A-1 Acid IPO vs Kshitij Polyline IPO

Comparison between A-1 Acid IPO and Kshitij Polyline IPO.

IPO Details

A-1 Acid IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kshitij Polyline IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of A-1 Acid IPO is up to ₹17.06 Cr whereas the issue size of the Kshitij Polyline IPO is up to ₹8.29 Cr. The final issue price of A-1 Acid IPO is ₹60.00 per share and of Kshitij Polyline IPO is ₹35.00 per share.

 A-1 Acid IPOKshitij Polyline IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares4000 shares
Fresh Issue Size28,44,000 shares23,68,000 shares
Fresh Issue Size (Amount)up to ₹17.06 Crup to ₹8.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares23,68,000 shares
Issue Size Total (Amount)up to ₹17.06 Crup to ₹8.29 Cr

IPO Timetable

A-1 Acid IPO opens on Sep 25, 2018, while Kshitij Polyline IPO opens on Sep 21, 2018. The closing date of A-1 Acid IPO and Kshitij Polyline IPO is Oct 01, 2018, and Sep 27, 2018, respectively.

 A-1 Acid IPOKshitij Polyline IPO
Issue OpenSep 25, 2018Sep 21, 2018
Issue CloseOct 01, 2018Sep 27, 2018
Basis Of Allotment (Tentative)Oct 05, 2018Oct 03, 2018
Initiation of Refunds (Tentative)Oct 04, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 10, 2018Oct 08, 2018

Financials & KPIs

A-1 Acid IPO P/E ratio is , as compared to Kshitij Polyline IPO P/E ratio of .

 A-1 Acid IPOKshitij Polyline IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets39.3537.6525.94
Total Income96.17105.8085.39
Profit After Tax2.483.000.92
NET Worth13.7811.308.30
Reserves and Surplus6.7810.307.30
Total Borrowing14.8516.9611.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets24.7717.1914.83
Total Income27.4317.0115.57
Profit After Tax1.060.280.20
NET Worth8.624.112.08
Reserves and Surplus3.321.110.33
Total Borrowing9.1510.3211.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%88.14%
Promoter Shareholding (Post-Issue)70%62.76%
Market Cap₹60.00 Cr.₹30.39 Cr.

Shares Offered

In the A-1 Acid IPO Retail Individual Investors (RII) are offered 14,22,000 shares while in Kshitij Polyline IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in A-1 Acid IPO and 0 shares in Kshitij Polyline IPO.

 A-1 Acid IPOKshitij Polyline IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares1,32,000 shares
QIB0 shares0 shares
NII14,22,000 shares11,84,000 shares
RII14,22,000 shares11,84,000 shares
Employee0 shares0 shares
Total28,44,000 shares23,68,000 shares

Bids Received (Subscription)

A-1 Acid IPO subscribed 1.81x in total, whereas Kshitij Polyline IPO subscribed 1.45x.

 A-1 Acid IPOKshitij Polyline IPO
NII (times)2.37x1.88x
RII (times)1.25x1.02x
Total (times)1.81x1.45x

Compare with others

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A-1 Acid IPO Vs Kshitij Polyline IPO