ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Akash Infra-Projects IPO vs RMC Switchgears IPO

Comparison between Akash Infra-Projects IPO and RMC Switchgears IPO.

IPO Details

Akash Infra-Projects IPO is a SME Fixed Price IPO proposed to list at NSE SME while RMC Switchgears IPO is a SME Fixed Price proposed to list at BSE SME.

 Akash Infra-Projects IPORMC Switchgears IPO
LogoAkash Infra-Projects IPO LogoRMC Switchgears IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersTipsons Consultancy Services Pvt.Ltd.Hem Securities Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerBeeline Broking Ltd.Hem Securities 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 RMC Switchgears IPO is up to ₹3.89 Cr. The final issue price of Akash Infra-Projects IPO is ₹125.00 per share and of RMC Switchgears IPO is ₹27.00 per share.

 Akash Infra-Projects IPORMC Switchgears IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹125.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares4000 shares
Fresh Issue Size11,59,200 shares6,72,000 shares
Fresh Issue Size (Amount)up to ₹14.49 Crup to ₹1.81 Cr
OFS Issue Size7,72,800 shares7,68,000 shares
OFS Issue Size (Amount)up to ₹9.66 Crup to ₹2.07 Cr
Issue Size Total19,32,000 shares14,40,000 shares
Issue Size Total (Amount)up to ₹24.15 Crup to ₹3.89 Cr

IPO Timetable

Akash Infra-Projects IPO opens on Feb 28, 2017, while RMC Switchgears IPO opens on Feb 28, 2017. The closing date of Akash Infra-Projects IPO and RMC Switchgears IPO is Mar 06, 2017, and Mar 03, 2017, respectively.

 Akash Infra-Projects IPORMC Switchgears IPO
Issue OpenFeb 28, 2017Feb 28, 2017
Issue CloseMar 06, 2017Mar 03, 2017
Basis Of Allotment (Tentative)Mar 08, 2017
Listing date (Tentative)Mar 15, 2017Mar 14, 2017

Financials & KPIs

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

 Akash Infra-Projects IPORMC Switchgears 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
Assets59.2749.0845.6342.88
Total Income26.1055.8545.7440.87
Profit After Tax0.860.790.240.20
NET Worth10.9510.109.319.09
Reserves and Surplus6.639.028.238.01
Total Borrowing25.8424.0820.2223.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.85%83.09%
Promoter Shareholding (Post-Issue)72.16%58.16%
Market Cap₹94.85 Cr.₹13.75 Cr.

Shares Offered

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

 Akash Infra-Projects IPORMC Switchgears IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,08,000 shares96,000 shares
QIB0 shares
NII9,66,000 shares7,20,000 shares
RII9,66,000 shares7,20,000 shares
Employee0 shares
Total19,32,000 shares14,40,000 shares

Bids Received (Subscription)

Akash Infra-Projects IPO subscribed 1.96x in total, whereas RMC Switchgears IPO subscribed 24.85x.

 Akash Infra-Projects IPORMC Switchgears IPO
NII (times)2.04x0.00x
RII (times)1.88x0.00x
Total (times)1.96x24.85x

Compare with others

Akash Infra-Projects IPORMC Switchgears IPO
Airan IPOManomay Tex IPO
Manomay Tex IPOSarthak Metals IPO
Sarthak Metals IPOIFL Enterprises IPO
IFL Enterprises IPOSanginita Chemicals IPO
Sanginita Chemicals IPOAkash Infra-Projects IPO
RMC Switchgears IPOTanvi Foods IPO
Tanvi Foods IPONitiraj Engineers IPO
Nitiraj Engineers IPOGlobal Education IPO
Global Education IPOKrishana Phoschem IPO
Krishana Phoschem IPOSteel City Securities IPO

Compare:

Akash Infra-Projects IPO Vs RMC Switchgears IPO