2020
Initiation of Refunds (Tentative)Feb 12, 2020Mar 23, 2020
Credit of Share (Tentative)Feb 13, 2020Mar 24, 2020
Listing date (Tentative)Feb 17, 2020Mar 25, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

ICL Organic Dairy Products IPO P/E ratio is 80, as compared to RO Jewels IPO P/E ratio of 34.

 ICL Organic Dairy Products IPORO Jewels IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-July-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 455.42 316.60 327.82 226.00
Total Revenue 223.13 1,572.65 1,207.30 252.68
Profit After Tax 4.83 27.62 34.93 5.03
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sep-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 580.25 179.06 230.49 156.13
Total Revenue 1,047.22 424.34 975.70 574.40
Profit After Tax 15.05 1.49 6.85 5.87
Promoter Shareholding (Pre-Issue)72.7187.38
Promoter Shareholding (Post-Issue)47.9945.26
P/E Ratio8034
Market Cap₹12.00 Cr.₹10.20 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the ICL Organic Dairy Products IPO Retail Individual Investors (RII) are offered 9,72,000 shares while in RO Jewels IPO retail investors are offered 9,72,000 shares. Qualified Institutional Buyers (QIB) are offered in ICL Organic Dairy Products IPO and in RO Jewels IPO.

 ICL Organic Dairy Products IPORO Jewels IPO
Anchor Investor Reserveration
Market Maker Reserveration1,02,000 shares69,000 shares
QIB
NII9,66,000 shares6,48,000 shares
RII9,72,000 shares6,48,000 shares
Employee
Others
Total19,38,000 shares12,96,000 shares

Bids Received (Subscription)

ICL Organic Dairy Products IPO subscribed 3.08x in total, whereas RO Jewels IPO subscribed 1.19x.

 ICL Organic Dairy Products IPORO Jewels IPO
QIB (times)
NII (times)3.56x1.95x
Big NII (times)
Small NII (times)
RII (times)2.59x0.43x
Employee (times)
Other (times)
Total (times)3.08x1.19x