Comparison between Ashapura Logistics IPO and Trom Industries IPO.
Ashapura Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.
| Ashapura Logistics IPO | Trom Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | 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 Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Ashapura Logistics IPO is ₹144.00 per share and of Trom Industries IPO is ₹115.00 per share.
| Ashapura Logistics IPO | Trom Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹136.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹144.00 per share | ₹115.00 per share |
| Issue Price (Final) | ₹144.00 per share | ₹115.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 34,74,000 shares | 25,90,800 shares |
| Fresh Issue Size (Amount) | up to ₹50.03 Cr | up to ₹29.79 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 | 25,90,800 shares |
| Issue Size Total (Amount) | up to ₹50.03 Cr | up to ₹29.79 Cr |
Ashapura Logistics IPO opens on Jul 30, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Ashapura Logistics IPO and Trom Industries IPO is Aug 01, 2024, and Jul 29, 2024, respectively.
| Ashapura Logistics IPO | Trom Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 29, 2024 | Jul 24, 2024 |
| Issue Open | Jul 30, 2024 | Jul 25, 2024 |
| Issue Close | Aug 01, 2024 | Jul 29, 2024 |
| Basis Of Allotment (Tentative) | Aug 02, 2024 | Jul 30, 2024 |
| Initiation of Refunds (Tentative) | Aug 05, 2024 | Jul 31, 2024 |
| Credit of Share (Tentative) | Aug 05, 2024 | Jul 31, 2024 |
| Listing date (Tentative) | Aug 06, 2024 | Aug 01, 2024 |
| Anchor Lockin End date 1 | Sep 01, 2024 | Aug 29, 2024 |
| Anchor Lockin End date 2 | Oct 31, 2024 | Oct 28, 2024 |
Ashapura Logistics IPO P/E ratio is 11.54, as compared to Trom Industries IPO P/E ratio of 12.98.
| Ashapura Logistics IPO | Trom Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.45 | 98.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.51 | 69.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.54 | 12.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹195.21 Cr. | ₹105.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.82 | 77.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.69 | 47.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.63 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.48 | ₹8.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.92 | 77.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ashapura Logistics IPO Retail Individual Investors (RII) are offered 12,16,000 shares while in Trom Industries IPO retail investors are offered 12,16,000 shares. Qualified Institutional Buyers (QIB) are offered 6,96,000 shares in Ashapura Logistics IPO and 5,18,400 shares in Trom Industries IPO.
| Ashapura Logistics IPO | Trom Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,40,000 shares | 7,76,400 shares |
| Market Maker Reservation | 1,83,000 shares | 1,36,800 shares |
| QIB | 6,96,000 shares | 5,18,400 shares |
| NII | 5,22,000 shares | 3,88,800 shares |
| RII | 12,16,000 shares | 9,07,200 shares |
| Employee | ||
| Others | ||
| Total | 34,74,000 shares | 25,90,800 shares |
Ashapura Logistics IPO subscribed 185.75x in total, whereas Trom Industries IPO subscribed 459.00x.
| Ashapura Logistics IPO | Trom Industries IPO | |
|---|---|---|
| QIB (times) | 128.23x | 197.07x |
| NII (times) | 289.33x | 751.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 174.21x | 483.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 185.75x | 459.00x |
