Comparison between Akshar Spintex IPO and Bombay Super Hybrid Seeds IPO.
IPO Details
Akshar Spintex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Bombay Super Hybrid Seeds IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Bombay Super Hybrid Seeds IPO is up to ₹9.86 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Bombay Super Hybrid Seeds IPO is ₹60.00 per share.
| | Akshar Spintex IPO | Bombay Super Hybrid Seeds IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹40.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 6,54,000 shares | 16,44,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.62 Cr | up to ₹9.86 Cr |
| OFS Issue Size | 57,48,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹22.99 Cr | up to ₹0.00 Cr |
| Issue Size Total | 64,02,000 shares | 16,44,000 shares |
| Issue Size Total (Amount) | up to ₹25.61 Cr | up to ₹9.86 Cr |
IPO Timetable
Akshar Spintex IPO opens on Apr 27, 2018, while Bombay Super Hybrid Seeds IPO opens on Apr 12, 2018. The closing date of Akshar Spintex IPO and Bombay Super Hybrid Seeds IPO is May 03, 2018, and Apr 17, 2018, respectively.
| | Akshar Spintex IPO | Bombay Super Hybrid Seeds IPO |
|---|
| Issue Open | Apr 27, 2018 | Apr 12, 2018 |
| Issue Close | May 03, 2018 | Apr 17, 2018 |
| Basis Of Allotment (Tentative) | May 08, 2018 | Apr 20, 2018 |
| Initiation of Refunds (Tentative) | | Apr 23, 2018 |
| Credit of Share (Tentative) | | Apr 24, 2018 |
| Listing date (Tentative) | May 11, 2018 | Apr 25, 2018 |
Financials & KPIs
Akshar Spintex IPO P/E ratio is , as compared to Bombay Super Hybrid Seeds IPO P/E ratio of .
Shares Offered
In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Bombay Super Hybrid Seeds IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Akshar Spintex IPO and 0 shares in Bombay Super Hybrid Seeds IPO.
| | Akshar Spintex IPO | Bombay Super Hybrid Seeds IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 3,45,000 shares | 88,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 32,01,000 shares | 8,22,000 shares |
| RII | 32,01,000 shares | 8,22,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 64,02,000 shares | 16,44,000 shares |
Bids Received (Subscription)
Akshar Spintex IPO subscribed 5.48x in total, whereas Bombay Super Hybrid Seeds IPO subscribed 9.50x.