AKI India IPO vs S.M.Gold IPO

Comparison between AKI India IPO and S.M.Gold IPO.

IPO Details

AKI India IPO is a SME Fixed Price IPO proposed to list at BSE SME while S.M.Gold IPO is a SME Fixed Price proposed to list at BSE SME.

	AKI India IPO	S.M.Gold IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	BSE SME	BSE SME
Lead Managers	Finshore Management Services Ltd.	First Overseas Capital Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Sparkle Securities Solutions Pvt.Ltd.	Alacrity Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO 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 S.M.Gold IPO is up to ₹7.10 Cr. The final issue price of AKI India IPO is ₹11.00 per share and of S.M.Gold IPO is ₹30.00 per share.

	AKI India IPO	S.M.Gold IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹11.00 per share	₹30.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	10000 shares	4000 shares
Fresh Issue Size	26,60,000 shares	23,68,000 shares
Fresh Issue Size (Amount)	up to ₹2.93 Cr	up to ₹7.10 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	23,68,000 shares
Issue Size Total (Amount)	up to ₹2.93 Cr	up to ₹7.10 Cr

IPO Timetable

AKI India IPO opens on Sep 28, 2018, while S.M.Gold IPO opens on Oct 03, 2018. The closing date of AKI India IPO and S.M.Gold IPO is Oct 05, 2018, and Oct 10, 2018, respectively.

	AKI India IPO	S.M.Gold IPO
Anchor Bid Date
Issue Open	Sep 28, 2018	Oct 03, 2018
Issue Close	Oct 05, 2018	Oct 10, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)	Oct 12, 2018	Oct 19, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

AKI India IPO P/E ratio is , as compared to S.M.Gold IPO P/E ratio of .

AKI India IPO

S.M.Gold IPO

Financials

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,575.64	3,992.77	3,910.23	3,665.68	2,580.79
Total Revenue	4,536.26	4,269.87	4,067.47	3,180.03	1,541.05
Profit After Tax	102.22	15.11	14.26	(63.45)	12.95

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,686.46	4,004.96	3,968.67	3,803.53	2,744.98
Total Revenue	4,912.56	4,345.24	4,236.85	3,501.34	1,821.75
Profit After Tax	110.71	10.56	16.65	(108.07)	1.95

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	598.99	598.33	655.84	499.40	481.32
Total Revenue	489.57	1,354.08	2,278.89	2,382.44	1,954.89
Profit After Tax	21.55	17.96	17.92	17.00	20.71

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the AKI India IPO Retail Individual Investors (RII) are offered 13,30,000 shares while in S.M.Gold IPO retail investors are offered 13,30,000 shares. Qualified Institutional Buyers (QIB) are offered in AKI India IPO and in S.M.Gold IPO.

	AKI India IPO	S.M.Gold IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,40,000 shares	1,32,000 shares
QIB
NII	13,30,000 shares	11,84,000 shares
RII	13,30,000 shares	11,84,000 shares
Employee
Others
Total	26,60,000 shares	23,68,000 shares

Bids Received (Subscription)

AKI India IPO subscribed 1.56x in total, whereas S.M.Gold IPO subscribed 1.10x.

	AKI India IPO	S.M.Gold IPO
QIB (times)
NII (times)	2.14x	1.97x
Big NII (times)
Small NII (times)
RII (times)	0.99x	0.23x
Employee (times)
Other (times)
Total (times)	1.56x	1.10x

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