EPACK Durable IPO vs Rashi Peripherals IPO

Comparision between EPACK Durable IPO and Rashi Peripherals IPO.

IPO Details

EPACK Durable 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.

	EPACK Durable 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	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited	Jm Financial Limited ICICI Securities Limited
Registrar	Kfin Technologies Limited	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 EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.

	EPACK Durable IPO	Rashi Peripherals IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹218.00 per share	₹295.00 per share
Issue Price (Upper)	₹230.00 per share	₹311.00 per share
Issue Price (Final)	₹230.00 per share	₹311.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	65 shares	48 shares
Fresh Issue Size	1,73,91,304 shares	1,92,92,604 shares
Fresh Issue Size (Amount)	up to ₹400.00 Cr	up to ₹600.00 Cr
OFS Issue Size	1,04,37,047 shares
OFS Issue Size (Amount)	up to ₹240.05 Cr
Issue Size Total	2,78,28,351 shares	1,92,92,604 shares
Issue Size Total (Amount)	up to ₹640.05 Cr	up to ₹600.00 Cr

IPO Timetable

EPACK Durable IPO opens on Jan 19, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of EPACK Durable IPO and Rashi Peripherals IPO is Jan 24, 2024, and Feb 09, 2024, respectively.

	EPACK Durable IPO	Rashi Peripherals IPO
Anchor Bid Date	Jan 18, 2024	Feb 06, 2024
Issue Open	Jan 19, 2024	Feb 07, 2024
Issue Close	Jan 24, 2024	Feb 09, 2024
Basis Of Allotment (Tentative)	Jan 25, 2024	Feb 12, 2024
Initiation of Refunds (Tentative)	Jan 29, 2024	Feb 13, 2024
Credit of Share (Tentative)	Jan 29, 2024	Feb 13, 2024
Listing date (Tentative)	Jan 30, 2024	Feb 14, 2024
Anchor Lockin End date 1	Feb 24, 2024	Mar 13, 2024
Anchor Lockin End date 2	Apr 24, 2024	May 12, 2024

Financials

EPACK Durable IPO P/E ratio is 56.4, as compared to Rashi Peripherals IPO P/E ratio of 11.75.

EPACK Durable IPO

Rashi Peripherals IPO

Financial

EPACK Durable Limited Financial Information (Restated)

EPACK Durable Limited's revenue increased by 66.09% and profit after tax (PAT) rose by 83.39% 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	1,071.45	1,464.16	1,076.68	520.37
Revenue	616.32	1,540.25	927.34	739.66
Profit After Tax	2.65	31.97	17.43	7.80
Net Worth	478.31	313.62	121.87	68.91
Total Borrowing	369.57	492.45	383.98	238.56
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)

85.49%

89.65%

Promoter Shareholding (Post-Issue)

65.36%

63.41%

P/E Ratio

56.4

11.75

Market Cap

₹2203.37 Cr.

₹2049.48 Cr.

ROE

14.68%%

19.33%%

ROCE

11.85%%

14.21%%

Debt/Equity

1.58

1.53

EPS

₹4.08

₹26.46

RoNW

14.68%%

17.60%%

Shares Offered

In the EPACK Durable IPO retail investors (RII) are offered 97,39,923 shares while in Rashi Peripherals IPO retail investors are offered 97,39,923 shares. Qualified institutional buyers (QIB) are offered 55,65,670 shares in EPACK Durable IPO and 38,58,521 shares in Rashi Peripherals IPO.

	EPACK Durable IPO	Rashi Peripherals IPO
Anchor Investor Reserveration	83,48,504 shares	57,87,780 shares
Market Maker Reserveration
QIB	55,65,670 shares	38,58,521 shares
NII	41,74,253 shares	28,93,891 shares
RII	97,39,923 shares	67,52,411 shares
Employee	0 shares	0 shares
Others
Total	1,94,79,846 shares	1,35,04,823 shares

Bids Received (Subscription)

EPACK Durable IPO subscribed 16.79x in total, whereas Rashi Peripherals IPO subscribed 62.95x.

	EPACK Durable IPO	Rashi Peripherals IPO
QIB (times)	25.59x	151.45x
NII (times)	29.07x	66.15x
Big NII (times)	31.60x	74.51x
Small NII (times)	21.74x	50.38x
RII (times)	6.50x	11.01x
Employee (times)
Other (times)
Total (times)	16.79x	62.95x

Compare with others

EPACK Durable IPO	Rashi Peripherals IPO
Platinum Industries IPO	Exicom Tele-Systems IPO
Apeejay Surrendra Park IPO	Capital SFB IPO
Rashi Peripherals IPO	Jana SFB IPO
BLS E-Services IPO	Platinum Industries IPO
R K SWAMY IPO	Apeejay Surrendra Park IPO
Nova AgriTech IPO	BLS E-Services IPO
Medi Assist Healthcare IPO	R K SWAMY IPO
Jyoti CNC Automation IPO	EPACK Durable IPO
Innova Captab IPO	Nova AgriTech IPO
Azad Engineering IPO	Medi Assist Healthcare IPO

Comments

Add a public comment...