AKM Lace IPO vs Trident Texofab IPO

Comparison between AKM Lace IPO and Trident Texofab IPO.

IPO Details

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.

Issue Size and Price

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 IPOTrident Texofab IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹25.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares4000 shares
Fresh Issue Size18,00,000 shares11,12,000 shares
Fresh Issue Size (Amount)up to ₹4.50 Crup to ₹3.34 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,00,000 shares11,12,000 shares
Issue Size Total (Amount)up to ₹4.50 Crup to ₹3.34 Cr

IPO Timetable

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.

Financials & KPIs

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

 AKM Lace IPOTrident Texofab IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap₹7.53 Cr.₹11.99 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 in AKM Lace IPO and in Trident Texofab IPO.

 AKM Lace IPOTrident Texofab IPO
Anchor Investor Reservation
Market Maker Reservation1,02,000 shares64,000 shares
QIB
NII9,00,000 shares5,56,000 shares
RII9,00,000 shares5,56,000 shares
Employee
Others
Total18,00,000 shares11,12,000 shares

Bids Received (Subscription)

AKM Lace IPO subscribed 1.21x in total, whereas Trident Texofab IPO subscribed 8.09x.

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AKM Lace IPO Vs Trident Texofab IPO