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R M Drip IPO vs Sagar Diamonds IPO

Comparison between R M Drip IPO and Sagar Diamonds IPO.

IPO Details

R M Drip IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sagar Diamonds IPO is a SME Bookbuilding proposed to list at BSE SME.

 R M Drip IPOSagar Diamonds IPO
LogoR M Drip IPO LogoSagar Diamonds IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of R M Drip IPO is up to ₹10.83 Cr whereas the issue size of the Sagar Diamonds IPO is up to ₹14.45 Cr. The final issue price of R M Drip IPO is ₹57.00 per share and of Sagar Diamonds IPO is ₹45.00 per share.

 R M Drip IPOSagar Diamonds IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share₹40.00 per share
Issue Price (Upper)₹57.00 per share₹45.00 per share
Issue Price (Final)₹57.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size19,00,000 shares32,10,000 shares
Fresh Issue Size (Amount)up to ₹10.83 Crup to ₹14.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,00,000 shares32,10,000 shares
Issue Size Total (Amount)up to ₹10.83 Crup to ₹14.45 Cr

IPO Timetable

R M Drip IPO opens on Sep 19, 2017, while Sagar Diamonds IPO opens on Sep 14, 2017. The closing date of R M Drip IPO and Sagar Diamonds IPO is Sep 25, 2017, and Sep 18, 2017, respectively.

 R M Drip IPOSagar Diamonds IPO
Anchor Bid Date
Issue OpenSep 19, 2017Sep 14, 2017
Issue CloseSep 25, 2017Sep 18, 2017
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Oct 04, 2017Sep 26, 2017
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

R M Drip IPO P/E ratio is , as compared to Sagar Diamonds IPO P/E ratio of 120.05.

 R M Drip IPOSagar Diamonds IPO
Financials

Sagar Diamonds Ltd Financial Information (Restated Consolidated)

Period Ended20 Jun 201731 Mar 201731 Mar 2016
Assets41.4610.190.01
Total Income10.4510.00
Profit After Tax0.300.35-0.00
Net Worth21.580.360.01
Reserves and Surplus12.320.35-0.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00
Promoter Shareholding (Post-Issue)73.26
P/E Ratio120.05
Market Cap₹56.90 Cr.
ROE97.80
ROCE
Debt/Equity
EPS₹0.37
RoNW97.80%

Shares Offered

In the R M Drip IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in Sagar Diamonds IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered in R M Drip IPO and in Sagar Diamonds IPO.

 R M Drip IPOSagar Diamonds IPO
Anchor Investor Reserveration
Market Maker Reserveration1,10,000 shares1,71,000 shares
QIB
NII9,50,000 shares16,05,000 shares
RII9,50,000 shares16,05,000 shares
Employee
Others
Total19,00,000 shares32,10,000 shares

Bids Received (Subscription)

R M Drip IPO subscribed in total, whereas Sagar Diamonds IPO subscribed .

 R M Drip IPOSagar Diamonds IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)