Comparison between Riddhi Corporate IPO and Vadivarhe Speciality Chemicals IPO.
Riddhi Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vadivarhe Speciality Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.
| Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Hem Securities Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Hem Finlease Pvt.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 Riddhi Corporate IPO is up to ₹11.70 Cr whereas the issue size of the Vadivarhe Speciality Chemicals IPO is up to ₹13.71 Cr. The final issue price of Riddhi Corporate IPO is ₹130.00 per share and of Vadivarhe Speciality Chemicals IPO is ₹42.00 per share.
| Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹130.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 9,00,000 shares | 5,09,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.70 Cr | up to ₹2.14 Cr |
| OFS Issue Size | 0 shares | 27,55,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹11.57 Cr |
| Issue Size Total | 9,00,000 shares | 32,64,000 shares |
| Issue Size Total (Amount) | up to ₹11.70 Cr | up to ₹13.71 Cr |
Riddhi Corporate IPO opens on Jun 12, 2017, while Vadivarhe Speciality Chemicals IPO opens on May 22, 2017. The closing date of Riddhi Corporate IPO and Vadivarhe Speciality Chemicals IPO is Jun 15, 2017, and May 25, 2017, respectively.
| Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 12, 2017 | May 22, 2017 |
| Issue Close | Jun 15, 2017 | May 25, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 22, 2017 | Jun 02, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Riddhi Corporate IPO P/E ratio is 16, as compared to Vadivarhe Speciality Chemicals IPO P/E ratio of .
| Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 16 | |||||
| Market Cap | ₹42.25 Cr. | ₹53.69 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Riddhi Corporate IPO Retail Individual Investors (RII) are offered 4,50,000 shares while in Vadivarhe Speciality Chemicals IPO retail investors are offered 4,50,000 shares. Qualified Institutional Buyers (QIB) are offered in Riddhi Corporate IPO and in Vadivarhe Speciality Chemicals IPO.
| Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 50,000 shares | 1,80,000 shares |
| QIB | ||
| NII | 4,50,000 shares | 16,32,000 shares |
| RII | 4,50,000 shares | 16,32,000 shares |
| Employee | ||
| Others | ||
| Total | 9,00,000 shares | 32,64,000 shares |
Riddhi Corporate IPO subscribed 2.22x in total, whereas Vadivarhe Speciality Chemicals IPO subscribed 42.89x.
| Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.78x | 49.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.66x | 36.67x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.22x | 42.89x |
