Rajnandini Metal IPO vs Silgo Retail IPO

Comparision between Rajnandini Metal IPO and Silgo Retail IPO.

IPO Details

Rajnandini Metal IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Silgo Retail IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Rajnandini Metal IPO	Silgo Retail IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rajnandini Metal IPO is up to ₹4.27 Cr whereas the issue size of the Silgo Retail IPO is up to ₹4.88 Cr. The final issue price of Rajnandini Metal IPO is ₹26.00 per share and of Silgo Retail IPO is ₹36.00 per share.

	Rajnandini Metal IPO	Silgo Retail IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹26.00 per share	₹36.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	16,44,000 shares	13,56,000 shares
Issue Size Total (Amount)	up to ₹4.27 Cr	up to ₹4.88 Cr

IPO Timetable

Rajnandini Metal IPO opens on Sep 24, 2018, while Silgo Retail IPO opens on Sep 27, 2018. The closing date of Rajnandini Metal IPO and Silgo Retail IPO is Sep 27, 2018, and Oct 03, 2018, respectively.

	Rajnandini Metal IPO	Silgo Retail IPO
Anchor Bid Date
Issue Open	Sep 24, 2018	Sep 27, 2018
Issue Close	Sep 27, 2018	Oct 03, 2018
Basis Of Allotment (Tentative)		Oct 08, 2018
Initiation of Refunds (Tentative)		Oct 09, 2018
Credit of Share (Tentative)		Oct 10, 2018
Listing date (Tentative)		Oct 10, 2018
Anchor Lockin End date 1		Nov 07, 2018
Anchor Lockin End date 2		Jan 06, 2019

Financials

Rajnandini Metal IPO P/E ratio is , as compared to Silgo Retail IPO P/E ratio of .

Rajnandini Metal IPO

Silgo Retail IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	3,883.98	4,250.62	3,437.18	3,316.57	4,590.35	3,830.85
Total Revenue	14,115.52	12,730.96	13,654.76	10,983.81	10,437.12	9,010.76
Profit After Tax	102.87	55.21	31.62	55.41	40.74	39.07

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	902.56	244.23	1.16
Total Revenue	1,646.51	497.62	--
Profit After Tax	94.75	18.15	--

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Rajnandini Metal IPO retail investors (RII) are offered 7,80,000 shares while in Silgo Retail IPO retail investors are offered 7,80,000 shares. Qualified institutional buyers (QIB) are offered in Rajnandini Metal IPO and in Silgo Retail IPO.

	Rajnandini Metal IPO	Silgo Retail IPO
Anchor Investor Reserveration
Market Maker Reserveration	84,000 shares	72,000 shares
QIB
NII	7,80,000 shares	6,42,000 shares
RII	7,80,000 shares	6,42,000 shares
Employee
Others
Total	15,60,000 shares	12,84,000 shares

Bids Received (Subscription)

Rajnandini Metal IPO subscribed 1.38x in total, whereas Silgo Retail IPO subscribed 1.23x.

	Rajnandini Metal IPO	Silgo Retail IPO
QIB (times)
NII (times)	2.38x	1.96x
Big NII (times)
Small NII (times)
RII (times)	0.38x	0.50x
Employee (times)
Other (times)
Total (times)	1.38x	1.23x

Compare with others

Rajnandini Metal IPO	Silgo Retail IPO
Vinny Overseas IPO	Sun Retail IPO
Kritika Wires IPO	Shubham Polyspin IPO
Silgo Retail IPO	Dolfin Rubbers IPO
Marine Electricals IPO	Vinny Overseas IPO
Parin Furniture IPO	Kritika Wires IPO
Mindpool Technologies IPO	Marine Electricals IPO
A1 Acid IPO	Parin Furniture IPO
Innovative Ideals IPO	Rajnandini Metal IPO
Mac Hotels IPO	Mindpool Technologies IPO
Sky Gold IPO	A1 Acid IPO

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