Comparison between Ashapura Logistics IPO and Kizi Apparels IPO.
Ashapura Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kizi Apparels IPO is a SME Fixed Price proposed to list at BSE SME.
| Ashapura Logistics IPO | Kizi Apparels IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ashapura Logistics IPO is up to ₹50.03 Cr whereas the issue size of the Kizi Apparels IPO is up to ₹5.29 Cr. The final issue price of Ashapura Logistics IPO is ₹144.00 per share and of Kizi Apparels IPO is ₹21.00 per share.
| Ashapura Logistics IPO | Kizi Apparels IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹136.00 per share | |
| Issue Price (Upper) | ₹144.00 per share | |
| Issue Price (Final) | ₹144.00 per share | ₹21.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 6000 shares |
| Fresh Issue Size | 34,74,000 shares | 25,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹50.03 Cr | up to ₹5.29 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 | 34,74,000 shares | 25,20,000 shares |
| Issue Size Total (Amount) | up to ₹50.03 Cr | up to ₹5.29 Cr |
Ashapura Logistics IPO opens on Jul 30, 2024, while Kizi Apparels IPO opens on Jul 30, 2024. The closing date of Ashapura Logistics IPO and Kizi Apparels IPO is Aug 01, 2024, and Aug 01, 2024, respectively.
| Ashapura Logistics IPO | Kizi Apparels IPO | |
|---|---|---|
| Anchor Bid Date | Jul 29, 2024 | |
| Issue Open | Jul 30, 2024 | Jul 30, 2024 |
| Issue Close | Aug 01, 2024 | Aug 01, 2024 |
| Basis Of Allotment (Tentative) | Aug 02, 2024 | Aug 02, 2024 |
| Initiation of Refunds (Tentative) | Aug 05, 2024 | Aug 05, 2024 |
| Credit of Share (Tentative) | Aug 05, 2024 | Aug 05, 2024 |
| Listing date (Tentative) | Aug 06, 2024 | Aug 06, 2024 |
| Anchor Lockin End date 1 | Sep 01, 2024 | |
| Anchor Lockin End date 2 | Oct 31, 2024 |
Ashapura Logistics IPO P/E ratio is 11.54, as compared to Kizi Apparels IPO P/E ratio of 15.01.
| Ashapura Logistics IPO | Kizi Apparels IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.45 | 85.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.51 | 56.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.54 | 15.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹195.21 Cr. | ₹16.42 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.82% | 15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.69% | 14% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.63 | 0.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.48 | ₹1.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.92% | 12.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ashapura Logistics IPO Retail Individual Investors (RII) are offered 12,16,000 shares while in Kizi Apparels IPO retail investors are offered 12,16,000 shares. Qualified Institutional Buyers (QIB) are offered 6,96,000 shares in Ashapura Logistics IPO and in Kizi Apparels IPO.
| Ashapura Logistics IPO | Kizi Apparels IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,40,000 shares | |
| Market Maker Reservation | 1,83,000 shares | 1,38,000 shares |
| QIB | 6,96,000 shares | |
| NII | 5,22,000 shares | 12,60,000 shares |
| RII | 12,16,000 shares | 12,60,000 shares |
| Employee | ||
| Others | ||
| Total | 34,74,000 shares | 25,20,000 shares |
Ashapura Logistics IPO subscribed 185.75x in total, whereas Kizi Apparels IPO subscribed 115.60x.
| Ashapura Logistics IPO | Kizi Apparels IPO | |
|---|---|---|
| QIB (times) | 128.23x | |
| NII (times) | 289.33x | 89.58x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 174.21x | 139.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 185.75x | 115.60x |
