NIKS Technology IPO vs Rajeshwari Cans IPO

Comparision between NIKS Technology IPO and Rajeshwari Cans IPO.

IPO Details

NIKS Technology IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Rajeshwari Cans IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	NIKS Technology IPO	Rajeshwari Cans IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Gretex Corporate Services Limited	Fedex Securities Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of NIKS Technology IPO is up to ₹2.01 Cr whereas the issue size of the Rajeshwari Cans IPO is up to ₹4.03 Cr. The final issue price of NIKS Technology IPO is ₹201.00 per share and of Rajeshwari Cans IPO is ₹20.00 per share.

	NIKS Technology IPO	Rajeshwari Cans IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹201.00 per share	₹20.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	6000 shares
Fresh Issue Size	33,200 shares
Fresh Issue Size (Amount)	up to ₹0.67 Cr
OFS Issue Size	67,000 shares
OFS Issue Size (Amount)	up to ₹1.35 Cr
Issue Size Total	1,00,200 shares	20,16,000 shares
Issue Size Total (Amount)	up to ₹2.01 Cr	up to ₹4.03 Cr

IPO Timetable

NIKS Technology IPO opens on Mar 19, 2021, while Rajeshwari Cans IPO opens on Mar 31, 2021. The closing date of NIKS Technology IPO and Rajeshwari Cans IPO is Mar 23, 2021, and Apr 06, 2021, respectively.

	NIKS Technology IPO	Rajeshwari Cans IPO
Anchor Bid Date
Issue Open	Mar 19, 2021	Mar 31, 2021
Issue Close	Mar 23, 2021	Apr 06, 2021
Basis Of Allotment (Tentative)		Apr 09, 2021
Initiation of Refunds (Tentative)		Apr 12, 2021
Credit of Share (Tentative)		Apr 13, 2021
Listing date (Tentative)		Apr 15, 2021
Anchor Lockin End date 1		May 09, 2021
Anchor Lockin End date 2		Jul 08, 2021

Financials

NIKS Technology IPO P/E ratio is 119.64, as compared to Rajeshwari Cans IPO P/E ratio of .

NIKS Technology IPO

Rajeshwari Cans IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakh)
	31-Jan-21	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	67.56	39.37	7.36	9.30
Total Revenue	27.66	19.66	19.84	19.32
Profit After Tax	14.31	8.15	(0.18)	(0.64)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,234.96	1,322.08	1,160.95
Total Revenue	2,209.73	2,132.33	1,849.64
Profit After Tax	18.69	15.75	11.21

Promoter Shareholding (Pre-Issue)

99.97%

100%

Promoter Shareholding (Post-Issue)

61.71%

P/E Ratio

119.64

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the NIKS Technology IPO retail investors (RII) are offered 50,100 shares while in Rajeshwari Cans IPO retail investors are offered 50,100 shares. Qualified institutional buyers (QIB) are offered in NIKS Technology IPO and in Rajeshwari Cans IPO.

	NIKS Technology IPO	Rajeshwari Cans IPO
Anchor Investor Reserveration
Market Maker Reserveration	5,400 shares	1,08,000 shares
QIB
NII	50,100 shares	9,54,000 shares
RII	50,100 shares	9,54,000 shares
Employee
Others
Total	1,00,200 shares	19,08,000 shares

Bids Received (Subscription)

NIKS Technology IPO subscribed 4.10x in total, whereas Rajeshwari Cans IPO subscribed 1.40x.

	NIKS Technology IPO	Rajeshwari Cans IPO
QIB (times)
NII (times)	0.99x	1.60x
Big NII (times)
Small NII (times)
RII (times)	7.21x	1.19x
Employee (times)
Other (times)
Total (times)	4.10x	1.40x

Compare with others

NIKS Technology IPO	Rajeshwari Cans IPO
Jetmall spices and masala ipo	Navoday Enterprises IPO
V-Marc India IPO	Abhishek Integrations IPO
Rajeshwari Cans IPO	Kuberan Global Edu Solutions IPO
Siddhika Coatings IPO	Jetmall spices and masala ipo
EKI Energy Services IPO	V-Marc India IPO
Rangoli Tradecomm IPO	Siddhika Coatings IPO
KMEW IPO	EKI Energy Services IPO
Ashapuri Gold Ornament FPO	NIKS Technology IPO
ADJIA Technologies IPO	Rangoli Tradecomm IPO
Pavna Industries IPO	KMEW IPO

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