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Aartech Solonics IPO vs Ashapuri Gold Ornament IPO

Comparison between Aartech Solonics IPO and Ashapuri Gold Ornament IPO.

IPO Details

Aartech Solonics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ashapuri Gold Ornament IPO is a SME Fixed Price proposed to list at BSE SME.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
LogoAartech Solonics IPO LogoAshapuri Gold Ornament IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSwastika Investmart Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aartech Solonics IPO is up to ₹6.83 Cr whereas the issue size of the Ashapuri Gold Ornament IPO is up to ₹27.81 Cr. The final issue price of Aartech Solonics IPO is ₹34.00 per share and of Ashapuri Gold Ornament IPO is ₹51.00 per share.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹34.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size20,08,000 shares54,52,000 shares
Fresh Issue Size (Amount)up to ₹6.83 Crup to ₹27.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,08,000 shares54,52,000 shares
Issue Size Total (Amount)up to ₹6.83 Crup to ₹27.81 Cr

IPO Timetable

Aartech Solonics IPO opens on Mar 12, 2019, while Ashapuri Gold Ornament IPO opens on Mar 13, 2019. The closing date of Aartech Solonics IPO and Ashapuri Gold Ornament IPO is Mar 18, 2019, and Mar 18, 2019, respectively.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Issue OpenMar 12, 2019Mar 13, 2019
Issue CloseMar 18, 2019Mar 18, 2019
Basis Of Allotment (Tentative)Mar 22, 2019Mar 22, 2019
Initiation of Refunds (Tentative)Mar 25, 2019Mar 25, 2019
Credit of Share (Tentative)Mar 25, 2019Mar 26, 2019
Listing date (Tentative)Mar 27, 2019Mar 27, 2019

Financials & KPIs

Aartech Solonics IPO P/E ratio is , as compared to Ashapuri Gold Ornament IPO P/E ratio of .

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets19.4219.3819.4618.72
Total Income4.1712.0913.4210.26
Profit After Tax0.601.180.300.23
NET Worth18.5117.9116.7716.47
Reserves and Surplus13.5712.9711.8311.53
Total Borrowing0.50
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Nov 201831 Mar 201831 Mar 201731 Mar 2016
Assets16.1014.5415.5816.84
Total Income49.5146.9337.2955.63
Profit After Tax0.320.070.040.06
NET Worth6.926.606.536.45
Reserves and Surplus6.826.506.436.39
Total Borrowing5.124.825.778.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.85%100%
Promoter Shareholding (Post-Issue)52.38%73%
Market Cap₹24.00 Cr.₹108.59 Cr.

Shares Offered

In the Aartech Solonics IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Ashapuri Gold Ornament IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Aartech Solonics IPO and in Ashapuri Gold Ornament IPO.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Market Maker Reservation1,12,000 shares2,98,000 shares
NII10,04,000 shares27,26,000 shares
RII10,04,000 shares27,26,000 shares
Total20,08,000 shares54,52,000 shares

Bids Received (Subscription)

Aartech Solonics IPO subscribed 2.00x in total, whereas Ashapuri Gold Ornament IPO subscribed 1.16x.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
NII (times)2.35x2.07x
RII (times)1.64x0.25x
Total (times)2.00x1.16x

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Compare:

Aartech Solonics IPO Vs Ashapuri Gold Ornament IPO