Comparison between Rulka Electricals IPO and Veritaas Advertising IPO.
Rulka Electricals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Veritaas Advertising IPO is a SME Bookbuilding proposed to list at NSE SME.
| Rulka Electricals IPO | Veritaas Advertising IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Horizon Financial Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Rulka Electricals IPO is up to ₹25.07 Cr whereas the issue size of the Veritaas Advertising IPO is up to ₹8.06 Cr. The final issue price of Rulka Electricals IPO is ₹235.00 per share and of Veritaas Advertising IPO is ₹114.00 per share.
| Rulka Electricals IPO | Veritaas Advertising IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹223.00 per share | ₹109.00 per share |
| Issue Price (Upper) | ₹235.00 per share | ₹114.00 per share |
| Issue Price (Final) | ₹235.00 per share | ₹114.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1200 shares |
| Fresh Issue Size | 7,86,000 shares | 7,06,800 shares |
| Fresh Issue Size (Amount) | up to ₹18.47 Cr | up to ₹8.06 Cr |
| OFS Issue Size | 2,80,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹6.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,66,800 shares | 7,06,800 shares |
| Issue Size Total (Amount) | up to ₹25.07 Cr | up to ₹8.06 Cr |
Rulka Electricals IPO opens on May 16, 2024, while Veritaas Advertising IPO opens on May 13, 2024. The closing date of Rulka Electricals IPO and Veritaas Advertising IPO is May 21, 2024, and May 15, 2024, respectively.
| Rulka Electricals IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Bid Date | May 15, 2024 | May 10, 2024 |
| Issue Open | May 16, 2024 | May 13, 2024 |
| Issue Close | May 21, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 22, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 23, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 23, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 24, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | Jun 21, 2024 | Jun 15, 2024 |
| Anchor Lockin End date 2 | Aug 20, 2024 | Aug 14, 2024 |
Rulka Electricals IPO P/E ratio is 28.62, as compared to Veritaas Advertising IPO P/E ratio of 54.
| Rulka Electricals IPO | Veritaas Advertising IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Rulka Electricals Limited Financial Information (Restated Standalone)
| Veritaas Advertising Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.28 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.22 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.62 | 54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹100.07 Cr. | ₹32.18 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 61.25% | 44.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.67% | 39.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.16 | 0.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.21 | ₹2.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.85% | 44.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rulka Electricals IPO Retail Individual Investors (RII) are offered 3,73,800 shares while in Veritaas Advertising IPO retail investors are offered 3,73,800 shares. Qualified Institutional Buyers (QIB) are offered 2,13,600 shares in Rulka Electricals IPO and 1,77,600 shares in Veritaas Advertising IPO.
| Rulka Electricals IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Investor Reserveration | 3,19,200 shares | 1,74,000 shares |
| Market Maker Reserveration | 56,400 shares | 37,200 shares |
| QIB | 2,13,600 shares | 1,77,600 shares |
| NII | 1,60,200 shares | 1,06,800 shares |
| RII | 3,73,800 shares | 2,48,400 shares |
| Employee | ||
| Others | ||
| Total | 10,66,800 shares | 7,06,800 shares |
Rulka Electricals IPO subscribed 676.83x in total, whereas Veritaas Advertising IPO subscribed 621.62x.
| Rulka Electricals IPO | Veritaas Advertising IPO | |
|---|---|---|
| QIB (times) | 204.22x | 102.41x |
| NII (times) | 1,350.15x | 629.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 658.32x | 989.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 676.83x | 621.62x |
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