Akums Drugs IPO vs Bansal Wire Industries IPO

Comparison between Akums Drugs IPO and Bansal Wire Industries IPO.

IPO Details

Akums Drugs IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Bansal Wire Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Akums Drugs IPO is up to ₹1,856.74 Cr whereas the issue size of the Bansal Wire Industries IPO is up to ₹745.00 Cr. The final issue price of Akums Drugs IPO is ₹679.00 per share and of Bansal Wire Industries IPO is ₹256.00 per share.

 Akums Drugs IPOBansal Wire Industries IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹646.00 per share₹243.00 per share
Issue Price (Upper)₹679.00 per share₹256.00 per share
Issue Price (Final)₹679.00 per share₹256.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹64.00 per share
Market Lot Size22 shares58 shares
Fresh Issue Size1,00,37,708 shares2,91,01,562 shares
Fresh Issue Size (Amount)up to ₹680.99 Crup to ₹745.00 Cr
OFS Issue Size1,73,30,435 shares0 shares
OFS Issue Size (Amount)up to ₹1,175.75 Crup to ₹0.00 Cr
Issue Size Total2,73,68,143 shares2,91,01,562 shares
Issue Size Total (Amount)up to ₹1,856.74 Crup to ₹745.00 Cr

IPO Timetable

Akums Drugs IPO opens on Jul 30, 2024, while Bansal Wire Industries IPO opens on Jul 03, 2024. The closing date of Akums Drugs IPO and Bansal Wire Industries IPO is Aug 01, 2024, and Jul 05, 2024, respectively.

 Akums Drugs IPOBansal Wire Industries IPO
Anchor Bid DateJul 29, 2024Jul 02, 2024
Issue OpenJul 30, 2024Jul 03, 2024
Issue CloseAug 01, 2024Jul 05, 2024
Basis Of Allotment (Tentative)Aug 02, 2024Jul 08, 2024
Initiation of Refunds (Tentative)Aug 05, 2024Jul 09, 2024
Credit of Share (Tentative)Aug 05, 2024Jul 09, 2024
Listing date (Tentative)Aug 06, 2024Jul 10, 2024
Anchor Lockin End date 1Sep 01, 2024Aug 07, 2024
Anchor Lockin End date 2Oct 31, 2024Oct 06, 2024

Financials & KPIs

Akums Drugs IPO P/E ratio is , as compared to Bansal Wire Industries IPO P/E ratio of 41.41.

 Akums Drugs IPOBansal Wire Industries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,516.373,266.533,069.05
Total Income4,212.213,700.933,694.52
Profit After Tax0.7997.82-250.87
NET Worth709.50717.19621.98
Reserves and Surplus861.01868.70787.79
Total Borrowing491.56536.97357.95
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,264.01749.05695.48
Total Income2,470.892,422.572,205.07
Profit After Tax78.8059.9357.29
NET Worth422.37282.51223.01
Reserves and Surplus358.64273.41213.91
Total Borrowing681.14422.19413.15
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.4895.78
Promoter Shareholding (Post-Issue)75.2977.97
P/E Ratio41.41
Market Cap₹4007.83 Cr.
ROE0.11%21.19%
ROCE3.37%18.46%
Debt/Equity0.691.48
EPS₹6.18
RoNW-0.5718.27%

Shares Offered

In the Akums Drugs IPO Retail Individual Investors (RII) are offered 27,12,424 shares while in Bansal Wire Industries IPO retail investors are offered 27,12,424 shares. Qualified Institutional Buyers (QIB) are offered 81,37,276 shares in Akums Drugs IPO and 58,20,312 shares in Bansal Wire Industries IPO.

 Akums Drugs IPOBansal Wire Industries IPO
Anchor Investor Reservation1,22,05,912 shares87,30,468 shares
Market Maker Reservation
QIB81,37,276 shares58,20,312 shares
NII40,68,637 shares43,65,235 shares
RII27,12,424 shares1,01,85,547 shares
Employee2,43,902 shares
Others
Total2,73,68,151 shares2,91,01,562 shares

Bids Received (Subscription)

Akums Drugs IPO subscribed 63.44x in total, whereas Bansal Wire Industries IPO subscribed 62.76x.

 Akums Drugs IPOBansal Wire Industries IPO
QIB (times)90.09x153.86x
NII (times)42.10x54.21x
Big NII (times)47.43x55.27x
Small NII (times)31.45x52.11x
RII (times)20.80x14.37x
Employee (times)4.14x
Other (times)
Total (times)63.44x62.76x

Compare with others

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Akums Drugs IPO Vs Bansal Wire Industries IPO