Aeroflex Industries IPO vs Vishnu Prakash R.Punglia IPO

Comparison between Aeroflex Industries IPO and Vishnu Prakash R.Punglia IPO.

IPO Details

Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vishnu Prakash R.Punglia 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 Vishnu Prakash R.Punglia IPO is up to ₹308.61 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Vishnu Prakash R.Punglia IPO is ₹99.00 per share.

 Aeroflex Industries IPOVishnu Prakash R.Punglia IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹94.00 per share
Issue Price (Upper)₹108.00 per share₹99.00 per share
Issue Price (Final)₹108.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹9.00 per share
Market Lot Size130 shares150 shares
Fresh Issue Size1,50,00,000 shares3,12,00,000 shares
Fresh Issue Size (Amount)up to ₹162.00 Crup to ₹308.61 Cr
OFS Issue Size1,75,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹189.00 Crup to ₹0.00 Cr
Issue Size Total3,25,00,000 shares3,12,00,000 shares
Issue Size Total (Amount)up to ₹351.00 Crup to ₹308.61 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Vishnu Prakash R.Punglia IPO opens on Aug 24, 2023. The closing date of Aeroflex Industries IPO and Vishnu Prakash R.Punglia IPO is Aug 24, 2023, and Aug 28, 2023, respectively.

 Aeroflex Industries IPOVishnu Prakash R.Punglia IPO
Anchor Bid DateAug 21, 2023Aug 23, 2023
Issue OpenAug 22, 2023Aug 24, 2023
Issue CloseAug 24, 2023Aug 28, 2023
Basis Of Allotment (Tentative)Aug 29, 2023Aug 31, 2023
Initiation of Refunds (Tentative)Aug 30, 2023Sep 01, 2023
Credit of Share (Tentative)Aug 31, 2023Sep 04, 2023
Listing date (Tentative)Aug 31, 2023Sep 05, 2023
Anchor Lockin End date 1Sep 28, 2023Sep 30, 2023
Anchor Lockin End date 2Nov 27, 2023Nov 29, 2023

Financials & KPIs

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Vishnu Prakash R.Punglia IPO P/E ratio of 13.61.

 Aeroflex Industries IPOVishnu Prakash R.Punglia 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 Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets825.48497.81331.05
Total Income1,171.46787.39487.67
Profit After Tax90.6444.8518.98
NET Worth314.51158.69113.61
Reserves and Surplus219.96130.1185.24
Total Borrowing250.37176.58110.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.0990.45
Promoter Shareholding (Post-Issue)66.9967.81
P/E Ratio40.9113.61
Market Cap₹1396.66 Cr.₹1234.00 Cr.
ROE26.43%
ROCE31.96%33.72%
Debt/Equity0.390.80
EPS₹2.64₹10.41
RoNW26.43%38.31%

Shares Offered

In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in Vishnu Prakash R.Punglia 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 61,80,000 shares in Vishnu Prakash R.Punglia IPO.

 Aeroflex Industries IPOVishnu Prakash R.Punglia IPO
Anchor Investor Reservation95,99,980 shares92,70,000 shares
Market Maker Reservation0 shares
QIB64,00,020 shares61,80,000 shares
NII48,00,000 shares46,35,000 shares
RII1,12,00,000 shares1,08,15,000 shares
Employee0 shares3,00,000 shares
Others
Total3,25,00,000 shares3,12,00,000 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Vishnu Prakash R.Punglia IPO subscribed 87.82x.

 Aeroflex Industries IPOVishnu Prakash R.Punglia IPO
QIB (times)194.73x171.69x
NII (times)126.13x111.03x
Big NII (times)125.80x112.02x
Small NII (times)126.80x109.07x
RII (times)34.41x32.01x
Employee (times)12.97x
Other (times)28.52x
Total (times)97.11x87.82x

Compare with others

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Aeroflex Industries IPO Vs Vishnu Prakash R.Punglia IPO