Comparison between Balaji Speciality Chemicals IPO and Ratnaveer Precision Engineering IPO.
Balaji Speciality Chemicals IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Balaji Speciality Chemicals IPO is up to ₹0.00 Cr whereas the issue size of the Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of Balaji Speciality Chemicals IPO is and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.
| Balaji Speciality Chemicals IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | |
| Issue Price (Upper) | ₹98.00 per share | |
| Issue Price (Final) | ₹98.00 per share | |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 150 shares | |
| Fresh Issue Size | 0 shares | 1,38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹250.00 Cr | up to ₹135.24 Cr |
| OFS Issue Size | 2,60,00,000 shares | 30,40,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹29.79 Cr |
| Issue Size Total | 0 shares | 1,68,40,000 shares |
| Issue Size Total (Amount) | up to ₹0.00 Cr | up to ₹165.03 Cr |
Balaji Speciality Chemicals IPO opens on , while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of Balaji Speciality Chemicals IPO and Ratnaveer Precision Engineering IPO is , and Sep 06, 2023, respectively.
| Balaji Speciality Chemicals IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Sep 01, 2023 | |
| Issue Open | Sep 04, 2023 | |
| Issue Close | Sep 06, 2023 | |
| Basis Of Allotment (Tentative) | Sep 07, 2023 | |
| Initiation of Refunds (Tentative) | Sep 08, 2023 | |
| Credit of Share (Tentative) | Sep 08, 2023 | |
| Listing date (Tentative) | Sep 11, 2023 | |
| Anchor Lockin End date 1 | Oct 07, 2023 | |
| Anchor Lockin End date 2 | Dec 06, 2023 |
Balaji Speciality Chemicals IPO P/E ratio is , as compared to Ratnaveer Precision Engineering IPO P/E ratio of .
| Balaji Speciality Chemicals IPO | Ratnaveer Precision Engineering IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
Amount in ₹ Crore | Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.98 | 86.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹475.29 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Balaji Speciality Chemicals IPO Retail Individual Investors (RII) are offered while in Ratnaveer Precision Engineering IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Balaji Speciality Chemicals IPO and 33,68,000 shares in Ratnaveer Precision Engineering IPO.
| Balaji Speciality Chemicals IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 50,52,000 shares | |
| Market Maker Reservation | ||
| QIB | 33,68,000 shares | |
| NII | 25,26,000 shares | |
| RII | 58,94,000 shares | |
| Employee | ||
| Others | ||
| Total | 1,68,40,000 shares |
Balaji Speciality Chemicals IPO subscribed in total, whereas Ratnaveer Precision Engineering IPO subscribed 65.79x.
| Balaji Speciality Chemicals IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| QIB (times) | 133.05x | |
| NII (times) | 135.21x | |
| Big NII (times) | 130.63x | |
| Small NII (times) | 144.37x | |
| RII (times) | 54.00x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 65.79x |
