RO Jewels IPO vs Tranway Technologies IPO

Comparison between RO Jewels IPO and Tranway Technologies IPO.

IPO Details

RO Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tranway Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of RO Jewels IPO is up to ₹4.67 Cr whereas the issue size of the Tranway Technologies IPO is up to ₹4.02 Cr. The final issue price of RO Jewels IPO is ₹36.00 per share and of Tranway Technologies IPO is ₹10.00 per share.

 RO Jewels IPOTranway Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹36.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares10000 shares
Fresh Issue Size12,96,000 shares40,20,000 shares
Fresh Issue Size (Amount)up to ₹4.67 Crup to ₹4.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,96,000 shares40,20,000 shares
Issue Size Total (Amount)up to ₹4.67 Crup to ₹4.02 Cr

IPO Timetable

RO Jewels IPO opens on Mar 12, 2020, while Tranway Technologies IPO opens on Jan 27, 2020. The closing date of RO Jewels IPO and Tranway Technologies IPO is Mar 17, 2020, and Jan 29, 2020, respectively.

 RO Jewels IPOTranway Technologies IPO
Issue OpenMar 12, 2020Jan 27, 2020
Issue CloseMar 17, 2020Jan 29, 2020
Basis Of Allotment (Tentative)Mar 20, 2020Feb 03, 2020
Initiation of Refunds (Tentative)Mar 23, 2020Feb 04, 2020
Credit of Share (Tentative)Mar 24, 2020Feb 05, 2020
Listing date (Tentative)Mar 25, 2020Feb 05, 2020

Financials & KPIs

RO Jewels IPO P/E ratio is 34, as compared to Tranway Technologies IPO P/E ratio of 90.

 RO Jewels IPOTranway Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets5.801.792.301.56
Total Income10.474.249.765.74
Profit After Tax0.150.010.070.06
NET Worth5.171.78
Reserves and Surplus2.221.260.010.01
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets2.712.142.421.08
Total Income2.295.183.943.12
Profit After Tax0.060.240.110.12
NET Worth0.620.550.310.20
Reserves and Surplus0.600.530.290.18
Total Borrowing1.721.331.550.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.38%99.98%
Promoter Shareholding (Post-Issue)45.26%59.99%
P/E Ratio3490
Market Cap₹10.20 Cr.₹10.60 Cr.

Shares Offered

In the RO Jewels IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in Tranway Technologies IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered in RO Jewels IPO and in Tranway Technologies IPO.

 RO Jewels IPOTranway Technologies IPO
Market Maker Reservation69,000 shares2,20,000 shares
NII6,48,000 shares20,10,000 shares
RII6,48,000 shares20,10,000 shares
Total12,96,000 shares40,20,000 shares

Bids Received (Subscription)

RO Jewels IPO subscribed 1.19x in total, whereas Tranway Technologies IPO subscribed 1.98x.

 RO Jewels IPOTranway Technologies IPO
NII (times)1.95x1.09x
RII (times)0.43x2.87x
Total (times)1.19x1.98x

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RO Jewels IPO Vs Tranway Technologies IPO