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Aristo Bio-Tech IPO vs Earthstahl IPO

Comparison between Aristo Bio-Tech IPO and Earthstahl IPO.

IPO Details

Aristo Bio-Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Earthstahl IPO is a SME Bookbuilding proposed to list at BSE SME.

 Aristo Bio-Tech IPOEarthstahl IPO
LogoAristo Bio-Tech IPO LogoEarthstahl IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aristo Bio-Tech IPO is up to ₹12.40 Cr whereas the issue size of the Earthstahl IPO is up to ₹12.29 Cr. The final issue price of Aristo Bio-Tech IPO is ₹72.00 per share and of Earthstahl IPO is ₹40.00 per share.

 Aristo Bio-Tech IPOEarthstahl IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹38.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹72.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size17,21,600 shares30,72,000 shares
Fresh Issue Size (Amount)up to ₹12.40 Crup to ₹12.29 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,21,600 shares30,72,000 shares
Issue Size Total (Amount)up to ₹12.40 Crup to ₹12.29 Cr

IPO Timetable

Aristo Bio-Tech IPO opens on Jan 16, 2023, while Earthstahl IPO opens on Jan 27, 2023. The closing date of Aristo Bio-Tech IPO and Earthstahl IPO is Jan 19, 2023, and Jan 31, 2023, respectively.

 Aristo Bio-Tech IPOEarthstahl IPO
Anchor Bid Date
Issue OpenJan 16, 2023Jan 27, 2023
Issue CloseJan 19, 2023Jan 31, 2023
Basis Of Allotment (Tentative)Jan 24, 2023Feb 03, 2023
Initiation of Refunds (Tentative)Jan 25, 2023Feb 06, 2023
Credit of Share (Tentative)Jan 27, 2023Feb 07, 2023
Listing date (Tentative)Jan 30, 2023Feb 08, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aristo Bio-Tech IPO P/E ratio is 9.46, as compared to Earthstahl IPO P/E ratio of 4.22.

 Aristo Bio-Tech IPOEarthstahl IPO
Financials
Aristo Bio-Tech and Lifescience Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-208,785.1220,123.94100.741,230.51731.011,970.97
31-Mar-218,141.7316,722.96107.571,338.08838.582,224.77
31-Mar-227,700.1616,603.29146.171,484.25984.752,548.43
30-Sep-2210,869.1412,907.49258.901,743.151,243.652,935.53
Amount in ₹ Lakhs
Earthstahl & Alloys Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,990.733,181.58-33.4944.24200.221,733.71
31-Mar-212,817.232,457.53267.31311.55467.531,396.82
31-Mar-223,592.614,907.54745.481,057.031,213.011,399.97
30-Sep-224,303.344,824.68580.471,637.501,793.481,092.93
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.3773.53
P/E Ratio9.464.22
Market Cap₹49.02 Cr.₹48.96 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Aristo Bio-Tech IPO Retail Individual Investors (RII) are offered 8,60,800 shares while in Earthstahl IPO retail investors are offered 8,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Aristo Bio-Tech IPO and 9,18,000 shares in Earthstahl IPO.

 Aristo Bio-Tech IPOEarthstahl IPO
Anchor Investor Reserveration
Market Maker Reserveration91,200 shares1,68,000 shares
QIB9,18,000 shares
NII8,60,800 shares10,77,000 shares
RII8,60,800 shares10,77,000 shares
Employee
Others
Total17,21,600 shares30,72,000 shares

Bids Received (Subscription)

Aristo Bio-Tech IPO subscribed 217.72x in total, whereas Earthstahl IPO subscribed 235.18x.

 Aristo Bio-Tech IPOEarthstahl IPO
QIB (times)39.83x
NII (times)285.84x445.09x
Big NII (times)
Small NII (times)
RII (times)149.59x191.77x
Employee (times)
Other (times)
Total (times)217.72x235.18x