Comparison between AIK Pipes IPO and Shri Balaji Valve Components IPO.
AIK Pipes IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shri Balaji Valve Components IPO is a SME Bookbuilding proposed to list at BSE SME.
| AIK Pipes IPO | Shri Balaji Valve Components IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AIK Pipes IPO is up to ₹14.27 Cr whereas the issue size of the Shri Balaji Valve Components IPO is up to ₹20.46 Cr. The final issue price of AIK Pipes IPO is ₹89.00 per share and of Shri Balaji Valve Components IPO is ₹100.00 per share.
| AIK Pipes IPO | Shri Balaji Valve Components IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹100.00 per share | |
| Issue Price (Final) | ₹89.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 16,03,200 shares | 20,46,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.27 Cr | up to ₹20.46 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 16,03,200 shares | 20,46,000 shares |
| Issue Size Total (Amount) | up to ₹14.27 Cr | up to ₹20.46 Cr |
AIK Pipes IPO opens on Dec 26, 2023, while Shri Balaji Valve Components IPO opens on Dec 27, 2023. The closing date of AIK Pipes IPO and Shri Balaji Valve Components IPO is Dec 28, 2023, and Dec 29, 2023, respectively.
| AIK Pipes IPO | Shri Balaji Valve Components IPO | |
|---|---|---|
| Anchor Bid Date | Dec 26, 2023 | |
| Issue Open | Dec 26, 2023 | Dec 27, 2023 |
| Issue Close | Dec 28, 2023 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Dec 29, 2023 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Jan 01, 2024 | Jan 02, 2024 |
| Credit of Share (Tentative) | Jan 01, 2024 | Jan 02, 2024 |
| Listing date (Tentative) | Jan 02, 2024 | Jan 03, 2024 |
| Anchor Lockin End date 1 | Jan 31, 2024 | |
| Anchor Lockin End date 2 | Mar 31, 2024 |
AIK Pipes IPO P/E ratio is 21.54, as compared to Shri Balaji Valve Components IPO P/E ratio of 9.33.
| AIK Pipes IPO | Shri Balaji Valve Components IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | AIK Pipes And Polymers Limited Financial Information (Restated)AIK Pipes And Polymers Limited's revenue increased by 47.21% and profit after tax (PAT) rose by 113.58% between the financial year ending with March 31, 2023 and March 31, 2022.
| Shri Balaji Valve Component Limited Financial Information (Restated)Shri Balaji Valve Component Limited's revenue increased by 61.14% and profit after tax (PAT) rose by 319.07% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.47 | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.54 | 9.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.63 Cr. | ₹81.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.19% | 136.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.90% | 26.47% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.96 | 3.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.13 | ₹10.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.50 | 81.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AIK Pipes IPO Retail Individual Investors (RII) are offered 8,01,600 shares while in Shri Balaji Valve Components IPO retail investors are offered 8,01,600 shares. Qualified Institutional Buyers (QIB) are offered in AIK Pipes IPO and 4,09,200 shares in Shri Balaji Valve Components IPO.
| AIK Pipes IPO | Shri Balaji Valve Components IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,13,200 shares | |
| Market Maker Reserveration | 84,800 shares | 1,14,000 shares |
| QIB | 4,09,200 shares | |
| NII | 8,01,600 shares | 3,07,200 shares |
| RII | 8,01,600 shares | 7,16,400 shares |
| Employee | ||
| Others | ||
| Total | 16,03,200 shares | 20,46,000 shares |
AIK Pipes IPO subscribed 43.57x in total, whereas Shri Balaji Valve Components IPO subscribed 276.44x.
| AIK Pipes IPO | Shri Balaji Valve Components IPO | |
|---|---|---|
| QIB (times) | 70.04x | |
| NII (times) | 52.17x | 799.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 30.93x | 169.95x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.57x | 276.44x |
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