Comparison between Riddhi Corporate IPO and Shri Ram Switchgears IPO.
Riddhi Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shri Ram Switchgears IPO is a SME Fixed Price proposed to list at NSE SME.
| Riddhi Corporate IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Choice Equity 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 Riddhi Corporate IPO is up to ₹11.70 Cr whereas the issue size of the Shri Ram Switchgears IPO is up to ₹4.81 Cr. The final issue price of Riddhi Corporate IPO is ₹130.00 per share and of Shri Ram Switchgears IPO is ₹19.00 per share.
| Riddhi Corporate IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹130.00 per share | ₹19.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 6000 shares |
| Fresh Issue Size | 9,00,000 shares | 25,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.70 Cr | up to ₹4.81 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 9,00,000 shares | 25,32,000 shares |
| Issue Size Total (Amount) | up to ₹11.70 Cr | up to ₹4.81 Cr |
Riddhi Corporate IPO opens on Jun 12, 2017, while Shri Ram Switchgears IPO opens on May 25, 2017. The closing date of Riddhi Corporate IPO and Shri Ram Switchgears IPO is Jun 15, 2017, and May 30, 2017, respectively.
| Riddhi Corporate IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 12, 2017 | May 25, 2017 |
| Issue Close | Jun 15, 2017 | May 30, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 22, 2017 | Jun 07, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Riddhi Corporate IPO P/E ratio is 16, as compared to Shri Ram Switchgears IPO P/E ratio of .
| Riddhi Corporate IPO | Shri Ram Switchgears IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 16 | |||||
| Market Cap | ₹42.25 Cr. | ₹19.02 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Riddhi Corporate IPO Retail Individual Investors (RII) are offered 4,50,000 shares while in Shri Ram Switchgears IPO retail investors are offered 4,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Riddhi Corporate IPO and in Shri Ram Switchgears IPO.
| Riddhi Corporate IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 50,000 shares | 1,38,000 shares |
| QIB | ||
| NII | 4,50,000 shares | 12,66,000 shares |
| RII | 4,50,000 shares | 12,66,000 shares |
| Employee | ||
| Others | ||
| Total | 9,00,000 shares | 25,32,000 shares |
Riddhi Corporate IPO subscribed 2.22x in total, whereas Shri Ram Switchgears IPO subscribed 72.49x.
| Riddhi Corporate IPO | Shri Ram Switchgears IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.78x | 56.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.66x | 88.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.22x | 72.49x |
