Comparison between AKM Lace IPO and Trident Texofab IPO.
AKM Lace IPO is a SME Fixed Price IPO proposed to list at BSE SME while Trident Texofab IPO is a SME Fixed Price proposed to list at BSE SME.
| AKM Lace IPO | Trident Texofab IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Guiness Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AKM Lace IPO is up to ₹4.50 Cr whereas the issue size of the Trident Texofab IPO is up to ₹3.34 Cr. The final issue price of AKM Lace IPO is ₹25.00 per share and of Trident Texofab IPO is ₹30.00 per share.
| AKM Lace IPO | Trident Texofab IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹25.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 18,00,000 shares | 11,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.50 Cr | up to ₹3.34 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 | 18,00,000 shares | 11,12,000 shares |
| Issue Size Total (Amount) | up to ₹4.50 Cr | up to ₹3.34 Cr |
AKM Lace IPO opens on Sep 20, 2017, while Trident Texofab IPO opens on Sep 21, 2017. The closing date of AKM Lace IPO and Trident Texofab IPO is Sep 22, 2017, and Sep 26, 2017, respectively.
| AKM Lace IPO | Trident Texofab IPO | |
|---|---|---|
| Issue Open | Sep 20, 2017 | Sep 21, 2017 |
| Issue Close | Sep 22, 2017 | Sep 26, 2017 |
| Basis Of Allotment (Tentative) | Sep 27, 2017 | Sep 29, 2017 |
| Listing date (Tentative) | Sep 29, 2017 | Oct 05, 2017 |
AKM Lace IPO P/E ratio is , as compared to Trident Texofab IPO P/E ratio of .
| AKM Lace IPO | Trident Texofab IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.39% | 100.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.31% | 70.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7.53 Cr. | ₹11.99 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AKM Lace IPO Retail Individual Investors (RII) are offered 9,00,000 shares while in Trident Texofab 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 Trident Texofab IPO.
| AKM Lace IPO | Trident Texofab IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,02,000 shares | 64,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 9,00,000 shares | 5,56,000 shares |
| RII | 9,00,000 shares | 5,56,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 18,00,000 shares | 11,12,000 shares |
AKM Lace IPO subscribed 1.21x in total, whereas Trident Texofab IPO subscribed 8.09x.
| AKM Lace IPO | Trident Texofab IPO | |
|---|---|---|
| NII (times) | 1.51x | 3.45x |
| RII (times) | 0.91x | 12.73x |
| Total (times) | 1.21x | 8.09x |
