Ratnaveer Precision Engineering IPO vs Vishnu Prakash R.Punglia IPO

Comparison between Ratnaveer Precision Engineering IPO and Vishnu Prakash R.Punglia IPO.

IPO Details

Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vishnu Prakash R.Punglia IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr whereas the issue size of the Vishnu Prakash R.Punglia IPO is up to ₹308.61 Cr. The final issue price of Ratnaveer Precision Engineering IPO is ₹98.00 per share and of Vishnu Prakash R.Punglia IPO is ₹99.00 per share.

 Ratnaveer Precision Engineering IPOVishnu Prakash R.Punglia IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share₹94.00 per share
Issue Price (Upper)₹98.00 per share₹99.00 per share
Issue Price (Final)₹98.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹9.00 per share
Market Lot Size150 shares150 shares
Fresh Issue Size1,38,00,000 shares3,12,00,000 shares
Fresh Issue Size (Amount)up to ₹135.24 Crup to ₹308.61 Cr
OFS Issue Size30,40,000 shares0 shares
OFS Issue Size (Amount)up to ₹29.79 Crup to ₹0.00 Cr
Issue Size Total1,68,40,000 shares3,12,00,000 shares
Issue Size Total (Amount)up to ₹165.03 Crup to ₹308.61 Cr

IPO Timetable

Ratnaveer Precision Engineering IPO opens on Sep 04, 2023, while Vishnu Prakash R.Punglia IPO opens on Aug 24, 2023. The closing date of Ratnaveer Precision Engineering IPO and Vishnu Prakash R.Punglia IPO is Sep 06, 2023, and Aug 28, 2023, respectively.

 Ratnaveer Precision Engineering IPOVishnu Prakash R.Punglia IPO
Anchor Bid DateSep 01, 2023Aug 23, 2023
Issue OpenSep 04, 2023Aug 24, 2023
Issue CloseSep 06, 2023Aug 28, 2023
Basis Of Allotment (Tentative)Sep 07, 2023Aug 31, 2023
Initiation of Refunds (Tentative)Sep 08, 2023Sep 01, 2023
Credit of Share (Tentative)Sep 08, 2023Sep 04, 2023
Listing date (Tentative)Sep 11, 2023Sep 05, 2023
Anchor Lockin End date 1Oct 07, 2023Sep 30, 2023
Anchor Lockin End date 2Dec 06, 2023Nov 29, 2023

Financials & KPIs

Ratnaveer Precision Engineering IPO P/E ratio is , as compared to Vishnu Prakash R.Punglia IPO P/E ratio of 13.61.

 Ratnaveer Precision Engineering IPOVishnu Prakash R.Punglia IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets389.05308.63255.92
Total Income481.14428.47364.05
Profit After Tax25.049.485.46
NET Worth106.0565.9756.58
Reserves and Surplus71.1661.7152.32
Total Borrowing229.99190.73150.76
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets825.48497.81331.05
Total Income1,171.46787.39487.67
Profit After Tax90.6444.8518.98
NET Worth314.51158.69113.61
Reserves and Surplus219.96130.1185.24
Total Borrowing250.37176.58110.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.390.45
Promoter Shareholding (Post-Issue)55.4867.81
P/E Ratio13.61
Market Cap₹475.29 Cr.₹1234.00 Cr.
ROE29.12%
ROCE12.62%33.72%
Debt/Equity2.170.80
EPS₹7.26₹10.41
RoNW29.12%38.31%

Shares Offered

In the Ratnaveer Precision Engineering IPO Retail Individual Investors (RII) are offered 58,94,000 shares while in Vishnu Prakash R.Punglia IPO retail investors are offered 58,94,000 shares. Qualified Institutional Buyers (QIB) are offered 33,68,000 shares in Ratnaveer Precision Engineering IPO and 61,80,000 shares in Vishnu Prakash R.Punglia IPO.

 Ratnaveer Precision Engineering IPOVishnu Prakash R.Punglia IPO
Anchor Investor Reservation50,52,000 shares92,70,000 shares
Market Maker Reservation
QIB33,68,000 shares61,80,000 shares
NII25,26,000 shares46,35,000 shares
RII58,94,000 shares1,08,15,000 shares
Employee3,00,000 shares
Others
Total1,68,40,000 shares3,12,00,000 shares

Bids Received (Subscription)

Ratnaveer Precision Engineering IPO subscribed 93.99x in total, whereas Vishnu Prakash R.Punglia IPO subscribed 87.82x.

 Ratnaveer Precision Engineering IPOVishnu Prakash R.Punglia IPO
QIB (times)133.05x171.69x
NII (times)135.21x111.03x
Big NII (times)130.63x112.02x
Small NII (times)144.37x109.07x
RII (times)54.00x32.01x
Employee (times)12.97x
Other (times)
Total (times)93.99x87.82x

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