Comparison between Rainbow Children's Medicare IPO and Syrma SGS Technology IPO.
Rainbow Children's Medicare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Syrma SGS Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rainbow Children's Medicare IPO is up to ₹1,580.85 Cr whereas the issue size of the Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of Rainbow Children's Medicare IPO is ₹542.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.
| Rainbow Children's Medicare IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹516.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹542.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹542.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 27 shares | 68 shares |
| Fresh Issue Size | 51,67,679 shares | 3,48,18,181 shares |
| Fresh Issue Size (Amount) | up to ₹280.07 Cr | up to ₹766.00 Cr |
| OFS Issue Size | 2,40,00,900 shares | 33,69,360 shares |
| OFS Issue Size (Amount) | up to ₹1,300.78 Cr | up to ₹74.13 Cr |
| Issue Size Total | 2,91,68,579 shares | 3,81,87,541 shares |
| Issue Size Total (Amount) | up to ₹1,580.85 Cr | up to ₹840.13 Cr |
Rainbow Children's Medicare IPO opens on Apr 27, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of Rainbow Children's Medicare IPO and Syrma SGS Technology IPO is Apr 29, 2022, and Aug 18, 2022, respectively.
| Rainbow Children's Medicare IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Bid Date | Apr 26, 2022 | Aug 11, 2022 |
| Issue Open | Apr 27, 2022 | Aug 12, 2022 |
| Issue Close | Apr 29, 2022 | Aug 18, 2022 |
| Basis Of Allotment (Tentative) | May 05, 2022 | Aug 23, 2022 |
| Initiation of Refunds (Tentative) | May 06, 2022 | Aug 24, 2022 |
| Credit of Share (Tentative) | May 09, 2022 | Aug 25, 2022 |
| Listing date (Tentative) | May 10, 2022 | Aug 26, 2022 |
| Anchor Lockin End date 1 | Jun 04, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 2 | Aug 03, 2022 | Nov 21, 2022 |
Rainbow Children's Medicare IPO P/E ratio is 43.53, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.
| Rainbow Children's Medicare IPO | Syrma SGS Technology IPO | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated)
| ||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 62.19 | |||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 49.83 | |||||||||||||||||||||||
| P/E Ratio | 43.53 | 50.69 | ||||||||||||||||||||||
| Market Cap | ₹5501.30 Cr. | ₹3877.04 Cr. | ||||||||||||||||||||||
| ROE | 8.82 | 7.83 | ||||||||||||||||||||||
| ROCE | 10.48 | 18.39 | ||||||||||||||||||||||
| Debt/Equity | 0.11 | 0.24 | ||||||||||||||||||||||
| EPS | ₹4.36 | ₹2.69 | ||||||||||||||||||||||
| RoNW | 8.88 | 7.83 | ||||||||||||||||||||||
In the Rainbow Children's Medicare IPO Retail Individual Investors (RII) are offered 1,01,07,308 shares while in Syrma SGS Technology IPO retail investors are offered 1,01,07,308 shares. Qualified Institutional Buyers (QIB) are offered 57,75,605 shares in Rainbow Children's Medicare IPO and 76,37,508 shares in Syrma SGS Technology IPO.
| Rainbow Children's Medicare IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 86,63,404 shares | 1,14,56,261 shares |
| Market Maker Reservation | ||
| QIB | 57,75,605 shares | 76,37,508 shares |
| NII | 43,31,704 shares | 57,28,132 shares |
| RII | 1,01,07,308 shares | 1,33,65,640 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 2,91,78,021 shares | 3,81,87,541 shares |
Rainbow Children's Medicare IPO subscribed 12.43x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.
| Rainbow Children's Medicare IPO | Syrma SGS Technology IPO | |
|---|---|---|
| QIB (times) | 38.90x | 87.56x |
| NII (times) | 3.73x | 17.50x |
| Big NII (times) | 19.01x | |
| Small NII (times) | 14.47x | |
| RII (times) | 1.38x | 5.53x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 12.43x | 32.61x |
