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.
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.
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.
Financials & KPIs
Ridings Consulting Engineers IPO P/E ratio is , as compared to Tara Chand Logistic IPO P/E ratio of .
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 0 shares in Ridings Consulting Engineers IPO and 0 shares in Tara Chand Logistic IPO.
| | Ridings Consulting Engineers IPO | Tara Chand Logistic IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,84,000 shares | 1,92,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 17,28,000 shares | 17,64,000 shares |
| RII | 17,28,000 shares | 17,64,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 34,56,000 shares | 35,28,000 shares |
Bids Received (Subscription)
Ridings Consulting Engineers IPO subscribed 1.32x in total, whereas Tara Chand Logistic IPO subscribed 2.76x.
