Comparison between RFBL Flexi Pack IPO and Shellz India IPO.
RFBL Flexi Pack IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shellz India IPO is a SME Bookbuilding proposed to list at BSE SME.
| RFBL Flexi Pack IPO | Shellz India IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Grow House Wealth Management Pvt.Ltd. | Socradamus Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | MNM Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of RFBL Flexi Pack IPO is up to ₹33.56 Cr whereas the issue size of the Shellz India IPO is up to ₹0.00 Cr. The final issue price of RFBL Flexi Pack IPO is ₹50.00 per share and of Shellz India IPO is .
| RFBL Flexi Pack IPO | Shellz India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹47.00 per share | |
| Issue Price (Upper) | ₹50.00 per share | |
| Issue Price (Final) | ₹50.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | |
| Fresh Issue Size | 67,11,000 shares | 40,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹33.56 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 67,11,000 shares | 40,00,000 shares |
| Issue Size Total (Amount) | up to ₹33.56 Cr | up to ₹0.00 Cr |
RFBL Flexi Pack IPO opens on May 12, 2026, while Shellz India IPO opens on . The closing date of RFBL Flexi Pack IPO and Shellz India IPO is May 14, 2026, and , respectively.
| RFBL Flexi Pack IPO | Shellz India IPO | |
|---|---|---|
| Anchor Bid Date | May 11, 2026 | |
| Issue Open | May 12, 2026 | |
| Issue Close | May 14, 2026 | |
| Basis Of Allotment (Tentative) | May 15, 2026 | |
| Initiation of Refunds (Tentative) | May 18, 2026 | |
| Credit of Share (Tentative) | May 18, 2026 | |
| Listing date (Tentative) | May 19, 2026 | |
| Anchor Lockin End date 1 | Jun 14, 2026 | |
| Anchor Lockin End date 2 | Aug 13, 2026 |
RFBL Flexi Pack IPO P/E ratio is 9.75, as compared to Shellz India IPO P/E ratio of .
| RFBL Flexi Pack IPO | Shellz India IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 88.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.58 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 60.18 | 24.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.70 | 17.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.05 | 1.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 60.18 | 20.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the RFBL Flexi Pack IPO Retail Individual Investors (RII) are offered 42,18,000 shares while in Shellz India IPO retail investors are offered 42,18,000 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in RFBL Flexi Pack IPO and 0 shares in Shellz India IPO.
| RFBL Flexi Pack IPO | Shellz India IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 3,54,000 shares | 0 shares |
| QIB | 3,60,000 shares | 0 shares |
| NII | 21,33,000 shares | 0 shares |
| RII | 42,18,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 67,11,000 shares | 0 shares |
RFBL Flexi Pack IPO subscribed 21.48x in total, whereas Shellz India IPO subscribed .
| RFBL Flexi Pack IPO | Shellz India IPO | |
|---|---|---|
| QIB (times) | 124.39x | |
| NII (times) | 24.12x | |
| Big NII (times) | 28.86x | |
| Small NII (times) | 14.65x | |
| RII (times) | 11.36x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.48x |
