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Akash Infra-Projects IPO vs Global Education IPO

Comparison between Akash Infra-Projects IPO and Global Education IPO.

IPO Details

Akash Infra-Projects IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Global Education IPO is a SME Bookbuilding proposed to list at NSE SME.

 Akash Infra-Projects IPOGlobal Education IPO
LogoAkash Infra-Projects IPO LogoGlobal Education IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersTipsons Consultancy Services Pvt.Ltd.Hem Securities Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akash Infra-Projects IPO is up to ₹24.15 Cr whereas the issue size of the Global Education IPO is up to ₹9.72 Cr. The final issue price of Akash Infra-Projects IPO is ₹125.00 per share and of Global Education IPO is ₹150.00 per share.

 Akash Infra-Projects IPOGlobal Education IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹125.00 per share₹150.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1000 shares
Fresh Issue Size11,59,200 shares6,48,000 shares
Fresh Issue Size (Amount)up to ₹14.49 Crup to ₹9.72 Cr
OFS Issue Size7,72,800 shares0 shares
OFS Issue Size (Amount)up to ₹9.66 Crup to ₹0.00 Cr
Issue Size Total19,32,000 shares6,48,000 shares
Issue Size Total (Amount)up to ₹24.15 Crup to ₹9.72 Cr

IPO Timetable

Akash Infra-Projects IPO opens on Feb 28, 2017, while Global Education IPO opens on Feb 16, 2017. The closing date of Akash Infra-Projects IPO and Global Education IPO is Mar 06, 2017, and Feb 21, 2017, respectively.

 Akash Infra-Projects IPOGlobal Education IPO
Issue OpenFeb 28, 2017Feb 16, 2017
Issue CloseMar 06, 2017Feb 21, 2017
Basis Of Allotment (Tentative)Feb 27, 2017
Listing date (Tentative)Mar 15, 2017Mar 02, 2017

Financials & KPIs

Akash Infra-Projects IPO P/E ratio is , as compared to Global Education IPO P/E ratio of .

 Akash Infra-Projects IPOGlobal Education IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Aug 201631 Mar 201631 Mar 201531 Mar 2014
Assets76.5970.0282.3882.64
Total Income20.3874.6986.80141.74
Profit After Tax0.833.895.179.74
NET Worth51.2150.3947.0542.66
Reserves and Surplus44.8945.6442.3137.92
Total Borrowing13.179.3723.0420.08
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets17.099.893.722.10
Total Income15.8413.494.982.46
Profit After Tax2.842.821.090.96
NET Worth8.115.282.461.37
Reserves and Surplus7.114.282.421.33
Total Borrowing0.921.830.580.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.85%99.99%
Promoter Shareholding (Post-Issue)72.16%72.49%
Market Cap₹94.85 Cr.₹37.25 Cr.

Shares Offered

In the Akash Infra-Projects IPO Retail Individual Investors (RII) are offered 9,66,000 shares while in Global Education IPO retail investors are offered 9,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Akash Infra-Projects IPO and 0 shares in Global Education IPO.

 Akash Infra-Projects IPOGlobal Education IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,08,000 shares35,000 shares
QIB0 shares
NII9,66,000 shares3,24,000 shares
RII9,66,000 shares3,24,000 shares
Employee0 shares
Total19,32,000 shares6,48,000 shares

Bids Received (Subscription)

Akash Infra-Projects IPO subscribed 1.96x in total, whereas Global Education IPO subscribed 85.08x.

 Akash Infra-Projects IPOGlobal Education IPO
NII (times)2.04x57.23x
RII (times)1.88x112.93x
Total (times)1.96x85.08x

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Akash Infra-Projects IPOGlobal Education IPO
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Compare:

Akash Infra-Projects IPO Vs Global Education IPO