Comparison between Rainbow Children's Medicare IPO and Venus Pipes IPO.
Rainbow Children's Medicare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Venus Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rainbow Children's Medicare IPO is up to ₹1,580.85 Cr whereas the issue size of the Venus Pipes IPO is up to ₹165.42 Cr. The final issue price of Rainbow Children's Medicare IPO is ₹542.00 per share and of Venus Pipes IPO is ₹326.00 per share.
| Rainbow Children's Medicare IPO | Venus Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹516.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹542.00 per share | ₹326.00 per share |
| Issue Price (Final) | ₹542.00 per share | ₹326.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 27 shares | 46 shares |
| Fresh Issue Size | 51,67,679 shares | 50,74,100 shares |
| Fresh Issue Size (Amount) | up to ₹280.07 Cr | up to ₹165.42 Cr |
| OFS Issue Size | 2,40,00,900 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,300.78 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,91,68,579 shares | 50,74,100 shares |
| Issue Size Total (Amount) | up to ₹1,580.85 Cr | up to ₹165.42 Cr |
Rainbow Children's Medicare IPO opens on Apr 27, 2022, while Venus Pipes IPO opens on May 11, 2022. The closing date of Rainbow Children's Medicare IPO and Venus Pipes IPO is Apr 29, 2022, and May 13, 2022, respectively.
| Rainbow Children's Medicare IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Bid Date | Apr 26, 2022 | May 10, 2022 |
| Issue Open | Apr 27, 2022 | May 11, 2022 |
| Issue Close | Apr 29, 2022 | May 13, 2022 |
| Basis Of Allotment (Tentative) | May 05, 2022 | May 19, 2022 |
| Initiation of Refunds (Tentative) | May 06, 2022 | May 20, 2022 |
| Credit of Share (Tentative) | May 09, 2022 | May 23, 2022 |
| Listing date (Tentative) | May 10, 2022 | May 24, 2022 |
| Anchor Lockin End date 1 | Jun 04, 2022 | Jun 18, 2022 |
| Anchor Lockin End date 2 | Aug 03, 2022 | Aug 17, 2022 |
Rainbow Children's Medicare IPO P/E ratio is 43.53, as compared to Venus Pipes IPO P/E ratio of 21.03.
| Rainbow Children's Medicare IPO | Venus Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 62.19 | 64.27 | ||||
| Promoter Shareholding (Post-Issue) | 49.83 | 48.20 | ||||
| P/E Ratio | 43.53 | 21.03 | ||||
| Market Cap | ₹5501.30 Cr. | ₹661.65 Cr. | ||||
| ROE | 8.82 | 59 | ||||
| ROCE | 10.48 | 61 | ||||
| Debt/Equity | 0.11 | 0.94 | ||||
| EPS | ₹4.36 | ₹18.04 | ||||
| RoNW | 8.88 | 59.18 |
In the Rainbow Children's Medicare IPO Retail Individual Investors (RII) are offered 1,01,07,308 shares while in Venus Pipes IPO retail investors are offered 1,01,07,308 shares. Qualified Institutional Buyers (QIB) are offered 57,75,605 shares in Rainbow Children's Medicare IPO and 10,14,864 shares in Venus Pipes IPO.
| Rainbow Children's Medicare IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 86,63,404 shares | 15,22,186 shares |
| Market Maker Reservation | ||
| QIB | 57,75,605 shares | 10,14,864 shares |
| NII | 43,31,704 shares | 7,61,115 shares |
| RII | 1,01,07,308 shares | 17,75,935 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 2,91,78,021 shares | 50,74,100 shares |
Rainbow Children's Medicare IPO subscribed 12.43x in total, whereas Venus Pipes IPO subscribed 16.31x.
| Rainbow Children's Medicare IPO | Venus Pipes IPO | |
|---|---|---|
| QIB (times) | 38.90x | 12.02x |
| NII (times) | 3.73x | 15.66x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.38x | 19.04x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 12.43x | 16.31x |
