Comparison between RNFI Services IPO and SAR Televenture FPO.
RNFI Services IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SAR Televenture FPO is a SME Bookbuilding proposed to list at NSE SME.
| RNFI Services IPO | SAR Televenture FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | FPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Asit C.Mehta Investment Interrmediates Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of RNFI Services IPO is up to ₹66.78 Cr whereas the issue size of the SAR Televenture FPO is up to ₹142.50 Cr. The final issue price of RNFI Services IPO is ₹105.00 per share and of SAR Televenture FPO is ₹210.00 per share.
| RNFI Services IPO | SAR Televenture FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 500 shares |
| Fresh Issue Size | 63,60,000 shares | 67,85,500 shares |
| Fresh Issue Size (Amount) | up to ₹66.78 Cr | up to ₹142.50 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 | 63,60,000 shares | 67,85,500 shares |
| Issue Size Total (Amount) | up to ₹66.78 Cr | up to ₹142.50 Cr |
RNFI Services IPO opens on Jul 22, 2024, while SAR Televenture FPO opens on Jul 22, 2024. The closing date of RNFI Services IPO and SAR Televenture FPO is Jul 24, 2024, and Jul 24, 2024, respectively.
| RNFI Services IPO | SAR Televenture FPO | |
|---|---|---|
| Anchor Bid Date | Jul 19, 2024 | Jul 19, 2024 |
| Issue Open | Jul 22, 2024 | Jul 22, 2024 |
| Issue Close | Jul 24, 2024 | Jul 24, 2024 |
| Basis Of Allotment (Tentative) | Jul 25, 2024 | Jul 25, 2024 |
| Initiation of Refunds (Tentative) | Jul 26, 2024 | Jul 26, 2024 |
| Credit of Share (Tentative) | Jul 26, 2024 | Jul 26, 2024 |
| Listing date (Tentative) | Jul 29, 2024 | Jul 29, 2024 |
| Anchor Lockin End date 1 | Aug 24, 2024 | Aug 24, 2024 |
| Anchor Lockin End date 2 | Oct 23, 2024 | Oct 23, 2024 |
RNFI Services IPO P/E ratio is 19.19, as compared to SAR Televenture FPO P/E ratio of 14.79.
| RNFI Services IPO | SAR Televenture FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.53 | 87.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.34 | 61.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.19 | 14.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹262.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.74% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.02 | 0.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.92% | 32.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the RNFI Services IPO Retail Individual Investors (RII) are offered 22,26,000 shares while in SAR Televenture FPO retail investors are offered 22,26,000 shares. Qualified Institutional Buyers (QIB) are offered 12,72,000 shares in RNFI Services IPO and 13,57,000 shares in SAR Televenture FPO.
| RNFI Services IPO | SAR Televenture FPO | |
|---|---|---|
| Anchor Investor Reservation | 19,08,000 shares | 20,35,500 shares |
| Market Maker Reservation | 3,84,000 shares | 3,57,000 shares |
| QIB | 12,72,000 shares | 13,57,000 shares |
| NII | 9,54,000 shares | 10,18,000 shares |
| RII | 22,26,000 shares | 23,75,000 shares |
| Employee | ||
| Others | ||
| Total | 63,60,000 shares | 67,85,500 shares |
RNFI Services IPO subscribed 221.49x in total, whereas SAR Televenture FPO subscribed 7.49x.
| RNFI Services IPO | SAR Televenture FPO | |
|---|---|---|
| QIB (times) | 140.66x | 8.31x |
| NII (times) | 513.31x | 8.34x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.62x | 6.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.49x | 7.49x |
