Comparison between Rays of Belief IPO and SEDEMAC Mechatronics IPO.
Rays of Belief IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SEDEMAC Mechatronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rays of Belief IPO is up to ₹0.00 Cr whereas the issue size of the SEDEMAC Mechatronics IPO is up to ₹1,087.35 Cr. The final issue price of Rays of Belief IPO is and of SEDEMAC Mechatronics IPO is ₹1,352.00 per share.
| Rays of Belief IPO | SEDEMAC Mechatronics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹1,287.00 per share | |
| Issue Price (Upper) | ₹1,352.00 per share | |
| Issue Price (Final) | ₹1,352.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ₹128.00 per share | |
| Market Lot Size | 11 shares | |
| Fresh Issue Size | 60,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 80,43,300 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,087.35 Cr |
| Issue Size Total | 60,00,000 shares | 80,43,300 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹1,087.35 Cr |
Rays of Belief IPO opens on , while SEDEMAC Mechatronics IPO opens on Mar 04, 2026. The closing date of Rays of Belief IPO and SEDEMAC Mechatronics IPO is , and Mar 06, 2026, respectively.
| Rays of Belief IPO | SEDEMAC Mechatronics IPO | |
|---|---|---|
| Anchor Bid Date | Mar 02, 2026 | |
| Issue Open | Mar 04, 2026 | |
| Issue Close | Mar 06, 2026 | |
| Basis Of Allotment (Tentative) | Mar 09, 2026 | |
| Initiation of Refunds (Tentative) | Mar 10, 2026 | |
| Credit of Share (Tentative) | Mar 10, 2026 | |
| Listing date (Tentative) | Mar 11, 2026 | |
| Anchor Lockin End date 1 | Apr 07, 2026 | |
| Anchor Lockin End date 2 | Jun 06, 2026 |
Rays of Belief IPO P/E ratio is , as compared to SEDEMAC Mechatronics IPO P/E ratio of 126.91.
| Rays of Belief IPO | SEDEMAC Mechatronics IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.93 | 26.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 26.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 126.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5970.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.56% | 22.01% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 7.49% | 33.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.29 | 0.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 56.56% | 15.48% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rays of Belief IPO Retail Individual Investors (RII) are offered 0 shares while in SEDEMAC Mechatronics IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Rays of Belief IPO and 16,07,164 shares in SEDEMAC Mechatronics IPO.
| Rays of Belief IPO | SEDEMAC Mechatronics IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 24,10,401 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 0 shares | 16,07,164 shares |
| NII | 0 shares | 12,05,270 shares |
| RII | 0 shares | 28,12,296 shares |
| Employee | 0 shares | 8,169 shares |
| Others | ||
| Total | 0 shares | 80,43,300 shares |
Rays of Belief IPO subscribed in total, whereas SEDEMAC Mechatronics IPO subscribed 2.68x.
| Rays of Belief IPO | SEDEMAC Mechatronics IPO | |
|---|---|---|
| QIB (times) | 8.46x | |
| NII (times) | 0.77x | |
| Big NII (times) | 0.89x | |
| Small NII (times) | 0.53x | |
| RII (times) | 0.20x | |
| Employee (times) | 2.95x | |
| Other (times) | ||
| Total (times) | 2.68x |
