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Aartech Solonics IPO vs Ritco Logistics IPO

Comparison between Aartech Solonics IPO and Ritco Logistics IPO.

IPO Details

Aartech Solonics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.

 Aartech Solonics IPORitco Logistics IPO
LogoAartech Solonics IPO LogoRitco Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSwastika Investmart 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 Aartech Solonics IPO is up to ₹6.83 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹45.74 Cr. The final issue price of Aartech Solonics IPO is ₹34.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

 Aartech Solonics IPORitco Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹73.00 per share
Issue Price (Final)₹34.00 per share₹73.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1600 shares
Fresh Issue Size20,08,000 shares46,65,600 shares
Fresh Issue Size (Amount)up to ₹6.83 Crup to ₹34.06 Cr
OFS Issue Size0 shares16,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.68 Cr
Issue Size Total20,08,000 shares62,65,600 shares
Issue Size Total (Amount)up to ₹6.83 Crup to ₹45.74 Cr

IPO Timetable

Aartech Solonics IPO opens on Mar 12, 2019, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Aartech Solonics IPO and Ritco Logistics IPO is Mar 18, 2019, and Jan 30, 2019, respectively.

 Aartech Solonics IPORitco Logistics IPO
Anchor Bid Date
Issue OpenMar 12, 2019Jan 28, 2019
Issue CloseMar 18, 2019Jan 30, 2019
Basis Of Allotment (Tentative)Mar 22, 2019Feb 04, 2019
Initiation of Refunds (Tentative)Mar 25, 2019Feb 05, 2019
Credit of Share (Tentative)Mar 25, 2019Feb 06, 2019
Listing date (Tentative)Mar 27, 2019Feb 07, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aartech Solonics IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .

 Aartech Solonics IPORitco Logistics 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)

Ritco Logistics financial Information (Restated)

Particulars For the year/period ended (in Rs. Lakhs)
30-Sept-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 17,894.47 15,403.43 9,707.73 8,989.98
Total Revenue 20,860.31 34,391.49 32,896.06 31,416.47
Profit After Tax 621.18 1,027.95 381.83 143.67
Promoter Shareholding (Pre-Issue)74.8578.44
Promoter Shareholding (Post-Issue)52.3855.88
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 Ritco Logistics IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Aartech Solonics IPO and in Ritco Logistics IPO.

 Aartech Solonics IPORitco Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration1,12,000 shares3,34,400 shares
QIB
NII10,04,000 shares31,32,800 shares
RII10,04,000 shares31,32,800 shares
Employee
Others
Total20,08,000 shares62,65,600 shares

Bids Received (Subscription)

Aartech Solonics IPO subscribed 2.00x in total, whereas Ritco Logistics IPO subscribed 1.39x.

 Aartech Solonics IPORitco Logistics IPO
QIB (times)
NII (times)2.35x1.82x
Big NII (times)
Small NII (times)
RII (times)1.64x0.96x
Employee (times)
Other (times)
Total (times)2.00x1.39x