Comparison between Airan IPO and Prime Customer IPO.
IPO Details
Airan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prime Customer 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 Prime Customer IPO is up to ₹6.91 Cr. The final issue price of Airan IPO is ₹45.00 per share and of Prime Customer IPO is ₹60.00 per share.
| | Airan IPO | Prime Customer IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹45.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 31,32,000 shares | 3,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹2.33 Cr |
| OFS Issue Size | 0 shares | 7,64,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.58 Cr |
| Issue Size Total | 31,32,000 shares | 11,52,000 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹6.91 Cr |
IPO Timetable
Airan IPO opens on Mar 14, 2017, while Prime Customer IPO opens on Mar 20, 2017. The closing date of Airan IPO and Prime Customer IPO is Mar 16, 2017, and Mar 23, 2017, respectively.
Financials & KPIs
Airan IPO P/E ratio is , as compared to Prime Customer IPO P/E ratio of .
Shares Offered
In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Prime Customer IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Airan IPO and 0 shares in Prime Customer IPO.
| | Airan IPO | Prime Customer IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,68,000 shares | 62,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 15,66,000 shares | 5,76,000 shares |
| RII | 15,66,000 shares | 5,76,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 31,32,000 shares | 11,52,000 shares |
Bids Received (Subscription)
Airan IPO subscribed 29.60x in total, whereas Prime Customer IPO subscribed 1.37x.