Aaron Industries IPO vs Ahlada Engineers IPO

Comparison between Aaron Industries IPO and Ahlada Engineers IPO.

IPO Details

Aaron Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Ahlada Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aaron Industries IPO is up to ₹4.54 Cr whereas the issue size of the Ahlada Engineers IPO is up to ₹48.51 Cr. The final issue price of Aaron Industries IPO is ₹38.00 per share and of Ahlada Engineers IPO is ₹150.00 per share.

 Aaron Industries IPOAhlada Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹147.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹38.00 per share₹150.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares1000 shares
Fresh Issue Size11,94,000 shares32,34,000 shares
Fresh Issue Size (Amount)up to ₹4.54 Crup to ₹48.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,94,000 shares32,34,000 shares
Issue Size Total (Amount)up to ₹4.54 Crup to ₹48.51 Cr

IPO Timetable

Aaron Industries IPO opens on Aug 20, 2018, while Ahlada Engineers IPO opens on Sep 11, 2018. The closing date of Aaron Industries IPO and Ahlada Engineers IPO is Aug 24, 2018, and Sep 18, 2018, respectively.

 Aaron Industries IPOAhlada Engineers IPO
Issue OpenAug 20, 2018Sep 11, 2018
Issue CloseAug 24, 2018Sep 18, 2018
Basis Of Allotment (Tentative)Aug 29, 2018Sep 24, 2018
Initiation of Refunds (Tentative)Sep 25, 2018
Credit of Share (Tentative)Sep 25, 2018
Listing date (Tentative)Sep 03, 2018Oct 27, 2018

Financials & KPIs

Aaron Industries IPO P/E ratio is , as compared to Ahlada Engineers IPO P/E ratio of .

 Aaron Industries IPOAhlada Engineers IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets6.932.552.21
Total Income11.794.803.32
Profit After Tax1.070.050.04
NET Worth3.560.290.24
Reserves and Surplus1.680.100.05
Total Borrowing0.991.341.15
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets145.6297.8683.87
Total Income127.89118.55111.47
Profit After Tax8.093.273.06
NET Worth36.4028.4025.24
Reserves and Surplus27.7224.0120.74
Total Borrowing47.1530.4923.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%68.38%
Promoter Shareholding (Post-Issue)73.72%50.36%
Market Cap₹18.17 Cr.₹193.82 Cr.

Shares Offered

In the Aaron Industries IPO Retail Individual Investors (RII) are offered 5,97,000 shares while in Ahlada Engineers IPO retail investors are offered 5,97,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Aaron Industries IPO and 12,94,000 shares in Ahlada Engineers IPO.

 Aaron Industries IPOAhlada Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation63,000 shares1,71,000 shares
QIB0 shares12,94,000 shares
NII5,97,000 shares8,08,000 shares
RII5,97,000 shares11,32,000 shares
Employee0 shares0 shares
Total11,94,000 shares32,34,000 shares

Bids Received (Subscription)

Aaron Industries IPO subscribed 2.95x in total, whereas Ahlada Engineers IPO subscribed 2.35x.

 Aaron Industries IPOAhlada Engineers IPO
QIB (times)1.44x
NII (times)3.26x2.64x
RII (times)2.65x3.19x
Total (times)2.95x2.35x

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