Art Nirman IPO vs Shashijit Infraprojects IPO

Comparison between Art Nirman IPO and Shashijit Infraprojects IPO.

IPO Details

Art Nirman IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shashijit Infraprojects 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 Shashijit Infraprojects IPO is up to ₹3.31 Cr. The final issue price of Art Nirman IPO is ₹25.00 per share and of Shashijit Infraprojects IPO is ₹15.00 per share.

 Art Nirman IPOShashijit Infraprojects IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹25.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares8000 shares
Fresh Issue Size19,02,000 shares22,08,000 shares
Fresh Issue Size (Amount)up to ₹4.76 Crup to ₹3.31 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,02,000 shares22,08,000 shares
Issue Size Total (Amount)up to ₹4.76 Crup to ₹3.31 Cr

IPO Timetable

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

 Art Nirman IPOShashijit Infraprojects IPO
Issue OpenSep 30, 2016Sep 30, 2016
Issue CloseOct 07, 2016Oct 06, 2016
Basis Of Allotment (Tentative)Oct 14, 2016Oct 10, 2016
Listing date (Tentative)Oct 19, 2016Oct 17, 2016

Financials & KPIs

Art Nirman IPO P/E ratio is , as compared to Shashijit Infraprojects IPO P/E ratio of .

 Art Nirman IPOShashijit Infraprojects 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
Assets14.9914.9215.32
Total Income24.3129.3747.68
Profit After Tax0.970.691.73
NET Worth7.046.095.43
Reserves and Surplus6.996.045.38
Total Borrowing2.513.331.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.91%99.99%
Promoter Shareholding (Post-Issue)73.58%72.99%
Market Cap₹19.01 Cr.₹12.93 Cr.
RoNW13.78

Shares Offered

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

 Art Nirman IPOShashijit Infraprojects IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,02,000 shares1,20,000 shares
QIB0 shares
NII9,48,000 shares11,04,000 shares
RII9,54,000 shares11,04,000 shares
Employee0 shares
Total19,02,000 shares22,08,000 shares

Bids Received (Subscription)

Art Nirman IPO subscribed 1.66x in total, whereas Shashijit Infraprojects IPO subscribed 1.27x.

 Art Nirman IPOShashijit Infraprojects IPO
NII (times)2.38x1.98x
RII (times)0.95x0.57x
Total (times)1.66x1.27x

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Art Nirman IPO Vs Shashijit Infraprojects IPO