Comparison between P S Raj Steels IPO and Solarium Green Energy IPO.
P S Raj Steels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Solarium Green Energy IPO is a SME Bookbuilding proposed to list at BSE SME.
| P S Raj Steels IPO | Solarium Green Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Khambatta Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of P S Raj Steels IPO is up to ₹26.87 Cr whereas the issue size of the Solarium Green Energy IPO is up to ₹99.56 Cr. The final issue price of P S Raj Steels IPO is ₹140.00 per share and of Solarium Green Energy IPO is ₹191.00 per share.
| P S Raj Steels IPO | Solarium Green Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹132.00 per share | ₹181.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹191.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹191.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 600 shares |
| Fresh Issue Size | 19,19,000 shares | 52,12,800 shares |
| Fresh Issue Size (Amount) | up to ₹26.87 Cr | up to ₹99.56 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 | 19,19,000 shares | 52,12,800 shares |
| Issue Size Total (Amount) | up to ₹26.87 Cr | up to ₹99.56 Cr |
P S Raj Steels IPO opens on Feb 12, 2025, while Solarium Green Energy IPO opens on Feb 06, 2025. The closing date of P S Raj Steels IPO and Solarium Green Energy IPO is Feb 14, 2025, and Feb 10, 2025, respectively.
| P S Raj Steels IPO | Solarium Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Feb 11, 2025 | Feb 05, 2025 |
| Issue Open | Feb 12, 2025 | Feb 06, 2025 |
| Issue Close | Feb 14, 2025 | Feb 10, 2025 |
| Basis Of Allotment (Tentative) | Feb 17, 2025 | Feb 11, 2025 |
| Initiation of Refunds (Tentative) | Feb 18, 2025 | Feb 12, 2025 |
| Credit of Share (Tentative) | Feb 18, 2025 | Feb 12, 2025 |
| Listing date (Tentative) | Feb 19, 2025 | Feb 13, 2025 |
| Anchor Lockin End date 1 | Mar 19, 2025 | Mar 13, 2025 |
| Anchor Lockin End date 2 | May 18, 2025 | May 12, 2025 |
P S Raj Steels IPO P/E ratio is 12.14, as compared to Solarium Green Energy IPO P/E ratio of 18.81.
| P S Raj Steels IPO | Solarium Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | PS Raj Steels Limited Financial Information (Restated)
| Solarium Green Energy Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 78.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.20 | 57.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.14 | 18.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹105.54 Cr. | ₹398.23 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.79% | 124.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.64% | 54.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.58 | 1.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.53 | ₹10.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.79% | 76.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the P S Raj Steels IPO Retail Individual Investors (RII) are offered 6,65,000 shares while in Solarium Green Energy IPO retail investors are offered 6,65,000 shares. Qualified Institutional Buyers (QIB) are offered 3,80,000 shares in P S Raj Steels IPO and 10,42,800 shares in Solarium Green Energy IPO.
| P S Raj Steels IPO | Solarium Green Energy IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,69,000 shares | 15,63,000 shares |
| Market Maker Reserveration | 1,01,000 shares | 2,86,800 shares |
| QIB | 3,80,000 shares | 10,42,800 shares |
| NII | 2,85,000 shares | 7,82,400 shares |
| RII | 6,65,000 shares | 18,24,600 shares |
| Employee | 20,000 shares | 0 shares |
| Others | ||
| Total | 19,19,000 shares | 52,12,800 shares |
P S Raj Steels IPO subscribed 9.82x in total, whereas Solarium Green Energy IPO subscribed 8.83x.
| P S Raj Steels IPO | Solarium Green Energy IPO | |
|---|---|---|
| QIB (times) | 1.21x | 8.51x |
| NII (times) | 21.39x | 18.04x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 10.04x | 5.07x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.82x | 8.83x |
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