Rishabh Instruments IPO vs Vishnu Prakash R Punglia IPO

Comparision between Rishabh Instruments IPO and Vishnu Prakash R Punglia IPO.

IPO Details

Rishabh Instruments IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vishnu Prakash R Punglia IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited Mirae Asset Capital Markets (India) Private Limited	Choice Capital Advisors Pvt Ltd Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rishabh Instruments IPO is up to ₹490.78 Cr whereas the issue size of the Vishnu Prakash R Punglia IPO is up to ₹308.88 Cr. The final issue price of Rishabh Instruments IPO is ₹441.00 per share and of Vishnu Prakash R Punglia IPO is ₹99.00 per share.

	Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹418.00 per share	₹94.00 per share
Issue Price (Upper)	₹441.00 per share	₹99.00 per share
Issue Price (Final)	₹441.00 per share	₹99.00 per share
Discount (Retail)
Discount (Employee)		₹9.00 per share
Market Lot Size	34 shares	150 shares
Fresh Issue Size	17,00,680 shares	3,12,00,000 shares
Fresh Issue Size (Amount)	up to ₹75.00 Cr
OFS Issue Size	94,28,178 shares
OFS Issue Size (Amount)	up to ₹415.78 Cr
Issue Size Total	1,11,28,858 shares	3,12,00,000 shares
Issue Size Total (Amount)	up to ₹490.78 Cr	up to ₹308.88 Cr

IPO Timetable

Rishabh Instruments IPO opens on Aug 30, 2023, while Vishnu Prakash R Punglia IPO opens on Aug 24, 2023. The closing date of Rishabh Instruments IPO and Vishnu Prakash R Punglia IPO is Sep 01, 2023, and Aug 28, 2023, respectively.

	Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
Anchor Bid Date	Aug 29, 2023	Aug 23, 2023
Issue Open	Aug 30, 2023	Aug 24, 2023
Issue Close	Sep 01, 2023	Aug 28, 2023
Basis Of Allotment (Tentative)	Sep 06, 2023	Aug 31, 2023
Initiation of Refunds (Tentative)	Sep 07, 2023	Sep 01, 2023
Credit of Share (Tentative)	Sep 08, 2023	Sep 04, 2023
Listing date (Tentative)	Sep 11, 2023	Sep 05, 2023
Anchor Lockin End date 1	Oct 06, 2023	Sep 30, 2023
Anchor Lockin End date 2	Dec 05, 2023	Nov 29, 2023

Financials

Rishabh Instruments IPO P/E ratio is , as compared to Vishnu Prakash R Punglia IPO P/E ratio of 13.61.

Rishabh Instruments IPO

Vishnu Prakash R Punglia IPO

Financial

Rishabh Instruments IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	511.97	563.89	648.93
Revenue	402.49	479.92	579.78
Profit After Tax	35.94	49.65	49.69
Net Worth	302.13	346.10	408.75
Reserves and Surplus
Total Borrowing	91.95	96.57	102.85

Amount in ₹ Crore

Vishnu Prakash R Punglia IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	331.05	497.81	825.48
Revenue	487.67	787.39	1,171.46
Profit After Tax	18.98	44.85	90.64
Net Worth	113.61	158.69	314.51
Reserves and Surplus	85.24	130.11	219.96
Total Borrowing	110.78	176.58	250.37

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

80.67%

90.45%

Promoter Shareholding (Post-Issue)

70.68%

67.81%

P/E Ratio

13.61

Market Cap

₹1674.10 Cr.

₹1234.00 Cr.

ROE

12.39%%

ROCE

13.77%%

33.72%%

Debt/Equity

0.26

0.8

EPS

₹12.84

₹10.41

RoNW

11.67%%

38.31%%

Shares Offered

In the Rishabh Instruments IPO retail investors (RII) are offered 38,95,101 shares while in Vishnu Prakash R Punglia IPO retail investors are offered 38,95,101 shares. Qualified institutional buyers (QIB) are offered 22,25,772 shares in Rishabh Instruments IPO and 61,80,000 shares in Vishnu Prakash R Punglia IPO.

	Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
Anchor Investor Reserveration	33,38,656 shares	92,70,000 shares
Market Maker Reserveration
QIB	22,25,772 shares	61,80,000 shares
NII	16,69,329 shares	46,35,000 shares
RII	38,95,101 shares	1,08,15,000 shares
Employee	0 shares	3,00,000 shares
Others
Total	77,90,202 shares	2,19,30,000 shares

Bids Received (Subscription)

Rishabh Instruments IPO subscribed 31.65x in total, whereas Vishnu Prakash R Punglia IPO subscribed 87.82x.

	Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
QIB (times)	72.54x	171.69x
NII (times)	31.29x	111.03x
Big NII (times)	34.01x	112.02x
Small NII (times)	25.86x	109.07x
RII (times)	8.44x	32.01x
Employee (times)		12.97x
Other (times)
Total (times)	31.65x	87.82x

Compare with others

Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
Zaggle Prepaid Ocean Services IPO	SAMHI Hotels IPO
R R Kabel IPO	EMS IPO
SAMHI Hotels IPO	Jupiter Life Line Hospitals IPO
EMS IPO	Rishabh Instruments IPO
Jupiter Life Line Hospitals IPO	Ratnaveer Precision Engineering IPO
Ratnaveer Precision Engineering IPO	Aeroflex Industries IPO
Vishnu Prakash R Punglia IPO	Pyramid Technoplast IPO
Aeroflex Industries IPO	India Shelter Finance IPO
Pyramid Technoplast IPO	TVS Supply Chain Solutions IPO
India Shelter Finance IPO	Concord Biotech IPO

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