Ashapura Logistics IPO vs Rajputana Industries IPO

Comparision between Ashapura Logistics IPO and Rajputana Industries IPO.

IPO Details

Ashapura Logistics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rajputana Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	Ashapura Logistics IPO	Rajputana Industries 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	Beeline Capital Advisors Pvt Ltd	Holani Consultants Private Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Holani Consultants Private Limited
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 Ashapura Logistics IPO is up to ₹52.66 Cr whereas the issue size of the Rajputana Industries IPO is up to ₹23.88 Cr. The final issue price of Ashapura Logistics IPO is ₹144.00 per share and of Rajputana Industries IPO is ₹38.00 per share.

	Ashapura Logistics IPO	Rajputana Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹136.00 per share	₹36.00 per share
Issue Price (Upper)	₹144.00 per share	₹38.00 per share
Issue Price (Final)	₹144.00 per share	₹38.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	3000 shares
Fresh Issue Size	36,57,000 shares	62,85,000 shares
Fresh Issue Size (Amount)	up to ₹52.66 Cr	up to ₹23.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,57,000 shares	62,85,000 shares
Issue Size Total (Amount)	up to ₹52.66 Cr	up to ₹23.88 Cr

IPO Timetable

Ashapura Logistics IPO opens on Jul 30, 2024, while Rajputana Industries IPO opens on Jul 30, 2024. The closing date of Ashapura Logistics IPO and Rajputana Industries IPO is Aug 01, 2024, and Aug 01, 2024, respectively.

	Ashapura Logistics IPO	Rajputana Industries IPO
Anchor Bid Date	Jul 29, 2024	Jul 29, 2024
Issue Open	Jul 30, 2024	Jul 30, 2024
Issue Close	Aug 01, 2024	Aug 01, 2024
Basis Of Allotment (Tentative)	Aug 02, 2024	Aug 02, 2024
Initiation of Refunds (Tentative)	Aug 05, 2024	Aug 05, 2024
Credit of Share (Tentative)	Aug 05, 2024	Aug 05, 2024
Listing date (Tentative)	Aug 06, 2024	Aug 06, 2024
Anchor Lockin End date 1	Sep 01, 2024	Sep 01, 2024
Anchor Lockin End date 2	Oct 31, 2024	Oct 31, 2024

Financials

Ashapura Logistics IPO P/E ratio is 11.54, as compared to Rajputana Industries IPO P/E ratio of 11.81.

Ashapura Logistics IPO

Rajputana Industries IPO

Financial

Ashapura Logistics Limited Financial Information (Restated Consolidated)

Ashapura Logistics Limited's revenue decreased by -10.45% and profit after tax (PAT) rose by 30.46% 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	12,644.88	10,461.66	11,568.76
Revenue	19,934.57	22,260.31	22,713.84
Profit After Tax	1,235.44	946.98	788.26
Net Worth	6,532.31	4,796.60	3,852.04
Reserves and Surplus	5,542.40	4,759.80	3,815.32
Total Borrowing	12.90	9.87	8.17
Amount in ₹ Lakhs

Rajputana Industries Limited Financial Information (Restated)

Rajputana Industries Limited's revenue increased by 28.11% and profit after tax (PAT) rose by 65.54% 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	14,974.81	11,781.27	10,236.66
Revenue	32,701.29	25,524.98	24,450.96
Profit After Tax	512.64	309.67	263.77
Net Worth	3,257.20	2,743.85	1,712.39
Total Borrowing	2,936.30	3,001.61	2,537.98
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.45%

92.15%

Promoter Shareholding (Post-Issue)

67.51%

P/E Ratio

11.54

11.81

Market Cap

₹195.21 Cr.

₹84.42 Cr.

ROE

21.82%%

17.09%%

ROCE

20.69%%

30.28%%

Debt/Equity

0.63

EPS

₹12.48

₹3.22

RoNW

18.92%%

15.74%%

Shares Offered

In the Ashapura Logistics IPO retail investors (RII) are offered 12,16,000 shares while in Rajputana Industries IPO retail investors are offered 12,16,000 shares. Qualified institutional buyers (QIB) are offered 6,96,000 shares in Ashapura Logistics IPO and 10,74,000 shares in Rajputana Industries IPO.

	Ashapura Logistics IPO	Rajputana Industries IPO
Anchor Investor Reserveration	10,40,000 shares	16,11,000 shares
Market Maker Reserveration	1,83,000 shares	3,60,000 shares
QIB	6,96,000 shares	10,74,000 shares
NII	5,22,000 shares	9,00,000 shares
RII	12,16,000 shares	20,10,000 shares
Employee	0 shares	30,000 shares
Others
Total	24,34,000 shares	43,14,000 shares

Bids Received (Subscription)

Ashapura Logistics IPO subscribed 185.75x in total, whereas Rajputana Industries IPO subscribed 376.41x.

	Ashapura Logistics IPO	Rajputana Industries IPO
QIB (times)	128.23x	177.94x
NII (times)	289.33x	417.95x
Big NII (times)
Small NII (times)
RII (times)	174.21x	524.61x
Employee (times)		2.80x
Other (times)		6.67x
Total (times)	185.75x	376.41x

Compare with others

Ashapura Logistics IPO	Rajputana Industries IPO
Picture Post Studios IPO	Afcom Holdings IPO
Afcom Holdings IPO	Dhariwalcorp IPO
Dhariwalcorp IPO	Utssav Cz Gold Jewels IPO
Utssav Cz Gold Jewels IPO	Kizi Apparels IPO
Kizi Apparels IPO	Ashapura Logistics IPO
Rajputana Industries IPO	Bulkcorp IPO
Bulkcorp IPO	Sathlokhar Synergys E&C Global IPO
Sathlokhar Synergys E&C Global IPO	Trom Industries IPO
Trom Industries IPO	Esprit Stones IPO
Esprit Stones IPO	S A Tech Software India IPO

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