Comparison between Riddhi Corporate IPO and Vadivarhe Speciality Chemicals IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹130.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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.
Financials & KPIs
Riddhi Corporate IPO P/E ratio is 16, as compared to Vadivarhe Speciality Chemicals IPO P/E ratio of .
Shares Offered
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 0 shares in Riddhi Corporate IPO and 0 shares in Vadivarhe Speciality Chemicals IPO.
| | Riddhi Corporate IPO | Vadivarhe Speciality Chemicals IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 50,000 shares | 1,80,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 4,50,000 shares | 16,32,000 shares |
| RII | 4,50,000 shares | 16,32,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 9,00,000 shares | 32,64,000 shares |
Bids Received (Subscription)
Riddhi Corporate IPO subscribed 2.22x in total, whereas Vadivarhe Speciality Chemicals IPO subscribed 42.89x.
