Agro Phos IPO vs Art Nirman IPO

Comparison between Agro Phos IPO and Art Nirman IPO.

IPO Details

Agro Phos IPO is a SME Fixed Price IPO proposed to list at NSE SME while Art Nirman IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Agro Phos IPO is up to ₹12.25 Cr whereas the issue size of the Art Nirman IPO is up to ₹4.76 Cr. The final issue price of Agro Phos IPO is ₹22.00 per share and of Art Nirman IPO is ₹25.00 per share.

 Agro Phos IPOArt Nirman IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹19.00 per share
Issue Price (Upper)₹22.00 per share
Issue Price (Final)₹22.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares6000 shares
Fresh Issue Size55,68,000 shares19,02,000 shares
Fresh Issue Size (Amount)up to ₹12.25 Crup to ₹4.76 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total55,68,000 shares19,02,000 shares
Issue Size Total (Amount)up to ₹12.25 Crup to ₹4.76 Cr

IPO Timetable

Agro Phos IPO opens on Oct 27, 2016, while Art Nirman IPO opens on Sep 30, 2016. The closing date of Agro Phos IPO and Art Nirman IPO is Nov 07, 2016, and Oct 07, 2016, respectively.

 Agro Phos IPOArt Nirman IPO
Issue OpenOct 27, 2016Sep 30, 2016
Issue CloseNov 07, 2016Oct 07, 2016
Basis Of Allotment (Tentative)Nov 10, 2016Oct 14, 2016
Listing date (Tentative)Nov 16, 2016Oct 19, 2016

Financials & KPIs

Agro Phos IPO P/E ratio is , as compared to Art Nirman IPO P/E ratio of .

 Agro Phos IPOArt Nirman IPO
Financials

Company Financials (Restated)

Period Ended30 Apr 201631 Mar 201631 Mar 201531 Mar 2014
Assets70.5470.3752.3235.69
Total Income3.6572.7765.8062.29
Profit After Tax0.073.5310.081.28
NET Worth24.2524.1820.509.53
Reserves and Surplus21.3721.3017.628.06
Total Borrowing20.1620.4517.3012.36
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets18.1924.1112.10
Total Income25.640.010.01
Profit After Tax0.470.020.02
NET Worth4.500.040.02
Reserves and Surplus0.500.030.01
Total Borrowing2.056.945.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.44%99.91%
Promoter Shareholding (Post-Issue)54.27%73.58%
Market Cap₹44.60 Cr.₹19.01 Cr.

Shares Offered

In the Agro Phos IPO Retail Individual Investors (RII) are offered 27,84,000 shares while in Art Nirman IPO retail investors are offered 27,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Agro Phos IPO and 0 shares in Art Nirman IPO.

 Agro Phos IPOArt Nirman IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,12,000 shares1,02,000 shares
QIB0 shares0 shares
NII27,84,000 shares9,48,000 shares
RII27,84,000 shares9,54,000 shares
Employee0 shares0 shares
Total55,68,000 shares19,02,000 shares

Bids Received (Subscription)

Agro Phos IPO subscribed 18.27x in total, whereas Art Nirman IPO subscribed 1.66x.

 Agro Phos IPOArt Nirman IPO
NII (times)16.35x2.38x
RII (times)20.19x0.95x
Total (times)18.27x1.66x

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Agro Phos IPO Vs Art Nirman IPO