Diksha Greens IPO vs Ritco Logistics IPO

Comparision between Diksha Greens IPO and Ritco Logistics IPO.

IPO Details

Diksha Greens IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Book Built Issue proposed to list at BSE SME.

	Diksha Greens IPO	Ritco Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Cameo Corporate Services Limited	Link Intime India Private 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 Diksha Greens IPO is up to ₹13.32 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹48.18 Cr. The final issue price of Diksha Greens IPO is ₹30.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

	Diksha Greens IPO	Ritco Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹73.00 per share
Issue Price (Final)	₹30.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	1600 shares
Fresh Issue Size		50,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size		16,00,000 shares
OFS Issue Size (Amount)
Issue Size Total	44,40,000 shares	66,00,000 shares
Issue Size Total (Amount)	up to ₹13.32 Cr	up to ₹48.18 Cr

IPO Timetable

Diksha Greens IPO opens on Nov 26, 2018, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Diksha Greens IPO and Ritco Logistics IPO is Nov 28, 2018, and Jan 30, 2019, respectively.

	Diksha Greens IPO	Ritco Logistics IPO
Anchor Bid Date
Issue Open	Nov 26, 2018	Jan 28, 2019
Issue Close	Nov 28, 2018	Jan 30, 2019
Basis Of Allotment (Tentative)		Feb 04, 2019
Initiation of Refunds (Tentative)		Feb 05, 2019
Credit of Share (Tentative)		Feb 06, 2019
Listing date (Tentative)		Feb 07, 2019
Anchor Lockin End date 1		Mar 06, 2019
Anchor Lockin End date 2		May 05, 2019

Financials

Diksha Greens IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .

Diksha Greens IPO

Ritco Logistics IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,095.12	2,464.57	3,230.98	1,850.08	2,057.95	2,133.56
Total Revenue	1,256.07	4,182.95	5,446.68	5,422.61	5,424.85	5,300.53
Profit After Tax	41.45	55.05	63.78	45.99	40.33	38.59

Ritco Logistics financial Information (Restated)

Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sept-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	17,894.47	15,403.43	9,707.73	8,989.98
Total Revenue	20,860.31	34,391.49	32,896.06	31,416.47
Profit After Tax	621.18	1,027.95	381.83	143.67

Promoter Shareholding (Pre-Issue)

78.44%

Promoter Shareholding (Post-Issue)

55.88%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Diksha Greens IPO retail investors (RII) are offered 21,08,000 shares while in Ritco Logistics IPO retail investors are offered 21,08,000 shares. Qualified institutional buyers (QIB) are offered in Diksha Greens IPO and in Ritco Logistics IPO.

	Diksha Greens IPO	Ritco Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,24,000 shares	3,34,400 shares
QIB
NII	21,08,000 shares	31,32,800 shares
RII	21,08,000 shares	31,32,800 shares
Employee
Others
Total	42,16,000 shares	62,65,600 shares

Bids Received (Subscription)

Diksha Greens IPO subscribed 1.07x in total, whereas Ritco Logistics IPO subscribed 1.39x.

	Diksha Greens IPO	Ritco Logistics IPO
QIB (times)
NII (times)	1.99x	1.82x
Big NII (times)
Small NII (times)
RII (times)	0.07x	0.96x
Employee (times)
Other (times)
Total (times)	1.07x	1.39x

Compare with others

Diksha Greens IPO	Ritco Logistics IPO
Ritco Logistics IPO	Gleam Fabmat IPO
Surani Steel IPO	Aartech Solonics IPO
KPI Global IPO	Jonjua Overseas IPO
Axita Cotton IPO	Anmol India IPO
SR Dye-Chem IPO	Kranti Industries IPO
Agarwal Packers and Movers IPO	Surani Steel IPO
Shree Krishna Infrastructure IPO	KPI Global IPO
Roni Households IPO	Axita Cotton IPO
Shubhlaxmi Jewel IPO	SR Dye-Chem IPO
Ultra Wiring Connectivity IPO	Diksha Greens IPO

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