Contents
- 1 Table of Contents
- 2 Overview of RNFI Services IPO and SAR Televenture FPO
- 3 RNFI Services IPO vs SAR Televenture FPO
- 4 Key Dates and Timelines
- 5 Lot Sizes and Pricing
- 6 Company Profiles
- 7 Objectives of the Issue
- 8 Financial Performance
- 9 Key Financial Metrics (KPIs)
- 10 Peer Comparison
- 11 Registrar and Lead Manager
- 12 Application Process
- 13 Conclusion
- 14 FAQs
In the world of investment, initial public offerings (IPOs) and follow-on public offerings (FPOs) provide opportunities for investors to buy shares of a company. If you’re trying to decide between the RNFI Services IPO vs SAR Televenture FPO, this detailed comparison will help you understand the differences, benefits, and potential risks associated with both.
Table of Contents
Overview of RNFI Services IPO and SAR Televenture FPO
RNFI Services IPO
RNFI Services IPO is a new public issue of shares by RNFI Services Limited. It’s aimed at raising capital for various business needs.
Details:
- IPO Size: ₹70.81 crores
- Shares: 67.44 lakh fresh shares
- IPO Price Band: ₹98 to ₹105 per share
- Lot Size: 1200 shares
- Listing Date: July 29, 2024
- Registrar: Skyline Financial Services Private Limited
- Lead Manager: Choice Capital Advisors Private Limited
SAR Televenture FPO
SAR Televenture FPO is a follow-on public offering from SAR Televenture Limited, aiming to raise additional capital.
Details:
- FPO Size: ₹150 crores
- Shares: 71.43 lakh fresh shares
- FPO Price Band: ₹200 to ₹210 per share
- Lot Size: 500 shares
- Listing Date: July 29, 2024
- Registrar: LINK INTIME INDIA PRIVATE LIMITED
- Lead Manager: Pantomath Capital Advisors Private Limited
RNFI Services IPO vs SAR Televenture FPO
Here’s a comparison table summarizing the key aspects of RNFI Services IPO vs SAR Televenture FPO.
| Feature | RNFI Services IPO | SAR Televenture FPO |
|---|---|---|
| IPO/FPO Type | IPO | FPO |
| Issue Size | ₹70.81 crores | ₹150 crores |
| Number of Shares | 67.44 lakh | 71.43 lakh |
| Price Band | ₹98 – ₹105 | ₹200 – ₹210 |
| Lot Size | 1200 shares | 500 shares |
| Listing Date | July 29, 2024 | July 29, 2024 |
| Registrar | Skyline Financial Services | LINK INTIME INDIA PRIVATE LIMITED |
| Lead Manager | Choice Capital Advisors | Pantomath Capital Advisors |
Key Dates and Timelines
Here’s a detailed look at the key dates for RNFI Services IPO vs SAR Televenture FPO:
| Event | RNFI Services IPO | SAR Televenture FPO |
|---|---|---|
| Open Date | July 22, 2024 | July 22, 2024 |
| Close Date | July 24, 2024 | July 24, 2024 |
| Allotment Date | July 25, 2024 | July 25, 2024 |
| Refunds Initiated | July 26, 2024 | July 23, 2024 |
| Shares Credit to Demat | July 26, 2024 | July 29, 2024 |
| Listing Date | July 29, 2024 | July 29, 2024 |
Lot Sizes and Pricing
RNFI Services IPO vs SAR Televenture FPO have different lot sizes and pricing structures.
RNFI Services IPO
| Application Type | Minimum Shares | Amount (₹) |
|---|---|---|
| Retail | 1200 | ₹126,000 |
| HNI | 2400 | ₹252,000 |
SAR Televenture FPO
| Application Type | Minimum Shares | Amount (₹) |
|---|---|---|
| Retail | 500 | ₹105,000 |
| HNI | 1000 | ₹210,000 |
Company Profiles
RNFI Services Limited
RNFI Services offers a range of financial technology solutions across India. Their services include business correspondent services, money changing, and insurance broking.
- Business Model: Tech-enabled financial services.
