Comparison between Adishakti Loha IPO and Suyog Gurbaxani Funicular IPO.
Adishakti Loha IPO is a SME Fixed Price IPO proposed to list at BSE SME while Suyog Gurbaxani Funicular IPO is a SME Fixed Price proposed to list at BSE SME.
| Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Turnaround Corporate Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Adishakti Loha IPO is up to ₹1.89 Cr whereas the issue size of the Suyog Gurbaxani Funicular IPO is up to ₹28.00 Cr. The final issue price of Adishakti Loha IPO is ₹11.00 per share and of Suyog Gurbaxani Funicular IPO is ₹45.00 per share.
| Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹11.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 3000 shares |
| Fresh Issue Size | 17,20,000 shares | 11,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.89 Cr | up to ₹5.25 Cr |
| OFS Issue Size | 0 shares | 50,55,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹22.75 Cr |
| Issue Size Total | 17,20,000 shares | 62,22,000 shares |
| Issue Size Total (Amount) | up to ₹1.89 Cr | up to ₹28.00 Cr |
Adishakti Loha IPO opens on Sep 30, 2021, while Suyog Gurbaxani Funicular IPO opens on Nov 01, 2021. The closing date of Adishakti Loha IPO and Suyog Gurbaxani Funicular IPO is Oct 05, 2021, and Nov 08, 2021, respectively.
| Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2021 | Nov 01, 2021 |
| Issue Close | Oct 05, 2021 | Nov 08, 2021 |
| Basis Of Allotment (Tentative) | Nov 11, 2021 | |
| Initiation of Refunds (Tentative) | Nov 12, 2021 | |
| Credit of Share (Tentative) | Nov 15, 2021 | |
| Listing date (Tentative) | Oct 13, 2021 | Nov 16, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Adishakti Loha IPO P/E ratio is , as compared to Suyog Gurbaxani Funicular IPO P/E ratio of .
| Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 90.57 | ||||
| Promoter Shareholding (Post-Issue) | 60.07 | 64.78 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹5.01 Cr. | ₹111.88 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Adishakti Loha IPO Retail Individual Investors (RII) are offered 8,60,000 shares while in Suyog Gurbaxani Funicular IPO retail investors are offered 8,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Adishakti Loha IPO and in Suyog Gurbaxani Funicular IPO.
| Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,00,000 shares | 3,33,000 shares |
| QIB | ||
| NII | 8,60,000 shares | 31,11,000 shares |
| RII | 8,60,000 shares | 31,11,000 shares |
| Employee | ||
| Others | ||
| Total | 17,20,000 shares | 62,22,000 shares |
Adishakti Loha IPO subscribed 1.84x in total, whereas Suyog Gurbaxani Funicular IPO subscribed 1.27x.
| Adishakti Loha IPO | Suyog Gurbaxani Funicular IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.81x | 1.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.87x | 0.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.84x | 1.27x |
