Comparison between Aanchal Ispat IPO and Akme Star Housing Finance IPO.
Aanchal Ispat IPO is a SME Fixed Price IPO proposed to list at BSE SME while Akme Star Housing Finance IPO is a SME Fixed Price proposed to list at BSE SME.
| Aanchal Ispat IPO | Akme Star Housing Finance IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | GCM Securities Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aanchal Ispat IPO is up to ₹15.19 Cr whereas the issue size of the Akme Star Housing Finance IPO is up to ₹4.56 Cr. The final issue price of Aanchal Ispat IPO is ₹20.00 per share and of Akme Star Housing Finance IPO is ₹30.00 per share.
| Aanchal Ispat IPO | Akme Star Housing Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 75,96,000 shares | 15,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.19 Cr | up to ₹4.56 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 | 75,96,000 shares | 15,20,000 shares |
| Issue Size Total (Amount) | up to ₹15.19 Cr | up to ₹4.56 Cr |
Aanchal Ispat IPO opens on Nov 24, 2014, while Akme Star Housing Finance IPO opens on Feb 25, 2015. The closing date of Aanchal Ispat IPO and Akme Star Housing Finance IPO is Nov 26, 2014, and Mar 05, 2015, respectively.
| Aanchal Ispat IPO | Akme Star Housing Finance IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 24, 2014 | Feb 25, 2015 |
| Issue Close | Nov 26, 2014 | Mar 05, 2015 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 10, 2014 | Mar 20, 2015 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aanchal Ispat IPO P/E ratio is , as compared to Akme Star Housing Finance IPO P/E ratio of .
| Aanchal Ispat IPO | Akme Star Housing Finance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 70 | ||||
| Promoter Shareholding (Post-Issue) | 61.61 | 51.13 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹41.71 Cr. | ₹17.80 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 3.29 | 3.63 |
In the Aanchal Ispat IPO Retail Individual Investors (RII) are offered 37,98,000 shares while in Akme Star Housing Finance IPO retail investors are offered 37,98,000 shares. Qualified Institutional Buyers (QIB) are offered in Aanchal Ispat IPO and in Akme Star Housing Finance IPO.
| Aanchal Ispat IPO | Akme Star Housing Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 4,08,000 shares | 80,000 shares |
| QIB | ||
| NII | 37,98,000 shares | 7,60,000 shares |
| RII | 37,98,000 shares | 7,60,000 shares |
| Employee | ||
| Others | ||
| Total | 75,96,000 shares | 15,20,000 shares |
Aanchal Ispat IPO subscribed 1.30x in total, whereas Akme Star Housing Finance IPO subscribed 1.76x.
| Aanchal Ispat IPO | Akme Star Housing Finance IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.11x | 2.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.50x | 1.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 1.76x |
