Comparison between Reliable Data Services IPO and Siddharth Education IPO.
Reliable Data Services IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siddharth Education IPO is a SME Bookbuilding proposed to list at BSE SME.
| Reliable Data Services IPO | Siddharth Education IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Beeline Broking Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Reliable Data Services IPO is up to ₹14.02 Cr whereas the issue size of the Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of Reliable Data Services IPO is ₹57.00 per share and of Siddharth Education IPO is ₹35.00 per share.
| Reliable Data Services IPO | Siddharth Education IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹30.00 per share | |
| Issue Price (Upper) | ₹35.00 per share | |
| Issue Price (Final) | ₹57.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 24,60,000 shares | 29,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.02 Cr | up to ₹10.33 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 | 24,60,000 shares | 29,52,000 shares |
| Issue Size Total (Amount) | up to ₹14.02 Cr | up to ₹10.33 Cr |
Reliable Data Services IPO opens on Sep 27, 2017, while Siddharth Education IPO opens on Sep 29, 2017. The closing date of Reliable Data Services IPO and Siddharth Education IPO is Oct 03, 2017, and Oct 05, 2017, respectively.
| Reliable Data Services IPO | Siddharth Education IPO | |
|---|---|---|
| Issue Open | Sep 27, 2017 | Sep 29, 2017 |
| Issue Close | Oct 03, 2017 | Oct 05, 2017 |
| Basis Of Allotment (Tentative) | Oct 09, 2017 | Oct 10, 2017 |
| Listing date (Tentative) | Oct 11, 2017 | Oct 12, 2017 |
Reliable Data Services IPO P/E ratio is 30, as compared to Siddharth Education IPO P/E ratio of .
| Reliable Data Services IPO | Siddharth Education IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 98.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.77% | 72.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹49.02 Cr. | ₹40.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Reliable Data Services IPO Retail Individual Investors (RII) are offered 12,30,000 shares while in Siddharth Education IPO retail investors are offered 12,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Reliable Data Services IPO and 0 shares in Siddharth Education IPO.
| Reliable Data Services IPO | Siddharth Education IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,40,000 shares | 1,56,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 12,30,000 shares | 14,76,000 shares |
| RII | 12,30,000 shares | 14,76,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 24,60,000 shares | 29,52,000 shares |
Reliable Data Services IPO subscribed 47.65x in total, whereas Siddharth Education IPO subscribed 1.35x.
| Reliable Data Services IPO | Siddharth Education IPO | |
|---|---|---|
| NII (times) | 81.72x | 1.86x |
| RII (times) | 13.57x | 0.84x |
| Total (times) | 47.65x | 1.35x |
