Comparison between AIK Pipes IPO and Shri Balaji Valve Components IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
Financials & KPIs
AIK Pipes IPO P/E ratio is 21.54, as compared to Shri Balaji Valve Components IPO P/E ratio of 9.33.
Shares Offered
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 Reservation | | 6,13,200 shares |
| Market Maker Reservation | 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 |
| Total | 16,03,200 shares | 20,46,000 shares |
Bids Received (Subscription)
AIK Pipes IPO subscribed 41.55x in total, whereas Shri Balaji Valve Components IPO subscribed 193.59x.
