Comparison between Royal Arc Electrodes IPO and Tejas Cargo IPO.
Royal Arc Electrodes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tejas Cargo IPO is a SME Bookbuilding proposed to list at NSE SME.
| Royal Arc Electrodes IPO | Tejas Cargo IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | New Berry Capitals Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | New Berry Capitals Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Royal Arc Electrodes IPO is up to ₹34.16 Cr whereas the issue size of the Tejas Cargo IPO is up to ₹100.54 Cr. The final issue price of Royal Arc Electrodes IPO is ₹120.00 per share and of Tejas Cargo IPO is ₹168.00 per share.
| Royal Arc Electrodes IPO | Tejas Cargo IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹168.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1200 shares | 800 shares |
| Fresh Issue Size | 16,46,400 shares | 59,84,800 shares |
| Fresh Issue Size (Amount) | up to ₹19.76 Cr | up to ₹100.54 Cr |
| OFS Issue Size | 12,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹14.40 Cr | up to ₹0.00 Cr |
| Issue Size Total | 28,46,400 shares | 59,84,800 shares |
| Issue Size Total (Amount) | up to ₹34.16 Cr | up to ₹100.54 Cr |
Royal Arc Electrodes IPO opens on Feb 14, 2025, while Tejas Cargo IPO opens on Feb 14, 2025. The closing date of Royal Arc Electrodes IPO and Tejas Cargo IPO is Feb 18, 2025, and Feb 18, 2025, respectively.
| Royal Arc Electrodes IPO | Tejas Cargo IPO | |
|---|---|---|
| Anchor Bid Date | Feb 13, 2025 | Feb 13, 2025 |
| Issue Open | Feb 14, 2025 | Feb 14, 2025 |
| Issue Close | Feb 18, 2025 | Feb 18, 2025 |
| Basis Of Allotment (Tentative) | Feb 19, 2025 | Feb 19, 2025 |
| Initiation of Refunds (Tentative) | Feb 20, 2025 | Feb 20, 2025 |
| Credit of Share (Tentative) | Feb 20, 2025 | Feb 20, 2025 |
| Listing date (Tentative) | Feb 24, 2025 | Feb 24, 2025 |
| Anchor Lockin End date 1 | Mar 21, 2025 | Mar 21, 2025 |
| Anchor Lockin End date 2 | May 20, 2025 | May 20, 2025 |
Royal Arc Electrodes IPO P/E ratio is 9.36, as compared to Tejas Cargo IPO P/E ratio of 22.35.
| Royal Arc Electrodes IPO | Tejas Cargo IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Royal Arc Electrodes Limited Financial Information (Restated)
| Tejas Cargo India Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.96 | 73.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.36 | 22.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹133.20 Cr. | ₹401.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.85% | 38.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.73% | 28.30% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.82 | ₹7.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.21% | 23.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Royal Arc Electrodes IPO Retail Individual Investors (RII) are offered 10,17,600 shares while in Tejas Cargo IPO retail investors are offered 10,17,600 shares. Qualified Institutional Buyers (QIB) are offered 5,82,000 shares in Royal Arc Electrodes IPO and 11,84,800 shares in Tejas Cargo IPO.
| Royal Arc Electrodes IPO | Tejas Cargo IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,40,000 shares | 17,75,200 shares |
| Market Maker Reserveration | 1,53,600 shares | 3,15,200 shares |
| QIB | 5,82,000 shares | 11,84,800 shares |
| NII | 4,06,800 shares | 8,88,800 shares |
| RII | 10,17,600 shares | 20,72,800 shares |
| Employee | 0 shares | 63,200 shares |
| Others | ||
| Total | 28,46,400 shares | 59,84,800 shares |
Royal Arc Electrodes IPO subscribed 1.60x in total, whereas Tejas Cargo IPO subscribed 1.15x.
| Royal Arc Electrodes IPO | Tejas Cargo IPO | |
|---|---|---|
| QIB (times) | 1.04x | 1.33x |
| NII (times) | 0.92x | 1.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.20x | 1.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.60x | 1.15x |
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