AKI India IPO vs Veeram Infra Engineering IPO

Comparison between AKI India IPO and Veeram Infra Engineering IPO.

IPO Details

AKI India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Veeram Infra Engineering IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AKI India IPO is up to ₹2.93 Cr whereas the issue size of the Veeram Infra Engineering IPO is up to ₹10.18 Cr. The final issue price of AKI India IPO is ₹11.00 per share and of Veeram Infra Engineering IPO is ₹51.00 per share.

 AKI India IPOVeeram Infra Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹11.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares2000 shares
Fresh Issue Size26,60,000 shares19,96,000 shares
Fresh Issue Size (Amount)up to ₹2.93 Crup to ₹10.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,60,000 shares19,96,000 shares
Issue Size Total (Amount)up to ₹2.93 Crup to ₹10.18 Cr

IPO Timetable

AKI India IPO opens on Sep 28, 2018, while Veeram Infra Engineering IPO opens on Sep 28, 2018. The closing date of AKI India IPO and Veeram Infra Engineering IPO is Oct 05, 2018, and Oct 12, 2018, respectively.

 AKI India IPOVeeram Infra Engineering IPO
Issue OpenSep 28, 2018Sep 28, 2018
Issue CloseOct 05, 2018Oct 12, 2018
Basis Of Allotment (Tentative)Oct 10, 2018Oct 17, 2018
Listing date (Tentative)Oct 12, 2018Oct 23, 2018

Financials & KPIs

AKI India IPO P/E ratio is , as compared to Veeram Infra Engineering IPO P/E ratio of .

 AKI India IPOVeeram Infra Engineering 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 Ended31 Mar 201831 Mar 201731 Mar 2016
Assets9.350.260.26
Total Income12.820.040.03
Profit After Tax0.670.000.00
NET Worth6.530.090.09
Reserves and Surplus3.760.040.04
Total Borrowing0.720.030.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%62.48%
Promoter Shareholding (Post-Issue)72.81%45.94%
Market Cap₹11.33 Cr.₹40.58 Cr.

Shares Offered

In the AKI India IPO Retail Individual Investors (RII) are offered 13,30,000 shares while in Veeram Infra Engineering IPO retail investors are offered 13,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKI India IPO and in Veeram Infra Engineering IPO.

 AKI India IPOVeeram Infra Engineering IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,40,000 shares1,10,000 shares
QIB0 shares
NII13,30,000 shares9,98,000 shares
RII13,30,000 shares9,98,000 shares
Employee0 shares
Total26,60,000 shares19,96,000 shares

Bids Received (Subscription)

AKI India IPO subscribed 1.56x in total, whereas Veeram Infra Engineering IPO subscribed 1.19x.

 AKI India IPOVeeram Infra Engineering IPO
NII (times)2.14x1.62x
RII (times)0.99x0.75x
Total (times)1.56x1.19x

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