Comparison between Rex Pipes IPO and Times Green Energy IPO.
Rex Pipes IPO is a SME Fixed Price IPO proposed to list at NSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.
| Rex Pipes IPO | Times Green Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Navigant Corporate Advisors Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets 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 Rex Pipes IPO is up to ₹5.93 Cr whereas the issue size of the Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Rex Pipes IPO is ₹26.00 per share and of Times Green Energy IPO is ₹61.00 per share.
| Rex Pipes IPO | Times Green Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹26.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 22,80,000 shares | 6,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.93 Cr | up to ₹3.81 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 | 22,80,000 shares | 6,24,000 shares |
| Issue Size Total (Amount) | up to ₹5.93 Cr | up to ₹3.81 Cr |
Rex Pipes IPO opens on Jul 28, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Rex Pipes IPO and Times Green Energy IPO is Aug 02, 2021, and Jun 22, 2021, respectively.
| Rex Pipes IPO | Times Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 28, 2021 | Jun 16, 2021 |
| Issue Close | Aug 02, 2021 | Jun 22, 2021 |
| Basis Of Allotment (Tentative) | Aug 05, 2021 | Jun 25, 2021 |
| Initiation of Refunds (Tentative) | Aug 06, 2021 | Jun 28, 2021 |
| Credit of Share (Tentative) | Aug 09, 2021 | Jun 29, 2021 |
| Listing date (Tentative) | Aug 10, 2021 | Jun 30, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rex Pipes IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
| Rex Pipes IPO | Times Green Energy IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 84.65 | 79.20 | ||||
| Promoter Shareholding (Post-Issue) | 61.03 | 47.60 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹22.36 Cr. | ₹10.15 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Rex Pipes IPO Retail Individual Investors (RII) are offered 11,40,000 shares while in Times Green Energy IPO retail investors are offered 11,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Rex Pipes IPO and in Times Green Energy IPO.
| Rex Pipes IPO | Times Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,20,000 shares | 40,000 shares |
| QIB | ||
| NII | 11,40,000 shares | 3,12,000 shares |
| RII | 11,40,000 shares | 3,12,000 shares |
| Employee | ||
| Others | ||
| Total | 22,80,000 shares | 6,24,000 shares |
Rex Pipes IPO subscribed 23.99x in total, whereas Times Green Energy IPO subscribed 2.94x.
| Rex Pipes IPO | Times Green Energy IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 6.84x | 0.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 41.13x | 5.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 23.99x | 2.94x |
