Abha Power and Steel IPO vs Rajputana Biodiesel IPO

Comparision between Abha Power and Steel IPO and Rajputana Biodiesel IPO.

IPO Details

Abha Power and Steel IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rajputana Biodiesel IPO is a SME Book Built Issue proposed to list at NSE SME.

	Abha Power and Steel IPO	Rajputana Biodiesel IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	GYR Capital Advisors Private Limited
Registrar	Skyline Financial Services Private Ltd	Maashitla Securities Private Limited
Market Maker	Giriraj Stock Broking Private Limited	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Abha Power and Steel IPO is up to ₹38.54 Cr whereas the issue size of the Rajputana Biodiesel IPO is up to ₹24.70 Cr. The final issue price of Abha Power and Steel IPO is ₹75.00 per share and of Rajputana Biodiesel IPO is .

	Abha Power and Steel IPO	Rajputana Biodiesel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹123.00 per share
Issue Price (Upper)		₹130.00 per share
Issue Price (Final)	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1000 shares
Fresh Issue Size	41,39,200 shares	19,00,000 shares
Fresh Issue Size (Amount)	up to ₹31.04 Cr	up to ₹24.70 Cr
OFS Issue Size	10,00,000 shares
OFS Issue Size (Amount)	up to ₹7.50 Cr
Issue Size Total	51,39,200 shares	19,00,000 shares
Issue Size Total (Amount)	up to ₹38.54 Cr	up to ₹24.70 Cr

IPO Timetable

Abha Power and Steel IPO opens on Nov 27, 2024, while Rajputana Biodiesel IPO opens on Nov 26, 2024. The closing date of Abha Power and Steel IPO and Rajputana Biodiesel IPO is Nov 29, 2024, and Nov 28, 2024, respectively.

	Abha Power and Steel IPO	Rajputana Biodiesel IPO
Anchor Bid Date		Nov 25, 2024
Issue Open	Nov 27, 2024	Nov 26, 2024
Issue Close	Nov 29, 2024	Nov 28, 2024
Basis Of Allotment (Tentative)	Dec 02, 2024	Nov 29, 2024
Initiation of Refunds (Tentative)	Dec 03, 2024	Nov 29, 2024
Credit of Share (Tentative)	Dec 03, 2024	Dec 02, 2024
Listing date (Tentative)	Dec 04, 2024	Dec 03, 2024
Anchor Lockin End date 1		Dec 29, 2024
Anchor Lockin End date 2		Feb 27, 2025

Financials

Abha Power and Steel IPO P/E ratio is 28.65, as compared to Rajputana Biodiesel IPO P/E ratio of 14.75.

Abha Power and Steel IPO

Rajputana Biodiesel IPO

Financial

Abha Power and Steel Limited Financial Information (Restated)

Abha Power and Steel Limited's revenue decreased by -6% and profit after tax (PAT) rose by 170% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	15 Oct 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	5,135.61	4,735.9	4,476.89	3,536.87
Revenue	3,754.92	5,182.68	5,511.82	5,498.4
Profit After Tax	361.97	378.19	140.14	-71.53
Net Worth	2,115.63	1,753.66	1,375.47	1,120.07
Reserves and Surplus	670.76	308.8	893.85	678.47
Total Borrowing	2,177.34	2,373.22	2,393.34	1,765.62
Amount in ₹ Lakhs

Rajputana Biodiesel Limited Financial Information (Restated Consolidated)

Rajputana Biodiesel Limited's revenue increased by 128% and profit after tax (PAT) rose by 168% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Jul 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,626	3,995.16	1,515.69	1,071.47
Revenue	2,779.18	5,367.51	2,354.06	1,746.07
Profit After Tax	259.59	452.43	168.83	19.97
Net Worth	1,573.81	1,314.22	454.99	-128.92
Reserves and Surplus	1,050.46	800.87	-7.01	-131.42
Total Borrowing	1,989.23	1,914.19	887.12	1,093.61
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

90.00%

Promoter Shareholding (Post-Issue)

72.35%

65.68%

P/E Ratio

28.65

14.75

Market Cap

₹139.41 Cr.

₹91.44 Cr.

ROE

24.17%%

ROCE

23.64%%

11.00%%

Debt/Equity

1.35

1.26

EPS

₹2.62

₹8.81

RoNW

24.17%%

16.49%%

Shares Offered

In the Abha Power and Steel IPO retail investors (RII) are offered while in Rajputana Biodiesel IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Abha Power and Steel IPO and in Rajputana Biodiesel IPO.

	Abha Power and Steel IPO	Rajputana Biodiesel IPO
Anchor Investor Reserveration		5,15,000 shares
Market Maker Reserveration	2,62,400 shares	1,41,000 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Abha Power and Steel IPO subscribed in total, whereas Rajputana Biodiesel IPO subscribed .

	Abha Power and Steel IPO	Rajputana Biodiesel IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Abha Power and Steel IPO	Rajputana Biodiesel IPO
Ganesh Infraworld IPO	Abha Power and Steel IPO
Agarwal Toughened Glass India IPO	Ganesh Infraworld IPO
Apex Ecotech IPO	Agarwal Toughened Glass India IPO
Rajputana Biodiesel IPO	Apex Ecotech IPO
Rajesh Power Services IPO	Rajesh Power Services IPO
	C2C Advanced Systems IPO
	Lamosaic India IPO
	Nisus Finance Services IPO
	Onyx Biotec IPO

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