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Finelistings Technologies IPO vs Ramdevbaba Solvent IPO

Comparision between Finelistings Technologies IPO and Ramdevbaba Solvent IPO.

IPO Details

Finelistings Technologies IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Ramdevbaba Solvent IPO is a SME Book Built Issue proposed to list at NSE SME.

  Finelistings Technologies IPO Ramdevbaba Solvent IPO
Logo Finelistings Technologies IPO Logo Ramdevbaba Solvent IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Book Built Issue
Listing At BSE SME NSE SME
Lead Managers Fedex Securities Pvt Ltd Choice Capital Advisors Pvt Ltd
Registrar Skyline Financial Services Private Ltd Bigshare Services Pvt Ltd
Market Maker Rikhav Securities Limited Choice Equity Broking Private Limited
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Finelistings Technologies IPO is up to ₹13.53 Cr whereas the issue size of the Ramdevbaba Solvent IPO is up to ₹50.27 Cr. The final issue price of Finelistings Technologies IPO is ₹123.00 per share and of Ramdevbaba Solvent IPO is ₹85.00 per share.

  Finelistings Technologies IPO Ramdevbaba Solvent IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹80.00 per share
Issue Price (Upper) ₹85.00 per share
Issue Price (Final) ₹123.00 per share ₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1000 shares 1600 shares
Fresh Issue Size 11,00,000 shares 59,13,600 shares
Fresh Issue Size (Amount) up to ₹13.53 Cr up to ₹50.27 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 11,00,000 shares 59,13,600 shares
Issue Size Total (Amount) up to ₹13.53 Cr up to ₹50.27 Cr

IPO Timetable

Finelistings Technologies IPO opens on May 07, 2024, while Ramdevbaba Solvent IPO opens on Apr 15, 2024. The closing date of Finelistings Technologies IPO and Ramdevbaba Solvent IPO is May 09, 2024, and Apr 18, 2024, respectively.

  Finelistings Technologies IPO Ramdevbaba Solvent IPO
Anchor Bid Date Apr 12, 2024
Issue Open May 07, 2024 Apr 15, 2024
Issue Close May 09, 2024 Apr 18, 2024
Basis Of Allotment (Tentative) May 10, 2024 Apr 19, 2024
Initiation of Refunds (Tentative) May 13, 2024 Apr 22, 2024
Credit of Share (Tentative) May 13, 2024 Apr 22, 2024
Listing date (Tentative) May 14, 2024 Apr 23, 2024
Anchor Lockin End date 1 May 19, 2024
Anchor Lockin End date 2 Jul 18, 2024

Financials

Finelistings Technologies IPO P/E ratio is 17.44, as compared to Ramdevbaba Solvent IPO P/E ratio of 10.6.

  Finelistings Technologies IPO Ramdevbaba Solvent IPO
Financial

Finelistings Technologies Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets968.921,015.99154.3359.69
Revenue1,359.971,390.62694.32146.43
Profit After Tax276.99178.92-8.33-17.26
Net Worth618.96351.8347.9156.24
Reserves and Surplus375.2098.2146.7955.12
Amount in ₹ Lakhs

Ramdevbaba Solvent Limited Financial Information (Restated)

Ramdevbaba Solvent Limited's revenue increased by 20.35% and profit after tax (PAT) rose by 97.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets20,341.2419,062.6113,134.8610,125.05
Revenue46,569.8170,433.4158,525.4642,717.32
Profit After Tax828.901,300.15659.15617.06
Net Worth6,857.154,783.253,483.102,823.95
Reserves and Surplus5,235.974,324.523,024.372,365.22
Total Borrowing9,998.789,922.636,485.674,474.16
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 71.65% 81.01%
Promoter Shareholding (Post-Issue) 49.98%
P/E Ratio 17.44 10.6
Market Cap ₹44.73 Cr. ₹188.07 Cr.
ROE 43.16%%
ROCE 21.73%% 10.76%%
Debt/Equity 1.46
EPS ₹7.05 ₹8.02
RoNW 44.05%% 14.24%%

Shares Offered

In the Finelistings Technologies IPO retail investors (RII) are offered 5,21,000 shares while in Ramdevbaba Solvent IPO retail investors are offered 5,21,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Finelistings Technologies IPO and 11,20,000 shares in Ramdevbaba Solvent IPO.

  Finelistings Technologies IPO Ramdevbaba Solvent IPO
Anchor Investor Reserveration 16,80,000 shares
Market Maker Reserveration 58,000 shares 3,13,600 shares
QIB 0 shares 11,20,000 shares
NII 5,21,000 shares 8,40,000 shares
RII 5,21,000 shares 19,60,000 shares
Employee 0 shares 0 shares
Others
Total 10,42,000 shares 39,20,000 shares

Bids Received (Subscription)

Finelistings Technologies IPO subscribed 37.44x in total, whereas Ramdevbaba Solvent IPO subscribed 126.21x.

  Finelistings Technologies IPO Ramdevbaba Solvent IPO
QIB (times) 65.95x
NII (times) 29.85x 314.46x
Big NII (times)
Small NII (times)
RII (times) 38.96x 79.96x
Employee (times)
Other (times)
Total (times) 37.44x 126.21x

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