Aeron Composite IPO vs Rapid Multimodal Logistics IPO

Comparison between Aeron Composite IPO and Rapid Multimodal Logistics IPO.

IPO Details

Aeron Composite IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rapid Multimodal Logistics IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Rapid Multimodal Logistics IPO is up to ₹8.06 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Rapid Multimodal Logistics IPO is ₹84.00 per share.

 Aeron Composite IPORapid Multimodal Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share
Issue Price (Upper)₹125.00 per share
Issue Price (Final)₹125.00 per share₹84.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1000 shares1600 shares
Fresh Issue Size42,60,000 shares9,60,000 shares
Fresh Issue Size (Amount)up to ₹53.25 Crup to ₹8.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total42,60,000 shares9,60,000 shares
Issue Size Total (Amount)up to ₹53.25 Crup to ₹8.06 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Rapid Multimodal Logistics IPO opens on Aug 22, 2024. The closing date of Aeron Composite IPO and Rapid Multimodal Logistics IPO is Aug 30, 2024, and Aug 27, 2024, respectively.

 Aeron Composite IPORapid Multimodal Logistics IPO
Anchor Bid DateAug 27, 2024
Issue OpenAug 28, 2024Aug 22, 2024
Issue CloseAug 30, 2024Aug 27, 2024
Basis Of Allotment (Tentative)Sep 02, 2024Aug 28, 2024
Initiation of Refunds (Tentative)Sep 03, 2024Aug 29, 2024
Credit of Share (Tentative)Sep 03, 2024Aug 29, 2024
Listing date (Tentative)Sep 04, 2024Aug 30, 2024
Anchor Lockin End date 1Oct 02, 2024
Anchor Lockin End date 2Dec 01, 2024

Financials & KPIs

Aeron Composite IPO P/E ratio is 23.69, as compared to Rapid Multimodal Logistics IPO P/E ratio of 13.12.

 Aeron Composite IPORapid Multimodal Logistics IPO
Financials

Company Financials (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets99.7969.1060.6343.60
Total Income180.80181.99109.9379.06
Profit After Tax9.426.613.622.55
NET Worth34.7825.3615.5712.08
Reserves and Surplus33.2223.7914.2710.78
Total Borrowing12.0814.0012.5610.43
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8.406.996.74
Total Income71.8472.9647.74
Profit After Tax1.792.000.95
NET Worth4.723.011.00
Reserves and Surplus1.922.960.95
Total Borrowing2.012.283.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.6373.47
P/E Ratio23.6913.12
Market Cap₹212.75 Cr.₹32.01 Cr.
ROE31.3346.42
ROCE29.6748.98
Debt/Equity0.350.19
EPS₹5.28₹6.40
RoNW27.0938.01

Shares Offered

In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Rapid Multimodal Logistics IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and in Rapid Multimodal Logistics IPO.

 Aeron Composite IPORapid Multimodal Logistics IPO
Anchor Investor Reservation12,14,000 shares
Market Maker Reservation2,28,000 shares51,200 shares
QIB8,10,000 shares
NII6,08,000 shares4,80,000 shares
RII14,18,000 shares4,80,000 shares
Employee2,10,000 shares
Others
Total42,60,000 shares9,60,000 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Rapid Multimodal Logistics IPO subscribed 350.50x.

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