Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Aartech Solonics IPO vs Ashapuri Gold Ornament IPO

Comparison between Aartech Solonics IPO and Ashapuri Gold Ornament IPO.

IPO Details

Aartech Solonics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ashapuri Gold Ornament IPO is a SME Fixed Price proposed to list at BSE SME.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
LogoAartech Solonics IPO LogoAshapuri Gold Ornament IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSwastika Investmart Ltd.NNM Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aartech Solonics IPO is up to ₹6.83 Cr whereas the issue size of the Ashapuri Gold Ornament IPO is up to ₹27.81 Cr. The final issue price of Aartech Solonics IPO is ₹34.00 per share and of Ashapuri Gold Ornament IPO is ₹51.00 per share.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹34.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares2000 shares
Fresh Issue Size20,08,000 shares54,52,000 shares
Fresh Issue Size (Amount)up to ₹6.83 Crup to ₹27.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,08,000 shares54,52,000 shares
Issue Size Total (Amount)up to ₹6.83 Crup to ₹27.81 Cr

IPO Timetable

Aartech Solonics IPO opens on Mar 12, 2019, while Ashapuri Gold Ornament IPO opens on Mar 13, 2019. The closing date of Aartech Solonics IPO and Ashapuri Gold Ornament IPO is Mar 18, 2019, and Mar 18, 2019, respectively.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Anchor Bid Date
Issue OpenMar 12, 2019Mar 13, 2019
Issue CloseMar 18, 2019Mar 18, 2019
Basis Of Allotment (Tentative)Mar 22, 2019Mar 22, 2019
Initiation of Refunds (Tentative)Mar 25, 2019Mar 25, 2019
Credit of Share (Tentative)Mar 25, 2019Mar 26, 2019
Listing date (Tentative)Mar 27, 2019Mar 27, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aartech Solonics IPO P/E ratio is , as compared to Ashapuri Gold Ornament IPO P/E ratio of .

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 1,941.52 1,938.08 1,945.78 1,872.11 1,922.00 1,804.34
Total Revenue 416.69 1,208.50 1,342.05 1,025.84 994.35 953.79
Profit After Tax 60.09 117.58 30.09 22.81 112.62 (70.41)
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Nov-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 1,609.52 1,454.00 1,557.90 1,684.27
Total Revenue 4,951.27 4,692.92 3,729.42 5,562.73
Profit After Tax 31.85 7.30 3.97 6.40
Promoter Shareholding (Pre-Issue)74.85100
Promoter Shareholding (Post-Issue)52.3873
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Aartech Solonics IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Ashapuri Gold Ornament IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Aartech Solonics IPO and in Ashapuri Gold Ornament IPO.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
Anchor Investor Reserveration
Market Maker Reserveration1,12,000 shares2,98,000 shares
QIB
NII10,04,000 shares27,26,000 shares
RII10,04,000 shares27,26,000 shares
Employee
Others
Total20,08,000 shares54,52,000 shares

Bids Received (Subscription)

Aartech Solonics IPO subscribed 2.00x in total, whereas Ashapuri Gold Ornament IPO subscribed 1.16x.

 Aartech Solonics IPOAshapuri Gold Ornament IPO
QIB (times)
NII (times)2.35x2.07x
Big NII (times)
Small NII (times)
RII (times)1.64x0.25x
Employee (times)
Other (times)
Total (times)2.00x1.16x