Rishabh Instruments IPO vs Vishnu Prakash R.Punglia IPO

Comparison between Rishabh Instruments IPO and Vishnu Prakash R.Punglia IPO.

IPO Details

Rishabh Instruments 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 Rishabh Instruments IPO is up to ₹490.78 Cr whereas the issue size of the Vishnu Prakash R.Punglia IPO is up to ₹308.61 Cr. The final issue price of Rishabh Instruments IPO is ₹441.00 per share and of Vishnu Prakash R.Punglia IPO is ₹99.00 per share.

 Rishabh Instruments IPOVishnu Prakash R.Punglia IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹418.00 per share₹94.00 per share
Issue Price (Upper)₹441.00 per share₹99.00 per share
Issue Price (Final)₹441.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹9.00 per share
Market Lot Size34 shares150 shares
Fresh Issue Size17,00,680 shares3,12,00,000 shares
Fresh Issue Size (Amount)up to ₹75.00 Crup to ₹308.61 Cr
OFS Issue Size94,28,178 shares0 shares
OFS Issue Size (Amount)up to ₹415.78 Crup to ₹0.00 Cr
Issue Size Total1,11,28,858 shares3,12,00,000 shares
Issue Size Total (Amount)up to ₹490.78 Crup to ₹308.61 Cr

IPO Timetable

Rishabh Instruments IPO opens on Aug 30, 2023, while Vishnu Prakash R.Punglia IPO opens on Aug 24, 2023. The closing date of Rishabh Instruments IPO and Vishnu Prakash R.Punglia IPO is Sep 01, 2023, and Aug 28, 2023, respectively.

 Rishabh Instruments IPOVishnu Prakash R.Punglia IPO
Anchor Bid DateAug 29, 2023Aug 23, 2023
Issue OpenAug 30, 2023Aug 24, 2023
Issue CloseSep 01, 2023Aug 28, 2023
Basis Of Allotment (Tentative)Sep 06, 2023Aug 31, 2023
Initiation of Refunds (Tentative)Sep 07, 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 06, 2023Sep 30, 2023
Anchor Lockin End date 2Dec 05, 2023Nov 29, 2023

Financials & KPIs

Rishabh Instruments IPO P/E ratio is , as compared to Vishnu Prakash R.Punglia IPO P/E ratio of 13.61.

 Rishabh Instruments IPOVishnu Prakash R.Punglia IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets648.93563.89511.97
Total Income579.78479.92402.49
Profit After Tax49.6949.6535.94
NET Worth408.75346.10302.13
Total Borrowing102.8596.5791.95
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)80.6790.45
Promoter Shareholding (Post-Issue)70.6867.81
P/E Ratio13.61
Market Cap₹1674.10 Cr.₹1234.00 Cr.
ROE12.39%
ROCE13.77%33.72%
Debt/Equity0.260.80
EPS₹12.84₹10.41
RoNW11.67%38.31%

Shares Offered

In the Rishabh Instruments IPO Retail Individual Investors (RII) are offered 38,95,101 shares while in Vishnu Prakash R.Punglia IPO retail investors are offered 38,95,101 shares. Qualified Institutional Buyers (QIB) are offered 22,25,772 shares in Rishabh Instruments IPO and 61,80,000 shares in Vishnu Prakash R.Punglia IPO.

 Rishabh Instruments IPOVishnu Prakash R.Punglia IPO
Anchor Investor Reservation33,38,656 shares92,70,000 shares
Market Maker Reservation
QIB22,25,772 shares61,80,000 shares
NII16,69,329 shares46,35,000 shares
RII38,95,101 shares1,08,15,000 shares
Employee3,00,000 shares
Others
Total1,11,28,858 shares3,12,00,000 shares

Bids Received (Subscription)

Rishabh Instruments IPO subscribed 31.65x in total, whereas Vishnu Prakash R.Punglia IPO subscribed 87.82x.

 Rishabh Instruments IPOVishnu Prakash R.Punglia IPO
QIB (times)72.54x171.69x
NII (times)31.29x111.03x
Big NII (times)34.01x112.02x
Small NII (times)25.86x109.07x
RII (times)8.44x32.01x
Employee (times)12.97x
Other (times)
Total (times)31.65x87.82x

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