Ratnaveer Precision Engineering IPO vs Rishabh Instruments IPO

Comparision between Ratnaveer Precision Engineering IPO and Rishabh Instruments IPO.

IPO Details

Ratnaveer Precision Engineering IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rishabh Instruments IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Ratnaveer Precision Engineering IPO	Rishabh Instruments 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	Unistone Capital Pvt Ltd	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited Mirae Asset Capital Markets (India) Private Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of Ratnaveer Precision Engineering IPO is ₹98.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.

	Ratnaveer Precision Engineering IPO	Rishabh Instruments IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹93.00 per share	₹418.00 per share
Issue Price (Upper)	₹98.00 per share	₹441.00 per share
Issue Price (Final)	₹98.00 per share	₹441.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	150 shares	34 shares
Fresh Issue Size	1,38,00,000 shares	17,00,680 shares
Fresh Issue Size (Amount)	up to ₹135.24 Cr	up to ₹75.00 Cr
OFS Issue Size	30,40,000 shares	94,28,178 shares
OFS Issue Size (Amount)	up to ₹29.79 Cr	up to ₹415.78 Cr
Issue Size Total	1,68,40,000 shares	1,11,28,858 shares
Issue Size Total (Amount)	up to ₹165.03 Cr	up to ₹490.78 Cr

IPO Timetable

Ratnaveer Precision Engineering IPO opens on Sep 04, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of Ratnaveer Precision Engineering IPO and Rishabh Instruments IPO is Sep 06, 2023, and Sep 01, 2023, respectively.

	Ratnaveer Precision Engineering IPO	Rishabh Instruments IPO
Anchor Bid Date	Sep 01, 2023	Aug 29, 2023
Issue Open	Sep 04, 2023	Aug 30, 2023
Issue Close	Sep 06, 2023	Sep 01, 2023
Basis Of Allotment (Tentative)	Sep 07, 2023	Sep 06, 2023
Initiation of Refunds (Tentative)	Sep 08, 2023	Sep 07, 2023
Credit of Share (Tentative)	Sep 08, 2023	Sep 08, 2023
Listing date (Tentative)	Sep 11, 2023	Sep 11, 2023
Anchor Lockin End date 1	Oct 07, 2023	Oct 06, 2023
Anchor Lockin End date 2	Dec 06, 2023	Dec 05, 2023

Financials

Ratnaveer Precision Engineering IPO P/E ratio is , as compared to Rishabh Instruments IPO P/E ratio of .

Ratnaveer Precision Engineering IPO

Rishabh Instruments IPO

Financial

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

Rishabh Instruments IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	511.97	563.89	648.93
Revenue	402.49	479.92	579.78
Profit After Tax	35.94	49.65	49.69
Net Worth	302.13	346.10	408.75
Reserves and Surplus
Total Borrowing	91.95	96.57	102.85

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

86.3%

80.67%

Promoter Shareholding (Post-Issue)

55.48%

70.68%

P/E Ratio

Market Cap

₹475.29 Cr.

₹1674.10 Cr.

ROE

29.12%%

12.39%%

ROCE

12.62%%

13.77%%

Debt/Equity

2.17

0.26

EPS

₹7.26

₹12.84

RoNW

29.12%%

11.67%%

Shares Offered

In the Ratnaveer Precision Engineering IPO retail investors (RII) are offered 58,94,000 shares while in Rishabh Instruments IPO retail investors are offered 58,94,000 shares. Qualified institutional buyers (QIB) are offered 33,68,000 shares in Ratnaveer Precision Engineering IPO and 22,25,772 shares in Rishabh Instruments IPO.

	Ratnaveer Precision Engineering IPO	Rishabh Instruments IPO
Anchor Investor Reserveration	50,52,000 shares	33,38,656 shares
Market Maker Reserveration
QIB	33,68,000 shares	22,25,772 shares
NII	25,26,000 shares	16,69,329 shares
RII	58,94,000 shares	38,95,101 shares
Employee	0 shares	0 shares
Others
Total	1,17,88,000 shares	77,90,202 shares

Bids Received (Subscription)

Ratnaveer Precision Engineering IPO subscribed 93.99x in total, whereas Rishabh Instruments IPO subscribed 31.65x.

	Ratnaveer Precision Engineering IPO	Rishabh Instruments IPO
QIB (times)	133.05x	72.54x
NII (times)	135.21x	31.29x
Big NII (times)	130.63x	34.01x
Small NII (times)	144.37x	25.86x
RII (times)	54.00x	8.44x
Employee (times)
Other (times)
Total (times)	93.99x	31.65x

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