Comparison between RNFI Services IPO and VVIP Infratech IPO.
RNFI Services IPO is a SME Bookbuilding IPO proposed to list at NSE SME while VVIP Infratech IPO is a SME Bookbuilding proposed to list at BSE SME.
| RNFI Services IPO | VVIP Infratech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. | Share India Capital Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of RNFI Services IPO is up to ₹66.78 Cr whereas the issue size of the VVIP Infratech IPO is up to ₹58.07 Cr. The final issue price of RNFI Services IPO is ₹105.00 per share and of VVIP Infratech IPO is ₹93.00 per share.
| RNFI Services IPO | VVIP Infratech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹91.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹93.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹93.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 63,60,000 shares | 62,43,600 shares |
| Fresh Issue Size (Amount) | up to ₹66.78 Cr | up to ₹58.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 63,60,000 shares | 62,43,600 shares |
| Issue Size Total (Amount) | up to ₹66.78 Cr | up to ₹58.07 Cr |
RNFI Services IPO opens on Jul 22, 2024, while VVIP Infratech IPO opens on Jul 23, 2024. The closing date of RNFI Services IPO and VVIP Infratech IPO is Jul 24, 2024, and Jul 25, 2024, respectively.
| RNFI Services IPO | VVIP Infratech IPO | |
|---|---|---|
| Anchor Bid Date | Jul 19, 2024 | Jul 22, 2024 |
| Issue Open | Jul 22, 2024 | Jul 23, 2024 |
| Issue Close | Jul 24, 2024 | Jul 25, 2024 |
| Basis Of Allotment (Tentative) | Jul 25, 2024 | Jul 26, 2024 |
| Initiation of Refunds (Tentative) | Jul 26, 2024 | Jul 29, 2024 |
| Credit of Share (Tentative) | Jul 26, 2024 | Jul 29, 2024 |
| Listing date (Tentative) | Jul 29, 2024 | Jul 30, 2024 |
| Anchor Lockin End date 1 | Aug 24, 2024 | Aug 25, 2024 |
| Anchor Lockin End date 2 | Oct 23, 2024 | Oct 24, 2024 |
RNFI Services IPO P/E ratio is 19.19, as compared to VVIP Infratech IPO P/E ratio of 8.26.
| RNFI Services IPO | VVIP Infratech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.53 | 92.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.34 | 68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.19 | 8.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹262.00 Cr. | ₹232.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.36% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.74% | 19.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.02 | 0.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.47 | ₹11.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.92% | 18.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the RNFI Services IPO Retail Individual Investors (RII) are offered 22,26,000 shares while in VVIP Infratech IPO retail investors are offered 22,26,000 shares. Qualified Institutional Buyers (QIB) are offered 12,72,000 shares in RNFI Services IPO and 12,48,000 shares in VVIP Infratech IPO.
| RNFI Services IPO | VVIP Infratech IPO | |
|---|---|---|
| Anchor Investor Reservation | 19,08,000 shares | 18,72,000 shares |
| Market Maker Reservation | 3,84,000 shares | 3,38,400 shares |
| QIB | 12,72,000 shares | 12,48,000 shares |
| NII | 9,54,000 shares | 9,37,200 shares |
| RII | 22,26,000 shares | 21,86,400 shares |
| Employee | ||
| Others | ||
| Total | 63,60,000 shares | 62,43,600 shares |
RNFI Services IPO subscribed 221.49x in total, whereas VVIP Infratech IPO subscribed 236.92x.
| RNFI Services IPO | VVIP Infratech IPO | |
|---|---|---|
| QIB (times) | 140.66x | 168.45x |
| NII (times) | 513.31x | 456.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.62x | 181.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.49x | 236.92x |
