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A-1 Acid IPO vs Rajnandini Metal IPO

Comparison between A-1 Acid IPO and Rajnandini Metal IPO.

IPO Details

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

 A-1 Acid IPORajnandini Metal IPO
LogoA-1 Acid IPO LogoRajnandini Metal IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.Corporate Capitalventures Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerGuiness Securities Ltd.Share India Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Rajnandini Metal IPO is up to ₹4.06 Cr. The final issue price of A-1 Acid IPO is ₹60.00 per share and of Rajnandini Metal IPO is ₹26.00 per share.

 A-1 Acid IPORajnandini Metal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹60.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size28,44,000 shares15,60,000 shares
Fresh Issue Size (Amount)up to ₹17.06 Crup to ₹4.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares15,60,000 shares
Issue Size Total (Amount)up to ₹17.06 Crup to ₹4.06 Cr

IPO Timetable

A-1 Acid IPO opens on Sep 25, 2018, while Rajnandini Metal IPO opens on Sep 24, 2018. The closing date of A-1 Acid IPO and Rajnandini Metal IPO is Oct 01, 2018, and Sep 27, 2018, respectively.

 A-1 Acid IPORajnandini Metal IPO
Anchor Bid Date
Issue OpenSep 25, 2018Sep 24, 2018
Issue CloseOct 01, 2018Sep 27, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Oct 10, 2018Oct 08, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

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

 A-1 Acid IPORajnandini Metal IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 3,934.59 3,765.29 2,593.89 2,415.72 2,436.23
Total Revenue 9,616.50 10,579.67 8,539.29 9,700.82 10,114.03
Profit After Tax 247.88 300.04 92.48 12.61 (12.39)
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,883.98 4,250.62 3,437.18 3,316.57 4,590.35 3,830.85
Total Revenue 14,115.52 12,730.96 13,654.76 10,983.81 10,437.12 9,010.76
Profit After Tax 102.87 55.21 31.62 55.41 40.74 39.07
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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

 A-1 Acid IPORajnandini Metal IPO
Anchor Investor Reserveration
Market Maker Reserveration1,56,000 shares84,000 shares
QIB
NII14,22,000 shares7,80,000 shares
RII14,22,000 shares7,80,000 shares
Employee
Others
Total28,44,000 shares15,60,000 shares

Bids Received (Subscription)

A-1 Acid IPO subscribed 1.81x in total, whereas Rajnandini Metal IPO subscribed 1.38x.

 A-1 Acid IPORajnandini Metal IPO
QIB (times)
NII (times)2.37x2.38x
Big NII (times)
Small NII (times)
RII (times)1.25x0.38x
Employee (times)
Other (times)
Total (times)1.81x1.38x