Richa Info Systems IPO vs Shigan Quantum Technologies IPO

Comparision between Richa Info Systems IPO and Shigan Quantum Technologies IPO.

IPO Details

Richa Info Systems IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shigan Quantum Technologies IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Richa Info Systems IPO	Shigan Quantum Technologies 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	Finshore Management Services Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Shigan Quantum Technologies IPO is up to ₹22.70 Cr. The final issue price of Richa Info Systems IPO is ₹125.00 per share and of Shigan Quantum Technologies IPO is ₹50.00 per share.

	Richa Info Systems IPO	Shigan Quantum Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹125.00 per share	₹50.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	3000 shares
Fresh Issue Size	8,00,000 shares	45,39,000 shares
Fresh Issue Size (Amount)	up to ₹10.00 Cr	up to ₹22.70 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,00,000 shares	45,39,000 shares
Issue Size Total (Amount)	up to ₹10.00 Cr	up to ₹22.70 Cr

IPO Timetable

Richa Info Systems IPO opens on Feb 09, 2022, while Shigan Quantum Technologies IPO opens on Feb 28, 2022. The closing date of Richa Info Systems IPO and Shigan Quantum Technologies IPO is Feb 11, 2022, and Mar 03, 2022, respectively.

	Richa Info Systems IPO	Shigan Quantum Technologies IPO
Anchor Bid Date
Issue Open	Feb 09, 2022	Feb 28, 2022
Issue Close	Feb 11, 2022	Mar 03, 2022
Basis Of Allotment (Tentative)	Feb 16, 2022	Mar 08, 2022
Initiation of Refunds (Tentative)	Feb 17, 2022	Mar 09, 2022
Credit of Share (Tentative)	Feb 17, 2022	Mar 10, 2022
Listing date (Tentative)	Feb 21, 2022	Mar 11, 2022
Anchor Lockin End date 1	Mar 18, 2022	Apr 07, 2022
Anchor Lockin End date 2	May 17, 2022	Jun 06, 2022

Financials

Richa Info Systems IPO P/E ratio is 41.67, as compared to Shigan Quantum Technologies IPO P/E ratio of 12.41.

Richa Info Systems IPO

Shigan Quantum Technologies 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)
	31-Aug-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	4,679.17	4,529.57	2,473.48	2,205.65
Total Revenue	6,439.76	9,602.26	7,278.78	6,908.42
Profit After Tax	289.29	351.34	292.07	266.07

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.63%

P/E Ratio

41.67

12.41

Market Cap

₹30.38 Cr.

₹86.08 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 Shigan Quantum Technologies IPO retail investors are offered 3,80,000 shares. Qualified institutional buyers (QIB) are offered in Richa Info Systems IPO and in Shigan Quantum Technologies IPO.

	Richa Info Systems IPO	Shigan Quantum Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration	40,000 shares	2,28,000 shares
QIB
NII	3,80,000 shares	21,54,000 shares
RII	3,80,000 shares	21,57,000 shares
Employee
Others
Total	7,60,000 shares	43,11,000 shares

Bids Received (Subscription)

Richa Info Systems IPO subscribed 5.05x in total, whereas Shigan Quantum Technologies IPO subscribed 17.95x.

	Richa Info Systems IPO	Shigan Quantum Technologies IPO
QIB (times)
NII (times)	3.16x	27.70x
Big NII (times)
Small NII (times)
RII (times)	6.94x	8.21x
Employee (times)
Other (times)
Total (times)	5.05x	17.95x

Compare with others

Richa Info Systems IPO	Shigan Quantum Technologies IPO
KN Agri IPO	Evoq Remedies IPO
SP Refractories IPO	Swaraj Suiting IPO
Cool Caps IPO	KN Agri IPO
Shigan Quantum Technologies IPO	SP Refractories IPO
Ekennis Software IPO	Cool Caps IPO
Madhavbaug IPO	Ekennis Software IPO
Quality RO IPO	Richa Info Systems IPO
Maruti Interior IPO	Madhavbaug IPO
Safa Systems IPO	Quality RO IPO
Alkosign IPO	Maruti Interior IPO

Comments

Add a public comment...