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Reliable Data Services IPO vs Tirupati Forge IPO

Comparison between Reliable Data Services IPO and Tirupati Forge IPO.

IPO Details

Reliable Data Services IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.

 Reliable Data Services IPOTirupati Forge IPO
LogoReliable Data Services IPO LogoTirupati Forge IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerBeeline Broking Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Reliable Data Services IPO is up to ₹14.02 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Reliable Data Services IPO is ₹57.00 per share and of Tirupati Forge IPO is ₹29.00 per share.

 Reliable Data Services IPOTirupati Forge IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹57.00 per share₹29.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares4000 shares
Fresh Issue Size24,60,000 shares17,08,000 shares
Fresh Issue Size (Amount)up to ₹14.02 Crup to ₹4.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total24,60,000 shares17,08,000 shares
Issue Size Total (Amount)up to ₹14.02 Crup to ₹4.95 Cr

IPO Timetable

Reliable Data Services IPO opens on Sep 27, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Reliable Data Services IPO and Tirupati Forge IPO is Oct 03, 2017, and Oct 04, 2017, respectively.

 Reliable Data Services IPOTirupati Forge IPO
Issue OpenSep 27, 2017Sep 29, 2017
Issue CloseOct 03, 2017Oct 04, 2017
Basis Of Allotment (Tentative)Oct 09, 2017Oct 09, 2017
Listing date (Tentative)Oct 11, 2017Oct 12, 2017

Financials & KPIs

Reliable Data Services IPO P/E ratio is 30, as compared to Tirupati Forge IPO P/E ratio of .

 Reliable Data Services IPOTirupati Forge IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets17.9915.8114.82
Total Income20.5119.0118.97
Profit After Tax0.971.021.40
NET Worth8.617.646.64
Reserves and Surplus7.616.645.64
Total Borrowing5.824.704.58
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets10.339.7214.16
Total Income16.3718.2830.37
Profit After Tax0.510.170.70
NET Worth2.712.202.03
Reserves and Surplus1.921.421.25
Total Borrowing3.824.605.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%98.72%
Promoter Shareholding (Post-Issue)69.77%68.15%
P/E Ratio30
Market Cap₹49.02 Cr.₹16.85 Cr.

Shares Offered

In the Reliable Data Services IPO Retail Individual Investors (RII) are offered 12,30,000 shares while in Tirupati Forge IPO retail investors are offered 12,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Reliable Data Services IPO and 0 shares in Tirupati Forge IPO.

 Reliable Data Services IPOTirupati Forge IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,40,000 shares92,000 shares
QIB0 shares0 shares
NII12,30,000 shares8,54,000 shares
RII12,30,000 shares8,54,000 shares
Employee0 shares0 shares
Total24,60,000 shares17,08,000 shares

Bids Received (Subscription)

Reliable Data Services IPO subscribed 47.65x in total, whereas Tirupati Forge IPO subscribed 6.94x.

 Reliable Data Services IPOTirupati Forge IPO
NII (times)81.72x3.56x
RII (times)13.57x10.32x
Total (times)47.65x6.94x

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Compare:

Reliable Data Services IPO Vs Tirupati Forge IPO