Aeroflex Industries IPO vs Concord Biotech IPO

Comparison between Aeroflex Industries IPO and Concord Biotech IPO.

IPO Details

Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Concord Biotech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the Concord Biotech IPO is up to ₹1,550.52 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Concord Biotech IPO is ₹741.00 per share.

 Aeroflex Industries IPOConcord Biotech IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹102.00 per share₹705.00 per share
Issue Price (Upper)₹108.00 per share₹741.00 per share
Issue Price (Final)₹108.00 per share₹741.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹70.00 per share
Market Lot Size130 shares20 shares
Fresh Issue Size1,50,00,000 shares0 shares
Fresh Issue Size (Amount)up to ₹162.00 Crup to ₹0.00 Cr
OFS Issue Size1,75,00,000 shares2,09,25,652 shares
OFS Issue Size (Amount)up to ₹189.00 Crup to ₹1,550.52 Cr
Issue Size Total3,25,00,000 shares2,09,25,652 shares
Issue Size Total (Amount)up to ₹351.00 Crup to ₹1,550.52 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Concord Biotech IPO opens on Aug 04, 2023. The closing date of Aeroflex Industries IPO and Concord Biotech IPO is Aug 24, 2023, and Aug 08, 2023, respectively.

 Aeroflex Industries IPOConcord Biotech IPO
Anchor Bid DateAug 21, 2023Aug 03, 2023
Issue OpenAug 22, 2023Aug 04, 2023
Issue CloseAug 24, 2023Aug 08, 2023
Basis Of Allotment (Tentative)Aug 29, 2023Aug 11, 2023
Initiation of Refunds (Tentative)Aug 30, 2023Aug 14, 2023
Credit of Share (Tentative)Aug 31, 2023Aug 17, 2023
Listing date (Tentative)Aug 31, 2023Aug 18, 2023
Anchor Lockin End date 1Sep 28, 2023Sep 10, 2023
Anchor Lockin End date 2Nov 27, 2023Nov 09, 2023

Financials & KPIs

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Concord Biotech IPO P/E ratio of 32.29.

 Aeroflex Industries IPOConcord Biotech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets213.98183.44161.64157.19
Total Income269.48240.99144.84144.94
Profit After Tax30.1527.516.014.69
NET Worth114.0986.2258.7252.70
Total Borrowing45.0139.1353.0763.46
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,513.981,312.801,182.55
Total Income888.48736.35630.75
Profit After Tax240.08174.93234.89
NET Worth1,290.001,103.22999.37
Total Borrowing31.2460.5986.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.0944.08
Promoter Shareholding (Post-Issue)66.9944.08
P/E Ratio40.9132.29
Market Cap₹1396.66 Cr.₹7752.06 Cr.
ROE26.43%20.06%
ROCE31.96%24.27%
Debt/Equity0.39
EPS₹2.64₹20.79
RoNW26.43%20%

Shares Offered

In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in Concord Biotech IPO retail investors are offered 1,12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 64,00,020 shares in Aeroflex Industries IPO and 41,83,130 shares in Concord Biotech IPO.

 Aeroflex Industries IPOConcord Biotech IPO
Anchor Investor Reservation95,99,980 shares62,74,695 shares
Market Maker Reservation0 shares
QIB64,00,020 shares41,83,130 shares
NII48,00,000 shares31,37,348 shares
RII1,12,00,000 shares73,20,479 shares
Employee0 shares10,000 shares
Others
Total3,25,00,000 shares2,09,25,652 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Concord Biotech IPO subscribed 24.87x.

 Aeroflex Industries IPOConcord Biotech IPO
QIB (times)194.73x67.67x
NII (times)126.13x16.99x
Big NII (times)125.80x19.30x
Small NII (times)126.80x12.37x
RII (times)34.41x3.78x
Employee (times)24.48x
Other (times)28.52x
Total (times)97.11x24.87x

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