Comparison between AIK Pipes IPO and Sahara Maritime IPO.
AIK Pipes IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sahara Maritime IPO is a SME Fixed Price proposed to list at BSE SME.
| AIK Pipes IPO | Sahara Maritime IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Sahara Maritime IPO is up to ₹6.53 Cr. The final issue price of AIK Pipes IPO is ₹89.00 per share and of Sahara Maritime IPO is ₹81.00 per share.
| AIK Pipes IPO | Sahara Maritime IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹89.00 per share | ₹81.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 16,03,200 shares | 8,06,400 shares |
| Fresh Issue Size (Amount) | up to ₹14.27 Cr | up to ₹6.53 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 | 8,06,400 shares |
| Issue Size Total (Amount) | up to ₹14.27 Cr | up to ₹6.53 Cr |
AIK Pipes IPO opens on Dec 26, 2023, while Sahara Maritime IPO opens on Dec 18, 2023. The closing date of AIK Pipes IPO and Sahara Maritime IPO is Dec 28, 2023, and Dec 20, 2023, respectively.
| AIK Pipes IPO | Sahara Maritime IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 26, 2023 | Dec 18, 2023 |
| Issue Close | Dec 28, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 29, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Jan 01, 2024 | Dec 22, 2023 |
| Credit of Share (Tentative) | Jan 01, 2024 | Dec 22, 2023 |
| Listing date (Tentative) | Jan 02, 2024 | Dec 26, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AIK Pipes IPO P/E ratio is 21.54, as compared to Sahara Maritime IPO P/E ratio of 15.03.
| AIK Pipes IPO | Sahara Maritime 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.
| Sahara Maritime Limited Financial Information (Restated)Sahara Maritime Limited's revenue increased by 24.07% and profit after tax (PAT) rose by 130.64% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.47 | 72.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.54 | 15.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.63 Cr. | ₹24.87 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.19% | 26.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.90% | 32.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.96 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.13 | ₹5.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.50 | 22.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AIK Pipes IPO Retail Individual Investors (RII) are offered 8,01,600 shares while in Sahara Maritime IPO retail investors are offered 8,01,600 shares. Qualified Institutional Buyers (QIB) are offered in AIK Pipes IPO and in Sahara Maritime IPO.
| AIK Pipes IPO | Sahara Maritime IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 84,800 shares | 43,200 shares |
| QIB | ||
| NII | 8,01,600 shares | 4,03,200 shares |
| RII | 8,01,600 shares | 4,03,200 shares |
| Employee | ||
| Others | ||
| Total | 16,03,200 shares | 8,06,400 shares |
AIK Pipes IPO subscribed 43.57x in total, whereas Sahara Maritime IPO subscribed 22.67x.
| AIK Pipes IPO | Sahara Maritime IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 52.17x | 8.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 30.93x | 36.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.57x | 22.67x |
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