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Richa Info Systems IPO vs Shigan Quantum Technologies IPO

Comparison between Richa Info Systems IPO and Shigan Quantum Technologies IPO.

IPO Details

Richa Info Systems IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shigan Quantum Technologies IPO is a SME Fixed Price proposed to list at NSE SME.

 Richa Info Systems IPOShigan Quantum Technologies IPO
LogoRicha Info Systems IPO LogoShigan Quantum Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSunflower Broking Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Richa Info Systems IPO is up to ₹9.50 Cr whereas the issue size of the Shigan Quantum Technologies IPO is up to ₹21.56 Cr. The final issue price of Richa Info Systems IPO is ₹125.00 per share and of Shigan Quantum Technologies IPO is ₹50.00 per share.

 Richa Info Systems IPOShigan Quantum Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹125.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares3000 shares
Fresh Issue Size7,60,000 shares43,11,000 shares
Fresh Issue Size (Amount)up to ₹9.50 Crup to ₹21.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total7,60,000 shares43,11,000 shares
Issue Size Total (Amount)up to ₹9.50 Crup to ₹21.56 Cr

IPO Timetable

Richa Info Systems IPO opens on Feb 09, 2022, while Shigan Quantum Technologies IPO opens on Feb 28, 2022. The closing date of Richa Info Systems IPO and Shigan Quantum Technologies IPO is Feb 11, 2022, and Mar 03, 2022, respectively.

 Richa Info Systems IPOShigan Quantum Technologies IPO
Anchor Bid Date
Issue OpenFeb 09, 2022Feb 28, 2022
Issue CloseFeb 11, 2022Mar 03, 2022
Basis Of Allotment (Tentative)Feb 16, 2022Mar 08, 2022
Initiation of Refunds (Tentative)Feb 17, 2022Mar 09, 2022
Credit of Share (Tentative)Feb 17, 2022Mar 10, 2022
Listing date (Tentative)Feb 21, 2022Mar 11, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Richa Info Systems IPO P/E ratio is 41.67, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.

 Richa Info Systems IPOShigan Quantum Technologies IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Nov-21 31-Mar-21 31-Mar-20
Total Assets 172.13 88.38 40.65
Total Revenue 139.68 201.13 175.62
Profit After Tax 4.85 7.22 3.34
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  31-Aug-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 4,679.17 4,529.57 2,473.48 2,205.65
Total Revenue 6,439.76 9,602.26 7,278.78 6,908.42
Profit After Tax 289.29 351.34 292.07 266.07
Promoter Shareholding (Pre-Issue)100
Promoter Shareholding (Post-Issue)73.63
P/E Ratio41.6712.41
Market Cap₹30.38 Cr.₹86.08 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Richa Info Systems IPO Retail Individual Investors (RII) are offered 3,80,000 shares while in Shigan Quantum Technologies IPO retail investors are offered 3,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Richa Info Systems IPO and in Shigan Quantum Technologies IPO.

 Richa Info Systems IPOShigan Quantum Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration40,000 shares2,28,000 shares
QIB
NII3,80,000 shares21,54,000 shares
RII3,80,000 shares21,57,000 shares
Employee
Others
Total7,60,000 shares43,11,000 shares

Bids Received (Subscription)

Richa Info Systems IPO subscribed 5.05x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.

 Richa Info Systems IPOShigan Quantum Technologies IPO
QIB (times)
NII (times)3.16x27.70x
Big NII (times)
Small NII (times)
RII (times)6.94x8.21x
Employee (times)
Other (times)
Total (times)5.05x17.95x