Aeroflex Industries IPO vs TVS Supply Chain Solutions IPO

Comparison between Aeroflex Industries IPO and TVS Supply Chain Solutions IPO.

IPO Details

Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TVS Supply Chain Solutions 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 TVS Supply Chain Solutions IPO is up to ₹880.00 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of TVS Supply Chain Solutions IPO is ₹197.00 per share.

 Aeroflex Industries IPOTVS Supply Chain Solutions IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹102.00 per share₹187.00 per share
Issue Price (Upper)₹108.00 per share₹197.00 per share
Issue Price (Final)₹108.00 per share₹197.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size130 shares76 shares
Fresh Issue Size1,50,00,000 shares3,04,56,852 shares
Fresh Issue Size (Amount)up to ₹162.00 Crup to ₹600.00 Cr
OFS Issue Size1,75,00,000 shares1,42,13,198 shares
OFS Issue Size (Amount)up to ₹189.00 Crup to ₹280.00 Cr
Issue Size Total3,25,00,000 shares4,46,70,050 shares
Issue Size Total (Amount)up to ₹351.00 Crup to ₹880.00 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while TVS Supply Chain Solutions IPO opens on Aug 10, 2023. The closing date of Aeroflex Industries IPO and TVS Supply Chain Solutions IPO is Aug 24, 2023, and Aug 14, 2023, respectively.

 Aeroflex Industries IPOTVS Supply Chain Solutions IPO
Anchor Bid DateAug 21, 2023Aug 09, 2023
Issue OpenAug 22, 2023Aug 10, 2023
Issue CloseAug 24, 2023Aug 14, 2023
Basis Of Allotment (Tentative)Aug 29, 2023Aug 18, 2023
Initiation of Refunds (Tentative)Aug 30, 2023Aug 21, 2023
Credit of Share (Tentative)Aug 31, 2023Aug 22, 2023
Listing date (Tentative)Aug 31, 2023Aug 23, 2023
Anchor Lockin End date 1Sep 28, 2023Sep 17, 2023
Anchor Lockin End date 2Nov 27, 2023Nov 16, 2023

Financials & KPIs

Aeroflex Industries IPO P/E ratio is 40.91, as compared to TVS Supply Chain Solutions IPO P/E ratio of 189.42.

 Aeroflex Industries IPOTVS Supply Chain Solutions 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 202131 Mar 2020
Assets6,210.925,789.734,990.065,462.92
Total Income10,311.019,299.946,999.696,792.76
Profit After Tax41.76-45.80-76.34-248.00
NET Worth723.55714.00490.69510.80
Reserves and Surplus774.19713.76473.94493.35
Total Borrowing1,989.621,763.781,547.922,160.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.0946.65
Promoter Shareholding (Post-Issue)66.9941.6
P/E Ratio40.91189.42
Market Cap₹1396.66 Cr.₹8746.00 Cr.
ROE26.43%5.50%
ROCE31.96%7.64%
Debt/Equity0.39
EPS₹2.64₹1.04
RoNW26.43%5.50%

Shares Offered

In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in TVS Supply Chain Solutions 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 1,34,01,016 shares in TVS Supply Chain Solutions IPO.

 Aeroflex Industries IPOTVS Supply Chain Solutions IPO
Anchor Investor Reservation95,99,980 shares2,01,01,522 shares
Market Maker Reservation0 shares
QIB64,00,020 shares1,34,01,016 shares
NII48,00,000 shares67,00,507 shares
RII1,12,00,000 shares44,67,005 shares
Employee0 shares
Others
Total3,25,00,000 shares4,46,70,050 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas TVS Supply Chain Solutions IPO subscribed 2.85x.

 Aeroflex Industries IPOTVS Supply Chain Solutions IPO
QIB (times)194.73x1.37x
NII (times)126.13x2.44x
Big NII (times)125.80x2.39x
Small NII (times)126.80x2.55x
RII (times)34.41x7.89x
Employee (times)
Other (times)28.52x
Total (times)97.11x2.85x

Compare with others

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Aeroflex Industries IPO Vs TVS Supply Chain Solutions IPO