Comparison between Rajnandini Fashion India IPO and Tipco Engineering IPO.
Rajnandini Fashion India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Tipco Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.
| Rajnandini Fashion India IPO | Tipco Engineering IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Seren Capital Pvt.Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Shreni Shares 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 Rajnandini Fashion India IPO is up to ₹17.29 Cr whereas the issue size of the Tipco Engineering IPO is up to ₹51.46 Cr. The final issue price of Rajnandini Fashion India IPO is ₹63.00 per share and of Tipco Engineering IPO is ₹89.00 per share.
| Rajnandini Fashion India IPO | Tipco Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | ₹84.00 per share |
| Issue Price (Upper) | ₹63.00 per share | ₹89.00 per share |
| Issue Price (Final) | ₹63.00 per share | ₹89.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 27,44,000 shares | 44,27,200 shares |
| Fresh Issue Size (Amount) | up to ₹17.29 Cr | up to ₹39.40 Cr |
| OFS Issue Size | 0 shares | 13,55,200 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.06 Cr |
| Issue Size Total | 27,44,000 shares | 57,82,400 shares |
| Issue Size Total (Amount) | up to ₹17.29 Cr | up to ₹51.46 Cr |
Rajnandini Fashion India IPO opens on May 26, 2026, while Tipco Engineering IPO opens on Mar 23, 2026. The closing date of Rajnandini Fashion India IPO and Tipco Engineering IPO is May 29, 2026, and Mar 25, 2026, respectively.
| Rajnandini Fashion India IPO | Tipco Engineering IPO | |
|---|---|---|
| Anchor Bid Date | May 25, 2026 | Mar 20, 2026 |
| Issue Open | May 26, 2026 | Mar 23, 2026 |
| Issue Close | May 29, 2026 | Mar 25, 2026 |
| Basis Of Allotment (Tentative) | Jun 01, 2026 | Mar 27, 2026 |
| Initiation of Refunds (Tentative) | Jun 02, 2026 | Mar 30, 2026 |
| Credit of Share (Tentative) | Jun 02, 2026 | Mar 30, 2026 |
| Listing date (Tentative) | Jun 03, 2026 | Apr 01, 2026 |
| Anchor Lockin End date 1 | Jun 30, 2026 | Apr 26, 2026 |
| Anchor Lockin End date 2 | Aug 29, 2026 | Jun 25, 2026 |
Rajnandini Fashion India IPO P/E ratio is 9.31, as compared to Tipco Engineering IPO P/E ratio of 8.73.
| Rajnandini Fashion India IPO | Tipco Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.19 | 87.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.11 | 57.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.31 | 8.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹65.33 Cr. | ₹184.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 74.74 | 68.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 40.00 | 33.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | 1.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.77 | ₹10.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 54.41 | 46.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rajnandini Fashion India IPO Retail Individual Investors (RII) are offered 9,64,000 shares while in Tipco Engineering IPO retail investors are offered 9,64,000 shares. Qualified Institutional Buyers (QIB) are offered 5,48,000 shares in Rajnandini Fashion India IPO and 11,56,800 shares in Tipco Engineering IPO.
| Rajnandini Fashion India IPO | Tipco Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,18,000 shares | 17,20,000 shares |
| Market Maker Reservation | 1,46,000 shares | 10,20,800 shares |
| QIB | 5,48,000 shares | 11,56,800 shares |
| NII | 4,14,000 shares | 8,73,600 shares |
| RII | 9,64,000 shares | 20,32,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 27,44,000 shares | 57,82,400 shares |
Rajnandini Fashion India IPO subscribed 143.01x in total, whereas Tipco Engineering IPO subscribed 1.20x.
| Rajnandini Fashion India IPO | Tipco Engineering IPO | |
|---|---|---|
| QIB (times) | 122.04x | 3.20x |
| NII (times) | 393.63x | 2.12x |
| Big NII (times) | 490.63x | 2.81x |
| Small NII (times) | 199.64x | 0.74x |
| RII (times) | 168.63x | 0.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 143.01x | 1.20x |