Comparison between Radiant Cash Management IPO and Udayshivakumar Infra IPO.
Radiant Cash Management IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Udayshivakumar Infra IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Radiant Cash Management IPO is up to ₹256.64 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of Radiant Cash Management IPO is ₹94.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.
| Radiant Cash Management IPO | Udayshivakumar Infra IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹94.00 per share | ₹33.00 per share |
| Issue Price (Upper) | ₹99.00 per share | ₹35.00 per share |
| Issue Price (Final) | ₹94.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 428 shares |
| Fresh Issue Size | 54,54,546 shares | 1,88,57,142 shares |
| Fresh Issue Size (Amount) | up to ₹52.47 Cr | up to ₹66.00 Cr |
| OFS Issue Size | 2,12,22,431 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹204.17 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,66,76,977 shares | 1,88,57,142 shares |
| Issue Size Total (Amount) | up to ₹256.64 Cr | up to ₹66.00 Cr |
Radiant Cash Management IPO opens on Dec 23, 2022, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of Radiant Cash Management IPO and Udayshivakumar Infra IPO is Dec 27, 2022, and Mar 23, 2023, respectively.
| Radiant Cash Management IPO | Udayshivakumar Infra IPO | |
|---|---|---|
| Anchor Bid Date | Dec 22, 2022 | |
| Issue Open | Dec 23, 2022 | Mar 20, 2023 |
| Issue Close | Dec 27, 2022 | Mar 23, 2023 |
| Basis Of Allotment (Tentative) | Dec 30, 2022 | Mar 28, 2023 |
| Initiation of Refunds (Tentative) | Jan 02, 2023 | Mar 29, 2023 |
| Credit of Share (Tentative) | Jan 03, 2023 | Mar 31, 2023 |
| Listing date (Tentative) | Jan 04, 2023 | Apr 03, 2023 |
| Anchor Lockin End date 1 | Jan 29, 2023 | |
| Anchor Lockin End date 2 | Mar 30, 2023 |
Radiant Cash Management IPO P/E ratio is 17.34, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.
| Radiant Cash Management IPO | Udayshivakumar Infra IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.39 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.21 | 65.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.34 | 9.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1062.41 Cr. | ₹193.75 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.34 | 17.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.07 | 20.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 0.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.77 | ₹3.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.34 | 17.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Radiant Cash Management IPO Retail Individual Investors (RII) are offered 93,36,942 shares while in Udayshivakumar Infra IPO retail investors are offered 93,36,942 shares. Qualified Institutional Buyers (QIB) are offered 15,82,807 shares in Radiant Cash Management IPO and 18,85,713 shares in Udayshivakumar Infra IPO.
| Radiant Cash Management IPO | Udayshivakumar Infra IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,17,55,681 shares | |
| Market Maker Reservation | ||
| QIB | 15,82,807 shares | 18,85,713 shares |
| NII | 40,01,547 shares | 56,57,143 shares |
| RII | 93,36,942 shares | 1,13,14,286 shares |
| Employee | ||
| Others | ||
| Total | 2,66,76,977 shares | 1,88,57,142 shares |
Radiant Cash Management IPO subscribed 0.53x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.
| Radiant Cash Management IPO | Udayshivakumar Infra IPO | |
|---|---|---|
| QIB (times) | 1.01x | 42.92x |
| NII (times) | 0.66x | 64.08x |
| Big NII (times) | 0.94x | 63.54x |
| Small NII (times) | 0.09x | 65.14x |
| RII (times) | 0.21x | 14.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.53x | 32.49x |
