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Adishakti Loha IPO vs Nidan Laboratories IPO

Comparison between Adishakti Loha IPO and Nidan Laboratories IPO.

IPO Details

Adishakti Loha IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nidan Laboratories IPO is a SME Fixed Price proposed to list at NSE SME.

 Adishakti Loha IPONidan Laboratories IPO
LogoAdishakti Loha IPO LogoNidan Laboratories IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersTurnaround Corporate Advisors Pvt.Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Adishakti Loha IPO is up to ₹1.89 Cr whereas the issue size of the Nidan Laboratories IPO is up to ₹47.50 Cr. The final issue price of Adishakti Loha IPO is ₹11.00 per share and of Nidan Laboratories IPO is ₹125.00 per share.

 Adishakti Loha IPONidan Laboratories IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹11.00 per share₹125.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares1000 shares
Fresh Issue Size17,20,000 shares38,00,000 shares
Fresh Issue Size (Amount)up to ₹1.89 Crup to ₹47.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,20,000 shares38,00,000 shares
Issue Size Total (Amount)up to ₹1.89 Crup to ₹47.50 Cr

IPO Timetable

Adishakti Loha IPO opens on Sep 30, 2021, while Nidan Laboratories IPO opens on Oct 28, 2021. The closing date of Adishakti Loha IPO and Nidan Laboratories IPO is Oct 05, 2021, and Nov 02, 2021, respectively.

 Adishakti Loha IPONidan Laboratories IPO
Anchor Bid Date
Issue OpenSep 30, 2021Oct 28, 2021
Issue CloseOct 05, 2021Nov 02, 2021
Basis Of Allotment (Tentative)Nov 09, 2021
Initiation of Refunds (Tentative)Nov 10, 2021
Credit of Share (Tentative)Nov 11, 2021
Listing date (Tentative)Oct 13, 2021Nov 12, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Adishakti Loha IPO P/E ratio is , as compared to Nidan Laboratories IPO P/E ratio of .

 Adishakti Loha IPONidan Laboratories IPO
Financials
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 93.57 0.46 0.21
Total Revenue 109.49 0.27 NA
Profit After Tax (0.21) 0.19 0.04
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 543.30 524.36 452.07 430.57
Total Revenue 78.45 218.53 221.91 209.72
Profit After Tax 10.87 23.02 7.14 2.23
Promoter Shareholding (Pre-Issue)100.0099.99
Promoter Shareholding (Post-Issue)60.0771.22
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Adishakti Loha IPO Retail Individual Investors (RII) are offered 8,60,000 shares while in Nidan Laboratories IPO retail investors are offered 8,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Adishakti Loha IPO and in Nidan Laboratories IPO.

 Adishakti Loha IPONidan Laboratories IPO
Anchor Investor Reserveration
Market Maker Reserveration1,00,000 shares2,00,000 shares
QIB
NII8,60,000 shares19,00,000 shares
RII8,60,000 shares19,00,000 shares
Employee
Others
Total17,20,000 shares38,00,000 shares

Bids Received (Subscription)

Adishakti Loha IPO subscribed 1.84x in total, whereas Nidan Laboratories IPO subscribed 1.80x.

 Adishakti Loha IPONidan Laboratories IPO
QIB (times)
NII (times)0.81x0.15x
Big NII (times)
Small NII (times)
RII (times)2.87x3.44x
Employee (times)
Other (times)
Total (times)1.84x1.80x