Pyramid Technoplast IPO vs Rishabh Instruments IPO

Comparision between Pyramid Technoplast IPO and Rishabh Instruments IPO.

IPO Details

Pyramid Technoplast IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rishabh Instruments IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Pyramid Technoplast IPO	Rishabh Instruments 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	Pnb Investment Services Ltd First Overseas Capital Limited	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited Mirae Asset Capital Markets (India) Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
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 Pyramid Technoplast IPO is up to ₹153.05 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of Pyramid Technoplast IPO is ₹166.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.

	Pyramid Technoplast IPO	Rishabh Instruments IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹151.00 per share	₹418.00 per share
Issue Price (Upper)	₹166.00 per share	₹441.00 per share
Issue Price (Final)	₹166.00 per share	₹441.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	90 shares	34 shares
Fresh Issue Size	55,00,000 shares	17,00,680 shares
Fresh Issue Size (Amount)	up to ₹91.30 Cr	up to ₹75.00 Cr
OFS Issue Size	37,20,000 shares	94,28,178 shares
OFS Issue Size (Amount)	up to ₹61.75 Cr	up to ₹415.78 Cr
Issue Size Total	92,20,000 shares	1,11,28,858 shares
Issue Size Total (Amount)	up to ₹153.05 Cr	up to ₹490.78 Cr

IPO Timetable

Pyramid Technoplast IPO opens on Aug 18, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of Pyramid Technoplast IPO and Rishabh Instruments IPO is Aug 22, 2023, and Sep 01, 2023, respectively.

	Pyramid Technoplast IPO	Rishabh Instruments IPO
Anchor Bid Date	Aug 17, 2023	Aug 29, 2023
Issue Open	Aug 18, 2023	Aug 30, 2023
Issue Close	Aug 22, 2023	Sep 01, 2023
Basis Of Allotment (Tentative)	Aug 25, 2023	Sep 06, 2023
Initiation of Refunds (Tentative)	Aug 28, 2023	Sep 07, 2023
Credit of Share (Tentative)	Aug 29, 2023	Sep 08, 2023
Listing date (Tentative)	Aug 29, 2023	Sep 11, 2023
Anchor Lockin End date 1	Sep 24, 2023	Oct 06, 2023
Anchor Lockin End date 2	Nov 23, 2023	Dec 05, 2023

Financials

Pyramid Technoplast IPO P/E ratio is 16.21, as compared to Rishabh Instruments IPO P/E ratio of .

Pyramid Technoplast IPO

Rishabh Instruments IPO

Financial

Pyramid Technoplast IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	153.46	183.76	225.78
Revenue	316.18	402.64	482.03
Profit After Tax	16.99	26.15	31.76
Net Worth	48.85	75.20	107.25
Reserves and Surplus	44.94	71.29	75.97
Total Borrowing	51.30	64.77	55.34

Amount in ₹ Crore

Rishabh Instruments IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	511.97	563.89	648.93
Revenue	402.49	479.92	579.78
Profit After Tax	35.94	49.65	49.69
Net Worth	302.13	346.10	408.75
Reserves and Surplus
Total Borrowing	91.95	96.57	102.85

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

80.67%

Promoter Shareholding (Post-Issue)

74.94%

70.68%

P/E Ratio

16.21

Market Cap

₹611.00 Cr.

₹1674.10 Cr.

ROE

29.61%%

12.39%%

ROCE

21.37%%

13.77%%

Debt/Equity

0.26

EPS

₹10.24

₹12.84

RoNW

29.61%%

11.67%%

Shares Offered

In the Pyramid Technoplast IPO retail investors (RII) are offered 46,10,000 shares while in Rishabh Instruments IPO retail investors are offered 46,10,000 shares. Qualified institutional buyers (QIB) are offered 11,06,400 shares in Pyramid Technoplast IPO and 22,25,772 shares in Rishabh Instruments IPO.

	Pyramid Technoplast IPO	Rishabh Instruments IPO
Anchor Investor Reserveration	16,59,600 shares	33,38,656 shares
Market Maker Reserveration
QIB	11,06,400 shares	22,25,772 shares
NII	18,44,000 shares	16,69,329 shares
RII	46,10,000 shares	38,95,101 shares
Employee	0 shares	0 shares
Others
Total	75,60,400 shares	77,90,202 shares

Bids Received (Subscription)

Pyramid Technoplast IPO subscribed 18.29x in total, whereas Rishabh Instruments IPO subscribed 31.65x.

	Pyramid Technoplast IPO	Rishabh Instruments IPO
QIB (times)	9.94x	72.54x
NII (times)	32.24x	31.29x
Big NII (times)	33.81x	34.01x
Small NII (times)	29.09x	25.86x
RII (times)	14.72x	8.44x
Employee (times)
Other (times)
Total (times)	18.29x	31.65x

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SBFC Finance IPO	Pyramid Technoplast IPO
Yatharth Hospital IPO	India Shelter Finance IPO

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