Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Akshar Spintex IPO vs Indo US Bio-Tech IPO

Comparison between Akshar Spintex IPO and Indo US Bio-Tech IPO.

IPO Details

Akshar Spintex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Indo US Bio-Tech IPO is a SME Fixed Price proposed to list at BSE SME.

 Akshar Spintex IPOIndo US Bio-Tech IPO
LogoAkshar Spintex IPO LogoIndo US Bio-Tech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Indo US Bio-Tech IPO is up to ₹6.92 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Indo US Bio-Tech IPO is ₹51.00 per share.

 Akshar Spintex IPOIndo US Bio-Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹40.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size6,54,000 shares13,56,000 shares
Fresh Issue Size (Amount)up to ₹2.62 Crup to ₹6.92 Cr
OFS Issue Size57,48,000 shares0 shares
OFS Issue Size (Amount)up to ₹22.99 Crup to ₹0.00 Cr
Issue Size Total64,02,000 shares13,56,000 shares
Issue Size Total (Amount)up to ₹25.61 Crup to ₹6.92 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while Indo US Bio-Tech IPO opens on Apr 30, 2018. The closing date of Akshar Spintex IPO and Indo US Bio-Tech IPO is May 03, 2018, and May 03, 2018, respectively.

 Akshar Spintex IPOIndo US Bio-Tech IPO
Anchor Bid Date
Issue OpenApr 27, 2018Apr 30, 2018
Issue CloseMay 03, 2018May 03, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)May 11, 2018May 11, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Akshar Spintex IPO P/E ratio is , as compared to Indo US Bio-Tech IPO P/E ratio of .

 Akshar Spintex IPOIndo US Bio-Tech IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 8218.88 7487.82 7029.73 2479.56
Total Revenue 9038.94 5984.38 1561.73 0
Profit After Tax 538.61 266.94 (51.25) 0
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,293.66 1,368.76 767.52 605.19 626.38
Total Revenue 2,457.79 1,914.53 1,966.07 1,485.50 1,493.84
Profit After Tax 64.99 35.99 49.59 25.96 29.94
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Indo US Bio-Tech IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Akshar Spintex IPO and in Indo US Bio-Tech IPO.

 Akshar Spintex IPOIndo US Bio-Tech IPO
Anchor Investor Reserveration
Market Maker Reserveration3,45,000 shares74,000 shares
QIB
NII32,01,000 shares6,78,000 shares
RII32,01,000 shares6,78,000 shares
Employee
Others
Total64,02,000 shares13,56,000 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.49x in total, whereas Indo US Bio-Tech IPO subscribed 19.74x.

 Akshar Spintex IPOIndo US Bio-Tech IPO
QIB (times)
NII (times)1.71x19.52x
Big NII (times)
Small NII (times)
RII (times)9.24x19.87x
Employee (times)
Other (times)
Total (times)5.49x19.74x