Comparison between Rachana Infrastructure IPO and Scarnose International IPO.
Rachana Infrastructure IPO is a SME Fixed Price IPO proposed to list at NSE SME while Scarnose International IPO is a SME Fixed Price proposed to list at BSE SME.
| Rachana Infrastructure IPO | Scarnose International IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Interactive Financial Services Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Econo Broking Pvt.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 Rachana Infrastructure IPO is up to ₹72.44 Cr whereas the issue size of the Scarnose International IPO is up to ₹6.27 Cr. The final issue price of Rachana Infrastructure IPO is ₹135.00 per share and of Scarnose International IPO is ₹55.00 per share.
| Rachana Infrastructure IPO | Scarnose International IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹135.00 per share | ₹55.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 25,41,000 shares | 11,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹34.30 Cr | up to ₹6.27 Cr |
| OFS Issue Size | 28,25,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹38.14 Cr | up to ₹0.00 Cr |
| Issue Size Total | 53,66,000 shares | 11,40,000 shares |
| Issue Size Total (Amount) | up to ₹72.44 Cr | up to ₹6.27 Cr |
Rachana Infrastructure IPO opens on May 20, 2022, while Scarnose International IPO opens on Jun 14, 2022. The closing date of Rachana Infrastructure IPO and Scarnose International IPO is Jun 02, 2022, and Jun 17, 2022, respectively.
| Rachana Infrastructure IPO | Scarnose International IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 20, 2022 | Jun 14, 2022 |
| Issue Close | Jun 02, 2022 | Jun 17, 2022 |
| Basis Of Allotment (Tentative) | Jun 22, 2022 | |
| Initiation of Refunds (Tentative) | Jun 23, 2022 | |
| Credit of Share (Tentative) | Jun 24, 2022 | |
| Listing date (Tentative) | Jun 10, 2022 | Jun 27, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rachana Infrastructure IPO P/E ratio is 138, as compared to Scarnose International IPO P/E ratio of 51.89.
| Rachana Infrastructure IPO | Scarnose International IPO | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.44 | 99.99 | ||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.90 | |||||||||||||||||||||||||||||||
| P/E Ratio | 138 | 51.89 | ||||||||||||||||||||||||||||||
| Market Cap | ₹256.75 Cr. | ₹17.33 Cr. | ||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||
| Debt/Equity | 0.57 | 0.85 | ||||||||||||||||||||||||||||||
| EPS | ₹8.66 | ₹1.76 | ||||||||||||||||||||||||||||||
| RoNW | 11.63 | 9.86 | ||||||||||||||||||||||||||||||
In the Rachana Infrastructure IPO Retail Individual Investors (RII) are offered 26,83,000 shares while in Scarnose International IPO retail investors are offered 26,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Rachana Infrastructure IPO and in Scarnose International IPO.
| Rachana Infrastructure IPO | Scarnose International IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,84,000 shares | 60,000 shares |
| QIB | ||
| NII | 26,83,000 shares | 5,70,000 shares |
| RII | 26,83,000 shares | 5,70,000 shares |
| Employee | ||
| Others | ||
| Total | 53,66,000 shares | 11,40,000 shares |
Rachana Infrastructure IPO subscribed 1.21x in total, whereas Scarnose International IPO subscribed 2.22x.
| Rachana Infrastructure IPO | Scarnose International IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.82x | 2.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.60x | 2.34x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 2.22x |
