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Arihant Academy IPO vs Baheti Recycling Industries IPO

Comparison between Arihant Academy IPO and Baheti Recycling Industries IPO.

IPO Details

Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Baheti Recycling Industries IPO is a SME Fixed Price proposed to list at NSE SME.

 Arihant Academy IPOBaheti Recycling Industries IPO
LogoArihant Academy IPO LogoBaheti Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerShreni Shares Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the Baheti Recycling Industries IPO is up to ₹11.76 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of Baheti Recycling Industries IPO is ₹45.00 per share.

 Arihant Academy IPOBaheti Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size15,52,000 shares26,13,000 shares
Fresh Issue Size (Amount)up to ₹13.97 Crup to ₹11.76 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,52,000 shares26,13,000 shares
Issue Size Total (Amount)up to ₹13.97 Crup to ₹11.76 Cr

IPO Timetable

Arihant Academy IPO opens on Dec 16, 2022, while Baheti Recycling Industries IPO opens on Nov 28, 2022. The closing date of Arihant Academy IPO and Baheti Recycling Industries IPO is Dec 21, 2022, and Nov 30, 2022, respectively.

 Arihant Academy IPOBaheti Recycling Industries IPO
Anchor Bid Date
Issue OpenDec 16, 2022Nov 28, 2022
Issue CloseDec 21, 2022Nov 30, 2022
Basis Of Allotment (Tentative)Dec 26, 2022Dec 05, 2022
Initiation of Refunds (Tentative)Dec 27, 2022Dec 06, 2022
Credit of Share (Tentative)Dec 28, 2022Dec 07, 2022
Listing date (Tentative)Dec 29, 2022Dec 08, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Arihant Academy IPO P/E ratio is 19.11, as compared to Baheti Recycling Industries IPO P/E ratio of 13.55.

 Arihant Academy IPOBaheti Recycling Industries IPO
Financials
Arihant Academy Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20814.31921.1242.09177.17177.1789.38
31-Mar-21829.091409.77112.56289.73289.7348.98
31-Mar-221104.261531.97201.86491.59491.59127.6
Amount in ₹ Lakhs
Baheti Recycling Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-204535.0910595.8419.191033.236583118.89
31-Mar-21630112780.0247.781081.02706.023789.61
31-Mar-228190.3924926.06291.981669.5112135074.81
31-May-227939.48575757.361726.871270.364536.31
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0099.98
Promoter Shareholding (Post-Issue)73.0073.37
P/E Ratio19.1113.55
Market Cap₹54.50 Cr.₹46.66 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in Baheti Recycling Industries IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in Baheti Recycling Industries IPO.

 Arihant Academy IPOBaheti Recycling Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration83,200 shares1,47,000 shares
QIB
NII7,76,000 shares13,05,000 shares
RII7,76,000 shares13,08,000 shares
Employee
Others
Total15,52,000 shares26,13,000 shares

Bids Received (Subscription)

Arihant Academy IPO subscribed 235.87x in total, whereas Baheti Recycling Industries IPO subscribed 347.53x.

 Arihant Academy IPOBaheti Recycling Industries IPO
QIB (times)
NII (times)242.89x259.21x
Big NII (times)
Small NII (times)
RII (times)228.85x435.65x
Employee (times)
Other (times)
Total (times)235.87x347.53x