Exicom Tele-Systems IPO vs Rashi Peripherals IPO

Comparision between Exicom Tele-Systems IPO and Rashi Peripherals IPO.

IPO Details

Exicom Tele-Systems 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.

	Exicom Tele-Systems 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	Monarch Networth Capital Ltd Unistone Capital Pvt Ltd Systematix Corporate Services 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 Exicom Tele-Systems IPO is up to ₹429.00 Cr whereas the issue size of the Rashi Peripherals IPO is up to ₹600.00 Cr. The final issue price of Exicom Tele-Systems IPO is ₹142.00 per share and of Rashi Peripherals IPO is ₹311.00 per share.

	Exicom Tele-Systems IPO	Rashi Peripherals IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹135.00 per share	₹295.00 per share
Issue Price (Upper)	₹142.00 per share	₹311.00 per share
Issue Price (Final)	₹142.00 per share	₹311.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	100 shares	48 shares
Fresh Issue Size	2,31,69,014 shares	1,92,92,604 shares
Fresh Issue Size (Amount)	up to ₹329.00 Cr	up to ₹600.00 Cr
OFS Issue Size	70,42,200 shares
OFS Issue Size (Amount)	up to ₹100.00 Cr
Issue Size Total	3,02,11,214 shares	1,92,92,604 shares
Issue Size Total (Amount)	up to ₹429.00 Cr	up to ₹600.00 Cr

IPO Timetable

Exicom Tele-Systems IPO opens on Feb 27, 2024, while Rashi Peripherals IPO opens on Feb 07, 2024. The closing date of Exicom Tele-Systems IPO and Rashi Peripherals IPO is Feb 29, 2024, and Feb 09, 2024, respectively.

	Exicom Tele-Systems IPO	Rashi Peripherals IPO
Anchor Bid Date	Feb 26, 2024	Feb 06, 2024
Issue Open	Feb 27, 2024	Feb 07, 2024
Issue Close	Feb 29, 2024	Feb 09, 2024
Basis Of Allotment (Tentative)	Mar 01, 2024	Feb 12, 2024
Initiation of Refunds (Tentative)	Mar 04, 2024	Feb 13, 2024
Credit of Share (Tentative)	Mar 04, 2024	Feb 13, 2024
Listing date (Tentative)	Mar 05, 2024	Feb 14, 2024
Anchor Lockin End date 1	Mar 31, 2024	Mar 13, 2024
Anchor Lockin End date 2	May 30, 2024	May 12, 2024

Financials

Exicom Tele-Systems IPO P/E ratio is 217.63, as compared to Rashi Peripherals IPO P/E ratio of 11.75.

Exicom Tele-Systems IPO

Rashi Peripherals IPO

Financial

Exicom Tele-Systems Limited Financial Information (Restated Consolidated)

Exicom Tele-Systems Limited's revenue decreased by -14.79% and profit after tax (PAT) rose by 24.07% 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	629.41	705.09	602.99	678.46
Revenue	467.21	723.40	848.96	524.36
Profit After Tax	27.46	6.37	5.14	3.45
Net Worth	311.40	232.00	221.57	213.44
Reserves and Surplus	204.95	213.61	207.39	201.55
Total Borrowing	72.84	117.92	107.67	101.76
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)

93.28%

89.65%

Promoter Shareholding (Post-Issue)

63.41%

P/E Ratio

217.63

11.75

Market Cap

₹1715.71 Cr.

₹2049.48 Cr.

ROE

13.38%%

19.33%%

ROCE

10.92%%

14.21%%

Debt/Equity

1.53

EPS

₹0.65

₹26.46

RoNW

2.75%%

17.60%%

Shares Offered

In the Exicom Tele-Systems IPO retail investors (RII) are offered 30,21,100 shares while in Rashi Peripherals IPO retail investors are offered 30,21,100 shares. Qualified institutional buyers (QIB) are offered 1,01,19,700 shares in Exicom Tele-Systems IPO and 38,58,521 shares in Rashi Peripherals IPO.

	Exicom Tele-Systems IPO	Rashi Peripherals IPO
Anchor Investor Reserveration	1,25,38,800 shares	57,87,780 shares
Market Maker Reserveration
QIB	1,01,19,700 shares	38,58,521 shares
NII	45,31,600 shares	28,93,891 shares
RII	30,21,100 shares	67,52,411 shares
Employee	0 shares	0 shares
Others
Total	1,76,72,400 shares	1,35,04,823 shares

Bids Received (Subscription)

Exicom Tele-Systems IPO subscribed 133.56x in total, whereas Rashi Peripherals IPO subscribed 62.95x.

	Exicom Tele-Systems IPO	Rashi Peripherals IPO
QIB (times)	124.82x	151.45x
NII (times)	159.29x	66.15x
Big NII (times)	163.96x	74.51x
Small NII (times)	149.95x	50.38x
RII (times)	124.27x	11.01x
Employee (times)
Other (times)
Total (times)	133.56x	62.95x

Compare with others

Exicom Tele-Systems IPO	Rashi Peripherals IPO
Bharat Highways InvIT	Exicom Tele-Systems IPO
GPT Healthcare IPO	Capital SFB IPO
Juniper Hotels IPO	Jana SFB IPO
Vibhor Steel Tubes IPO	Platinum Industries IPO
Entero Healthcare Solutions IPO	Apeejay Surrendra Park IPO
Capital SFB IPO	BLS E-Services IPO
Jana SFB IPO	R K SWAMY IPO
Platinum Industries IPO	EPACK Durable IPO
Apeejay Surrendra Park IPO	Nova AgriTech IPO
Rashi Peripherals IPO	Medi Assist Healthcare IPO

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