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.
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 IPO | Indo US Bio-Tech IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹40.00 per share | ₹51.00 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 | 13,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.62 Cr | up to ₹6.92 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 | 13,56,000 shares |
| Issue Size Total (Amount) | up to ₹25.61 Cr | up 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.
Financials & KPIs
Akshar Spintex IPO P/E ratio is , as compared to Indo US Bio-Tech IPO P/E ratio of .
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 0 shares in Akshar Spintex IPO and 0 shares in Indo US Bio-Tech IPO.
| | Akshar Spintex IPO | Indo US Bio-Tech IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 3,45,000 shares | 74,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 32,01,000 shares | 6,78,000 shares |
| RII | 32,01,000 shares | 6,78,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 64,02,000 shares | 13,56,000 shares |
Bids Received (Subscription)
Akshar Spintex IPO subscribed 5.48x in total, whereas Indo US Bio-Tech IPO subscribed 19.69x.
