Akash Infra-Projects IPO vs Krishana Phoschem IPO

Comparison between Akash Infra-Projects IPO and Krishana Phoschem IPO.

IPO Details

Akash Infra-Projects IPO is a SME Fixed Price IPO proposed to list at NSE SME while Krishana Phoschem IPO is a SME Fixed Price proposed to list at NSE SME.

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 Krishana Phoschem IPO is up to ₹18.72 Cr. The final issue price of Akash Infra-Projects IPO is ₹125.00 per share and of Krishana Phoschem IPO is ₹30.00 per share.

 Akash Infra-Projects IPOKrishana Phoschem IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹125.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares4000 shares
Fresh Issue Size11,59,200 shares0 shares
Fresh Issue Size (Amount)up to ₹14.49 Crup to ₹0.00 Cr
OFS Issue Size7,72,800 shares62,40,000 shares
OFS Issue Size (Amount)up to ₹9.66 Crup to ₹18.72 Cr
Issue Size Total19,32,000 shares62,40,000 shares
Issue Size Total (Amount)up to ₹24.15 Crup to ₹18.72 Cr

IPO Timetable

Akash Infra-Projects IPO opens on Feb 28, 2017, while Krishana Phoschem IPO opens on Feb 13, 2017. The closing date of Akash Infra-Projects IPO and Krishana Phoschem IPO is Mar 06, 2017, and Feb 16, 2017, respectively.

 Akash Infra-Projects IPOKrishana Phoschem IPO
Issue OpenFeb 28, 2017Feb 13, 2017
Issue CloseMar 06, 2017Feb 16, 2017
Basis Of Allotment (Tentative)Feb 21, 2017
Listing date (Tentative)Mar 15, 2017Feb 27, 2017

Financials & KPIs

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

 Akash Infra-Projects IPOKrishana Phoschem 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 Nov 201631 Mar 201631 Mar 201531 Mar 2014
Assets129.93115.72121.91112.35
Total Income45.2090.6377.2690.84
Profit After Tax3.923.152.935.05
NET Worth57.7244.6341.4832.61
Reserves and Surplus62.3053.9552.1547.57
Total Borrowing27.9329.2129.6729.17
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.85%83.66%
Promoter Shareholding (Post-Issue)72.16%57.25%
Market Cap₹94.85 Cr.₹74.70 Cr.

Shares Offered

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

 Akash Infra-Projects IPOKrishana Phoschem IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,08,000 shares3,36,000 shares
QIB0 shares
NII9,66,000 shares31,20,000 shares
RII9,66,000 shares31,20,000 shares
Employee0 shares
Total19,32,000 shares62,40,000 shares

Bids Received (Subscription)

Akash Infra-Projects IPO subscribed 1.96x in total, whereas Krishana Phoschem IPO subscribed 34.61x.

 Akash Infra-Projects IPOKrishana Phoschem IPO
NII (times)2.04x12.71x
RII (times)1.88x56.51x
Total (times)1.96x34.61x

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Akash Infra-Projects IPO Vs Krishana Phoschem IPO