Agni Green Power IPO vs Rhetan TMT IPO

Comparision between Agni Green Power IPO and Rhetan TMT IPO.

IPO Details

Agni Green Power IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Rhetan TMT IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Agni Green Power IPO	Rhetan TMT IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Aryaman Financial Services Limited
Registrar	Cameo Corporate Services 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 Agni Green Power IPO is up to ₹5.25 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹56.00 Cr. The final issue price of Agni Green Power IPO is ₹10.00 per share and of Rhetan TMT IPO is ₹70.00 per share.

	Agni Green Power IPO	Rhetan TMT IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹10.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	2000 shares
Fresh Issue Size	52,50,000 shares	80,00,000 shares
Fresh Issue Size (Amount)	up to ₹5.25 Cr	up to ₹56.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,50,000 shares	80,00,000 shares
Issue Size Total (Amount)	up to ₹5.25 Cr	up to ₹56.00 Cr

IPO Timetable

Agni Green Power IPO opens on Jul 20, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Agni Green Power IPO and Rhetan TMT IPO is Jul 22, 2022, and Aug 25, 2022, respectively.

	Agni Green Power IPO	Rhetan TMT IPO
Anchor Bid Date
Issue Open	Jul 20, 2022	Aug 22, 2022
Issue Close	Jul 22, 2022	Aug 25, 2022
Basis Of Allotment (Tentative)	Jul 27, 2022	Aug 30, 2022
Initiation of Refunds (Tentative)	Jul 28, 2022	Sep 01, 2022
Credit of Share (Tentative)	Jul 29, 2022	Sep 02, 2022
Listing date (Tentative)	Aug 01, 2022	Sep 05, 2022
Anchor Lockin End date 1	Aug 26, 2022	Sep 29, 2022
Anchor Lockin End date 2	Oct 25, 2022	Nov 28, 2022

Financials

Agni Green Power IPO P/E ratio is 250, as compared to Rhetan TMT IPO P/E ratio of 63.64.

Agni Green Power IPO

Rhetan TMT IPO

Financial

Agni Green Power Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	4601.52	3173.32	223.3	2619.1	1904.86
31-Mar-20	4530.39	2324.05	10.25	2629.35	1915.11
31-Mar-21	4648.97	3526.79	10.56	2639.91	1925.67
31-Jan-22	4404.55	711.81	7.13	2647.04	1218.56
Amount in ₹ Lakhs

Rhetan TMT Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	3046.86	2008.26	-58.04	30.21	-311.65
31-Mar-21	3980.65	5213.01	13.44	783.65	-298.21
31-Mar-22	5900.06	6703.45	234.57	2313.21	1046.35
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.50%

99.62%

Promoter Shareholding (Post-Issue)

70.57%

62.12%

P/E Ratio

250

63.64

Market Cap

₹19.54 Cr.

₹148.75 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Agni Green Power IPO retail investors (RII) are offered 24,90,000 shares while in Rhetan TMT IPO retail investors are offered 24,90,000 shares. Qualified institutional buyers (QIB) are offered in Agni Green Power IPO and in Rhetan TMT IPO.

	Agni Green Power IPO	Rhetan TMT IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,70,000 shares	4,16,000 shares
QIB
NII	24,90,000 shares	37,92,000 shares
RII	24,90,000 shares	37,92,000 shares
Employee
Others
Total	49,80,000 shares	75,84,000 shares

Bids Received (Subscription)

Agni Green Power IPO subscribed 73.66x in total, whereas Rhetan TMT IPO subscribed 1.47x.

	Agni Green Power IPO	Rhetan TMT IPO
QIB (times)
NII (times)	107.40x	2.18x
Big NII (times)
Small NII (times)
RII (times)	39.92x	0.76x
Employee (times)
Other (times)
Total (times)	73.66x	1.47x

Compare with others

Agni Green Power IPO	Rhetan TMT IPO
Rhetan TMT IPO	EP Biocomposites IPO
JFL Life Sciences IPO	Dipna Pharmachem IPO
Olatech Solutions IPO	Ameya Engineers IPO
Veekayem Fashion and Apparels IPO	Kore Mobile IPO
Upsurge Seeds of Agriculture IPO	Naturo Indiabull IPO
Healthy Life Agritec IPO	JFL Life Sciences IPO
Kesar India IPO	Olatech Solutions IPO
B Right Realestate IPO	Veekayem Fashion and Apparels IPO
Jayant Infratech IPO	Upsurge Seeds of Agriculture IPO
SKP Bearing Industries IPO	Agni Green Power IPO

Comments

Add a public comment...