RO Jewels IPO vs SM Auto Stamping IPO

Comparison between RO Jewels IPO and SM Auto Stamping IPO.

IPO Details

RO Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while SM Auto Stamping IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of RO Jewels IPO is up to ₹4.67 Cr whereas the issue size of the SM Auto Stamping IPO is up to ₹6.55 Cr. The final issue price of RO Jewels IPO is ₹36.00 per share and of SM Auto Stamping IPO is ₹18.00 per share.

 RO Jewels IPOSM Auto Stamping IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹36.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares8000 shares
Fresh Issue Size12,96,000 shares36,40,000 shares
Fresh Issue Size (Amount)up to ₹4.67 Crup to ₹6.55 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,96,000 shares36,40,000 shares
Issue Size Total (Amount)up to ₹4.67 Crup to ₹6.55 Cr

IPO Timetable

RO Jewels IPO opens on Mar 12, 2020, while SM Auto Stamping IPO opens on Mar 03, 2020. The closing date of RO Jewels IPO and SM Auto Stamping IPO is Mar 17, 2020, and Mar 05, 2020, respectively.

 RO Jewels IPOSM Auto Stamping IPO
Issue OpenMar 12, 2020Mar 03, 2020
Issue CloseMar 17, 2020Mar 05, 2020
Basis Of Allotment (Tentative)Mar 20, 2020Mar 11, 2020
Initiation of Refunds (Tentative)Mar 23, 2020Mar 12, 2020
Credit of Share (Tentative)Mar 24, 2020Mar 13, 2020
Listing date (Tentative)Mar 25, 2020Mar 16, 2020

Financials & KPIs

RO Jewels IPO P/E ratio is 34, as compared to SM Auto Stamping IPO P/E ratio of 300.

 RO Jewels IPOSM Auto Stamping IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets5.801.792.301.56
Total Income10.474.249.765.74
Profit After Tax0.150.010.070.06
NET Worth5.171.78
Reserves and Surplus2.221.260.010.01
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets47.2653.3252.8952.52
Total Income32.2276.3065.9053.36
Profit After Tax0.043.070.74-1.77
EBITDA1.706.573.191.64
NET Worth11.2511.218.557.71
Reserves and Surplus0.819.907.256.41
Total Borrowing23.8621.5421.5026.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.38%100%
Promoter Shareholding (Post-Issue)45.26%73.12%
P/E Ratio34300
Market Cap₹10.20 Cr.₹25.72 Cr.

Shares Offered

In the RO Jewels IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in SM Auto Stamping IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered in RO Jewels IPO and in SM Auto Stamping IPO.

 RO Jewels IPOSM Auto Stamping IPO
Market Maker Reservation69,000 shares2,00,000 shares
NII6,48,000 shares18,16,000 shares
RII6,48,000 shares18,24,000 shares
Total12,96,000 shares36,40,000 shares

Bids Received (Subscription)

RO Jewels IPO subscribed 1.19x in total, whereas SM Auto Stamping IPO subscribed 1.34x.

 RO Jewels IPOSM Auto Stamping IPO
NII (times)1.95x2.22x
RII (times)0.43x0.47x
Total (times)1.19x1.34x

Compare with others

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RO Jewels IPO Vs SM Auto Stamping IPO