Comparison between Aditya Ultra Steel IPO and Innomet Advanced Materials IPO.
Aditya Ultra Steel IPO is a SME Fixed Price IPO proposed to list at NSE SME while Innomet Advanced Materials IPO is a SME Fixed Price proposed to list at NSE SME.
| Aditya Ultra Steel IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aditya Ultra Steel IPO is up to ₹43.59 Cr whereas the issue size of the Innomet Advanced Materials IPO is up to ₹32.52 Cr. The final issue price of Aditya Ultra Steel IPO is ₹62.00 per share and of Innomet Advanced Materials IPO is ₹100.00 per share.
| Aditya Ultra Steel IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | |
| Issue Price (Upper) | ₹62.00 per share | |
| Issue Price (Final) | ₹62.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 70,30,000 shares | 32,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹43.59 Cr | up to ₹32.52 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 | 70,30,000 shares | 32,52,000 shares |
| Issue Size Total (Amount) | up to ₹43.59 Cr | up to ₹32.52 Cr |
Aditya Ultra Steel IPO opens on Sep 09, 2024, while Innomet Advanced Materials IPO opens on Sep 11, 2024. The closing date of Aditya Ultra Steel IPO and Innomet Advanced Materials IPO is Sep 11, 2024, and Sep 13, 2024, respectively.
| Aditya Ultra Steel IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2024 | Sep 11, 2024 |
| Issue Close | Sep 11, 2024 | Sep 13, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 16, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 17, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 17, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 18, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aditya Ultra Steel IPO P/E ratio is 13.64, as compared to Innomet Advanced Materials IPO P/E ratio of 37.78.
| Aditya Ultra Steel IPO | Innomet Advanced Materials IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aditya Ultra Steel Limited Financial Information (Restated)Aditya Ultra Steel Limited's revenue increased by 11% and profit after tax (PAT) rose by 185% between the financial year ending with March 31, 2024 and March 31, 2023.
| Innomet Advanced Materials Limited Financial Information (Restated)Innomet Advanced Materials Limited's revenue increased by 9% and profit after tax (PAT) dropped by -22% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 97.94 | 74.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.76 | 54.80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.64 | 37.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹153.98 Cr. | ₹129.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.92% | 21.37% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.75% | 16.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.44 | 1.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.54 | ₹2.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.08% | 17.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aditya Ultra Steel IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Innomet Advanced Materials IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 35,12,000 shares in Aditya Ultra Steel IPO and in Innomet Advanced Materials IPO.
| Aditya Ultra Steel IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,70,000 shares | 1,71,600 shares |
| QIB | 35,12,000 shares | |
| NII | 10,56,000 shares | 16,26,000 shares |
| RII | 24,62,000 shares | 16,26,000 shares |
| Employee | ||
| Others | ||
| Total | 70,30,000 shares | 32,52,000 shares |
Aditya Ultra Steel IPO subscribed 10.58x in total, whereas Innomet Advanced Materials IPO subscribed 323.92x.
| Aditya Ultra Steel IPO | Innomet Advanced Materials IPO | |
|---|---|---|
| QIB (times) | 1.21x | |
| NII (times) | 12.16x | 367.77x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.26x | 226.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 10.58x | 323.92x |
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