RKEC Projects IPO vs Share India Securities IPO

Comparison between RKEC Projects IPO and Share India Securities IPO.

IPO Details

RKEC Projects IPO is a SME Fixed Price IPO proposed to list at NSE SME while Share India Securities IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of RKEC Projects IPO is up to ₹27.24 Cr whereas the issue size of the Share India Securities IPO is up to ₹25.04 Cr. The final issue price of RKEC Projects IPO is ₹45.00 per share and of Share India Securities IPO is ₹41.00 per share.

 RKEC Projects IPOShare India Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹41.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size43,54,000 shares56,08,000 shares
Fresh Issue Size (Amount)up to ₹19.59 Crup to ₹22.99 Cr
OFS Issue Size17,00,000 shares5,00,000 shares
OFS Issue Size (Amount)up to ₹7.65 Crup to ₹2.05 Cr
Issue Size Total60,54,000 shares61,08,000 shares
Issue Size Total (Amount)up to ₹27.24 Crup to ₹25.04 Cr

IPO Timetable

RKEC Projects IPO opens on Sep 25, 2017, while Share India Securities IPO opens on Sep 21, 2017. The closing date of RKEC Projects IPO and Share India Securities IPO is Sep 28, 2017, and Sep 26, 2017, respectively.

 RKEC Projects IPOShare India Securities IPO
Issue OpenSep 25, 2017Sep 21, 2017
Issue CloseSep 28, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Oct 04, 2017Sep 29, 2017
Listing date (Tentative)Oct 09, 2017Oct 05, 2017

Financials & KPIs

RKEC Projects IPO P/E ratio is , as compared to Share India Securities IPO P/E ratio of .

 RKEC Projects IPOShare India Securities IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets112.53112.4956.40
Total Income200.12113.5171.75
Profit After Tax13.133.191.96
NET Worth39.0825.6322.43
Reserves and Surplus19.7715.9712.78
Total Borrowing0.4214.989.84
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets103.8581.5158.46
Total Income110.1473.9933.37
Profit After Tax8.146.283.35
NET Worth33.0424.9017.39
Reserves and Surplus28.4220.2813.15
Total Borrowing30.5220.7018.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%98.72%
Promoter Shareholding (Post-Issue)73.41%72.70%
Market Cap₹107.96 Cr.₹100.14 Cr.

Shares Offered

In the RKEC Projects IPO Retail Individual Investors (RII) are offered 30,27,000 shares while in Share India Securities IPO retail investors are offered 30,27,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in RKEC Projects IPO and 0 shares in Share India Securities IPO.

 RKEC Projects IPOShare India Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,24,000 shares3,24,000 shares
QIB0 shares0 shares
NII30,27,000 shares30,54,000 shares
RII30,27,000 shares30,54,000 shares
Employee0 shares0 shares
Total60,54,000 shares61,08,000 shares

Bids Received (Subscription)

RKEC Projects IPO subscribed 19.15x in total, whereas Share India Securities IPO subscribed 4.03x.

 RKEC Projects IPOShare India Securities IPO
NII (times)30.37x4.10x
RII (times)7.92x3.95x
Total (times)19.15x4.03x

Compare with others

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RKEC Projects IPO Vs Share India Securities IPO