Nanavati Ventures IPO vs Rachana Infrastructure IPO

Comparision between Nanavati Ventures IPO and Rachana Infrastructure IPO.

IPO Details

Nanavati Ventures IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Rachana Infrastructure IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Nanavati Ventures IPO	Rachana Infrastructure IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	Interactive Financial Services Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Nanavati Ventures IPO is up to ₹2.18 Cr whereas the issue size of the Rachana Infrastructure IPO is up to ₹76.28 Cr. The final issue price of Nanavati Ventures IPO is ₹50.00 per share and of Rachana Infrastructure IPO is ₹135.00 per share.

	Nanavati Ventures IPO	Rachana Infrastructure IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹50.00 per share	₹135.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1000 shares
Fresh Issue Size	4,36,000 shares	28,25,000 shares
Fresh Issue Size (Amount)	up to ₹2.18 Cr	up to ₹38.14 Cr
OFS Issue Size		28,25,000 shares
OFS Issue Size (Amount)		up to ₹38.14 Cr
Issue Size Total	4,36,000 shares	56,50,000 shares
Issue Size Total (Amount)	up to ₹2.18 Cr	up to ₹76.28 Cr

IPO Timetable

Nanavati Ventures IPO opens on Apr 25, 2022, while Rachana Infrastructure IPO opens on May 20, 2022. The closing date of Nanavati Ventures IPO and Rachana Infrastructure IPO is Apr 27, 2022, and Jun 02, 2022, respectively.

	Nanavati Ventures IPO	Rachana Infrastructure IPO
Anchor Bid Date
Issue Open	Apr 25, 2022	May 20, 2022
Issue Close	Apr 27, 2022	Jun 02, 2022
Basis Of Allotment (Tentative)	May 02, 2022
Initiation of Refunds (Tentative)	May 04, 2022
Credit of Share (Tentative)	May 05, 2022
Listing date (Tentative)	May 06, 2022
Anchor Lockin End date 1	Jun 01, 2022
Anchor Lockin End date 2	Jul 31, 2022

Financials

Nanavati Ventures IPO P/E ratio is 61.73, as compared to Rachana Infrastructure IPO P/E ratio of 138.

Nanavati Ventures IPO

Rachana Infrastructure IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1417.95	663.55	286.88	186.62
Total Revenue	1049.52	1131.70	595.10	55.51
Profit After Tax	9.98	11.97	5.39	0.03

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in Lakhs)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	8,784.50	8,043.07	10,618.21	7,981.82
Total Revenue	4,171.07	10,705.67	15,840.55	11,393.32
Profit After Tax	139.85	455.31	597.13	466.45

Promoter Shareholding (Pre-Issue)

71%

83.44%

Promoter Shareholding (Post-Issue)

52.19%

P/E Ratio

61.73

138

Market Cap

₹8.23 Cr.

₹256.75 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Nanavati Ventures IPO retail investors (RII) are offered 2,06,000 shares while in Rachana Infrastructure IPO retail investors are offered 2,06,000 shares. Qualified institutional buyers (QIB) are offered in Nanavati Ventures IPO and in Rachana Infrastructure IPO.

	Nanavati Ventures IPO	Rachana Infrastructure IPO
Anchor Investor Reserveration
Market Maker Reserveration	24,000 shares	2,84,000 shares
QIB
NII	2,06,000 shares	26,83,000 shares
RII	2,06,000 shares	26,83,000 shares
Employee
Others
Total	4,12,000 shares	53,66,000 shares

Bids Received (Subscription)

Nanavati Ventures IPO subscribed 32.52x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.

	Nanavati Ventures IPO	Rachana Infrastructure IPO
QIB (times)
NII (times)	13.86x	1.82x
Big NII (times)
Small NII (times)
RII (times)	51.17x	0.60x
Employee (times)
Other (times)
Total (times)	32.52x	1.21x

Compare with others

Nanavati Ventures IPO	Rachana Infrastructure IPO
Silver Pearl Hospitality IPO	Goel Food Products IPO
Fidel Softech IPO	Scarnose International IPO
Globesecure Technologies IPO	Silver Pearl Hospitality IPO
Rachana Infrastructure IPO	Fidel Softech IPO
Sonu Infratech IPO	Globesecure Technologies IPO
Fone4 Communications IPO	Sonu Infratech IPO
Le Merite Exports IPO	Nanavati Ventures IPO
Shashwat Furnishing Solutions IPO	Fone4 Communications IPO
Global Longlife Hospital IPO	Le Merite Exports IPO
Eighty Jewellers IPO	Shashwat Furnishing Solutions IPO

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