Aeroflex Industries IPO vs SBFC Finance IPO

Comparison between Aeroflex Industries IPO and SBFC Finance IPO.

IPO Details

Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SBFC Finance 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 SBFC Finance IPO is up to ₹1,025.00 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of SBFC Finance IPO is ₹57.00 per share.

 Aeroflex Industries IPOSBFC Finance IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹54.00 per share
Issue Price (Upper)₹108.00 per share₹57.00 per share
Issue Price (Final)₹108.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹2.00 per share
Market Lot Size130 shares260 shares
Fresh Issue Size1,50,00,000 shares10,53,01,883 shares
Fresh Issue Size (Amount)up to ₹162.00 Crup to ₹600.09 Cr
OFS Issue Size1,75,00,000 shares7,45,61,402 shares
OFS Issue Size (Amount)up to ₹189.00 Crup to ₹424.91 Cr
Issue Size Total3,25,00,000 shares17,98,63,285 shares
Issue Size Total (Amount)up to ₹351.00 Crup to ₹1,025.00 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while SBFC Finance IPO opens on Aug 03, 2023. The closing date of Aeroflex Industries IPO and SBFC Finance IPO is Aug 24, 2023, and Aug 07, 2023, respectively.

 Aeroflex Industries IPOSBFC Finance IPO
Anchor Bid DateAug 21, 2023Aug 02, 2023
Issue OpenAug 22, 2023Aug 03, 2023
Issue CloseAug 24, 2023Aug 07, 2023
Basis Of Allotment (Tentative)Aug 29, 2023Aug 10, 2023
Initiation of Refunds (Tentative)Aug 30, 2023Aug 11, 2023
Credit of Share (Tentative)Aug 31, 2023Aug 14, 2023
Listing date (Tentative)Aug 31, 2023Aug 16, 2023
Anchor Lockin End date 1Sep 28, 2023Sep 09, 2023
Anchor Lockin End date 2Nov 27, 2023Nov 08, 2023

Financials & KPIs

Aeroflex Industries IPO P/E ratio is 40.91, as compared to SBFC Finance IPO P/E ratio of 40.42.

 Aeroflex Industries IPOSBFC Finance 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)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets5,746.444,515.034,231.194,207.99
Total Income740.36530.70511.53444.85
Profit After Tax149.7464.5285.0135.50
NET Worth1,466.881,026.78944.72752.09
Total Borrowing3,745.832,948.822,772.553,056.38
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.0978.83
Promoter Shareholding (Post-Issue)66.9964.03
P/E Ratio40.9140.42
Market Cap₹1396.66 Cr.₹6065.78 Cr.
ROE26.43%9.93%
ROCE31.96%
Debt/Equity0.392.20
EPS₹2.64₹1.25
RoNW26.43%7.97%

Shares Offered

In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in SBFC Finance 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 3,56,05,263 shares in SBFC Finance IPO.

 Aeroflex Industries IPOSBFC Finance IPO
Anchor Investor Reservation95,99,980 shares5,34,07,893 shares
Market Maker Reservation0 shares
QIB64,00,020 shares3,56,05,263 shares
NII48,00,000 shares2,67,03,948 shares
RII1,12,00,000 shares6,23,09,210 shares
Employee0 shares18,63,636 shares
Others
Total3,25,00,000 shares17,98,89,950 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas SBFC Finance IPO subscribed 74.06x.

 Aeroflex Industries IPOSBFC Finance IPO
QIB (times)194.73x203.61x
NII (times)126.13x51.82x
Big NII (times)125.80x56.69x
Small NII (times)126.80x42.07x
RII (times)34.41x11.60x
Employee (times)6.21x
Other (times)28.52x
Total (times)97.11x74.06x

Compare with others

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Aeroflex Industries IPO Vs SBFC Finance IPO