Ahlada Engineers IPO vs Synergy Green Industries IPO

Comparison between Ahlada Engineers IPO and Synergy Green Industries IPO.

IPO Details

Ahlada Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Synergy Green Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ahlada Engineers IPO is up to ₹48.51 Cr whereas the issue size of the Synergy Green Industries IPO is up to ₹25.12 Cr. The final issue price of Ahlada Engineers IPO is ₹150.00 per share and of Synergy Green Industries IPO is ₹70.00 per share.

 Ahlada Engineers IPOSynergy Green Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹147.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹150.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size32,34,000 shares35,88,000 shares
Fresh Issue Size (Amount)up to ₹48.51 Crup to ₹25.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,34,000 shares35,88,000 shares
Issue Size Total (Amount)up to ₹48.51 Crup to ₹25.12 Cr

IPO Timetable

Ahlada Engineers IPO opens on Sep 11, 2018, while Synergy Green Industries IPO opens on Sep 04, 2018. The closing date of Ahlada Engineers IPO and Synergy Green Industries IPO is Sep 18, 2018, and Sep 11, 2018, respectively.

 Ahlada Engineers IPOSynergy Green Industries IPO
Issue OpenSep 11, 2018Sep 04, 2018
Issue CloseSep 18, 2018Sep 11, 2018
Basis Of Allotment (Tentative)Sep 24, 2018Sep 17, 2018
Initiation of Refunds (Tentative)Sep 25, 2018
Credit of Share (Tentative)Sep 25, 2018
Listing date (Tentative)Oct 27, 2018Sep 21, 2018

Financials & KPIs

Ahlada Engineers IPO P/E ratio is , as compared to Synergy Green Industries IPO P/E ratio of .

 Ahlada Engineers IPOSynergy Green Industries IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets145.6297.8683.87
Total Income127.89118.55111.47
Profit After Tax8.093.273.06
NET Worth36.4028.4025.24
Reserves and Surplus27.7224.0120.74
Total Borrowing47.1530.4923.12
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets108.3691.7982.53
Total Income103.13120.6782.60
Profit After Tax4.664.861.55
NET Worth8.97-0.70-5.56
Reserves and Surplus-12.09-18.51-23.37
Total Borrowing36.3142.5045.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)68.38%98.97%
Promoter Shareholding (Post-Issue)50.36%72.49%
Market Cap₹193.82 Cr.₹98.91 Cr.

Shares Offered

In the Ahlada Engineers IPO Retail Individual Investors (RII) are offered 11,32,000 shares while in Synergy Green Industries IPO retail investors are offered 11,32,000 shares. Qualified Institutional Buyers (QIB) are offered 12,94,000 shares in Ahlada Engineers IPO and 0 shares in Synergy Green Industries IPO.

 Ahlada Engineers IPOSynergy Green Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,71,000 shares1,92,000 shares
QIB12,94,000 shares0 shares
NII8,08,000 shares17,94,000 shares
RII11,32,000 shares17,94,000 shares
Employee0 shares0 shares
Total32,34,000 shares35,88,000 shares

Bids Received (Subscription)

Ahlada Engineers IPO subscribed 2.35x in total, whereas Synergy Green Industries IPO subscribed 1.13x.

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Ahlada Engineers IPO Vs Synergy Green Industries IPO