R R Kabel IPO vs Rishabh Instruments IPO

Comparision between R R Kabel IPO and Rishabh Instruments IPO.

IPO Details

R R Kabel 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.

	R R Kabel 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	Axis Capital Limited Citigroup Global Markets India Private Limited Hsbc Securities & Capital Markets Pvt Ltd Jm Financial Limited	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited Mirae Asset Capital Markets (India) Private Limited
Registrar	Link Intime India Private 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 R R Kabel IPO is up to ₹1,964.01 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of R R Kabel IPO is ₹1,035.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.

	R R Kabel IPO	Rishabh Instruments IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹983.00 per share	₹418.00 per share
Issue Price (Upper)	₹1,035.00 per share	₹441.00 per share
Issue Price (Final)	₹1,035.00 per share	₹441.00 per share
Discount (Retail)
Discount (Employee)	₹98.00 per share
Market Lot Size	14 shares	34 shares
Fresh Issue Size	17,39,131 shares	17,00,680 shares
Fresh Issue Size (Amount)	up to ₹180.00 Cr	up to ₹75.00 Cr
OFS Issue Size	1,72,36,808 shares	94,28,178 shares
OFS Issue Size (Amount)	up to ₹1,784.01 Cr	up to ₹415.78 Cr
Issue Size Total	1,89,75,939 shares	1,11,28,858 shares
Issue Size Total (Amount)	up to ₹1,964.01 Cr	up to ₹490.78 Cr

IPO Timetable

R R Kabel IPO opens on Sep 13, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of R R Kabel IPO and Rishabh Instruments IPO is Sep 15, 2023, and Sep 01, 2023, respectively.

	R R Kabel IPO	Rishabh Instruments IPO
Anchor Bid Date	Sep 12, 2023	Aug 29, 2023
Issue Open	Sep 13, 2023	Aug 30, 2023
Issue Close	Sep 15, 2023	Sep 01, 2023
Basis Of Allotment (Tentative)	Sep 21, 2023	Sep 06, 2023
Initiation of Refunds (Tentative)	Sep 22, 2023	Sep 07, 2023
Credit of Share (Tentative)	Sep 25, 2023	Sep 08, 2023
Listing date (Tentative)	Sep 20, 2023	Sep 11, 2023
Anchor Lockin End date 1	Oct 21, 2023	Oct 06, 2023
Anchor Lockin End date 2	Dec 20, 2023	Dec 05, 2023

Financials

R R Kabel IPO P/E ratio is , as compared to Rishabh Instruments IPO P/E ratio of .

R R Kabel IPO

Rishabh Instruments IPO

Financial

R R Kabel IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,545.36	1,715.11	2,050.64	2,633.62
Revenue	2,505.54	2,745.94	4,432.22	5,633.64
Profit After Tax	122.40	135.40	213.94	189.87
Net Worth	875.07	1,033.38	1,237.05	1,390.47
Reserves and Surplus	459.23	594.93	781.31	914.15
Total Borrowing	395.29	498.71	521.11	515.84

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)

66.42%

80.67%

Promoter Shareholding (Post-Issue)

62.77%

70.68%

P/E Ratio

Market Cap

₹11675.63 Cr.

₹1674.10 Cr.

ROE

14.22%%

12.39%%

ROCE

15.57%%

13.77%%

Debt/Equity

0.36

0.26

EPS

₹17.09

₹12.84

RoNW

13.66%%

11.67%%

Shares Offered

In the R R Kabel IPO retail investors (RII) are offered 66,01,237 shares while in Rishabh Instruments IPO retail investors are offered 66,01,237 shares. Qualified institutional buyers (QIB) are offered 37,72,137 shares in R R Kabel IPO and 22,25,772 shares in Rishabh Instruments IPO.

	R R Kabel IPO	Rishabh Instruments IPO
Anchor Investor Reserveration	56,58,201 shares	33,38,656 shares
Market Maker Reserveration
QIB	37,72,137 shares	22,25,772 shares
NII	28,29,102 shares	16,69,329 shares
RII	66,01,237 shares	38,95,101 shares
Employee	1,15,261 shares	0 shares
Others
Total	1,33,17,737 shares	77,90,202 shares

Bids Received (Subscription)

R R Kabel IPO subscribed 18.69x in total, whereas Rishabh Instruments IPO subscribed 31.65x.

	R R Kabel IPO	Rishabh Instruments IPO
QIB (times)	52.26x	72.54x
NII (times)	13.23x	31.29x
Big NII (times)	15.68x	34.01x
Small NII (times)	8.33x	25.86x
RII (times)	2.13x	8.44x
Employee (times)	2.69x
Other (times)
Total (times)	18.69x	31.65x

Compare with others

R R Kabel IPO	Rishabh Instruments IPO
Manoj Vaibhav Gems 'N' Jewellers IPO	Zaggle Prepaid Ocean Services IPO
JSW Infrastructure IPO	R R Kabel IPO
Sai Silks (Kalamandir) IPO	SAMHI Hotels IPO
Yatra Online IPO	EMS IPO
Zaggle Prepaid Ocean Services IPO	Jupiter Life Line Hospitals IPO
SAMHI Hotels IPO	Ratnaveer Precision Engineering IPO
EMS IPO	Vishnu Prakash R Punglia IPO
Jupiter Life Line Hospitals IPO	Aeroflex Industries IPO
Rishabh Instruments IPO	Pyramid Technoplast IPO
Ratnaveer Precision Engineering IPO	India Shelter Finance IPO

Comments

Add a public comment...