- Reach: Nationwide, focusing on underserved areas.
- Key Services: KYC authentication, prepaid cards, insurance.
SAR Televenture Limited
SAR Televenture provides telecom infrastructure solutions and manages network assets.
- Business Model: Telecom infrastructure provider.
- Key Services: Tower installation, fibre cable systems, network equipment sales.
Objectives of the Issue
RNFI Services IPO
- Working Capital Requirements: Funds for day-to-day operations.
- Capital Expenditure: Purchase of equipment.
- Technology Infrastructure: Develop new capabilities.
- Acquisitions: Strategic growth initiatives.
- General Corporate Purposes: Other business needs.
SAR Televenture FPO
- Customer Acquisition: Marketing and awareness.
- Debt Repayment: Paying off borrowings.
- Working Capital: Operational expenses.
- General Corporate Purposes: General business activities.
Financial Performance
Here’s a comparison of financial metrics for RNFI Services IPO vs SAR Televenture FPO.
RNFI Services Limited
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| EBITDA | ₹1,923.88 L | ₹993.87 L | ₹979.66 L |
| Net Profit | ₹996.07 L | ₹488.71 L | ₹555.03 L |
| Net Profit Margin | 1.06% | 0.46% | 2.95% |
| ROE | 40.92% | 31.99% | 49.42% |
SAR Televenture Limited
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | ₹12,416.97 L | ₹3,251.63 L | ₹475.35 L |
| Profit After Tax | ₹1,566.17 L | ₹393.59 L | ₹3.71 L |
| PAT Margin | 12.61% | 12.10% | 0.78% |
| ROE | 21.81% | 33.20% | -47.94% |
Key Financial Metrics (KPIs)
RNFI Services IPO vs SAR Televenture FPO
| KPI | RNFI Services IPO | SAR Televenture FPO |
|---|---|---|
| EBITDA Margin | 2.06% | 14.19% |
| Net Profit Margin | 1.06% | 12.61% |
| Debt-to-Equity Ratio | 1.02 | 2.48 |
Peer Comparison
RNFI Services IPO
- BLS E-Services Limited
- Mos Utility Limited
SAR Televenture FPO
- Suyog Telematics Limited
- Kore Digital Limited
Registrar and Lead Manager
RNFI Services IPO
- Registrar: Skyline Financial Services Private Limited
- Lead Manager: Choice Capital Advisors Private Limited
SAR Televenture FPO
- Registrar: LINK INTIME INDIA PRIVATE LIMITED
- Lead Manager: Pantomath Capital Advisors Private Limited
Application Process
To apply for the RNFI Services IPO vs SAR Televenture FPO, follow these steps:
- Visit the Registrar’s Website: For RNFI Services IPO, go to [Skyline Financial Services](https://www.rnfiservices.com). For SAR Televenture FPO, visit LINK INTIME INDIA.
- Fill Out the Application Form: Provide necessary details such as PAN, DP ID, and application number.
- Submit: Complete your application and monitor the allotment status.
Conclusion
When choosing between RNFI Services IPO vs SAR Televenture FPO, consider the following:
- RNFI Services IPO focuses on financial technology services with a smaller issue size and lower price band.
- SAR Televenture FPO offers telecom infrastructure services with a larger issue size and higher price band.
Both offerings have their unique strengths and investment potentials. RNFI Services IPO might appeal to those interested in tech-driven financial services, while SAR Televenture FPO could attract those looking for opportunities in the telecom sector.
FAQs
What is the difference between an IPO and an FPO?
An IPO (Initial Public Offering) is a company’s first sale of shares to the public. An FPO (Follow-On Public Offering) is a subsequent sale of shares after the company’s initial public offering.
How do I decide between RNFI Services IPO and SAR Televenture FPO?
Consider the company’s business model, financial performance, and your own investment strategy. RNFI Services IPO is focused on financial technology, while SAR Televenture FPO is centred on telecom infrastructure.
How can I check the GMP for these offers?
Visit the IPO GMP section on financial news websites for daily updates on the grey market premium for RNFI Services IPO vs SAR Televenture FPO.
