Comparison between Ridings Consulting Engineers IPO and Tara Chand Logistic IPO.
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 IPO | Tara Chand Logistic IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Sharex Dynamic (India) Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Tara 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 Size | 8000 shares | 2000 shares |
| Fresh Issue Size | 34,56,000 shares | 35,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.22 Cr | up to ₹19.40 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 | 34,56,000 shares | 35,28,000 shares |
| Issue Size Total (Amount) | up to ₹6.22 Cr | up to ₹19.40 Cr |
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 IPO | Tara Chand Logistic IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 14, 2018 | Mar 13, 2018 |
| Issue Close | Mar 16, 2018 | Mar 15, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 26, 2018 | Mar 23, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ridings Consulting Engineers IPO P/E ratio is , as compared to Tara Chand Logistic IPO P/E ratio of .
| Ridings Consulting Engineers IPO | Tara Chand Logistic IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹22.39 Cr. | ₹75.05 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Tara Chand Logistic IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,84,000 shares | 1,92,000 shares |
| QIB | ||
| NII | 17,28,000 shares | 17,64,000 shares |
| RII | 17,28,000 shares | 17,64,000 shares |
| Employee | ||
| Others | ||
| Total | 34,56,000 shares | 35,28,000 shares |
Ridings Consulting Engineers IPO subscribed 1.32x in total, whereas Tara Chand Logistic IPO subscribed 2.76x.
| Ridings Consulting Engineers IPO | Tara Chand Logistic IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.81x | 2.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.83x | 2.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.32x | 2.76x |
