Ideal Technoplast Industries IPO vs Resourceful Automobile IPO

Comparision between Ideal Technoplast Industries IPO and Resourceful Automobile IPO.

IPO Details

Ideal Technoplast Industries IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Resourceful Automobile IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Ideal Technoplast Industries IPO	Resourceful Automobile 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	Swastika Investmart Ltd
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Sunflower Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
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 Resourceful Automobile IPO is up to ₹11.99 Cr. The final issue price of Ideal Technoplast Industries IPO is ₹121.00 per share and of Resourceful Automobile IPO is ₹117.00 per share.

	Ideal Technoplast Industries IPO	Resourceful Automobile IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹121.00 per share	₹117.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	13,25,000 shares	10,24,800 shares
Fresh Issue Size (Amount)	up to ₹16.03 Cr	up to ₹11.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	13,25,000 shares	10,24,800 shares
Issue Size Total (Amount)	up to ₹16.03 Cr	up to ₹11.99 Cr

IPO Timetable

Ideal Technoplast Industries IPO opens on Aug 21, 2024, while Resourceful Automobile IPO opens on Aug 22, 2024. The closing date of Ideal Technoplast Industries IPO and Resourceful Automobile IPO is Aug 23, 2024, and Aug 26, 2024, respectively.

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

Financials

Ideal Technoplast Industries IPO P/E ratio is 12.47, as compared to Resourceful Automobile IPO P/E ratio of 45.99.

Ideal Technoplast Industries IPO

Resourceful Automobile 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

Resourceful Automobile Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,451.41	1,000.49	1,008.58	429.46
Revenue	1,723.64	1,938.26	1,250.1	1,127.26
Profit After Tax	152.24	41.5	28.73	0.16
Net Worth	315.78	163.56	74.78	46.05
Reserves and Surplus	152.67	66.27	24.78	-3.95
Total Borrowing	992.34	747.77	673.73	269.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.50%

61.41%

P/E Ratio

12.47

45.99

Market Cap

₹60.50 Cr.

₹31.07 Cr.

ROE

43.95%

0.48%

ROCE

32.95%

31.22%

Debt/Equity

EPS

₹9.70

₹2.54

RoNW

43.95%

0.48%

Shares Offered

In the Ideal Technoplast Industries IPO retail investors (RII) are offered 6,29,000 shares while in Resourceful Automobile 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 Resourceful Automobile IPO.

	Ideal Technoplast Industries IPO	Resourceful Automobile IPO
Anchor Investor Reserveration
Market Maker Reserveration	67,000 shares	51,600 shares
QIB	0 shares	0 shares
NII	6,29,000 shares	4,86,600 shares
RII	6,29,000 shares	4,86,600 shares
Employee	0 shares	0 shares
Others
Total	12,58,000 shares	9,73,200 shares

Bids Received (Subscription)

Ideal Technoplast Industries IPO subscribed 116.75x in total, whereas Resourceful Automobile IPO subscribed 74.13x.

	Ideal Technoplast Industries IPO	Resourceful Automobile IPO
QIB (times)
NII (times)	108.49x	42.32x
Big NII (times)
Small NII (times)
RII (times)	115.57x	105.93x
Employee (times)
Other (times)
Total (times)	116.75x	74.13x

Compare with others

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Resourceful Automobile IPO	Indian Phosphate IPO
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