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Aartech Solonics IPO vs Kranti Industries IPO

Comparison between Aartech Solonics IPO and Kranti Industries IPO.

IPO Details

Aartech Solonics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kranti Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Aartech Solonics IPOKranti Industries IPO
LogoAartech Solonics IPO LogoKranti Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSwastika Investmart Ltd.SMC Global Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
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 Kranti Industries IPO is up to ₹8.15 Cr. The final issue price of Aartech Solonics IPO is ₹34.00 per share and of Kranti Industries IPO is ₹37.00 per share.

 Aartech Solonics IPOKranti Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹34.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares3000 shares
Fresh Issue Size20,08,000 shares16,35,000 shares
Fresh Issue Size (Amount)up to ₹6.83 Crup to ₹6.05 Cr
OFS Issue Size0 shares5,67,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.10 Cr
Issue Size Total20,08,000 shares22,02,000 shares
Issue Size Total (Amount)up to ₹6.83 Crup to ₹8.15 Cr

IPO Timetable

Aartech Solonics IPO opens on Mar 12, 2019, while Kranti Industries IPO opens on Feb 14, 2019. The closing date of Aartech Solonics IPO and Kranti Industries IPO is Mar 18, 2019, and Feb 20, 2019, respectively.

 Aartech Solonics IPOKranti Industries IPO
Anchor Bid Date
Issue OpenMar 12, 2019Feb 14, 2019
Issue CloseMar 18, 2019Feb 20, 2019
Basis Of Allotment (Tentative)Mar 22, 2019
Initiation of Refunds (Tentative)Mar 25, 2019
Credit of Share (Tentative)Mar 25, 2019
Listing date (Tentative)Mar 27, 2019Feb 28, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aartech Solonics IPO P/E ratio is , as compared to Kranti Industries IPO P/E ratio of .

 Aartech Solonics IPOKranti Industries IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 1,941.52 1,938.08 1,945.78 1,872.11 1,922.00 1,804.34
Total Revenue 416.69 1,208.50 1,342.05 1,025.84 994.35 953.79
Profit After Tax 60.09 117.58 30.09 22.81 112.62 (70.41)
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 5,015.10 4,378.06 4,401.16 4,135.49
Total Revenue 3,321.91 4,610.92 2,925.19 2,884.41
Profit After Tax 137.14 89.97 (92.85) (21.02)
Promoter Shareholding (Pre-Issue)74.8568.18
Promoter Shareholding (Post-Issue)52.3854.61
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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

 Aartech Solonics IPOKranti Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration1,12,000 shares1,17,000 shares
QIB
NII10,04,000 shares11,01,000 shares
RII10,04,000 shares11,01,000 shares
Employee
Others
Total20,08,000 shares22,02,000 shares

Bids Received (Subscription)

Aartech Solonics IPO subscribed 2.00x in total, whereas Kranti Industries IPO subscribed 1.29x.

 Aartech Solonics IPOKranti Industries IPO
QIB (times)
NII (times)2.35x1.26x
Big NII (times)
Small NII (times)
RII (times)1.64x1.31x
Employee (times)
Other (times)
Total (times)2.00x1.29x