Airan IPO vs Chemcrux Enterprises IPO

Comparison between Airan IPO and Chemcrux Enterprises IPO.

IPO Details

Airan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Chemcrux Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Airan IPO is up to ₹14.09 Cr whereas the issue size of the Chemcrux Enterprises IPO is up to ₹2.28 Cr. The final issue price of Airan IPO is ₹45.00 per share and of Chemcrux Enterprises IPO is ₹18.00 per share.

 Airan IPOChemcrux Enterprises IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares8000 shares
Fresh Issue Size31,32,000 shares12,64,000 shares
Fresh Issue Size (Amount)up to ₹14.09 Crup to ₹2.28 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,000 shares12,64,000 shares
Issue Size Total (Amount)up to ₹14.09 Crup to ₹2.28 Cr

IPO Timetable

Airan IPO opens on Mar 14, 2017, while Chemcrux Enterprises IPO opens on Mar 15, 2017. The closing date of Airan IPO and Chemcrux Enterprises IPO is Mar 16, 2017, and Mar 20, 2017, respectively.

 Airan IPOChemcrux Enterprises IPO
Issue OpenMar 14, 2017Mar 15, 2017
Issue CloseMar 16, 2017Mar 20, 2017
Basis Of Allotment (Tentative)Mar 21, 2017Mar 23, 2017
Listing date (Tentative)Mar 24, 2017Mar 28, 2017

Financials & KPIs

Airan IPO P/E ratio is , as compared to Chemcrux Enterprises IPO P/E ratio of .

 Airan IPOChemcrux Enterprises IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Oct 201631 Mar 201631 Mar 201531 Mar 2014
Assets37.1730.5329.8022.87
Total Income17.4126.8819.5814.57
Profit After Tax1.291.450.810.86
NET Worth20.1518.8617.4116.72
Reserves and Surplus15.5514.2612.8112.12
Total Borrowing13.478.439.913.90
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets17.8814.8113.8713.79
Total Income13.8320.2419.6615.65
Profit After Tax1.101.620.850.43
NET Worth9.238.136.565.80
Reserves and Surplus7.436.334.764.00
Total Borrowing3.522.682.453.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%100.00%
Promoter Shareholding (Post-Issue)73.60%72.94%
Market Cap₹56.26 Cr.₹8.89 Cr.

Shares Offered

In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Chemcrux Enterprises IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Airan IPO and 0 shares in Chemcrux Enterprises IPO.

 Airan IPOChemcrux Enterprises IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,68,000 shares72,000 shares
QIB0 shares0 shares
NII15,66,000 shares6,32,000 shares
RII15,66,000 shares6,32,000 shares
Employee0 shares0 shares
Total31,32,000 shares12,64,000 shares

Bids Received (Subscription)

Airan IPO subscribed 29.60x in total, whereas Chemcrux Enterprises IPO subscribed 71.53x.

 Airan IPOChemcrux Enterprises IPO
NII (times)21.88x0.00x
RII (times)37.32x0.00x
Total (times)29.60x71.53x

Compare with others

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Airan IPO Vs Chemcrux Enterprises IPO