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RO Jewels IPO vs Tranway Technologies IPO

Comparison between RO Jewels IPO and Tranway Technologies IPO.

IPO Details

RO Jewels IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tranway Technologies IPO is a SME Fixed Price proposed to list at BSE SME.

 RO Jewels IPOTranway Technologies IPO
LogoRO Jewels IPO LogoTranway Technologies IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerBeeline Broking Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of RO Jewels IPO is up to ₹4.67 Cr whereas the issue size of the Tranway Technologies IPO is up to ₹4.02 Cr. The final issue price of RO Jewels IPO is ₹36.00 per share and of Tranway Technologies IPO is ₹10.00 per share.

 RO Jewels IPOTranway Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹36.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares10000 shares
Fresh Issue Size12,96,000 shares40,20,000 shares
Fresh Issue Size (Amount)up to ₹4.67 Crup to ₹4.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,96,000 shares40,20,000 shares
Issue Size Total (Amount)up to ₹4.67 Crup to ₹4.02 Cr

IPO Timetable

RO Jewels IPO opens on Mar 12, 2020, while Tranway Technologies IPO opens on Jan 27, 2020. The closing date of RO Jewels IPO and Tranway Technologies IPO is Mar 17, 2020, and Jan 29, 2020, respectively.

 RO Jewels IPOTranway Technologies IPO
Anchor Bid Date
Issue OpenMar 12, 2020Jan 27, 2020
Issue CloseMar 17, 2020Jan 29, 2020
Basis Of Allotment (Tentative)Mar 20, 2020Feb 03, 2020
Initiation of Refunds (Tentative)Mar 23, 2020Feb 04, 2020
Credit of Share (Tentative)Mar 24, 2020Feb 05, 2020
Listing date (Tentative)Mar 25, 2020Feb 05, 2020
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

RO Jewels IPO P/E ratio is 34, as compared to Tranway Technologies IPO P/E ratio of 90.

 RO Jewels IPOTranway Technologies IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sep-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 580.25 179.06 230.49 156.13
Total Revenue 1,047.22 424.34 975.70 574.40
Profit After Tax 15.05 1.49 6.85 5.87
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sept-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 2,71.09 2,13.50 2,42.46 1,08.48
Total Revenue 2,29.22 5,17.53 3,93.93 3,11.73
Profit After Tax 6.34 24.01 11.37 12.34
Promoter Shareholding (Pre-Issue)87.3899.98
Promoter Shareholding (Post-Issue)45.2659.99
P/E Ratio3490
Market Cap₹10.20 Cr.₹10.60 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the RO Jewels IPO Retail Individual Investors (RII) are offered 6,48,000 shares while in Tranway Technologies IPO retail investors are offered 6,48,000 shares. Qualified Institutional Buyers (QIB) are offered in RO Jewels IPO and in Tranway Technologies IPO.

 RO Jewels IPOTranway Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration69,000 shares2,20,000 shares
QIB
NII6,48,000 shares20,10,000 shares
RII6,48,000 shares20,10,000 shares
Employee
Others
Total12,96,000 shares40,20,000 shares

Bids Received (Subscription)

RO Jewels IPO subscribed 1.19x in total, whereas Tranway Technologies IPO subscribed 1.98x.

 RO Jewels IPOTranway Technologies IPO
QIB (times)0.00x
NII (times)1.95x1.09x
Big NII (times)
Small NII (times)
RII (times)0.43x2.87x
Employee (times)
Other (times)
Total (times)1.19x1.98x