Comparison between Arvind & Co.Shipping IPO and Canarys Automations IPO.
Arvind & Co.Shipping IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Canarys Automations IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arvind & Co.Shipping IPO | Canarys Automations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Indorient Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Alacrity Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Canarys Automations IPO is up to ₹44.68 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Canarys Automations IPO is ₹31.00 per share.
| Arvind & Co.Shipping IPO | Canarys Automations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹29.00 per share | |
| Issue Price (Upper) | ₹31.00 per share | |
| Issue Price (Final) | ₹45.00 per share | ₹31.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 31,08,000 shares | 1,44,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.99 Cr | up to ₹44.68 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 31,08,000 shares | 1,44,12,000 shares |
| Issue Size Total (Amount) | up to ₹13.99 Cr | up to ₹44.68 Cr |
Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Canarys Automations IPO opens on Sep 27, 2023. The closing date of Arvind & Co.Shipping IPO and Canarys Automations IPO is Oct 16, 2023, and Oct 03, 2023, respectively.
| Arvind & Co.Shipping IPO | Canarys Automations IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Oct 12, 2023 | Sep 27, 2023 |
| Issue Close | Oct 16, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 19, 2023 | Oct 06, 2023 |
| Initiation of Refunds (Tentative) | Oct 20, 2023 | Oct 09, 2023 |
| Credit of Share (Tentative) | Oct 23, 2023 | Oct 10, 2023 |
| Listing date (Tentative) | Oct 25, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | |
| Anchor Lockin End date 2 | Jan 04, 2024 |
Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Canarys Automations IPO P/E ratio of 15.82.
| Arvind & Co.Shipping IPO | Canarys Automations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% between the financial year ending with March 31, 2023 and March 31, 2022.
|
Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 77.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.74 | 15.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.62 Cr. | ₹174.17 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.62 | ₹3.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.88% | 31.64% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Canarys Automations IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and 39,68,000 shares in Canarys Automations IPO.
| Arvind & Co.Shipping IPO | Canarys Automations IPO | |
|---|---|---|
| Anchor Investor Reserveration | 32,32,000 shares | |
| Market Maker Reserveration | 1,68,000 shares | 7,60,000 shares |
| QIB | 39,68,000 shares | |
| NII | 15,54,000 shares | 21,64,000 shares |
| RII | 15,54,000 shares | 50,48,000 shares |
| Employee | ||
| Others | ||
| Total | 31,08,000 shares | 1,44,12,000 shares |
Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas Canarys Automations IPO subscribed 9.94x.
| Arvind & Co.Shipping IPO | Canarys Automations IPO | |
|---|---|---|
| QIB (times) | 2.73x | |
| NII (times) | 436.05x | 14.29x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 321.97x | 11.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 385.03x | 9.94x |
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