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Ashapuri Gold Ornament IPO vs Northern Spirits IPO

Comparison between Ashapuri Gold Ornament IPO and Northern Spirits IPO.

IPO Details

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

 Ashapuri Gold Ornament IPONorthern Spirits IPO
LogoAshapuri Gold Ornament IPO LogoNorthern Spirits IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerNNM Securities Pvt.Ltd.Airan Finstocks 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 Ashapuri Gold Ornament IPO is up to ₹27.81 Cr whereas the issue size of the Northern Spirits IPO is up to ₹17.57 Cr. The final issue price of Ashapuri Gold Ornament IPO is ₹51.00 per share and of Northern Spirits IPO is ₹43.00 per share.

 Ashapuri Gold Ornament IPONorthern Spirits IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size54,52,000 shares40,86,000 shares
Fresh Issue Size (Amount)up to ₹27.81 Crup to ₹17.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,52,000 shares40,86,000 shares
Issue Size Total (Amount)up to ₹27.81 Crup to ₹17.57 Cr

IPO Timetable

Ashapuri Gold Ornament IPO opens on Mar 13, 2019, while Northern Spirits IPO opens on Mar 22, 2019. The closing date of Ashapuri Gold Ornament IPO and Northern Spirits IPO is Mar 18, 2019, and Mar 27, 2019, respectively.

 Ashapuri Gold Ornament IPONorthern Spirits IPO
Anchor Bid Date
Issue OpenMar 13, 2019Mar 22, 2019
Issue CloseMar 18, 2019Mar 27, 2019
Basis Of Allotment (Tentative)Mar 22, 2019
Initiation of Refunds (Tentative)Mar 25, 2019
Credit of Share (Tentative)Mar 26, 2019
Listing date (Tentative)Mar 27, 2019Apr 04, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ashapuri Gold Ornament IPO P/E ratio is , as compared to Northern Spirits IPO P/E ratio of .

 Ashapuri Gold Ornament IPONorthern Spirits IPO
Financials
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
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sept-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 76,92.55 20,40.78 12,55.15 7,84.12 4,63.74 70.00
Total Revenue 48,66.17 25,89.28 17,36.42 3,39.81 1,67.14 1,01.64
Profit After Tax 2,75.44 1,00.63 53.23 (50.85) 9.62 2.21
Promoter Shareholding (Pre-Issue)10090.98
Promoter Shareholding (Post-Issue)7366.59
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ashapuri Gold Ornament IPO Retail Individual Investors (RII) are offered 27,26,000 shares while in Northern Spirits IPO retail investors are offered 27,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashapuri Gold Ornament IPO and in Northern Spirits IPO.

 Ashapuri Gold Ornament IPONorthern Spirits IPO
Anchor Investor Reserveration
Market Maker Reserveration2,98,000 shares2,16,000 shares
QIB
NII27,26,000 shares20,43,000 shares
RII27,26,000 shares20,43,000 shares
Employee
Others
Total54,52,000 shares40,86,000 shares

Bids Received (Subscription)

Ashapuri Gold Ornament IPO subscribed 1.16x in total, whereas Northern Spirits IPO subscribed 1.30x.

 Ashapuri Gold Ornament IPONorthern Spirits IPO
QIB (times)
NII (times)2.07x1.83x
Big NII (times)
Small NII (times)
RII (times)0.25x0.78x
Employee (times)
Other (times)
Total (times)1.16x1.30x