Comparison between Richa Info Systems IPO and Safa Systems IPO.
Richa Info Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Safa Systems IPO is a SME Fixed Price proposed to list at BSE SME.
| Richa Info Systems IPO | Safa Systems IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Finshore Management Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Richa Info Systems IPO is up to ₹9.50 Cr whereas the issue size of the Safa Systems IPO is up to ₹3.80 Cr. The final issue price of Richa Info Systems IPO is ₹125.00 per share and of Safa Systems IPO is ₹10.00 per share.
| Richa Info Systems IPO | Safa Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹125.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 10000 shares |
| Fresh Issue Size | 7,60,000 shares | 38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.50 Cr | up to ₹3.80 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 | 7,60,000 shares | 38,00,000 shares |
| Issue Size Total (Amount) | up to ₹9.50 Cr | up to ₹3.80 Cr |
Richa Info Systems IPO opens on Feb 09, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Richa Info Systems IPO and Safa Systems IPO is Feb 11, 2022, and Feb 01, 2022, respectively.
| Richa Info Systems IPO | Safa Systems IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 09, 2022 | Jan 28, 2022 |
| Issue Close | Feb 11, 2022 | Feb 01, 2022 |
| Basis Of Allotment (Tentative) | Feb 16, 2022 | Feb 04, 2022 |
| Initiation of Refunds (Tentative) | Feb 17, 2022 | Feb 07, 2022 |
| Credit of Share (Tentative) | Feb 17, 2022 | Feb 08, 2022 |
| Listing date (Tentative) | Feb 21, 2022 | Feb 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Richa Info Systems IPO P/E ratio is 41.67, as compared to Safa Systems IPO P/E ratio of 29.41.
| Richa Info Systems IPO | Safa Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 73.47 | |||||
| P/E Ratio | 41.67 | 29.41 | ||||
| Market Cap | ₹30.38 Cr. | ₹15.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | 3.61 | |||||
| EPS | ₹5.97 | |||||
| RoNW | 51.62 | 3.48 |
In the Richa Info Systems IPO Retail Individual Investors (RII) are offered 3,80,000 shares while in Safa Systems IPO retail investors are offered 3,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Richa Info Systems IPO and in Safa Systems IPO.
| Richa Info Systems IPO | Safa Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 40,000 shares | 2,00,000 shares |
| QIB | ||
| NII | 3,80,000 shares | 19,00,000 shares |
| RII | 3,80,000 shares | 19,00,000 shares |
| Employee | ||
| Others | ||
| Total | 7,60,000 shares | 38,00,000 shares |
Richa Info Systems IPO subscribed 5.05x in total, whereas Safa Systems IPO subscribed 52.71x.
| Richa Info Systems IPO | Safa Systems IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.16x | 64.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.94x | 40.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.05x | 52.71x |
