Rajeshwari Cans IPO vs Siddhika Coatings IPO

Comparision between Rajeshwari Cans IPO and Siddhika Coatings IPO.

IPO Details

Rajeshwari Cans IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Siddhika Coatings IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Rajeshwari Cans IPO	Siddhika Coatings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Unistone Capital Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Rajeshwari Cans IPO is up to ₹4.03 Cr whereas the issue size of the Siddhika Coatings IPO is up to ₹4.70 Cr. The final issue price of Rajeshwari Cans IPO is ₹20.00 per share and of Siddhika Coatings IPO is ₹57.00 per share.

	Rajeshwari Cans IPO	Siddhika Coatings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹20.00 per share	₹57.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	20,16,000 shares	8,24,000 shares
Issue Size Total (Amount)	up to ₹4.03 Cr	up to ₹4.70 Cr

IPO Timetable

Rajeshwari Cans IPO opens on Mar 31, 2021, while Siddhika Coatings IPO opens on Mar 24, 2021. The closing date of Rajeshwari Cans IPO and Siddhika Coatings IPO is Apr 06, 2021, and Mar 26, 2021, respectively.

	Rajeshwari Cans IPO	Siddhika Coatings IPO
Anchor Bid Date
Issue Open	Mar 31, 2021	Mar 24, 2021
Issue Close	Apr 06, 2021	Mar 26, 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

Rajeshwari Cans IPO P/E ratio is , as compared to Siddhika Coatings IPO P/E ratio of .

Rajeshwari Cans IPO

Siddhika Coatings IPO

Financial

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

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,142.26	2,302.13	2,054.86	1,535.18
Total Revenue	614.65	3,041.78	3,223.74	2,214.65
Profit After Tax	19.98	295.86	351.14	256.44

Promoter Shareholding (Pre-Issue)

100%

83.64%

Promoter Shareholding (Post-Issue)

61.71%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Rajeshwari Cans IPO retail investors (RII) are offered 9,54,000 shares while in Siddhika Coatings IPO retail investors are offered 9,54,000 shares. Qualified institutional buyers (QIB) are offered in Rajeshwari Cans IPO and in Siddhika Coatings IPO.

	Rajeshwari Cans IPO	Siddhika Coatings IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,08,000 shares	42,000 shares
QIB
NII	9,54,000 shares	3,91,000 shares
RII	9,54,000 shares	3,91,000 shares
Employee
Others
Total	19,08,000 shares	7,82,000 shares

Bids Received (Subscription)

Rajeshwari Cans IPO subscribed 1.40x in total, whereas Siddhika Coatings IPO subscribed 2.60x.

	Rajeshwari Cans IPO	Siddhika Coatings IPO
QIB (times)
NII (times)	1.60x	2.33x
Big NII (times)
Small NII (times)
RII (times)	1.19x	2.87x
Employee (times)
Other (times)
Total (times)	1.40x	2.60x

Compare with others

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

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