R M Drip IPO vs Sri Krishna Metcom IPO

Comparison between R M Drip IPO and Sri Krishna Metcom IPO.

IPO Details

R M Drip IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sri Krishna Metcom IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of R M Drip IPO is up to ₹10.83 Cr whereas the issue size of the Sri Krishna Metcom IPO is up to ₹18.26 Cr. The final issue price of R M Drip IPO is ₹57.00 per share and of Sri Krishna Metcom IPO is ₹55.00 per share.

 R M Drip IPOSri Krishna Metcom IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹57.00 per share
Issue Price (Final)₹57.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size19,00,000 shares4,20,000 shares
Fresh Issue Size (Amount)up to ₹10.83 Crup to ₹2.31 Cr
OFS Issue Size0 shares29,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹15.95 Cr
Issue Size Total19,00,000 shares33,20,000 shares
Issue Size Total (Amount)up to ₹10.83 Crup to ₹18.26 Cr

IPO Timetable

R M Drip IPO opens on Sep 19, 2017, while Sri Krishna Metcom IPO opens on Sep 14, 2017. The closing date of R M Drip IPO and Sri Krishna Metcom IPO is Sep 25, 2017, and Sep 18, 2017, respectively.

 R M Drip IPOSri Krishna Metcom IPO
Issue OpenSep 19, 2017Sep 14, 2017
Issue CloseSep 25, 2017Sep 18, 2017
Basis Of Allotment (Tentative)Sep 28, 2017Sep 21, 2017
Listing date (Tentative)Oct 04, 2017Sep 26, 2017

Financials & KPIs

R M Drip IPO P/E ratio is , as compared to Sri Krishna Metcom IPO P/E ratio of .

 R M Drip IPOSri Krishna Metcom IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets23.7310.305.19
Total Income28.7311.795.79
Profit After Tax1.360.320.24
NET Worth3.882.521.28
Reserves and Surplus1.501.120.80
Total Borrowing11.423.842.41
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets34.1932.5532.57
Total Income82.1181.0479.03
Profit After Tax1.030.860.88
NET Worth13.8412.8111.95
Reserves and Surplus1.200.17-0.69
Total Borrowing3.625.906.59
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%
Promoter Shareholding (Post-Issue)73.55%
Market Cap₹38.13 Cr.₹72.78 Cr.

Shares Offered

In the R M Drip IPO Retail Individual Investors (RII) are offered 9,50,000 shares while in Sri Krishna Metcom IPO retail investors are offered 9,50,000 shares. Qualified Institutional Buyers (QIB) are offered in R M Drip IPO and 0 shares in Sri Krishna Metcom IPO.

 R M Drip IPOSri Krishna Metcom IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,10,000 shares1,80,000 shares
QIB0 shares
NII9,50,000 shares16,60,000 shares
RII9,50,000 shares16,60,000 shares
Employee0 shares
Total19,00,000 shares33,20,000 shares

Bids Received (Subscription)

R M Drip IPO subscribed 1.27x in total, whereas Sri Krishna Metcom IPO subscribed 1.21x.

 R M Drip IPOSri Krishna Metcom IPO
NII (times)1.53x2.15x
RII (times)1.00x0.27x
Total (times)1.27x1.21x

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