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Rockingdeals Circular IPO vs Sunrest Lifescience IPO

Comparison between Rockingdeals Circular IPO and Sunrest Lifescience IPO.

IPO Details

Rockingdeals Circular IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunrest Lifescience IPO is a SME Fixed Price proposed to list at NSE SME.

 Rockingdeals Circular IPOSunrest Lifescience IPO
LogoRockingdeals Circular IPO LogoSunrest Lifescience IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersCorporate Capitalventures Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.Svcm Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Rockingdeals Circular IPO is up to ₹19.81 Cr whereas the issue size of the Sunrest Lifescience IPO is up to ₹10.30 Cr. The final issue price of Rockingdeals Circular IPO is ₹140.00 per share and of Sunrest Lifescience IPO is ₹84.00 per share.

 Rockingdeals Circular IPOSunrest Lifescience IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹136.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹140.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size14,15,000 shares12,25,600 shares
Fresh Issue Size (Amount)up to ₹19.81 Crup to ₹10.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,15,000 shares12,25,600 shares
Issue Size Total (Amount)up to ₹19.81 Crup to ₹10.30 Cr

IPO Timetable

Rockingdeals Circular IPO opens on Nov 22, 2023, while Sunrest Lifescience IPO opens on Nov 07, 2023. The closing date of Rockingdeals Circular IPO and Sunrest Lifescience IPO is Nov 24, 2023, and Nov 09, 2023, respectively.

 Rockingdeals Circular IPOSunrest Lifescience IPO
Anchor Bid DateNov 21, 2023
Issue OpenNov 22, 2023Nov 07, 2023
Issue CloseNov 24, 2023Nov 09, 2023
Basis Of Allotment (Tentative)Nov 28, 2023Nov 15, 2023
Initiation of Refunds (Tentative)Nov 29, 2023Nov 16, 2023
Credit of Share (Tentative)Nov 29, 2023Nov 17, 2023
Listing date (Tentative)Nov 30, 2023Nov 20, 2023
Anchor Lockin End date 1Dec 28, 2023
Anchor Lockin End date 2Feb 26, 2024

Financials & KPIs

Rockingdeals Circular IPO P/E ratio is 33.33, as compared to Sunrest Lifescience IPO P/E ratio of 12.33.

 Rockingdeals Circular IPOSunrest Lifescience IPO
Financials

Rocking Deals Circular Economy Limited Financial Information (Restated)

Rocking Deals Circular Economy Limited's revenue decreased by -1.01% and profit after tax (PAT) rose by 974.19% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,437.451,226.601,397.271,863.09
Total Income958.151,517.531,533.081,069.62
Profit After Tax125.15154.3414.37-1.48
Net Worth818.46693.31538.97539.48
Reserves and Surplus450.58681.05526.71527.21
Total Borrowing372.81393.20406.10411.85
Amount in ₹ Lakhs

Sunrest Lifescience Limited Financial Information (Restated)

Sunrest Lifescience Limited's revenue decreased by -8.32% and profit after tax (PAT) rose by 162.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,706.281,671.371,301.97948.15
Total Income563.582,467.052,690.991,694.91
Profit After Tax75.08204.3177.7116.55
Net Worth386.60311.52107.2029.49
Reserves and Surplus86.6011.52106.2028.49
Total Borrowing347.32214.32323.83231.55
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)88.45100
Promoter Shareholding (Post-Issue)65.0069.91
P/E Ratio33.3312.33
Market Cap₹79.23 Cr.₹36.05 Cr.
ROE25.05%53%
ROCE22.73%98%
Debt/Equity0.64
EPS₹4.20₹6.81
RoNW22.26%65.59%

Shares Offered

In the Rockingdeals Circular IPO Retail Individual Investors (RII) are offered 5,00,000 shares while in Sunrest Lifescience IPO retail investors are offered 5,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,80,000 shares in Rockingdeals Circular IPO and in Sunrest Lifescience IPO.

 Rockingdeals Circular IPOSunrest Lifescience IPO
Anchor Investor Reserveration4,20,000 shares
Market Maker Reserveration85,000 shares65,600 shares
QIB2,80,000 shares
NII2,15,000 shares6,12,800 shares
RII5,00,000 shares6,12,800 shares
Employee
Others
Total14,15,000 shares12,25,600 shares

Bids Received (Subscription)

Rockingdeals Circular IPO subscribed 213.64x in total, whereas Sunrest Lifescience IPO subscribed 48.54x.

 Rockingdeals Circular IPOSunrest Lifescience IPO
QIB (times)47.38x
NII (times)458.60x29.17x
Big NII (times)
Small NII (times)
RII (times)201.42x65.74x
Employee (times)
Other (times)
Total (times)213.64x48.54x