Ideal Technoplast Industries IPO vs Rapid Multimodal Logistics IPO

Comparision between Ideal Technoplast Industries IPO and Rapid Multimodal Logistics IPO.

IPO Details

Ideal Technoplast Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Rapid Multimodal Logistics IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Swastika Investmart Ltd	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Sunflower Broking Private Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ideal Technoplast Industries IPO is up to ₹16.03 Cr whereas the issue size of the Rapid Multimodal Logistics IPO is up to ₹8.49 Cr. The final issue price of Ideal Technoplast Industries IPO is ₹121.00 per share and of Rapid Multimodal Logistics IPO is ₹84.00 per share.

	Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹121.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	13,25,000 shares	10,11,200 shares
Fresh Issue Size (Amount)	up to ₹16.03 Cr	up to ₹8.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,25,000 shares	10,11,200 shares
Issue Size Total (Amount)	up to ₹16.03 Cr	up to ₹8.49 Cr

IPO Timetable

Ideal Technoplast Industries IPO opens on Aug 21, 2024, while Rapid Multimodal Logistics IPO opens on Aug 22, 2024. The closing date of Ideal Technoplast Industries IPO and Rapid Multimodal Logistics IPO is Aug 23, 2024, and Aug 27, 2024, respectively.

	Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
Anchor Bid Date		Aug 21, 2024
Issue Open	Aug 21, 2024	Aug 22, 2024
Issue Close	Aug 23, 2024	Aug 27, 2024
Basis Of Allotment (Tentative)	Aug 26, 2024	Aug 28, 2024
Initiation of Refunds (Tentative)	Aug 27, 2024	Aug 29, 2024
Credit of Share (Tentative)	Aug 27, 2024	Aug 29, 2024
Listing date (Tentative)	Aug 28, 2024	Aug 30, 2024
Anchor Lockin End date 1		Sep 27, 2024
Anchor Lockin End date 2		Nov 26, 2024

Financials

Ideal Technoplast Industries IPO P/E ratio is 12.47, as compared to Rapid Multimodal Logistics IPO P/E ratio of 13.12.

Ideal Technoplast Industries IPO

Rapid Multimodal Logistics IPO

Financial

Ideal Technoplast Industries Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,508.51	978	356.78	300.86
Revenue	2,424.11	1,199.79	568.13	569.47
Profit After Tax	326.61	50.62	10.53	9.82
Net Worth	743.07	188.6	137.98	127.45
Reserves and Surplus	375.57	48.95	-1.67	-12.19
Total Borrowing	456.89	586.04	146.56	118.62
Amount in ₹ Lakhs

Rapid Multimodal Logistics Limited Financial Information (Restated)

Rapid Multimodal Logistics Limited's revenue decreased by -2% and profit after tax (PAT) dropped by -11% 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	839.76	699.14	673.51
Revenue	7,184.25	7,296.17	4,774.4
Profit After Tax	179.23	200.48	95.43
Net Worth	471.55	300.59	100.11
Reserves and Surplus	191.55	295.59	95.11
Total Borrowing	201.07	227.88	357.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

73.50%

73.47%

P/E Ratio

12.47

13.12

Market Cap

₹60.50 Cr.

₹32.01 Cr.

ROE

43.95%

46.42%%

ROCE

32.95%

48.98%%

Debt/Equity

0.19

EPS

₹9.70

₹6.40

RoNW

43.95%

38.01%%

Shares Offered

In the Ideal Technoplast Industries IPO retail investors (RII) are offered 6,29,000 shares while in Rapid Multimodal Logistics IPO retail investors are offered 6,29,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Ideal Technoplast Industries IPO and 0 shares in Rapid Multimodal Logistics IPO.

	Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration	67,000 shares	51,200 shares
QIB	0 shares	0 shares
NII	6,29,000 shares	4,80,000 shares
RII	6,29,000 shares	4,80,000 shares
Employee	0 shares	0 shares
Others
Total	12,58,000 shares	9,60,000 shares

Bids Received (Subscription)

Ideal Technoplast Industries IPO subscribed 116.75x in total, whereas Rapid Multimodal Logistics IPO subscribed 350.50x.

	Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
QIB (times)
NII (times)	108.49x	512.80x
Big NII (times)
Small NII (times)
RII (times)	115.57x	172.55x
Employee (times)
Other (times)
Total (times)	116.75x	350.50x

Compare with others

Ideal Technoplast Industries IPO	Rapid Multimodal Logistics IPO
Paramatrix Technologies IPO	Boss Packaging Solutions IPO
Jay Bee Laminations IPO	Vdeal System IPO
Rapid Multimodal Logistics IPO	Aeron Composite IPO
Indian Phosphate IPO	Paramatrix Technologies IPO
Resourceful Automobile IPO	Jay Bee Laminations IPO
QVC Exports IPO	Indian Phosphate IPO
Forcas Studio IPO	Resourceful Automobile IPO
Solve Plastic Products IPO	Ideal Technoplast Industries IPO
Broach Lifecare Hospital IPO	QVC Exports IPO
Brace Port Logistics IPO	Forcas Studio IPO

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