Ascensive Educare IPO vs Precision Metaliks IPO

Comparison between Ascensive Educare IPO and Precision Metaliks IPO.

IPO Details

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

Issue Size and Price

The total issue size of Ascensive Educare IPO is up to ₹2.14 Cr whereas the issue size of the Precision Metaliks IPO is up to ₹20.83 Cr. The final issue price of Ascensive Educare IPO is ₹26.00 per share and of Precision Metaliks IPO is ₹51.00 per share.

 Ascensive Educare IPOPrecision Metaliks IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹26.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size8,24,000 shares40,84,000 shares
Fresh Issue Size (Amount)up to ₹2.14 Crup to ₹20.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,24,000 shares40,84,000 shares
Issue Size Total (Amount)up to ₹2.14 Crup to ₹20.83 Cr

IPO Timetable

Ascensive Educare IPO opens on Dec 30, 2021, while Precision Metaliks IPO opens on Jan 19, 2022. The closing date of Ascensive Educare IPO and Precision Metaliks IPO is Jan 04, 2022, and Jan 24, 2022, respectively.

 Ascensive Educare IPOPrecision Metaliks IPO
Issue OpenDec 30, 2021Jan 19, 2022
Issue CloseJan 04, 2022Jan 24, 2022
Basis Of Allotment (Tentative)Jan 07, 2022Jan 28, 2022
Initiation of Refunds (Tentative)Jan 10, 2022Jan 31, 2022
Credit of Share (Tentative)Jan 11, 2022Feb 01, 2022
Listing date (Tentative)Jan 12, 2022Feb 01, 2022

Financials & KPIs

Ascensive Educare IPO P/E ratio is 18.98, as compared to Precision Metaliks IPO P/E ratio of 19.32.

 Ascensive Educare IPOPrecision Metaliks IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets13.9712.3510.658.22
Total Income3.2110.279.619.18
Profit After Tax0.110.440.430.28
EBITDA0.371.631.560.96
NET Worth3.032.922.491.98
Reserves and Surplus0.610.501.110.68
Total Borrowing5.485.596.055.36
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets20.2321.4813.673.03
Total Income48.1349.2422.180.05
Profit After Tax2.151.490.820.00
EBITDA2.661.650.880.01
NET Worth17.5115.3610.580.47
Reserves and Surplus5.5514.109.550.42
Total Borrowing0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%79.7%
Promoter Shareholding (Post-Issue)72.95%58.62%
P/E Ratio18.9819.32
Market Cap₹8.34 Cr.₹82.92 Cr.
EPS₹14.42
RoNW9.72

Shares Offered

In the Ascensive Educare IPO Retail Individual Investors (RII) are offered 4,12,000 shares while in Precision Metaliks IPO retail investors are offered 4,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascensive Educare IPO and in Precision Metaliks IPO.

 Ascensive Educare IPOPrecision Metaliks IPO
Market Maker Reservation44,000 shares2,16,000 shares
NII4,12,000 shares20,42,000 shares
RII4,12,000 shares20,42,000 shares
Total8,24,000 shares40,84,000 shares

Bids Received (Subscription)

Ascensive Educare IPO subscribed 2.67x in total, whereas Precision Metaliks IPO subscribed 7.36x.

 Ascensive Educare IPOPrecision Metaliks IPO
NII (times)1.24x2.81x
RII (times)4.11x11.90x
Total (times)2.67x7.36x

Compare with others

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Ascensive Educare IPO Vs Precision Metaliks IPO