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Aakash Exploration IPO vs Mahickra Chemicals IPO

Comparison between Aakash Exploration IPO and Mahickra Chemicals IPO.

IPO Details

Aakash Exploration IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Mahickra Chemicals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Aakash Exploration IPOMahickra Chemicals IPO
LogoAakash Exploration IPO LogoMahickra Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersMonarch Networth Capital Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerMonarch Networth Capital Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aakash Exploration IPO is up to ₹9.58 Cr whereas the issue size of the Mahickra Chemicals IPO is up to ₹4.98 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of Mahickra Chemicals IPO is ₹25.00 per share.

 Aakash Exploration IPOMahickra Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹24.00 per share
Issue Price (Upper)₹25.00 per share
Issue Price (Final)₹56.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares6000 shares
Fresh Issue Size17,10,000 shares19,92,000 shares
Fresh Issue Size (Amount)up to ₹9.58 Crup to ₹4.98 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares19,92,000 shares
Issue Size Total (Amount)up to ₹9.58 Crup to ₹4.98 Cr

IPO Timetable

Aakash Exploration IPO opens on Apr 17, 2018, while Mahickra Chemicals IPO opens on Apr 16, 2018. The closing date of Aakash Exploration IPO and Mahickra Chemicals IPO is Apr 19, 2018, and Apr 18, 2018, respectively.

 Aakash Exploration IPOMahickra Chemicals IPO
Anchor Bid Date
Issue OpenApr 17, 2018Apr 16, 2018
Issue CloseApr 19, 2018Apr 18, 2018
Basis Of Allotment (Tentative)Apr 24, 2018Apr 23, 2018
Initiation of Refunds (Tentative)Apr 25, 2018Apr 24, 2018
Credit of Share (Tentative)Apr 26, 2018Apr 25, 2018
Listing date (Tentative)Apr 27, 2018Apr 26, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aakash Exploration IPO P/E ratio is , as compared to Mahickra Chemicals IPO P/E ratio of .

 Aakash Exploration IPOMahickra Chemicals IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,382.38 3,131.06 2,549.24 1,393.22 1,056.70
Total Revenue 3,380.30 2,563.31 2,345.20 1,389.54 944.65
Profit After Tax 110.02 44.32 101.44 49.38 14.40
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 2562.24 1817.89 1781.93 2089.50 1063.95
Total Revenue 4225.85 3478.82 4275.15 4355.99 1932.94
Profit After Tax 35.27 15.17 8.60 17.36 9.31
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Aakash Exploration IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in Mahickra Chemicals IPO retail investors are offered 8,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Aakash Exploration IPO and in Mahickra Chemicals IPO.

 Aakash Exploration IPOMahickra Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration90,000 shares1,08,000 shares
QIB
NII8,55,000 shares9,96,000 shares
RII8,55,000 shares9,96,000 shares
Employee
Others
Total17,10,000 shares19,92,000 shares

Bids Received (Subscription)

Aakash Exploration IPO subscribed 1.48x in total, whereas Mahickra Chemicals IPO subscribed 27.85x.

 Aakash Exploration IPOMahickra Chemicals IPO
QIB (times)
NII (times)1.59x22.42x
Big NII (times)
Small NII (times)
RII (times)1.38x9.88x
Employee (times)
Other (times)
Total (times)1.48x27.85x