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AB Cotspin IPO vs Ascensive Educare IPO

Comparison between AB Cotspin IPO and Ascensive Educare IPO.

IPO Details

AB Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ascensive Educare IPO is a SME Fixed Price proposed to list at BSE SME.

 AB Cotspin IPOAscensive Educare IPO
LogoAB Cotspin IPO LogoAscensive Educare IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerPentagon Stock Brokers Pvt.Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of AB Cotspin IPO is up to ₹9.58 Cr whereas the issue size of the Ascensive Educare IPO is up to ₹2.14 Cr. The final issue price of AB Cotspin IPO is ₹35.00 per share and of Ascensive Educare IPO is ₹26.00 per share.

 AB Cotspin IPOAscensive Educare IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹35.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares4000 shares
Fresh Issue Size27,36,000 shares8,24,000 shares
Fresh Issue Size (Amount)up to ₹9.58 Crup to ₹2.14 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,36,000 shares8,24,000 shares
Issue Size Total (Amount)up to ₹9.58 Crup to ₹2.14 Cr

IPO Timetable

AB Cotspin IPO opens on Dec 30, 2021, while Ascensive Educare IPO opens on Dec 30, 2021. The closing date of AB Cotspin IPO and Ascensive Educare IPO is Jan 03, 2022, and Jan 04, 2022, respectively.

 AB Cotspin IPOAscensive Educare IPO
Anchor Bid Date
Issue OpenDec 30, 2021Dec 30, 2021
Issue CloseJan 03, 2022Jan 04, 2022
Basis Of Allotment (Tentative)Jan 06, 2022Jan 07, 2022
Initiation of Refunds (Tentative)Jan 07, 2022Jan 10, 2022
Credit of Share (Tentative)Jan 10, 2022Jan 11, 2022
Listing date (Tentative)Jan 11, 2022Jan 12, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

AB Cotspin IPO P/E ratio is 2.71, as compared to Ascensive Educare IPO P/E ratio of 18.98.

 AB Cotspin IPOAscensive Educare IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Jun-21 31-Mar-21 31-Mar-20
Total Assets 718.42 636.96 527.61
Total Revenue 305.34 1,155.67 942.81
Profit After Tax 33.22 38.78 7.57
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 139.73 123.45 106.46 82.24
Total Revenue 32.13 102.73 96.13 91.83
Profit After Tax 1.09 4.40 4.34 2.80
Promoter Shareholding (Pre-Issue)48.50100.00
Promoter Shareholding (Post-Issue)34.9172.95
P/E Ratio2.7118.98
Market Cap₹36.02 Cr.₹8.34 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the AB Cotspin IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Ascensive Educare IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered in AB Cotspin IPO and in Ascensive Educare IPO.

 AB Cotspin IPOAscensive Educare IPO
Anchor Investor Reserveration
Market Maker Reserveration1,48,000 shares44,000 shares
QIB
NII13,68,000 shares4,12,000 shares
RII13,68,000 shares4,12,000 shares
Employee
Others
Total27,36,000 shares8,24,000 shares

Bids Received (Subscription)

AB Cotspin IPO subscribed 13.46x in total, whereas Ascensive Educare IPO subscribed 2.67x.

 AB Cotspin IPOAscensive Educare IPO
QIB (times)
NII (times)9.45x1.24x
Big NII (times)
Small NII (times)
RII (times)17.47x4.11x
Employee (times)
Other (times)
Total (times)13.46x2.67x