Comparison between Abha Power IPO and Apex Ecotech IPO.
IPO Details
Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Apex Ecotech IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Apex Ecotech IPO is up to ₹24.08 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Apex Ecotech IPO is ₹73.00 per share.
| | Abha Power IPO | Apex Ecotech 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) | ₹75.00 per share | ₹73.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 38,76,800 shares | 32,99,200 shares |
| Fresh Issue Size (Amount) | up to ₹29.08 Cr | up to ₹24.08 Cr |
| OFS Issue Size | 10,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹7.50 Cr | up to ₹0.00 Cr |
| Issue Size Total | 48,76,800 shares | 32,99,200 shares |
| Issue Size Total (Amount) | up to ₹36.58 Cr | up to ₹24.08 Cr |
IPO Timetable
Abha Power IPO opens on Nov 27, 2024, while Apex Ecotech IPO opens on Nov 27, 2024. The closing date of Abha Power IPO and Apex Ecotech IPO is Nov 29, 2024, and Nov 29, 2024, respectively.
| | Abha Power IPO | Apex Ecotech IPO |
|---|
| Anchor Bid Date | | Nov 26, 2024 |
| Issue Open | Nov 27, 2024 | Nov 27, 2024 |
| Issue Close | Nov 29, 2024 | Nov 29, 2024 |
| Basis Of Allotment (Tentative) | Dec 02, 2024 | Dec 02, 2024 |
| Initiation of Refunds (Tentative) | Dec 03, 2024 | Dec 03, 2024 |
| Credit of Share (Tentative) | Dec 03, 2024 | Dec 03, 2024 |
| Listing date (Tentative) | Dec 04, 2024 | Dec 04, 2024 |
| Anchor Lockin End date 1 | | Dec 31, 2024 |
| Anchor Lockin End date 2 | | Mar 01, 2025 |
Financials & KPIs
Abha Power IPO P/E ratio is 28.65, as compared to Apex Ecotech IPO P/E ratio of 10.66.
Shares Offered
In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Apex Ecotech IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered in Abha Power IPO and 6,59,200 shares in Apex Ecotech IPO.
| | Abha Power IPO | Apex Ecotech IPO |
|---|
| Anchor Investor Reservation | | 9,88,800 shares |
| Market Maker Reservation | 2,62,400 shares | 2,00,000 shares |
| QIB | | 6,59,200 shares |
| NII | 24,38,400 shares | 4,96,000 shares |
| RII | 24,38,400 shares | 11,55,200 shares |
| Employee | | |
| Others | | |
| Total | 48,76,800 shares | 32,99,200 shares |
Bids Received (Subscription)
Abha Power IPO subscribed 17.50x in total, whereas Apex Ecotech IPO subscribed 320.08x.
