Comparison between AIK Pipes IPO and Supreme Power Equipment IPO.
AIK Pipes IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Supreme Power Equipment IPO is a SME Bookbuilding proposed to list at NSE SME.
| AIK Pipes IPO | Supreme Power Equipment IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Share India Securities 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 Supreme Power Equipment IPO is up to ₹40.61 Cr. The final issue price of AIK Pipes IPO is ₹89.00 per share and of Supreme Power Equipment IPO is ₹65.00 per share.
| AIK Pipes IPO | Supreme Power Equipment IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹61.00 per share | |
| Issue Price (Upper) | ₹65.00 per share | |
| Issue Price (Final) | ₹89.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 16,03,200 shares | 62,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.27 Cr | up to ₹40.61 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 | 62,48,000 shares |
| Issue Size Total (Amount) | up to ₹14.27 Cr | up to ₹40.61 Cr |
AIK Pipes IPO opens on Dec 26, 2023, while Supreme Power Equipment IPO opens on Dec 21, 2023. The closing date of AIK Pipes IPO and Supreme Power Equipment IPO is Dec 28, 2023, and Dec 26, 2023, respectively.
| AIK Pipes IPO | Supreme Power Equipment IPO | |
|---|---|---|
| Anchor Bid Date | Dec 20, 2023 | |
| Issue Open | Dec 26, 2023 | Dec 21, 2023 |
| Issue Close | Dec 28, 2023 | Dec 26, 2023 |
| Basis Of Allotment (Tentative) | Dec 29, 2023 | Dec 27, 2023 |
| Initiation of Refunds (Tentative) | Jan 01, 2024 | Dec 28, 2023 |
| Credit of Share (Tentative) | Jan 01, 2024 | Dec 28, 2023 |
| Listing date (Tentative) | Jan 02, 2024 | Dec 29, 2023 |
| Anchor Lockin End date 1 | Jan 26, 2024 | |
| Anchor Lockin End date 2 | Mar 26, 2024 |
AIK Pipes IPO P/E ratio is 21.54, as compared to Supreme Power Equipment IPO P/E ratio of 10.69.
| AIK Pipes IPO | Supreme Power Equipment 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.
| Supreme Power Equipment Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 79.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.47 | 57.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.54 | 10.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.63 Cr. | ₹162.44 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.19% | 59.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.90% | 83.01% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.96 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.13 | ₹6.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.50 | 59.88% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AIK Pipes IPO Retail Individual Investors (RII) are offered 8,01,600 shares while in Supreme Power Equipment IPO retail investors are offered 8,01,600 shares. Qualified Institutional Buyers (QIB) are offered in AIK Pipes IPO and 12,50,000 shares in Supreme Power Equipment IPO.
| AIK Pipes IPO | Supreme Power Equipment IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,70,000 shares | |
| Market Maker Reserveration | 84,800 shares | 9,32,000 shares |
| QIB | 12,50,000 shares | |
| NII | 8,01,600 shares | 9,40,000 shares |
| RII | 8,01,600 shares | 21,88,000 shares |
| Employee | ||
| Others | ||
| Total | 16,03,200 shares | 62,48,000 shares |
AIK Pipes IPO subscribed 43.57x in total, whereas Supreme Power Equipment IPO subscribed 262.60x.
| AIK Pipes IPO | Supreme Power Equipment IPO | |
|---|---|---|
| QIB (times) | 88.98x | |
| NII (times) | 52.17x | 489.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 30.93x | 264.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.57x | 262.60x |
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