Comparison between Aartech Solonics IPO and Kranti Industries IPO.
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 IPO | Kranti Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Novus Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Swastika Investmart Ltd. | SMC Global Securities 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 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 IPO | Kranti 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 Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 20,08,000 shares | 16,35,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.83 Cr | up to ₹6.05 Cr |
| OFS Issue Size | 0 shares | 5,67,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.10 Cr |
| Issue Size Total | 20,08,000 shares | 22,02,000 shares |
| Issue Size Total (Amount) | up to ₹6.83 Cr | up to ₹8.15 Cr |
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 IPO | Kranti Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 12, 2019 | Feb 14, 2019 |
| Issue Close | Mar 18, 2019 | Feb 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, 2019 | Feb 28, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aartech Solonics IPO P/E ratio is , as compared to Kranti Industries IPO P/E ratio of .
| Aartech Solonics IPO | Kranti Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 74.85 | 68.18 | ||||
| Promoter Shareholding (Post-Issue) | 52.38 | 54.61 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹24.00 Cr. | ₹32.57 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Kranti Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,12,000 shares | 1,17,000 shares |
| QIB | ||
| NII | 10,04,000 shares | 11,01,000 shares |
| RII | 10,04,000 shares | 11,01,000 shares |
| Employee | ||
| Others | ||
| Total | 20,08,000 shares | 22,02,000 shares |
Aartech Solonics IPO subscribed 2.00x in total, whereas Kranti Industries IPO subscribed 1.29x.
| Aartech Solonics IPO | Kranti Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.35x | 1.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.64x | 1.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.00x | 1.29x |
