Pelatro IPO vs Rappid Valves (India) IPO

Comparision between Pelatro IPO and Rappid Valves (India) IPO.

IPO Details

Pelatro IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rappid Valves (India) IPO is a SME Book Built Issue proposed to list at NSE SME.

	Pelatro IPO	Rappid Valves (India) IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Cumulative Capital Private Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Shree Bahubali Stock Broking Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Pelatro IPO is up to ₹55.98 Cr whereas the issue size of the Rappid Valves (India) IPO is up to ₹30.41 Cr. The final issue price of Pelatro IPO is and of Rappid Valves (India) IPO is .

	Pelatro IPO	Rappid Valves (India) IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹190.00 per share	₹210.00 per share
Issue Price (Upper)	₹200.00 per share	₹222.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	600 shares
Fresh Issue Size	27,99,000 shares	13,69,800 shares
Fresh Issue Size (Amount)	up to ₹55.98 Cr	up to ₹30.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,99,000 shares	13,69,800 shares
Issue Size Total (Amount)	up to ₹55.98 Cr	up to ₹30.41 Cr

IPO Timetable

Pelatro IPO opens on Sep 16, 2024, while Rappid Valves (India) IPO opens on Sep 23, 2024. The closing date of Pelatro IPO and Rappid Valves (India) IPO is Sep 19, 2024, and Sep 25, 2024, respectively.

	Pelatro IPO	Rappid Valves (India) IPO
Anchor Bid Date	Sep 13, 2024	Sep 20, 2024
Issue Open	Sep 16, 2024	Sep 23, 2024
Issue Close	Sep 19, 2024	Sep 25, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 26, 2024
Initiation of Refunds (Tentative)	Sep 20, 2024	Sep 27, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 27, 2024
Listing date (Tentative)	Sep 24, 2024	Sep 30, 2024
Anchor Lockin End date 1	Oct 20, 2024	Oct 26, 2024
Anchor Lockin End date 2	Dec 19, 2024	Dec 25, 2024

Financials

Pelatro IPO P/E ratio is -77.78, as compared to Rappid Valves (India) IPO P/E ratio of 20.53.

Pelatro IPO

Rappid Valves (India) IPO

Financial

Pelatro Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	5,780.92
Revenue	5,536.54
Profit After Tax	-195.62
Net Worth	1,202.89
Reserves and Surplus	502.89
Total Borrowing	1,867.58
Amount in ₹ Lakhs

Rappid Valves (India) Limited Financial Information (Restated)

Rappid Valves (India) Limited's revenue increased by 123% and profit after tax (PAT) rose by 807% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,994.41	1,656.75	1,217.6
Revenue	3,660.06	1,643.42	1,215.24
Profit After Tax	413.27	45.56	28.98
Net Worth	1,221.98	312.21	-24.64
Reserves and Surplus	371.98	-37.79	-79.64
Total Borrowing	1,098.3	992.65	977.57
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

73.31%

69.46%

Promoter Shareholding (Post-Issue)

53.59%

51.13%

P/E Ratio

-77.78

20.53

Market Cap

₹208.13 Cr.

₹115.26 Cr.

ROE

-15.48%%

53.88%%

ROCE

3.85%%

29.88%%

Debt/Equity

1.55

0.9

EPS

₹-2.57

₹10.81

RoNW

-15.48%%

33.82%%

Shares Offered

In the Pelatro IPO retail investors (RII) are offered 9,13,200 shares while in Rappid Valves (India) IPO retail investors are offered 9,13,200 shares. Qualified institutional buyers (QIB) are offered 5,21,400 shares in Pelatro IPO and in Rappid Valves (India) IPO.

	Pelatro IPO	Rappid Valves (India) IPO
Anchor Investor Reserveration	7,81,800 shares	3,89,400 shares
Market Maker Reserveration	1,40,400 shares	69,600 shares
QIB	5,21,400 shares
NII	3,92,400 shares
RII	9,13,200 shares
Employee	0 shares
Others
Total	18,76,800 shares

Bids Received (Subscription)

Pelatro IPO subscribed 1.54x in total, whereas Rappid Valves (India) IPO subscribed .

	Pelatro IPO	Rappid Valves (India) IPO
QIB (times)	0.00x
NII (times)	1.05x
Big NII (times)
Small NII (times)
RII (times)	2.67x
Employee (times)
Other (times)
Total (times)	1.54x

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