Balaji Speciality Chemicals IPO vs Ratnaveer Precision Engineering IPO

Comparision between Balaji Speciality Chemicals IPO and Ratnaveer Precision Engineering IPO.

IPO Details

Balaji Speciality Chemicals IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Balaji Speciality Chemicals IPO	Ratnaveer Precision Engineering IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Hdfc Bank Limited Jm Financial Limited	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Balaji Speciality Chemicals IPO is whereas the issue size of the Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of Balaji Speciality Chemicals IPO is and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.

	Balaji Speciality Chemicals IPO	Ratnaveer Precision Engineering IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)		₹93.00 per share
Issue Price (Upper)		₹98.00 per share
Issue Price (Final)		₹98.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size		150 shares
Fresh Issue Size		1,38,00,000 shares
Fresh Issue Size (Amount)	up to ₹250.00 Cr	up to ₹135.24 Cr
OFS Issue Size	2,60,00,000 shares	30,40,000 shares
OFS Issue Size (Amount)		up to ₹29.79 Cr
Issue Size Total		1,68,40,000 shares
Issue Size Total (Amount)		up to ₹165.03 Cr

IPO Timetable

Balaji Speciality Chemicals IPO opens on , while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of Balaji Speciality Chemicals IPO and Ratnaveer Precision Engineering IPO is , and Sep 06, 2023, respectively.

	Balaji Speciality Chemicals IPO	Ratnaveer Precision Engineering IPO
Anchor Bid Date		Sep 01, 2023
Issue Open		Sep 04, 2023
Issue Close		Sep 06, 2023
Basis Of Allotment (Tentative)		Sep 07, 2023
Initiation of Refunds (Tentative)		Sep 08, 2023
Credit of Share (Tentative)		Sep 08, 2023
Listing date (Tentative)		Sep 11, 2023
Anchor Lockin End date 1		Oct 07, 2023
Anchor Lockin End date 2		Dec 06, 2023

Financials

Balaji Speciality Chemicals IPO P/E ratio is , as compared to Ratnaveer Precision Engineering IPO P/E ratio of .

Balaji Speciality Chemicals IPO

Ratnaveer Precision Engineering IPO

Financial

Balaji Speciality Chemicals IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	304.24	303.04	401.61	480.98
Revenue	54.12	175.88	516.04	798.74
Profit After Tax	-15.87	10.40	108.95	178.14
Net Worth	68.13	78.53	187.48	365.55
Reserves and Surplus	28.13	38.53	147.48	325.55
Total Borrowing	203.55	204.41	166.64

Amount in ₹ Crore

Ratnaveer Precision Engineering IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	255.92	308.63	389.05
Revenue	364.05	428.47	481.14
Profit After Tax	5.46	9.48	25.04
Net Worth	56.58	65.97	106.05
Reserves and Surplus	52.32	61.71	71.16
Total Borrowing	150.76	190.73	229.99

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.98%

86.3%

Promoter Shareholding (Post-Issue)

55.48%

P/E Ratio

Market Cap

₹475.29 Cr.

ROE

29.12%%

ROCE

12.62%%

Debt/Equity

2.17

EPS

₹7.26

RoNW

29.12%%

Shares Offered

In the Balaji Speciality Chemicals IPO retail investors (RII) are offered while in Ratnaveer Precision Engineering IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Balaji Speciality Chemicals IPO and 33,68,000 shares in Ratnaveer Precision Engineering IPO.

	Balaji Speciality Chemicals IPO	Ratnaveer Precision Engineering IPO
Anchor Investor Reserveration		50,52,000 shares
Market Maker Reserveration
QIB		33,68,000 shares
NII		25,26,000 shares
RII		58,94,000 shares
Employee		0 shares
Others
Total		1,17,88,000 shares

Bids Received (Subscription)

Balaji Speciality Chemicals IPO subscribed in total, whereas Ratnaveer Precision Engineering IPO subscribed 93.99x.

	Balaji Speciality Chemicals IPO	Ratnaveer Precision Engineering IPO
QIB (times)		133.05x
NII (times)		135.21x
Big NII (times)		130.63x
Small NII (times)		144.37x
RII (times)		54.00x
Employee (times)
Other (times)
Total (times)		93.99x

Compare with others

Balaji Speciality Chemicals IPO	Ratnaveer Precision Engineering IPO
Ratnaveer Precision Engineering IPO	R R Kabel IPO
Vishnu Prakash R Punglia IPO	SAMHI Hotels IPO
Aeroflex Industries IPO	EMS IPO
Pyramid Technoplast IPO	Jupiter Life Line Hospitals IPO
India Shelter Finance IPO	Rishabh Instruments IPO
TVS Supply Chain Solutions IPO	Vishnu Prakash R Punglia IPO
Concord Biotech IPO	Aeroflex Industries IPO
SBFC Finance IPO	Pyramid Technoplast IPO
Yatharth Hospital IPO	India Shelter Finance IPO
Netweb Technologies India IPO	Balaji Speciality Chemicals IPO

Comments

Add a public comment...