AKG Exim IPO vs Spectrum Electrical IPO

Comparison between AKG Exim IPO and Spectrum Electrical IPO.

IPO Details

AKG Exim IPO is a SME Fixed Price IPO proposed to list at NSE SME while Spectrum Electrical IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AKG Exim IPO is up to ₹5.23 Cr whereas the issue size of the Spectrum Electrical IPO is up to ₹24.57 Cr. The final issue price of AKG Exim IPO is ₹31.00 per share and of Spectrum Electrical IPO is ₹65.00 per share.

 AKG Exim IPOSpectrum Electrical IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹31.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size16,88,000 shares37,80,000 shares
Fresh Issue Size (Amount)up to ₹5.23 Crup to ₹24.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,88,000 shares37,80,000 shares
Issue Size Total (Amount)up to ₹5.23 Crup to ₹24.57 Cr

IPO Timetable

AKG Exim IPO opens on Sep 10, 2018, while Spectrum Electrical IPO opens on Sep 17, 2018. The closing date of AKG Exim IPO and Spectrum Electrical IPO is Sep 14, 2018, and Sep 21, 2018, respectively.

 AKG Exim IPOSpectrum Electrical IPO
Issue OpenSep 10, 2018Sep 17, 2018
Issue CloseSep 14, 2018Sep 21, 2018
Basis Of Allotment (Tentative)Sep 26, 2018
Listing date (Tentative)Sep 25, 2018Oct 01, 2018

Financials & KPIs

AKG Exim IPO P/E ratio is , as compared to Spectrum Electrical IPO P/E ratio of .

 AKG Exim IPOSpectrum Electrical IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets52.4160.5856.50
Total Income112.35105.5598.59
Profit After Tax1.020.490.41
NET Worth12.0711.1110.60
Reserves and Surplus7.238.698.20
Total Borrowing26.3436.7033.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets107.6325.0614.91
Total Income119.836.602.16
Profit After Tax5.900.530.30
NET Worth33.735.795.25
Reserves and Surplus22.590.800.26
Total Borrowing34.4410.358.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.25%93.16%
Promoter Shareholding (Post-Issue)69.64%68.63%
Market Cap₹20.52 Cr.₹98.28 Cr.

Shares Offered

In the AKG Exim IPO Retail Individual Investors (RII) are offered 8,44,000 shares while in Spectrum Electrical IPO retail investors are offered 8,44,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKG Exim IPO and 0 shares in Spectrum Electrical IPO.

 AKG Exim IPOSpectrum Electrical IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation92,000 shares2,00,000 shares
QIB0 shares0 shares
NII8,44,000 shares18,90,000 shares
RII8,44,000 shares18,90,000 shares
Employee0 shares0 shares
Total16,88,000 shares37,80,000 shares

Bids Received (Subscription)

AKG Exim IPO subscribed 1.18x in total, whereas Spectrum Electrical IPO subscribed 1.27x.

 AKG Exim IPOSpectrum Electrical IPO
NII (times)1.99x1.99x
RII (times)0.37x0.56x
Total (times)1.18x1.27x

Compare with others

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AKG Exim IPO Vs Spectrum Electrical IPO