Hariom Pipe Industries IPO vs Rainbow Children Medicare IPO

Comparision between Hariom Pipe Industries IPO and Rainbow Children Medicare IPO.

IPO Details

Hariom Pipe Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rainbow Children Medicare IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Hariom Pipe Industries IPO	Rainbow Children Medicare 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	Iti Capital Ltd	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited Iifl Securities Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the Rainbow Children Medicare IPO is up to ₹1,580.85 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of Rainbow Children Medicare IPO is ₹542.00 per share.

	Hariom Pipe Industries IPO	Rainbow Children Medicare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹144.00 per share	₹516.00 per share
Issue Price (Upper)	₹153.00 per share	₹542.00 per share
Issue Price (Final)	₹153.00 per share	₹542.00 per share
Discount (Retail)
Discount (Employee)		₹20.00 per share
Market Lot Size	98 shares	27 shares
Fresh Issue Size	85,00,000 shares
Fresh Issue Size (Amount)	up to ₹130.05 Cr	up to ₹280.00 Cr
OFS Issue Size		2,40,00,900 shares
OFS Issue Size (Amount)		up to ₹1,300.85 Cr
Issue Size Total	85,00,000 shares
Issue Size Total (Amount)	up to ₹130.05 Cr	up to ₹1,580.85 Cr

IPO Timetable

Hariom Pipe Industries IPO opens on Mar 30, 2022, while Rainbow Children Medicare IPO opens on Apr 27, 2022. The closing date of Hariom Pipe Industries IPO and Rainbow Children Medicare IPO is Apr 05, 2022, and Apr 29, 2022, respectively.

	Hariom Pipe Industries IPO	Rainbow Children Medicare IPO
Anchor Bid Date
Issue Open	Mar 30, 2022	Apr 27, 2022
Issue Close	Apr 05, 2022	Apr 29, 2022
Basis Of Allotment (Tentative)	Apr 08, 2022	May 05, 2022
Initiation of Refunds (Tentative)	Apr 11, 2022	May 06, 2022
Credit of Share (Tentative)	Apr 12, 2022	May 09, 2022
Listing date (Tentative)	Apr 13, 2022	May 10, 2022
Anchor Lockin End date 1	May 08, 2022	Jun 04, 2022
Anchor Lockin End date 2	Jul 07, 2022	Aug 03, 2022

Financials

Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to Rainbow Children Medicare IPO P/E ratio of 43.53.

Hariom Pipe Industries IPO

Rainbow Children Medicare IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,881.96	17,374.03	13,967.72	10,335.11
Total Revenue	20,116	25,482.31	16,115.05	13,391.56
Profit After Tax	1,286.90	1,513.20	790.83	802

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Millions)
	31-Dec-21	31-Dec-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	12,397.56	10,762.22	10,812.67	10,192.37	9,263.96
Total Revenue	7,740.62	4,942.93	6,603.10	7,297.37	5,511.44
Profit After Tax	1,264.13	385.25	395.68	553.40	445.90

Promoter Shareholding (Pre-Issue)

99.10%

62.19%

Promoter Shareholding (Post-Issue)

66%

49.83%

P/E Ratio

15.15

43.53

Market Cap

₹389.79 Cr.

₹5501.30 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Hariom Pipe Industries IPO retail investors (RII) are offered 29,75,000 shares while in Rainbow Children Medicare IPO retail investors are offered 29,75,000 shares. Qualified institutional buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 1,44,33,000 shares in Rainbow Children Medicare IPO.

	Hariom Pipe Industries IPO	Rainbow Children Medicare IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	25,50,000 shares	1,44,33,000 shares
NII	29,75,000 shares	43,30,000 shares
RII	29,75,000 shares	1,01,03,000 shares
Employee	0 shares	3,00,000 shares
Others
Total	85,00,000 shares	2,88,66,000 shares

Bids Received (Subscription)

Hariom Pipe Industries IPO subscribed 7.93x in total, whereas Rainbow Children Medicare IPO subscribed 12.43x.

	Hariom Pipe Industries IPO	Rainbow Children Medicare IPO
QIB (times)	1.91x	38.90x
NII (times)	8.87x	3.73x
Big NII (times)
Small NII (times)
RII (times)	12.15x	1.38x
Employee (times)		0.31x
Other (times)
Total (times)	7.93x	12.43x

Compare with others

Hariom Pipe Industries IPO	Rainbow Children Medicare IPO
Prudent Corporate Advisory Services IPO	Syrma IPO
Rainbow Children Medicare IPO	Aether Industries IPO
Campus Activewear IPO	eMudhra IPO
Venus Pipes & Tubes IPO	Paradeep Phosphates IPO
Ethos Limited IPO	Prudent Corporate Advisory Services IPO
Veranda Learning IPO	Campus Activewear IPO
Uma Exports IPO	Venus Pipes & Tubes IPO
LIC IPO	Ethos Limited IPO
Manyavar IPO	Hariom Pipe Industries IPO
Delhivery IPO	Veranda Learning IPO

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