Comparison between Polysil Irrigation Systems IPO and Rudra Gas Enterprise IPO.
Polysil Irrigation Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price proposed to list at BSE SME.
| Polysil Irrigation Systems IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Market-Hub Stock Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Polysil Irrigation Systems IPO is up to ₹16.55 Cr whereas the issue size of the Rudra Gas Enterprise IPO is up to ₹13.43 Cr. The final issue price of Polysil Irrigation Systems IPO is ₹54.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.
| Polysil Irrigation Systems IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹54.00 per share | ₹63.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 12,80,000 shares | 21,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.91 Cr | up to ₹13.43 Cr |
| OFS Issue Size | 17,84,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.63 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,64,000 shares | 21,32,000 shares |
| Issue Size Total (Amount) | up to ₹16.55 Cr | up to ₹13.43 Cr |
Polysil Irrigation Systems IPO opens on Feb 08, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Polysil Irrigation Systems IPO and Rudra Gas Enterprise IPO is Feb 13, 2024, and Feb 12, 2024, respectively.
| Polysil Irrigation Systems IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 08, 2024 | Feb 08, 2024 |
| Issue Close | Feb 13, 2024 | Feb 12, 2024 |
| Basis Of Allotment (Tentative) | Feb 14, 2024 | Feb 13, 2024 |
| Initiation of Refunds (Tentative) | Feb 15, 2024 | Feb 14, 2024 |
| Credit of Share (Tentative) | Feb 15, 2024 | Feb 14, 2024 |
| Listing date (Tentative) | Feb 16, 2024 | Feb 15, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Polysil Irrigation Systems IPO P/E ratio is 47.08, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.
| Polysil Irrigation Systems IPO | Rudra Gas Enterprise IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Polysil Irrigation Systems Limited Financial Information (Restated)Polysil Irrigation Systems Limited's revenue increased by 16.6% and profit after tax (PAT) rose by 236.39% between the financial year ending with March 31, 2023 and March 31, 2022.
| Rudra Gas Enterprise Limited Financial Information (Restated Standalone)Rudra Gas Enterprise Limited's revenue increased by 12.76% and profit after tax (PAT) rose by 96.21% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 33.79 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 29.49 | 73.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 47.08 | 10.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61.24 Cr. | ₹52.53 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 7.39% | 57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.81% | 25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.01 | 2.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.15 | ₹5.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.39% | 44.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Polysil Irrigation Systems IPO Retail Individual Investors (RII) are offered 15,32,000 shares while in Rudra Gas Enterprise IPO retail investors are offered 15,32,000 shares. Qualified Institutional Buyers (QIB) are offered in Polysil Irrigation Systems IPO and in Rudra Gas Enterprise IPO.
| Polysil Irrigation Systems IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,64,000 shares | 1,16,000 shares |
| QIB | ||
| NII | 15,32,000 shares | 10,66,000 shares |
| RII | 15,32,000 shares | 10,66,000 shares |
| Employee | ||
| Others | ||
| Total | 30,64,000 shares | 21,32,000 shares |
Polysil Irrigation Systems IPO subscribed 6.88x in total, whereas Rudra Gas Enterprise IPO subscribed 350.75x.
| Polysil Irrigation Systems IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.12x | 286.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.62x | 404.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.88x | 350.75x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
