Indian Phosphate IPO vs Rapid Multimodal Logistics IPO

Comparision between Indian Phosphate IPO and Rapid Multimodal Logistics IPO.

IPO Details

Indian Phosphate 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.

	Indian Phosphate IPO	Rapid Multimodal Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Indian Phosphate IPO is up to ₹67.36 Cr whereas the issue size of the Rapid Multimodal Logistics IPO is up to ₹8.49 Cr. The final issue price of Indian Phosphate IPO is ₹99.00 per share and of Rapid Multimodal Logistics IPO is ₹84.00 per share.

	Indian Phosphate IPO	Rapid Multimodal Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹94.00 per share
Issue Price (Upper)	₹99.00 per share
Issue Price (Final)	₹99.00 per share	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	68,04,000 shares	10,11,200 shares
Fresh Issue Size (Amount)	up to ₹67.36 Cr	up to ₹8.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	68,04,000 shares	10,11,200 shares
Issue Size Total (Amount)	up to ₹67.36 Cr	up to ₹8.49 Cr

IPO Timetable

Indian Phosphate IPO opens on Aug 26, 2024, while Rapid Multimodal Logistics IPO opens on Aug 22, 2024. The closing date of Indian Phosphate IPO and Rapid Multimodal Logistics IPO is Aug 29, 2024, and Aug 27, 2024, respectively.

	Indian Phosphate IPO	Rapid Multimodal Logistics IPO
Anchor Bid Date	Aug 23, 2024	Aug 21, 2024
Issue Open	Aug 26, 2024	Aug 22, 2024
Issue Close	Aug 29, 2024	Aug 27, 2024
Basis Of Allotment (Tentative)	Aug 30, 2024	Aug 28, 2024
Initiation of Refunds (Tentative)	Sep 02, 2024	Aug 29, 2024
Credit of Share (Tentative)	Sep 02, 2024	Aug 29, 2024
Listing date (Tentative)	Sep 03, 2024	Aug 30, 2024
Anchor Lockin End date 1	Sep 29, 2024	Sep 27, 2024
Anchor Lockin End date 2	Nov 28, 2024	Nov 26, 2024

Financials

Indian Phosphate IPO P/E ratio is 14.88, as compared to Rapid Multimodal Logistics IPO P/E ratio of 13.12.

Indian Phosphate IPO

Rapid Multimodal Logistics IPO

Financial

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	25,518.6	17,407.45	10,789.93	6,313.71
Revenue	71,757.81	77,093.2	55,838.56	41,501.81
Profit After Tax	1,210.21	1,659.53	1,616.61	509.44
Net Worth	8,099.06	6,751.8	5,092.27	3,475.66
Reserves and Surplus	6,280.56	6,480.37	4,820.84	3,204.23
Total Borrowing	4,023.17	1,535.48	1,830.58	434.04
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)

72.77%

73.47%

P/E Ratio

14.88

13.12

Market Cap

₹247.40 Cr.

₹32.01 Cr.

ROE

18.14%%

46.42%%

ROCE

20.93%%

48.98%%

Debt/Equity

0.5

0.19

EPS

₹6.65

₹6.40

RoNW

16.63%%

38.01%%

Shares Offered

In the Indian Phosphate IPO retail investors (RII) are offered 22,51,200 shares while in Rapid Multimodal Logistics IPO retail investors are offered 22,51,200 shares. Qualified institutional buyers (QIB) are offered 12,86,400 shares in Indian Phosphate IPO and 0 shares in Rapid Multimodal Logistics IPO.

	Indian Phosphate IPO	Rapid Multimodal Logistics IPO
Anchor Investor Reserveration	19,28,400 shares
Market Maker Reserveration	3,73,200 shares	51,200 shares
QIB	12,86,400 shares	0 shares
NII	9,64,800 shares	4,80,000 shares
RII	22,51,200 shares	4,80,000 shares
Employee	0 shares	0 shares
Others
Total	45,02,400 shares	9,60,000 shares

Bids Received (Subscription)

Indian Phosphate IPO subscribed 267.89x in total, whereas Rapid Multimodal Logistics IPO subscribed 350.50x.

	Indian Phosphate IPO	Rapid Multimodal Logistics IPO
QIB (times)	181.58x
NII (times)	441.01x	512.80x
Big NII (times)
Small NII (times)
RII (times)	243.02x	172.55x
Employee (times)
Other (times)
Total (times)	267.89x	350.50x

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