Art Nirman IPO vs India Green Reality IPO

Comparison between Art Nirman IPO and India Green Reality IPO.

IPO Details

Art Nirman IPO is a SME Fixed Price IPO proposed to list at NSE SME while India Green Reality IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Art Nirman IPO is up to ₹4.76 Cr whereas the issue size of the India Green Reality IPO is up to ₹9.84 Cr. The final issue price of Art Nirman IPO is ₹25.00 per share and of India Green Reality IPO is ₹30.00 per share.

 Art Nirman IPOIndia Green Reality IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size19,02,000 shares32,80,000 shares
Fresh Issue Size (Amount)up to ₹4.76 Crup to ₹9.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,02,000 shares32,80,000 shares
Issue Size Total (Amount)up to ₹4.76 Crup to ₹9.84 Cr

IPO Timetable

Art Nirman IPO opens on Sep 30, 2016, while India Green Reality IPO opens on Sep 30, 2016. The closing date of Art Nirman IPO and India Green Reality IPO is Oct 07, 2016, and Oct 06, 2016, respectively.

 Art Nirman IPOIndia Green Reality IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 07, 2016Oct 06, 2016
Basis Of Allotment (Tentative)Oct 14, 2016
Listing date (Tentative)Oct 19, 2016Oct 18, 2016

Financials & KPIs

Art Nirman IPO P/E ratio is , as compared to India Green Reality IPO P/E ratio of .

 Art Nirman IPOIndia Green Reality IPO
Financials

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

Company Financials (Restated)

Period Ended31 Mar 201631 Mar 201531 Mar 2014
Assets110.74127.2597.82
Total Income41.371.440.95
Profit After Tax2.28-0.080.15
NET Worth5.643.372.06
Reserves and Surplus3.641.371.45
Total Borrowing8.196.756.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.91%84.20%
Promoter Shareholding (Post-Issue)73.58%61.28%
Market Cap₹19.01 Cr.₹38.13 Cr.

Shares Offered

In the Art Nirman IPO Retail Individual Investors (RII) are offered 9,54,000 shares while in India Green Reality IPO retail investors are offered 9,54,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Art Nirman IPO and 0 shares in India Green Reality IPO.

 Art Nirman IPOIndia Green Reality IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,02,000 shares1,80,000 shares
QIB0 shares0 shares
NII9,48,000 shares16,40,000 shares
RII9,54,000 shares16,40,000 shares
Employee0 shares0 shares
Total19,02,000 shares32,80,000 shares

Bids Received (Subscription)

Art Nirman IPO subscribed 1.66x in total, whereas India Green Reality IPO subscribed 1.09x.

 Art Nirman IPOIndia Green Reality IPO
NII (times)2.38x1.70x
RII (times)0.95x0.48x
Total (times)1.66x1.09x

Compare with others

Compare:

Art Nirman IPO Vs India Green Reality IPO