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.

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
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
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

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

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)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets178.94154.0397.0889.90
Total Income208.60343.91328.96314.16
Profit After Tax6.2110.283.821.44
EBITDA24.7329.0214.519.45
NET Worth54.1647.9537.6733.85
Reserves and Surplus34.6828.4724.2320.41
Total Borrowing116.6295.8452.8152.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.85%100%
Promoter Shareholding (Post-Issue)52.38%73.03%
Market Cap₹24.00 Cr.₹178.68 Cr.

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
Market Maker Reservation1,12,000 shares3,34,400 shares
NII10,04,000 shares31,32,800 shares
RII10,04,000 shares31,32,800 shares
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
NII (times)2.35x1.82x
RII (times)1.64x0.96x
Total (times)2.00x1.39x

Compare with others

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Aartech Solonics IPO Vs Ritco Logistics IPO