Comparison between Rachana Infrastructure IPO and Shashwat Furnishing IPO.
Rachana Infrastructure IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shashwat Furnishing IPO is a SME Fixed Price proposed to list at BSE SME.
| Rachana Infrastructure IPO | Shashwat Furnishing 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. | Beeline Broking Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Sunflower 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 Shashwat Furnishing IPO is up to ₹2.38 Cr. The final issue price of Rachana Infrastructure IPO is ₹135.00 per share and of Shashwat Furnishing IPO is ₹45.00 per share.
| Rachana Infrastructure IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹135.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 25,41,000 shares | 5,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹34.30 Cr | up to ₹2.38 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 | 5,28,000 shares |
| Issue Size Total (Amount) | up to ₹72.44 Cr | up to ₹2.38 Cr |
Rachana Infrastructure IPO opens on May 20, 2022, while Shashwat Furnishing IPO opens on Apr 20, 2022. The closing date of Rachana Infrastructure IPO and Shashwat Furnishing IPO is Jun 02, 2022, and Apr 25, 2022, respectively.
| Rachana Infrastructure IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 20, 2022 | Apr 20, 2022 |
| Issue Close | Jun 02, 2022 | Apr 25, 2022 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 10, 2022 | May 04, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rachana Infrastructure IPO P/E ratio is 138, as compared to Shashwat Furnishing IPO P/E ratio of 53.6.
| Rachana Infrastructure IPO | Shashwat Furnishing IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 83.44 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 73.28 | |||||
| P/E Ratio | 138 | 53.6 | ||||
| Market Cap | ₹256.75 Cr. | ₹9.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | 0.57 | |||||
| EPS | ₹8.66 | ₹10.00 | ||||
| RoNW | 11.63 | 0 |
In the Rachana Infrastructure IPO Retail Individual Investors (RII) are offered 26,83,000 shares while in Shashwat Furnishing IPO retail investors are offered 26,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Rachana Infrastructure IPO and in Shashwat Furnishing IPO.
| Rachana Infrastructure IPO | Shashwat Furnishing IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,84,000 shares | 30,000 shares |
| QIB | ||
| NII | 26,83,000 shares | 2,64,000 shares |
| RII | 26,83,000 shares | 2,64,000 shares |
| Employee | ||
| Others | ||
| Total | 53,66,000 shares | 5,28,000 shares |
Rachana Infrastructure IPO subscribed 1.21x in total, whereas Shashwat Furnishing IPO subscribed 4.62x.
| Rachana Infrastructure IPO | Shashwat Furnishing IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.82x | 2.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.60x | 6.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 4.62x |
