Comparison between Ace Tours Worldwide IPO and Subh Tex IPO.
Ace Tours Worldwide IPO is a SME Fixed Price IPO proposed to list at BSE SME while Subh Tex IPO is a SME Fixed Price proposed to list at BSE SME.
| Ace Tours Worldwide IPO | Subh Tex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Corporate Strategic Allianz Ltd. | Basan Financial Services Ltd. |
| Registrar | Satellite Corporate Services Pvt.Ltd. | Sharepro Services Pvt.Ltd. |
| Market Maker | Shah Investors Home Ltd. | Basan Equity Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Ace Tours Worldwide IPO is up to ₹7.55 Cr whereas the issue size of the Subh Tex IPO is up to ₹3.32 Cr. The final issue price of Ace Tours Worldwide IPO is ₹16.00 per share and of Subh Tex IPO is ₹10.00 per share.
| Ace Tours Worldwide IPO | Subh Tex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹16.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 8000 shares | 10000 shares |
| Fresh Issue Size | 47,20,000 shares | 33,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.55 Cr | up to ₹3.32 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,20,000 shares | 33,20,000 shares |
| Issue Size Total (Amount) | up to ₹7.55 Cr | up to ₹3.32 Cr |
Ace Tours Worldwide IPO opens on Sep 09, 2013, while Subh Tex IPO opens on Sep 30, 2013. The closing date of Ace Tours Worldwide IPO and Subh Tex IPO is Sep 12, 2013, and Oct 07, 2013, respectively.
| Ace Tours Worldwide IPO | Subh Tex IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2013 | Sep 30, 2013 |
| Issue Close | Sep 12, 2013 | Oct 07, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 26, 2013 | Oct 22, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ace Tours Worldwide IPO P/E ratio is , as compared to Subh Tex IPO P/E ratio of .
| Ace Tours Worldwide IPO | Subh Tex IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 75.45 | 0.5733 | ||||
| Promoter Shareholding (Post-Issue) | 45.68 | 0.3909 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹20.27 Cr. | ₹11.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 1.69 | 0.83 |
In the Ace Tours Worldwide IPO Retail Individual Investors (RII) are offered 23,60,000 shares while in Subh Tex IPO retail investors are offered 23,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Ace Tours Worldwide IPO and in Subh Tex IPO.
| Ace Tours Worldwide IPO | Subh Tex IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,80,000 shares | 1,80,000 shares |
| QIB | ||
| NII | 23,60,000 shares | 16,60,000 shares |
| RII | 23,60,000 shares | 16,60,000 shares |
| Employee | ||
| Others | ||
| Total | 47,20,000 shares | 33,20,000 shares |
Ace Tours Worldwide IPO subscribed 1.09x in total, whereas Subh Tex IPO subscribed 1.25x.
| Ace Tours Worldwide IPO | Subh Tex IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.70x | 1.03x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.48x | 1.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.09x | 1.25x |
