Comparison between Aakash Exploration IPO and Garv Industries IPO.
Aakash Exploration IPO is a SME Fixed Price IPO proposed to list at NSE SME while Garv Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Aakash Exploration IPO | Garv Industries 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. | Aryaman Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Garv Industries IPO is up to ₹3.03 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of Garv Industries IPO is ₹10.00 per share.
| Aakash Exploration IPO | Garv Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹56.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 10000 shares |
| Fresh Issue Size | 17,10,000 shares | 30,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.58 Cr | up to ₹3.03 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,10,000 shares | 30,30,000 shares |
| Issue Size Total (Amount) | up to ₹9.58 Cr | up to ₹3.03 Cr |
Aakash Exploration IPO opens on Apr 17, 2018, while Garv Industries IPO opens on Apr 12, 2018. The closing date of Aakash Exploration IPO and Garv Industries IPO is Apr 19, 2018, and Apr 17, 2018, respectively.
| Aakash Exploration IPO | Garv Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 17, 2018 | Apr 12, 2018 |
| Issue Close | Apr 19, 2018 | Apr 17, 2018 |
| Basis Of Allotment (Tentative) | Apr 24, 2018 | Apr 20, 2018 |
| Initiation of Refunds (Tentative) | Apr 25, 2018 | Apr 23, 2018 |
| Credit of Share (Tentative) | Apr 26, 2018 | Apr 24, 2018 |
| Listing date (Tentative) | Apr 27, 2018 | Apr 25, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aakash Exploration IPO P/E ratio is , as compared to Garv Industries IPO P/E ratio of .
| Aakash Exploration IPO | Garv Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹37.80 Cr. | ₹10.20 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aakash Exploration IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in Garv Industries IPO retail investors are offered 8,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Aakash Exploration IPO and in Garv Industries IPO.
| Aakash Exploration IPO | Garv Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 1,70,000 shares |
| QIB | ||
| NII | 8,55,000 shares | 15,15,000 shares |
| RII | 8,55,000 shares | 15,15,000 shares |
| Employee | ||
| Others | ||
| Total | 17,10,000 shares | 30,30,000 shares |
Aakash Exploration IPO subscribed 1.48x in total, whereas Garv Industries IPO subscribed 2.13x.
| Aakash Exploration IPO | Garv Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.59x | 2.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.38x | 1.98x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.48x | 2.13x |
