Comparison between Rudra Gas Enterprise IPO and Wise Travel IPO.
Rudra Gas Enterprise IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Wise Travel IPO is a SME Bookbuilding proposed to list at NSE SME.
| Rudra Gas Enterprise IPO | Wise Travel IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Share India Capital Services Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Beetal Financial & Computer Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Rudra Gas Enterprise IPO is up to ₹13.43 Cr whereas the issue size of the Wise Travel IPO is up to ₹88.24 Cr. The final issue price of Rudra Gas Enterprise IPO is ₹63.00 per share and of Wise Travel IPO is ₹147.00 per share.
| Rudra Gas Enterprise IPO | Wise Travel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | |
| Issue Price (Upper) | ₹147.00 per share | |
| Issue Price (Final) | ₹63.00 per share | ₹147.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 21,32,000 shares | 60,03,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.43 Cr | up to ₹88.24 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 | 21,32,000 shares | 60,03,000 shares |
| Issue Size Total (Amount) | up to ₹13.43 Cr | up to ₹88.24 Cr |
Rudra Gas Enterprise IPO opens on Feb 08, 2024, while Wise Travel IPO opens on Feb 12, 2024. The closing date of Rudra Gas Enterprise IPO and Wise Travel IPO is Feb 12, 2024, and Feb 14, 2024, respectively.
| Rudra Gas Enterprise IPO | Wise Travel IPO | |
|---|---|---|
| Anchor Bid Date | Feb 09, 2024 | |
| Issue Open | Feb 08, 2024 | Feb 12, 2024 |
| Issue Close | Feb 12, 2024 | Feb 14, 2024 |
| Basis Of Allotment (Tentative) | Feb 13, 2024 | Feb 15, 2024 |
| Initiation of Refunds (Tentative) | Feb 14, 2024 | Feb 16, 2024 |
| Credit of Share (Tentative) | Feb 14, 2024 | Feb 16, 2024 |
| Listing date (Tentative) | Feb 15, 2024 | Feb 19, 2024 |
| Anchor Lockin End date 1 | Mar 16, 2024 | |
| Anchor Lockin End date 2 | May 15, 2024 |
Rudra Gas Enterprise IPO P/E ratio is 10.9, as compared to Wise Travel IPO P/E ratio of 24.81.
| Rudra Gas Enterprise IPO | Wise Travel IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 95.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.03 | 69.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.9 | 24.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹52.53 Cr. | ₹350.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 57% | 29.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25% | 22.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.18 | 0.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹5.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.09% | 25.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rudra Gas Enterprise IPO Retail Individual Investors (RII) are offered 10,66,000 shares while in Wise Travel IPO retail investors are offered 10,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Rudra Gas Enterprise IPO and 11,91,000 shares in Wise Travel IPO.
| Rudra Gas Enterprise IPO | Wise Travel IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,85,000 shares | |
| Market Maker Reservation | 1,16,000 shares | 4,38,000 shares |
| QIB | 11,91,000 shares | |
| NII | 10,66,000 shares | 8,94,000 shares |
| RII | 10,66,000 shares | 20,84,000 shares |
| Employee | 49,000 shares | |
| Others | ||
| Total | 21,32,000 shares | 60,03,000 shares |
Rudra Gas Enterprise IPO subscribed 350.75x in total, whereas Wise Travel IPO subscribed 163.46x.
| Rudra Gas Enterprise IPO | Wise Travel IPO | |
|---|---|---|
| QIB (times) | 106.69x | |
| NII (times) | 286.62x | 375.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 404.38x | 108.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 350.75x | 163.46x |
