Onyx Biotec IPO vs Rajesh Power Services IPO

Comparision between Onyx Biotec IPO and Rajesh Power Services IPO.

IPO Details

Onyx Biotec IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rajesh Power Services IPO is a SME Book Built Issue proposed to list at BSE SME.

	Onyx Biotec IPO	Rajesh Power Services IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Horizon Management Private Limited	Isk Advisors Pvt Ltd
Registrar	Mas Services Limited	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Sunflower Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Onyx Biotec IPO is up to ₹29.34 Cr whereas the issue size of the Rajesh Power Services IPO is up to ₹160.47 Cr. The final issue price of Onyx Biotec IPO is ₹61.00 per share and of Rajesh Power Services IPO is .

	Onyx Biotec IPO	Rajesh Power Services IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹58.00 per share	₹320.00 per share
Issue Price (Upper)	₹61.00 per share	₹335.00 per share
Issue Price (Final)	₹61.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	400 shares
Fresh Issue Size	48,10,000 shares	27,90,000 shares
Fresh Issue Size (Amount)	up to ₹29.34 Cr	up to ₹93.47 Cr
OFS Issue Size		20,00,000 shares
OFS Issue Size (Amount)		up to ₹67.00 Cr
Issue Size Total	48,10,000 shares	47,90,000 shares
Issue Size Total (Amount)	up to ₹29.34 Cr	up to ₹160.47 Cr

IPO Timetable

Onyx Biotec IPO opens on Nov 13, 2024, while Rajesh Power Services IPO opens on Nov 25, 2024. The closing date of Onyx Biotec IPO and Rajesh Power Services IPO is Nov 18, 2024, and Nov 27, 2024, respectively.

	Onyx Biotec IPO	Rajesh Power Services IPO
Anchor Bid Date	Nov 12, 2024	Nov 22, 2024
Issue Open	Nov 13, 2024	Nov 25, 2024
Issue Close	Nov 18, 2024	Nov 27, 2024
Basis Of Allotment (Tentative)	Nov 19, 2024	Nov 28, 2024
Initiation of Refunds (Tentative)	Nov 20, 2024	Nov 29, 2024
Credit of Share (Tentative)	Nov 20, 2024	Nov 29, 2024
Listing date (Tentative)	Nov 21, 2024	Dec 02, 2024
Anchor Lockin End date 1	Dec 19, 2024	Dec 28, 2024
Anchor Lockin End date 2	Feb 17, 2025	Feb 26, 2025

Financials

Onyx Biotec IPO P/E ratio is 26.81, as compared to Rajesh Power Services IPO P/E ratio of 19.59.

Onyx Biotec IPO

Rajesh Power Services IPO

Financial

Onyx Biotec Limited Financial Information (Restated)

Onyx Biotec Limited's revenue increased by 35.99% and profit after tax (PAT) rose by 64.35% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 May 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,476.57	7,413.58	5,872.36	3,683.84
Revenue	1,054.11	5,387.43	3,961.65	4,498.09
Profit After Tax	130.77	303.16	184.46	335.29
Net Worth	2,618.64	2,487.87	1,820.16	1,637.59
Reserves and Surplus	1,286.42	1,155.65	1,230.00	1,047.43
Total Borrowing	3,156.14	3,078.04	2,922.83	1,224.39
Amount in ₹ Lakhs

Rajesh Power Services Limited Financial Information (Restated Standalone)

Rajesh Power Services Limited's revenue increased by 39.72% and profit after tax (PAT) rose by 285.44% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	33,822.42	24,039.00	19,823.38	17,562.82
Revenue	31,785.09	29,506.07	21,117.57	14,936.84
Profit After Tax	2,768.25	2,602.29	675.15	344.60
Net Worth	11,122.22	8,430.05	5,865.80	5,228.69
Reserves and Surplus	9,600.48	6,908.31	4,344.06	3,706.95
Total Borrowing	7,973.04	7,767.08	5,971.20	6,243.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.60%

100%

Promoter Shareholding (Post-Issue)

73.40%

P/E Ratio

26.81

19.59

Market Cap

₹110.61 Cr.

₹603.25 Cr.

ROE

4.99%%

24.89%%

ROCE

3.71%%

25.61%%

Debt/Equity

1.21

0.92

EPS

₹2.28

₹17.10

RoNW

4.99%%

25.47%%

Shares Offered

In the Onyx Biotec IPO retail investors (RII) are offered 16,00,000 shares while in Rajesh Power Services IPO retail investors are offered 16,00,000 shares. Qualified institutional buyers (QIB) are offered 9,12,000 shares in Onyx Biotec IPO and in Rajesh Power Services IPO.

	Onyx Biotec IPO	Rajesh Power Services IPO
Anchor Investor Reserveration	13,66,000 shares	13,36,400 shares
Market Maker Reserveration	2,44,000 shares	2,44,000 shares
QIB	9,12,000 shares
NII	6,88,000 shares
RII	16,00,000 shares
Employee	0 shares
Others
Total	32,00,000 shares

Bids Received (Subscription)

Onyx Biotec IPO subscribed 198.00x in total, whereas Rajesh Power Services IPO subscribed .

	Onyx Biotec IPO	Rajesh Power Services IPO
QIB (times)	32.49x
NII (times)	602.86x
Big NII (times)
Small NII (times)
RII (times)	118.26x
Employee (times)
Other (times)
Total (times)	198.00x

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