Richa Info Systems IPO vs SP Refractories IPO

Comparision between Richa Info Systems IPO and SP Refractories IPO.

IPO Details

Richa Info Systems IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while SP Refractories IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Richa Info Systems IPO	SP Refractories IPO
Logo		$SP Refractories IPO Logo$
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Swastika Investmart Ltd	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Richa Info Systems IPO is up to ₹10.00 Cr whereas the issue size of the SP Refractories IPO is up to ₹4.92 Cr. The final issue price of Richa Info Systems IPO is ₹125.00 per share and of SP Refractories IPO is ₹90.00 per share.

	Richa Info Systems IPO	SP Refractories IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹125.00 per share	₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	8,00,000 shares	2,97,600 shares
Fresh Issue Size (Amount)	up to ₹10.00 Cr	up to ₹2.68 Cr
OFS Issue Size		2,49,600 shares
OFS Issue Size (Amount)		up to ₹2.25 Cr
Issue Size Total	8,00,000 shares	5,47,200 shares
Issue Size Total (Amount)	up to ₹10.00 Cr	up to ₹4.92 Cr

IPO Timetable

Richa Info Systems IPO opens on Feb 09, 2022, while SP Refractories IPO opens on Mar 09, 2022. The closing date of Richa Info Systems IPO and SP Refractories IPO is Feb 11, 2022, and Mar 11, 2022, respectively.

	Richa Info Systems IPO	SP Refractories IPO
Anchor Bid Date
Issue Open	Feb 09, 2022	Mar 09, 2022
Issue Close	Feb 11, 2022	Mar 11, 2022
Basis Of Allotment (Tentative)	Feb 16, 2022	Mar 16, 2022
Initiation of Refunds (Tentative)	Feb 17, 2022	Mar 17, 2022
Credit of Share (Tentative)	Feb 17, 2022	Mar 21, 2022
Listing date (Tentative)	Feb 21, 2022	Mar 22, 2022
Anchor Lockin End date 1	Mar 18, 2022	Apr 15, 2022
Anchor Lockin End date 2	May 17, 2022	Jun 14, 2022

Financials

Richa Info Systems IPO P/E ratio is 41.67, as compared to SP Refractories IPO P/E ratio of 9.94.

Richa Info Systems IPO

SP Refractories IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Nov-21	31-Mar-21	31-Mar-20
Total Assets	172.13	88.38	40.65
Total Revenue	139.68	201.13	175.62
Profit After Tax	4.85	7.22	3.34

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,232.20	1,057.17	898.33	792.01
Total Revenue	1,447.64	2,572.48	2,099.59	1,855.95
Profit After Tax	80.74	75.35	39.93	20.59

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

69.42%

P/E Ratio

41.67

9.94

Market Cap

₹30.38 Cr.

₹16.11 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Richa Info Systems IPO retail investors (RII) are offered 3,80,000 shares while in SP Refractories IPO retail investors are offered 3,80,000 shares. Qualified institutional buyers (QIB) are offered in Richa Info Systems IPO and in SP Refractories IPO.

	Richa Info Systems IPO	SP Refractories IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	28,800 shares
QIB
NII	3,80,000 shares	2,59,200 shares
RII	3,80,000 shares	2,59,200 shares
Employee
Others
Total	7,60,000 shares	5,18,400 shares

Bids Received (Subscription)

Richa Info Systems IPO subscribed 5.05x in total, whereas SP Refractories IPO subscribed 7.24x.

	Richa Info Systems IPO	SP Refractories IPO
QIB (times)
NII (times)	3.16x	5.64x
Big NII (times)
Small NII (times)
RII (times)	6.94x	8.85x
Employee (times)
Other (times)
Total (times)	5.05x	7.24x

Compare with others

Richa Info Systems IPO	SP Refractories IPO
KN Agri IPO	achyut-healthcare-ipo
SP Refractories IPO	Bhatia Colour Chem IPO
Cool Caps IPO	Evoq Remedies IPO
Shigan Quantum Technologies IPO	Swaraj Suiting IPO
Ekennis Software IPO	KN Agri IPO
Madhavbaug IPO	Cool Caps IPO
Quality RO IPO	Shigan Quantum Technologies IPO
Maruti Interior IPO	Ekennis Software IPO
Safa Systems IPO	Richa Info Systems IPO
Alkosign IPO	Madhavbaug IPO

Comments

Add a public comment...