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

AKI India IPO vs IRIS Clothings IPO

Comparison between AKI India IPO and IRIS Clothings IPO.

IPO Details

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 IPOIRIS Clothings IPO
LogoAKI India IPO LogoIRIS Clothings IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.VC Corporate Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerSparkle Securities Solutions Pvt.Ltd.Choice Equity Broking 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 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 IPOIRIS Clothings IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹11.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares1600 shares
Fresh Issue Size26,60,000 shares11,68,000 shares
Fresh Issue Size (Amount)up to ₹2.93 Crup to ₹10.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,60,000 shares11,68,000 shares
Issue Size Total (Amount)up to ₹2.93 Crup to ₹10.51 Cr

IPO Timetable

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 IPOIRIS Clothings IPO
Issue OpenSep 28, 2018Oct 10, 2018
Issue CloseOct 05, 2018Oct 12, 2018
Basis Of Allotment (Tentative)Oct 10, 2018Oct 17, 2018
Initiation of Refunds (Tentative)Oct 17, 2018
Credit of Share (Tentative)Oct 19, 2018
Listing date (Tentative)Oct 12, 2018Oct 23, 2018

Financials & KPIs

AKI India IPO P/E ratio is , as compared to IRIS Clothings IPO P/E ratio of .

 AKI India IPOIRIS Clothings IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets35.7639.9339.10
Total Income45.3642.7040.67
Profit After Tax1.020.150.14
NET Worth7.646.622.98
Reserves and Surplus-0.251.100.99
Total Borrowing16.4819.2921.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets40.4339.7931.8226.61
Total Income14.8553.1046.8936.99
Profit After Tax1.173.381.600.65
Reserves and Surplus10.237.323.742.14
Total Borrowing17.262.1016.5913.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%91.57%
Promoter Shareholding (Post-Issue)72.81%67.4%
Market Cap₹11.33 Cr.₹41.95 Cr.

Shares Offered

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 0 shares in AKI India IPO and in IRIS Clothings IPO.

 AKI India IPOIRIS Clothings IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,40,000 shares62,400 shares
QIB0 shares
NII13,30,000 shares5,84,000 shares
RII13,30,000 shares5,84,000 shares
Employee0 shares
Total26,60,000 shares11,68,000 shares

Bids Received (Subscription)

AKI India IPO subscribed 1.56x in total, whereas IRIS Clothings IPO subscribed 1.14x.

 AKI India IPOIRIS Clothings IPO
NII (times)2.14x2.01x
RII (times)0.99x0.27x
Total (times)1.56x1.14x

Compare with others

AKI India IPOIRIS Clothings IPO
Shubhlaxmi Jewel Art IPODRS Dilip Roadlines IPO
Ultra Wiring Connectivity IPOShree Krishna Infrastructure IPO
IRIS Clothings IPORoni Households IPO
BCPL Railway Infrastructure IPOShubhlaxmi Jewel Art IPO
S.M.Gold IPOUltra Wiring Connectivity IPO
Veeram Infra Engineering IPOBCPL Railway Infrastructure IPO
B&B Triplewall Containers IPOS.M.Gold IPO
Sun Retail IPOAKI India IPO
Shubham Polyspin IPOVeeram Infra Engineering IPO
Dolfin Rubbers IPOB&B Triplewall Containers IPO

Compare:

AKI India IPO Vs IRIS Clothings IPO