RO Jewels IPO vs SM Auto IPO

Comparision between RO Jewels IPO and SM Auto IPO.

IPO Details

RO Jewels IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while SM Auto IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	RO Jewels IPO	SM Auto IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	First Overseas Capital Limited	Hem Securities Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	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 RO Jewels IPO is up to ₹4.91 Cr whereas the issue size of the SM Auto IPO is up to ₹6.91 Cr. The final issue price of RO Jewels IPO is ₹36.00 per share and of SM Auto IPO is ₹18.00 per share.

	RO Jewels IPO	SM Auto IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹36.00 per share	₹18.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	8000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,65,000 shares	38,40,000 shares
Issue Size Total (Amount)	up to ₹4.91 Cr	up to ₹6.91 Cr

IPO Timetable

RO Jewels IPO opens on Mar 12, 2020, while SM Auto IPO opens on Mar 03, 2020. The closing date of RO Jewels IPO and SM Auto IPO is Mar 17, 2020, and Mar 05, 2020, respectively.

	RO Jewels IPO	SM Auto IPO
Anchor Bid Date
Issue Open	Mar 12, 2020	Mar 03, 2020
Issue Close	Mar 17, 2020	Mar 05, 2020
Basis Of Allotment (Tentative)	Mar 20, 2020	Mar 11, 2020
Initiation of Refunds (Tentative)	Mar 23, 2020	Mar 12, 2020
Credit of Share (Tentative)	Mar 24, 2020	Mar 13, 2020
Listing date (Tentative)	Mar 25, 2020	Mar 16, 2020
Anchor Lockin End date 1	Apr 19, 2020	Apr 10, 2020
Anchor Lockin End date 2	Jun 18, 2020	Jun 09, 2020

Financials

RO Jewels IPO P/E ratio is 34, as compared to SM Auto IPO P/E ratio of 300.

RO Jewels IPO

SM Auto IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	580.25	179.06	230.49	156.13
Total Revenue	1,047.22	424.34	975.70	574.40
Profit After Tax	15.05	1.49	6.85	5.87

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sept-19 (for 6 months)	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	4,725.75	5,332.17	5,289.03	5,252.40
Total Revenue	3,221.67	7,630.09	6,589.74	5,336.30
Profit After Tax	4,70	265.40	84.00	(173.11)

Promoter Shareholding (Pre-Issue)

87.38%

99.99%

Promoter Shareholding (Post-Issue)

45.26%

73.11%

P/E Ratio

300

Market Cap

₹10.20 Cr.

₹25.72 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the RO Jewels IPO retail investors (RII) are offered 6,48,000 shares while in SM Auto IPO retail investors are offered 6,48,000 shares. Qualified institutional buyers (QIB) are offered in RO Jewels IPO and in SM Auto IPO.

	RO Jewels IPO	SM Auto IPO
Anchor Investor Reserveration
Market Maker Reserveration	69,000 shares	36,00,000 shares
QIB
NII	6,48,000 shares	18,20,000 shares
RII	6,48,000 shares	18,20,000 shares
Employee
Others
Total	12,96,000 shares	36,40,000 shares

Bids Received (Subscription)

RO Jewels IPO subscribed 1.19x in total, whereas SM Auto IPO subscribed 1.34x.

	RO Jewels IPO	SM Auto IPO
QIB (times)
NII (times)	1.95x	2.21x
Big NII (times)
Small NII (times)
RII (times)	0.43x	0.47x
Employee (times)
Other (times)
Total (times)	1.19x	1.34x

Compare with others

RO Jewels IPO	SM Auto IPO
Billwin Industries IPO	DJ Mediaprint IPO
DJ Mediaprint IPO	Laxmi Goldorna IPO
Laxmi Goldorna IPO	Cospower Engineering IPO
Cospower Engineering IPO	Nirmitee Robotics IPO
Nirmitee Robotics IPO	RO Jewels IPO
SM Auto IPO	ICL Dairy IPO
ICL Dairy IPO	CBC Pharma IPO
CBC Pharma IPO	Tranway IPO
Tranway IPO	Madhav Copper FPO
Madhav Copper FPO	Janus IPO

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