Rajeshwari Cans IPO vs Siddhika Coatings IPO

Comparison between Rajeshwari Cans IPO and Siddhika Coatings IPO.

IPO Details

Rajeshwari Cans IPO is a SME Fixed Price IPO proposed to list at BSE SME while Siddhika Coatings IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Rajeshwari Cans IPO is up to ₹3.82 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.46 Cr. The final issue price of Rajeshwari Cans IPO is ₹20.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

 Rajeshwari Cans IPOSiddhika Coatings IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size19,08,000 shares7,82,000 shares
Fresh Issue Size (Amount)up to ₹3.82 Crup to ₹4.46 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,08,000 shares7,82,000 shares
Issue Size Total (Amount)up to ₹3.82 Crup to ₹4.46 Cr

IPO Timetable

Rajeshwari Cans IPO opens on Mar 31, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of Rajeshwari Cans IPO and Siddhika Coatings IPO is Apr 06, 2021, and Mar 26, 2021, respectively.

 Rajeshwari Cans IPOSiddhika Coatings IPO
Issue OpenMar 31, 2021Mar 24, 2021
Issue CloseApr 06, 2021Mar 26, 2021
Basis Of Allotment (Tentative)Apr 09, 2021Apr 01, 2021
Initiation of Refunds (Tentative)Apr 12, 2021
Credit of Share (Tentative)Apr 13, 2021
Listing date (Tentative)Apr 15, 2021Apr 07, 2021

Financials & KPIs

Rajeshwari Cans IPO P/E ratio is , as compared to Siddhika Coatings IPO P/E ratio of .

 Rajeshwari Cans IPOSiddhika Coatings IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets14.2112.3513.2211.61
Total Income12.8522.1021.3218.50
Profit After Tax0.130.190.160.11
NET Worth3.702.212.031.98
Reserves and Surplus0.470.340.160.00
Total Borrowing5.965.776.125.64
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets21.4223.0220.5515.35
Total Income6.1530.4232.2422.15
Profit After Tax0.202.963.512.56
EBITDA0.334.265.013.66
NET Worth17.1916.9914.5711.47
Reserves and Surplus14.9214.7214.3511.25
Total Borrowing0.330.330.330.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%83.64%
Promoter Shareholding (Post-Issue)61.71%61.34%
Market Cap₹10.49 Cr.₹17.61 Cr.

Shares Offered

In the Rajeshwari Cans IPO Retail Individual Investors (RII) are offered 9,54,000 shares while in Siddhika Coatings IPO retail investors are offered 9,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Rajeshwari Cans IPO and in Siddhika Coatings IPO.

 Rajeshwari Cans IPOSiddhika Coatings IPO
Market Maker Reservation1,08,000 shares42,000 shares
NII9,54,000 shares3,90,000 shares
RII9,54,000 shares3,92,000 shares
Total19,08,000 shares7,82,000 shares

Bids Received (Subscription)

Rajeshwari Cans IPO subscribed 1.40x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

 Rajeshwari Cans IPOSiddhika Coatings IPO
NII (times)1.60x2.33x
RII (times)1.19x2.86x
Total (times)1.40x2.60x

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Rajeshwari Cans IPO Vs Siddhika Coatings IPO