Comparison between India Finsec IPO and Ashapura Intimates Fashion IPO.
India Finsec IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ashapura Intimates Fashion IPO is a SME Fixed Price proposed to list at BSE SME.
| India Finsec IPO | Ashapura Intimates Fashion IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | KJMC Corporate Advisors (India) Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of India Finsec IPO is up to ₹5.00 Cr whereas the issue size of the Ashapura Intimates Fashion IPO is up to ₹19.94 Cr. The final issue price of India Finsec IPO is ₹10.00 per share and of Ashapura Intimates Fashion IPO is ₹40.00 per share.
| India Finsec IPO | Ashapura Intimates Fashion IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 3000 shares |
| Fresh Issue Size | 50,00,000 shares | 49,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.00 Cr | up to ₹19.94 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 | 50,00,000 shares | 49,86,000 shares |
| Issue Size Total (Amount) | up to ₹5.00 Cr | up to ₹19.94 Cr |
India Finsec IPO opens on May 24, 2013, while Ashapura Intimates Fashion IPO opens on Mar 28, 2013. The closing date of India Finsec IPO and Ashapura Intimates Fashion IPO is May 28, 2013, and Apr 04, 2013, respectively.
| India Finsec IPO | Ashapura Intimates Fashion IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 24, 2013 | Mar 28, 2013 |
| Issue Close | May 28, 2013 | Apr 04, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 11, 2013 | Apr 15, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
India Finsec IPO P/E ratio is , as compared to Ashapura Intimates Fashion IPO P/E ratio of .
| India Finsec IPO | Ashapura Intimates Fashion IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 46.88 | 92.72 | ||||
| Promoter Shareholding (Post-Issue) | 35.76 | 67.72 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹19.44 Cr. | ₹2.12 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.25 | 31.09 |
In the India Finsec IPO Retail Individual Investors (RII) are offered 25,00,000 shares while in Ashapura Intimates Fashion IPO retail investors are offered 25,00,000 shares. Qualified Institutional Buyers (QIB) are offered in India Finsec IPO and in Ashapura Intimates Fashion IPO.
| India Finsec IPO | Ashapura Intimates Fashion IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,50,000 shares | 2,64,000 shares |
| QIB | ||
| NII | 25,00,000 shares | 24,93,000 shares |
| RII | 25,00,000 shares | 24,93,000 shares |
| Employee | ||
| Others | ||
| Total | 50,00,000 shares | 49,86,000 shares |
India Finsec IPO subscribed 1.40x in total, whereas Ashapura Intimates Fashion IPO subscribed 1.33x.
| India Finsec IPO | Ashapura Intimates Fashion IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.65x | 2.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.15x | 0.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.40x | 1.33x |
