Comparison between Aakash Exploration IPO and Akshar Spintex IPO.
Aakash Exploration IPO is a SME Fixed Price IPO proposed to list at NSE SME while Akshar Spintex IPO is a SME Fixed Price proposed to list at BSE SME.
| Aakash Exploration IPO | Akshar Spintex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Monarch Networth Capital Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aakash Exploration IPO is up to ₹9.58 Cr whereas the issue size of the Akshar Spintex IPO is up to ₹25.61 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of Akshar Spintex IPO is ₹40.00 per share.
| Aakash Exploration IPO | Akshar Spintex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹56.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 17,10,000 shares | 6,54,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.58 Cr | up to ₹2.62 Cr |
| OFS Issue Size | 0 shares | 57,48,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.99 Cr |
| Issue Size Total | 17,10,000 shares | 64,02,000 shares |
| Issue Size Total (Amount) | up to ₹9.58 Cr | up to ₹25.61 Cr |
Aakash Exploration IPO opens on Apr 17, 2018, while Akshar Spintex IPO opens on Apr 27, 2018. The closing date of Aakash Exploration IPO and Akshar Spintex IPO is Apr 19, 2018, and May 03, 2018, respectively.
| Aakash Exploration IPO | Akshar Spintex IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 17, 2018 | Apr 27, 2018 |
| Issue Close | Apr 19, 2018 | May 03, 2018 |
| Basis Of Allotment (Tentative) | Apr 24, 2018 | |
| Initiation of Refunds (Tentative) | Apr 25, 2018 | |
| Credit of Share (Tentative) | Apr 26, 2018 | |
| Listing date (Tentative) | Apr 27, 2018 | May 11, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aakash Exploration IPO P/E ratio is , as compared to Akshar Spintex IPO P/E ratio of .
| Aakash Exploration IPO | Akshar Spintex IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
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| Promoter Shareholding (Pre-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aakash Exploration IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in Akshar Spintex IPO retail investors are offered 8,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Aakash Exploration IPO and in Akshar Spintex IPO.
| Aakash Exploration IPO | Akshar Spintex IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 90,000 shares | 3,45,000 shares |
| QIB | ||
| NII | 8,55,000 shares | 32,01,000 shares |
| RII | 8,55,000 shares | 32,01,000 shares |
| Employee | ||
| Others | ||
| Total | 17,10,000 shares | 64,02,000 shares |
Aakash Exploration IPO subscribed 1.48x in total, whereas Akshar Spintex IPO subscribed 5.49x.
| Aakash Exploration IPO | Akshar Spintex IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.59x | 1.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.38x | 9.24x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.48x | 5.49x |
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