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Ridings Consulting Engineers IPO vs Tara Chand Logistic IPO

Comparison between Ridings Consulting Engineers IPO and Tara Chand Logistic IPO.

IPO Details

Ridings Consulting Engineers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tara Chand Logistic IPO is a SME Fixed Price proposed to list at NSE SME.

 Ridings Consulting Engineers IPOTara Chand Logistic IPO
LogoRidings Consulting Engineers IPO LogoTara Chand Logistic IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Sharex Dynamic (India) Pvt.Ltd.
Market MakerBeeline Broking Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ridings Consulting Engineers IPO is up to ₹6.22 Cr whereas the issue size of the Tara Chand Logistic IPO is up to ₹19.40 Cr. The final issue price of Ridings Consulting Engineers IPO is ₹18.00 per share and of Tara Chand Logistic IPO is ₹55.00 per share.

 Ridings Consulting Engineers IPOTara Chand Logistic IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹18.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size8000 shares2000 shares
Fresh Issue Size34,56,000 shares35,28,000 shares
Fresh Issue Size (Amount)up to ₹6.22 Crup to ₹19.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,56,000 shares35,28,000 shares
Issue Size Total (Amount)up to ₹6.22 Crup to ₹19.40 Cr

IPO Timetable

Ridings Consulting Engineers IPO opens on Mar 14, 2018, while Tara Chand Logistic IPO opens on Mar 13, 2018. The closing date of Ridings Consulting Engineers IPO and Tara Chand Logistic IPO is Mar 16, 2018, and Mar 15, 2018, respectively.

 Ridings Consulting Engineers IPOTara Chand Logistic IPO
Anchor Bid Date
Issue OpenMar 14, 2018Mar 13, 2018
Issue CloseMar 16, 2018Mar 15, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Mar 26, 2018Mar 23, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ridings Consulting Engineers IPO P/E ratio is , as compared to Tara Chand Logistic IPO P/E ratio of .

 Ridings Consulting Engineers IPOTara Chand Logistic IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2,358.79 2,252.43 1,925.27 1,626.02 1,339.76
Total Revenue 1,690.14 1,427.25 1,357.20 1,352.44 1,513.65
Profit After Tax 101.75 52.09 106.88 116.91 74.00
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 6,626.79 4,613.09 4,783.08 4,450.85 2,058.04
Total Revenue 5265.07 4621.68 3925.04 2397.71 2258.67
Profit After Tax 262.97 118.74 69.16 65.54 55.96
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ridings Consulting Engineers IPO Retail Individual Investors (RII) are offered 17,28,000 shares while in Tara Chand Logistic IPO retail investors are offered 17,28,000 shares. Qualified Institutional Buyers (QIB) are offered in Ridings Consulting Engineers IPO and in Tara Chand Logistic IPO.

 Ridings Consulting Engineers IPOTara Chand Logistic IPO
Anchor Investor Reserveration
Market Maker Reserveration1,84,000 shares1,92,000 shares
QIB
NII17,28,000 shares17,64,000 shares
RII17,28,000 shares17,64,000 shares
Employee
Others
Total34,56,000 shares35,28,000 shares

Bids Received (Subscription)

Ridings Consulting Engineers IPO subscribed 1.32x in total, whereas Tara Chand Logistic IPO subscribed 2.76x.

 Ridings Consulting Engineers IPOTara Chand Logistic IPO
QIB (times)
NII (times)0.81x2.64x
Big NII (times)
Small NII (times)
RII (times)1.83x2.88x
Employee (times)
Other (times)
Total (times)1.32x2.76x