Comparison between Arabian Petroleum IPO and Saakshi Medtech IPO.
Arabian Petroleum IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Saakshi Medtech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arabian Petroleum IPO | Saakshi Medtech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Hem Securities Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Saakshi Medtech IPO is up to ₹42.88 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Saakshi Medtech IPO is ₹97.00 per share.
| Arabian Petroleum IPO | Saakshi Medtech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹97.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 27,44,000 shares | 44,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹19.21 Cr | up to ₹42.88 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 27,44,000 shares | 44,20,800 shares |
| Issue Size Total (Amount) | up to ₹19.21 Cr | up to ₹42.88 Cr |
Arabian Petroleum IPO opens on Sep 25, 2023, while Saakshi Medtech IPO opens on Sep 25, 2023. The closing date of Arabian Petroleum IPO and Saakshi Medtech IPO is Sep 27, 2023, and Sep 27, 2023, respectively.
| Arabian Petroleum IPO | Saakshi Medtech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | |
| Issue Open | Sep 25, 2023 | Sep 25, 2023 |
| Issue Close | Sep 27, 2023 | Sep 27, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 03, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 04, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 05, 2023 |
| Listing date (Tentative) | Oct 09, 2023 | Oct 03, 2023 |
| Anchor Lockin End date 1 | Nov 02, 2023 | |
| Anchor Lockin End date 2 | Jan 01, 2024 |
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Saakshi Medtech IPO P/E ratio of 10.18.
| Arabian Petroleum IPO | Saakshi Medtech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.45 | 73.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.51 | 10.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.24 Cr. | ₹171.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.08% | 34.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.47% | 28.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.08 | ₹9.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.08% | 29.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Saakshi Medtech IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and 8,84,400 shares in Saakshi Medtech IPO.
| Arabian Petroleum IPO | Saakshi Medtech IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,24,800 shares | |
| Market Maker Reservation | 1,48,000 shares | 2,35,200 shares |
| QIB | 8,84,400 shares | |
| NII | 13,72,000 shares | 6,63,600 shares |
| RII | 13,72,000 shares | 15,48,000 shares |
| Employee | ||
| Others | ||
| Total | 27,44,000 shares | 44,20,800 shares |
Arabian Petroleum IPO subscribed 19.91x in total, whereas Saakshi Medtech IPO subscribed 91.65x.
| Arabian Petroleum IPO | Saakshi Medtech IPO | |
|---|---|---|
| QIB (times) | 37.35x | |
| NII (times) | 15.72x | 200.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.19x | 75.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.91x | 91.65x |
