AKM Lace IPO vs Cadsys IPO

Comparison between AKM Lace IPO and Cadsys IPO.

IPO Details

AKM Lace IPO is a SME Fixed Price IPO proposed to list at BSE SME while Cadsys IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AKM Lace IPO is up to ₹4.50 Cr whereas the issue size of the Cadsys IPO is up to ₹13.94 Cr. The final issue price of AKM Lace IPO is ₹25.00 per share and of Cadsys IPO is ₹70.00 per share.

 AKM Lace IPOCadsys IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size18,00,000 shares19,92,000 shares
Fresh Issue Size (Amount)up to ₹4.50 Crup to ₹13.94 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,00,000 shares19,92,000 shares
Issue Size Total (Amount)up to ₹4.50 Crup to ₹13.94 Cr

IPO Timetable

AKM Lace IPO opens on Sep 20, 2017, while Cadsys IPO opens on Sep 21, 2017. The closing date of AKM Lace IPO and Cadsys IPO is Sep 22, 2017, and Sep 25, 2017, respectively.

 AKM Lace IPOCadsys IPO
Issue OpenSep 20, 2017Sep 21, 2017
Issue CloseSep 22, 2017Sep 25, 2017
Basis Of Allotment (Tentative)Sep 27, 2017Sep 28, 2017
Listing date (Tentative)Sep 29, 2017Oct 04, 2017

Financials & KPIs

AKM Lace IPO P/E ratio is , as compared to Cadsys IPO P/E ratio of .

 AKM Lace IPOCadsys IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets9.163.332.71
Total Income11.311.020.86
Profit After Tax0.140.010.00
NET Worth3.072.712.71
Reserves and Surplus1.962.622.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets41.9427.8822.96
Total Income28.3331.5523.15
Profit After Tax2.685.604.41
NET Worth21.1318.4513.11
Reserves and Surplus15.7317.3712.03
Total Borrowing12.293.683.39
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.39%65.84%
Promoter Shareholding (Post-Issue)33.31%47.41%
Market Cap₹7.53 Cr.₹52.52 Cr.

Shares Offered

In the AKM Lace IPO Retail Individual Investors (RII) are offered 9,00,000 shares while in Cadsys IPO retail investors are offered 9,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKM Lace IPO and 0 shares in Cadsys IPO.

 AKM Lace IPOCadsys IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,02,000 shares1,08,000 shares
QIB0 shares0 shares
NII9,00,000 shares9,96,000 shares
RII9,00,000 shares9,96,000 shares
Employee0 shares0 shares
Total18,00,000 shares19,92,000 shares

Bids Received (Subscription)

AKM Lace IPO subscribed 1.21x in total, whereas Cadsys IPO subscribed 3.17x.

 AKM Lace IPOCadsys IPO
NII (times)1.51x2.05x
RII (times)0.91x4.28x
Total (times)1.21x3.17x

Compare with others

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AKM Lace IPO Vs Cadsys IPO