Anmol India IPO vs Surani Steel Tubes IPO

Comparison between Anmol India IPO and Surani Steel Tubes IPO.

IPO Details

Anmol India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Anmol India IPO is up to ₹9.72 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of Anmol India IPO is ₹33.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.

 Anmol India IPOSurani Steel Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹52.00 per share
Issue Price (Final)₹33.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size29,44,000 shares23,58,000 shares
Fresh Issue Size (Amount)up to ₹9.72 Crup to ₹12.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,44,000 shares23,58,000 shares
Issue Size Total (Amount)up to ₹9.72 Crup to ₹12.26 Cr

IPO Timetable

Anmol India IPO opens on Feb 12, 2019, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of Anmol India IPO and Surani Steel Tubes IPO is Feb 14, 2019, and Jan 29, 2019, respectively.

 Anmol India IPOSurani Steel Tubes IPO
Issue OpenFeb 12, 2019Jan 25, 2019
Issue CloseFeb 14, 2019Jan 29, 2019
Basis Of Allotment (Tentative)Feb 01, 2019
Listing date (Tentative)Feb 21, 2019Feb 06, 2019

Financials & KPIs

Anmol India IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .

 Anmol India IPOSurani Steel Tubes IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets30.9373.2077.8555.57
Total Income263.06299.24186.50189.81
Profit After Tax1.722.621.090.83
EBITDA0.010.020.020.01
NET Worth13.0511.338.717.63
Reserves and Surplus5.778.906.285.19
Total Borrowing9.6921.5326.8623.45
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201831 Mar 201831 Mar 201731 Mar 2016
Assets37.1435.2828.3622.98
Total Income36.14100.8076.7068.46
Profit After Tax0.411.721.001.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.13%48.52%
Promoter Shareholding (Post-Issue)54.8%33.97%
Market Cap₹24.03 Cr.₹43.08 Cr.

Shares Offered

In the Anmol India IPO Retail Individual Investors (RII) are offered 14,72,000 shares while in Surani Steel Tubes IPO retail investors are offered 14,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Anmol India IPO and 0 shares in Surani Steel Tubes IPO.

 Anmol India IPOSurani Steel Tubes IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,56,000 shares1,26,000 shares
QIB0 shares
NII14,72,000 shares11,78,000 shares
RII14,72,000 shares11,80,000 shares
Employee0 shares
Total29,44,000 shares23,58,000 shares

Bids Received (Subscription)

Anmol India IPO subscribed 1.56x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.

 Anmol India IPOSurani Steel Tubes IPO
NII (times)1.56x1.80x
RII (times)1.56x1.29x
Total (times)1.56x1.55x

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Anmol India IPO Vs Surani Steel Tubes IPO