Comparison between Rudra Gas Enterprise IPO and Thaai Casting IPO.
IPO Details
Rudra Gas Enterprise IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Thaai Casting IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Rudra Gas Enterprise IPO is up to ₹13.43 Cr whereas the issue size of the Thaai Casting IPO is up to ₹44.52 Cr. The final issue price of Rudra Gas Enterprise IPO is ₹63.00 per share and of Thaai Casting IPO is ₹77.00 per share.
IPO Timetable
Rudra Gas Enterprise IPO opens on Feb 08, 2024, while Thaai Casting IPO opens on Feb 15, 2024. The closing date of Rudra Gas Enterprise IPO and Thaai Casting IPO is Feb 12, 2024, and Feb 20, 2024, respectively.
| | Rudra Gas Enterprise IPO | Thaai Casting IPO |
|---|
| Anchor Bid Date | | Feb 14, 2024 |
| Issue Open | Feb 08, 2024 | Feb 15, 2024 |
| Issue Close | Feb 12, 2024 | Feb 20, 2024 |
| Basis Of Allotment (Tentative) | Feb 13, 2024 | Feb 21, 2024 |
| Initiation of Refunds (Tentative) | Feb 14, 2024 | Feb 21, 2024 |
| Credit of Share (Tentative) | Feb 14, 2024 | Feb 22, 2024 |
| Listing date (Tentative) | Feb 15, 2024 | Feb 23, 2024 |
| Anchor Lockin End date 1 | | Mar 21, 2024 |
| Anchor Lockin End date 2 | | May 20, 2024 |
Financials & KPIs
Rudra Gas Enterprise IPO P/E ratio is 10.9, as compared to Thaai Casting IPO P/E ratio of 25.99.
Shares Offered
In the Rudra Gas Enterprise IPO Retail Individual Investors (RII) are offered 10,66,000 shares while in Thaai Casting IPO retail investors are offered 10,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Rudra Gas Enterprise IPO and 11,55,200 shares in Thaai Casting IPO.
| | Rudra Gas Enterprise IPO | Thaai Casting IPO |
|---|
| Anchor Investor Reservation | | 17,34,400 shares |
| Market Maker Reservation | 1,16,000 shares | 3,47,200 shares |
| QIB | | 11,55,200 shares |
| NII | 10,66,000 shares | 8,68,800 shares |
| RII | 10,66,000 shares | 20,24,000 shares |
| Total | 21,32,000 shares | 57,82,400 shares |
Bids Received (Subscription)
Rudra Gas Enterprise IPO subscribed 345.50x in total, whereas Thaai Casting IPO subscribed 262.82x.
