Comparison between RKEC Projects IPO and Siddharth Education IPO.
RKEC Projects 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.
| RKEC Projects 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 | Hem Securities Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Gretex Share 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 RKEC Projects IPO is up to ₹27.24 Cr whereas the issue size of the Siddharth Education IPO is up to ₹10.33 Cr. The final issue price of RKEC Projects IPO is ₹45.00 per share and of Siddharth Education IPO is ₹35.00 per share.
| RKEC Projects 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) | ₹45.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 43,54,000 shares | 29,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.59 Cr | up to ₹10.33 Cr |
| OFS Issue Size | 17,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.65 Cr | up to ₹0.00 Cr |
| Issue Size Total | 60,54,000 shares | 29,52,000 shares |
| Issue Size Total (Amount) | up to ₹27.24 Cr | up to ₹10.33 Cr |
RKEC Projects IPO opens on Sep 25, 2017, while Siddharth Education IPO opens on Sep 29, 2017. The closing date of RKEC Projects IPO and Siddharth Education IPO is Sep 28, 2017, and Oct 05, 2017, respectively.
| RKEC Projects IPO | Siddharth Education IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 25, 2017 | Sep 29, 2017 |
| Issue Close | Sep 28, 2017 | Oct 05, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 09, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
RKEC Projects IPO P/E ratio is , as compared to Siddharth Education IPO P/E ratio of .
| RKEC Projects IPO | Siddharth Education IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹107.96 Cr. | ₹40.60 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the RKEC Projects IPO Retail Individual Investors (RII) are offered 30,27,000 shares while in Siddharth Education IPO retail investors are offered 30,27,000 shares. Qualified Institutional Buyers (QIB) are offered in RKEC Projects IPO and in Siddharth Education IPO.
| RKEC Projects IPO | Siddharth Education IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,24,000 shares | 1,56,000 shares |
| QIB | ||
| NII | 30,27,000 shares | 14,76,000 shares |
| RII | 30,27,000 shares | 14,76,000 shares |
| Employee | ||
| Others | ||
| Total | 60,54,000 shares | 29,52,000 shares |
RKEC Projects IPO subscribed 19.15x in total, whereas Siddharth Education IPO subscribed 1.35x.
| RKEC Projects IPO | Siddharth Education IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 30.37x | 1.86x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.92x | 0.84x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.15x | 1.35x |
