AB Cotspin IPO vs Precision Metaliks IPO

Comparison between AB Cotspin IPO and Precision Metaliks IPO.

IPO Details

AB Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Precision Metaliks IPO is a SME Fixed Price proposed to list at NSE 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 Precision Metaliks IPO is up to ₹20.83 Cr. The final issue price of AB Cotspin IPO is ₹35.00 per share and of Precision Metaliks IPO is ₹51.00 per share.

 AB Cotspin IPOPrecision Metaliks IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹35.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size27,36,000 shares40,84,000 shares
Fresh Issue Size (Amount)up to ₹9.58 Crup to ₹20.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,36,000 shares40,84,000 shares
Issue Size Total (Amount)up to ₹9.58 Crup to ₹20.83 Cr

IPO Timetable

AB Cotspin IPO opens on Dec 30, 2021, while Precision Metaliks IPO opens on Jan 19, 2022. The closing date of AB Cotspin IPO and Precision Metaliks IPO is Jan 03, 2022, and Jan 24, 2022, respectively.

 AB Cotspin IPOPrecision Metaliks IPO
Issue OpenDec 30, 2021Jan 19, 2022
Issue CloseJan 03, 2022Jan 24, 2022
Basis Of Allotment (Tentative)Jan 06, 2022Jan 28, 2022
Initiation of Refunds (Tentative)Jan 07, 2022Jan 31, 2022
Credit of Share (Tentative)Jan 10, 2022Feb 01, 2022
Listing date (Tentative)Jan 11, 2022Feb 01, 2022

Financials & KPIs

AB Cotspin IPO P/E ratio is 2.71, as compared to Precision Metaliks IPO P/E ratio of 19.32.

 AB Cotspin IPOPrecision Metaliks IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets71.8463.7052.7655.05
Total Income30.53115.5794.28121.06
Profit After Tax3.323.880.761.33
EBITDA5.7410.105.677.61
NET Worth25.2221.8317.9517.21
Reserves and Surplus17.6219.1715.2914.55
Total Borrowing38.7636.0829.1133.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets20.2321.4813.673.03
Total Income48.1349.2422.180.05
Profit After Tax2.151.490.820.00
EBITDA2.661.650.880.01
NET Worth17.5115.3610.580.47
Reserves and Surplus5.5514.109.550.42
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)48.5%79.7%
Promoter Shareholding (Post-Issue)34.91%58.62%
P/E Ratio2.7119.32
Market Cap₹36.02 Cr.₹82.92 Cr.
EPS₹14.42
RoNW9.72

Shares Offered

In the AB Cotspin IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Precision Metaliks IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered in AB Cotspin IPO and in Precision Metaliks IPO.

 AB Cotspin IPOPrecision Metaliks IPO
Market Maker Reservation1,48,000 shares2,16,000 shares
NII13,68,000 shares20,42,000 shares
RII13,68,000 shares20,42,000 shares
Total27,36,000 shares40,84,000 shares

Bids Received (Subscription)

AB Cotspin IPO subscribed 13.46x in total, whereas Precision Metaliks IPO subscribed 7.36x.

 AB Cotspin IPOPrecision Metaliks IPO
NII (times)9.45x2.81x
RII (times)17.47x11.90x
Total (times)13.46x7.36x

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