Apeejay Surrendra Park IPO vs Rashi Peripherals IPO

Comparision between Apeejay Surrendra Park IPO and Rashi Peripherals IPO.

IPO Details

Apeejay Surrendra Park IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rashi Peripherals IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Apeejay Surrendra Park IPO	Rashi Peripherals 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	Jm Financial Limited ICICI Securities Limited Axis Capital Limited	Jm Financial Limited ICICI Securities Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Apeejay Surrendra Park IPO is up to ₹920.00 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Apeejay Surrendra Park IPO is ₹155.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.

	Apeejay Surrendra Park IPO	Rashi Peripherals IPO
Face Value	₹1 per share	₹5 per share
Issue Price (Lower)	₹147.00 per share	₹295.00 per share
Issue Price (Upper)	₹155.00 per share	₹311.00 per share
Issue Price (Final)	₹155.00 per share	₹311.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	96 shares	48 shares
Fresh Issue Size	3,87,09,677 shares	1,92,92,604 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹600.00 Cr
OFS Issue Size	2,06,45,161 shares
OFS Issue Size (Amount)	up to ₹320.00 Cr
Issue Size Total	5,93,54,838 shares	1,92,92,604 shares
Issue Size Total (Amount)	up to ₹920.00 Cr	up to ₹600.00 Cr

IPO Timetable

Apeejay Surrendra Park IPO opens on Feb 05, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Apeejay Surrendra Park IPO and Rashi Peripherals IPO is Feb 07, 2024, and Feb 09, 2024, respectively.

	Apeejay Surrendra Park IPO	Rashi Peripherals IPO
Anchor Bid Date	Feb 02, 2024	Feb 06, 2024
Issue Open	Feb 05, 2024	Feb 07, 2024
Issue Close	Feb 07, 2024	Feb 09, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Feb 12, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Feb 13, 2024
Credit of Share (Tentative)	Feb 09, 2024	Feb 13, 2024
Listing date (Tentative)	Feb 12, 2024	Feb 14, 2024
Anchor Lockin End date 1	Mar 09, 2024	Mar 13, 2024
Anchor Lockin End date 2	May 08, 2024	May 12, 2024

Financials

Apeejay Surrendra Park IPO P/E ratio is 56.33, as compared to Rashi Peripherals IPO P/E ratio of 11.75.

Apeejay Surrendra Park IPO

Rashi Peripherals IPO

Financial

Apeejay Surrendra Park Hotels Limited Financial Information (Restated Consolidated)

Apeejay Surrendra Park Hotels Limited's revenue increased by 95.81% and profit after tax (PAT) rose by 270.42% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,382.51	1,361.79	1,275.18	1,280.34
Revenue	272.31	524.43	267.83	190.29
Profit After Tax	22.95	48.06	-28.20	-75.88
Net Worth	578.71	555.68	508.51	536.28
Reserves and Surplus	561.24	538.22	491.05	518.81
Total Borrowing	597.09	566.88	622.68	593.44
Amount in ₹ Crore

Rashi Peripherals Limited Financial Information (Restated Consolidated)

Rashi Peripherals Limited's revenue increased by 1.58% and profit after tax (PAT) dropped by -32.42% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,058.64	2,798.60	2,669.76	1,594.39
Revenue	5,473.27	9,468.95	9,321.92	5,930.24
Profit After Tax	72.02	123.34	182.51	136.35
Net Worth	772.74	700.12	575.07	394.19
Reserves and Surplus	686.24	760.36	557.84	395.99
Total Borrowing	1,395.20	1,065.76	881.74	488.99
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

94.18%

89.65%

Promoter Shareholding (Post-Issue)

68.13%

63.41%

P/E Ratio

56.33

11.75

Market Cap

₹3307.26 Cr.

₹2049.48 Cr.

ROE

19.33%%

ROCE

14.21%%

Debt/Equity

0.99

1.53

EPS

₹2.75

₹26.46

RoNW

9.03%%

17.60%%

Shares Offered

In the Apeejay Surrendra Park IPO retail investors (RII) are offered 58,70,968 shares while in Rashi Peripherals IPO retail investors are offered 58,70,968 shares. Qualified institutional buyers (QIB) are offered 1,76,12,903 shares in Apeejay Surrendra Park IPO and 38,58,521 shares in Rashi Peripherals IPO.

	Apeejay Surrendra Park IPO	Rashi Peripherals IPO
Anchor Investor Reserveration	2,64,19,354 shares	57,87,780 shares
Market Maker Reserveration
QIB	1,76,12,903 shares	38,58,521 shares
NII	88,06,452 shares	28,93,891 shares
RII	58,70,968 shares	67,52,411 shares
Employee	6,75,675 shares	0 shares
Others
Total	3,29,65,998 shares	1,35,04,823 shares

Bids Received (Subscription)

Apeejay Surrendra Park IPO subscribed 62.91x in total, whereas Rashi Peripherals IPO subscribed 62.95x.

	Apeejay Surrendra Park IPO	Rashi Peripherals IPO
QIB (times)	79.23x	151.45x
NII (times)	55.26x	66.15x
Big NII (times)	61.55x	74.51x
Small NII (times)	42.68x	50.38x
RII (times)	32.00x	11.01x
Employee (times)	5.73x
Other (times)
Total (times)	62.91x	62.95x

Compare with others

Apeejay Surrendra Park IPO	Rashi Peripherals IPO
Entero Healthcare Solutions IPO	Exicom Tele-Systems IPO
Exicom Tele-Systems IPO	Capital SFB IPO
Capital SFB IPO	Jana SFB IPO
Jana SFB IPO	Platinum Industries IPO
Platinum Industries IPO	Apeejay Surrendra Park IPO
Rashi Peripherals IPO	BLS E-Services IPO
BLS E-Services IPO	R K SWAMY IPO
R K SWAMY IPO	EPACK Durable IPO
EPACK Durable IPO	Nova AgriTech IPO
Nova AgriTech IPO	Medi Assist Healthcare IPO

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