Comparison between Arihant Academy IPO and Dollex Agrotech IPO.
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 IPO | Dollex Agrotech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Dollex 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 Size | 1600 shares | 4000 shares |
| Fresh Issue Size | 15,52,000 shares | 46,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.97 Cr | up to ₹16.16 Cr |
| OFS Issue Size | 0 shares | 20,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7.00 Cr |
| Issue Size Total | 15,52,000 shares | 66,16,000 shares |
| Issue Size Total (Amount) | up to ₹13.97 Cr | up to ₹23.16 Cr |
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 IPO | Dollex Agrotech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 16, 2022 | Dec 15, 2022 |
| Issue Close | Dec 21, 2022 | Dec 20, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 23, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Dec 26, 2022 |
| Credit of Share (Tentative) | Dec 28, 2022 | Dec 27, 2022 |
| Listing date (Tentative) | Dec 29, 2022 | Dec 28, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arihant Academy IPO P/E ratio is 19.11, as compared to Dollex Agrotech IPO P/E ratio of 14.46.
| Arihant Academy IPO | Dollex Agrotech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.00 | 71.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.11 | 14.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.50 Cr. | ₹87.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 51.46 | 12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 66.27 | 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 1.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2018.61 | ₹1.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.98 | 12.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Dollex Agrotech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 83,200 shares | 3,52,000 shares |
| QIB | ||
| NII | 7,76,000 shares | 33,08,000 shares |
| RII | 7,76,000 shares | 33,08,000 shares |
| Employee | ||
| Others | ||
| Total | 15,52,000 shares | 66,16,000 shares |
Arihant Academy IPO subscribed 235.87x in total, whereas Dollex Agrotech IPO subscribed 1.88x.
| Arihant Academy IPO | Dollex Agrotech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 242.89x | 1.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.85x | 2.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 235.87x | 1.88x |
