Comparison between AB Cotspin IPO and Ascensive Educare IPO.
IPO Details
AB Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ascensive Educare IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of AB Cotspin IPO is up to ₹9.58 Cr whereas the issue size of the Ascensive Educare IPO is up to ₹2.14 Cr. The final issue price of AB Cotspin IPO is ₹35.00 per share and of Ascensive Educare IPO is ₹26.00 per share.
IPO Timetable
AB Cotspin IPO opens on Dec 30, 2021, while Ascensive Educare IPO opens on Dec 30, 2021. The closing date of AB Cotspin IPO and Ascensive Educare IPO is Jan 03, 2022, and Jan 04, 2022, respectively.
| | AB Cotspin IPO | Ascensive Educare IPO |
|---|
| Issue Open | Dec 30, 2021 | Dec 30, 2021 |
| Issue Close | Jan 03, 2022 | Jan 04, 2022 |
| Basis Of Allotment (Tentative) | Jan 06, 2022 | Jan 07, 2022 |
| Initiation of Refunds (Tentative) | Jan 07, 2022 | Jan 10, 2022 |
| Credit of Share (Tentative) | Jan 10, 2022 | Jan 11, 2022 |
| Listing date (Tentative) | Jan 11, 2022 | Jan 12, 2022 |
Financials & KPIs
AB Cotspin IPO P/E ratio is 2.71, as compared to Ascensive Educare IPO P/E ratio of 18.98.
Shares Offered
In the AB Cotspin IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Ascensive Educare IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered in AB Cotspin IPO and in Ascensive Educare IPO.
| | AB Cotspin IPO | Ascensive Educare IPO |
|---|
| Market Maker Reservation | 1,48,000 shares | 44,000 shares |
| NII | 13,68,000 shares | 4,12,000 shares |
| RII | 13,68,000 shares | 4,12,000 shares |
| Total | 27,36,000 shares | 8,24,000 shares |
Bids Received (Subscription)
AB Cotspin IPO subscribed 13.46x in total, whereas Ascensive Educare IPO subscribed 2.67x.
