Aditya Vision IPO vs Art Nirman IPO

Comparison between Aditya Vision IPO and Art Nirman IPO.

IPO Details

Aditya Vision IPO is a SME Fixed Price IPO proposed to list at BSE SME while Art Nirman IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Aditya Vision IPO is up to ₹5.45 Cr whereas the issue size of the Art Nirman IPO is up to ₹4.76 Cr. The final issue price of Aditya Vision IPO is ₹15.00 per share and of Art Nirman IPO is ₹25.00 per share.

 Aditya Vision IPOArt Nirman IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹15.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares6000 shares
Fresh Issue Size36,32,000 shares19,02,000 shares
Fresh Issue Size (Amount)up to ₹5.45 Crup to ₹4.76 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,32,000 shares19,02,000 shares
Issue Size Total (Amount)up to ₹5.45 Crup to ₹4.76 Cr

IPO Timetable

Aditya Vision IPO opens on Nov 28, 2016, while Art Nirman IPO opens on Sep 30, 2016. The closing date of Aditya Vision IPO and Art Nirman IPO is Dec 05, 2016, and Oct 07, 2016, respectively.

 Aditya Vision IPOArt Nirman IPO
Issue OpenNov 28, 2016Sep 30, 2016
Issue CloseDec 05, 2016Oct 07, 2016
Basis Of Allotment (Tentative)Dec 08, 2016Oct 14, 2016
Listing date (Tentative)Dec 12, 2016Oct 19, 2016

Financials & KPIs

Aditya Vision IPO P/E ratio is , as compared to Art Nirman IPO P/E ratio of .

 Aditya Vision IPOArt Nirman IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201631 Mar 201631 Mar 201531 Mar 2014
Assets37.7538.8333.9725.70
Total Income113.11240.71179.18124.62
Profit After Tax0.541.181.130.73
NET Worth10.9210.388.277.14
Reserves and Surplus0.650.115.774.64
Total Borrowing13.898.8712.759.04
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets18.1924.1112.10
Total Income25.640.010.01
Profit After Tax0.470.020.02
NET Worth4.500.040.02
Reserves and Surplus0.500.030.01
Total Borrowing2.056.945.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.84%99.91%
Promoter Shareholding (Post-Issue)55.93%73.58%
Market Cap₹21.17 Cr.₹19.01 Cr.

Shares Offered

In the Aditya Vision IPO Retail Individual Investors (RII) are offered 18,16,000 shares while in Art Nirman IPO retail investors are offered 18,16,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Aditya Vision IPO and 0 shares in Art Nirman IPO.

 Aditya Vision IPOArt Nirman IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,08,000 shares1,02,000 shares
QIB0 shares0 shares
NII18,16,000 shares9,48,000 shares
RII18,16,000 shares9,54,000 shares
Employee0 shares0 shares
Total36,32,000 shares19,02,000 shares

Bids Received (Subscription)

Aditya Vision IPO subscribed 1.14x in total, whereas Art Nirman IPO subscribed 1.66x.

 Aditya Vision IPOArt Nirman IPO
NII (times)1.51x2.38x
RII (times)0.77x0.95x
Total (times)1.14x1.66x

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Aditya Vision IPO Vs Art Nirman IPO