Comparison between AKI India IPO and IRIS Clothings IPO.
AKI India IPO is a SME Fixed Price IPO proposed to list at BSE SME while IRIS Clothings IPO is a SME Fixed Price proposed to list at NSE SME.
| AKI India IPO | IRIS Clothings IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | VC Corporate Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Sparkle Securities Solutions Pvt.Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AKI India IPO is up to ₹2.93 Cr whereas the issue size of the IRIS Clothings IPO is up to ₹10.51 Cr. The final issue price of AKI India IPO is ₹11.00 per share and of IRIS Clothings IPO is ₹90.00 per share.
| AKI India IPO | IRIS Clothings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹11.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 1600 shares |
| Fresh Issue Size | 26,60,000 shares | 11,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.93 Cr | up to ₹10.51 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 26,60,000 shares | 11,68,000 shares |
| Issue Size Total (Amount) | up to ₹2.93 Cr | up to ₹10.51 Cr |
AKI India IPO opens on Sep 28, 2018, while IRIS Clothings IPO opens on Oct 10, 2018. The closing date of AKI India IPO and IRIS Clothings IPO is Oct 05, 2018, and Oct 12, 2018, respectively.
| AKI India IPO | IRIS Clothings IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 28, 2018 | Oct 10, 2018 |
| Issue Close | Oct 05, 2018 | Oct 12, 2018 |
| Basis Of Allotment (Tentative) | Oct 17, 2018 | |
| Initiation of Refunds (Tentative) | Oct 17, 2018 | |
| Credit of Share (Tentative) | Oct 19, 2018 | |
| Listing date (Tentative) | Oct 12, 2018 | Oct 23, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AKI India IPO P/E ratio is , as compared to IRIS Clothings IPO P/E ratio of .
| AKI India IPO | IRIS Clothings IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹11.33 Cr. | ₹41.95 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the AKI India IPO Retail Individual Investors (RII) are offered 13,30,000 shares while in IRIS Clothings IPO retail investors are offered 13,30,000 shares. Qualified Institutional Buyers (QIB) are offered in AKI India IPO and in IRIS Clothings IPO.
| AKI India IPO | IRIS Clothings IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,40,000 shares | 62,400 shares |
| QIB | ||
| NII | 13,30,000 shares | 5,84,000 shares |
| RII | 13,30,000 shares | 5,84,000 shares |
| Employee | ||
| Others | ||
| Total | 26,60,000 shares | 11,68,000 shares |
AKI India IPO subscribed 1.56x in total, whereas IRIS Clothings IPO subscribed 1.14x.
| AKI India IPO | IRIS Clothings IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.14x | 2.01x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.99x | 0.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.56x | 1.14x |
