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.

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 (Final)₹11.00 per share₹125.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
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
Issue OpenSep 30, 2021Oct 28, 2021
Issue CloseOct 05, 2021Nov 02, 2021
Basis Of Allotment (Tentative)Oct 08, 2021Nov 09, 2021
Initiation of Refunds (Tentative)Nov 10, 2021
Credit of Share (Tentative)Nov 11, 2021
Listing date (Tentative)Oct 13, 2021Nov 12, 2021

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

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets6.339.360.05
Total Income11.3810.950.03
Profit After Tax0.00-0.020.02
NET Worth3.002.990.01
Total Borrowing0.000.020.03
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets54.3352.4445.2143.06
Total Income7.8521.8522.1920.97
Profit After Tax1.092.300.710.22
NET Worth14.4213.3311.0310.31
Total Borrowing37.0936.5034.3532.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99%99.99%
Promoter Shareholding (Post-Issue)59.47%71.22%
Market Cap₹5.01 Cr.₹173.75 Cr.

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
Market Maker Reservation1,00,000 shares2,00,000 shares
NII8,60,000 shares19,00,000 shares
RII8,60,000 shares19,00,000 shares
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
NII (times)0.81x0.15x
RII (times)2.87x3.44x
Total (times)1.84x1.80x

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Adishakti Loha IPO Vs Nidan Laboratories IPO