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Arihant Academy IPO vs Dollex Agrotech IPO

Comparison between Arihant Academy IPO and Dollex Agrotech IPO.

IPO Details

Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Dollex Agrotech IPO is a SME Fixed Price proposed to list at NSE SME.

 Arihant Academy IPODollex Agrotech IPO
LogoArihant Academy IPO LogoDollex Agrotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.Expert Global Consultants Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Nikunj Stock Brokers 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 Dollex Agrotech IPO is up to ₹23.16 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of Dollex Agrotech IPO is ₹35.00 per share.

 Arihant Academy IPODollex Agrotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares4000 shares
Fresh Issue Size15,52,000 shares46,16,000 shares
Fresh Issue Size (Amount)up to ₹13.97 Crup to ₹16.16 Cr
OFS Issue Size0 shares20,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹7.00 Cr
Issue Size Total15,52,000 shares66,16,000 shares
Issue Size Total (Amount)up to ₹13.97 Crup to ₹23.16 Cr

IPO Timetable

Arihant Academy IPO opens on Dec 16, 2022, while Dollex Agrotech IPO opens on Dec 15, 2022. The closing date of Arihant Academy IPO and Dollex Agrotech IPO is Dec 21, 2022, and Dec 20, 2022, respectively.

 Arihant Academy IPODollex Agrotech IPO
Anchor Bid Date
Issue OpenDec 16, 2022Dec 15, 2022
Issue CloseDec 21, 2022Dec 20, 2022
Basis Of Allotment (Tentative)Dec 26, 2022Dec 23, 2022
Initiation of Refunds (Tentative)Dec 27, 2022Dec 26, 2022
Credit of Share (Tentative)Dec 28, 2022Dec 27, 2022
Listing date (Tentative)Dec 29, 2022Dec 28, 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 Dollex Agrotech IPO P/E ratio of 14.46.

 Arihant Academy IPODollex Agrotech 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
Dollex Agrotech Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-208884.952590.0857.791155.34155.345205.23
31-Mar-2110499.287748.42167.432322.77322.775025.41
31-Mar-2211355.877962.58326.92649.67649.674447.31
30-Jun-2211093.62840.81151.262800.93800.934560.1
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0099.50
Promoter Shareholding (Post-Issue)73.0071.69
P/E Ratio19.1114.46
Market Cap₹54.50 Cr.₹87.39 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 Dollex Agrotech IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in Dollex Agrotech IPO.

 Arihant Academy IPODollex Agrotech IPO
Anchor Investor Reserveration
Market Maker Reserveration83,200 shares3,52,000 shares
QIB
NII7,76,000 shares33,08,000 shares
RII7,76,000 shares33,08,000 shares
Employee
Others
Total15,52,000 shares66,16,000 shares

Bids Received (Subscription)

Arihant Academy IPO subscribed 235.87x in total, whereas Dollex Agrotech IPO subscribed 1.88x.

 Arihant Academy IPODollex Agrotech IPO
QIB (times)
NII (times)242.89x1.46x
Big NII (times)
Small NII (times)
RII (times)228.85x2.29x
Employee (times)
Other (times)
Total (times)235.87x1.88x