Comparison between Ramdevbaba Solvent IPO and Teerth Gopicon IPO.
IPO Details
Ramdevbaba Solvent IPO is a SME Fixed Price IPO proposed to list at NSE SME while Teerth Gopicon IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Ramdevbaba Solvent IPO is up to ₹47.60 Cr whereas the issue size of the Teerth Gopicon IPO is up to ₹42.17 Cr. The final issue price of Ramdevbaba Solvent IPO is ₹85.00 per share and of Teerth Gopicon IPO is ₹111.00 per share.
IPO Timetable
Ramdevbaba Solvent IPO opens on Apr 15, 2024, while Teerth Gopicon IPO opens on Apr 08, 2024. The closing date of Ramdevbaba Solvent IPO and Teerth Gopicon IPO is Apr 18, 2024, and Apr 10, 2024, respectively.
| | Ramdevbaba Solvent IPO | Teerth Gopicon IPO |
|---|
| Anchor Bid Date | Apr 12, 2024 | |
| Issue Open | Apr 15, 2024 | Apr 08, 2024 |
| Issue Close | Apr 18, 2024 | Apr 10, 2024 |
| Basis Of Allotment (Tentative) | Apr 19, 2024 | Apr 12, 2024 |
| Initiation of Refunds (Tentative) | Apr 22, 2024 | Apr 15, 2024 |
| Credit of Share (Tentative) | Apr 22, 2024 | Apr 15, 2024 |
| Listing date (Tentative) | Apr 23, 2024 | Apr 16, 2024 |
| Anchor Lockin End date 1 | May 19, 2024 | |
| Anchor Lockin End date 2 | Jul 18, 2024 | |
Financials & KPIs
Ramdevbaba Solvent IPO P/E ratio is 10.6, as compared to Teerth Gopicon IPO P/E ratio of 49.55.
Shares Offered
In the Ramdevbaba Solvent IPO Retail Individual Investors (RII) are offered 19,60,000 shares while in Teerth Gopicon IPO retail investors are offered 19,60,000 shares. Qualified Institutional Buyers (QIB) are offered 11,20,000 shares in Ramdevbaba Solvent IPO and in Teerth Gopicon IPO.
| | Ramdevbaba Solvent IPO | Teerth Gopicon IPO |
|---|
| Anchor Investor Reservation | 16,80,000 shares | |
| Market Maker Reservation | 3,13,600 shares | 2,00,400 shares |
| QIB | 11,20,000 shares | |
| NII | 8,40,000 shares | 18,99,600 shares |
| RII | 19,60,000 shares | 18,99,600 shares |
| Total | 56,00,000 shares | 37,99,200 shares |
Bids Received (Subscription)
Ramdevbaba Solvent IPO subscribed 88.35x in total, whereas Teerth Gopicon IPO subscribed 70.73x.
