Ashoka Metcast IPO vs Gautam Gems IPO

Comparison between Ashoka Metcast IPO and Gautam Gems IPO.

IPO Details

Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gautam Gems IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the Gautam Gems IPO is up to ₹7.18 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Gautam Gems IPO is ₹36.00 per share.

 Ashoka Metcast IPOGautam Gems IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares3000 shares
Fresh Issue Size56,88,000 shares19,95,000 shares
Fresh Issue Size (Amount)up to ₹11.38 Crup to ₹7.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total56,88,000 shares19,95,000 shares
Issue Size Total (Amount)up to ₹11.38 Crup to ₹7.18 Cr

IPO Timetable

Ashoka Metcast IPO opens on Jan 23, 2018, while Gautam Gems IPO opens on Jan 24, 2018. The closing date of Ashoka Metcast IPO and Gautam Gems IPO is Jan 25, 2018, and Jan 30, 2018, respectively.

 Ashoka Metcast IPOGautam Gems IPO
Issue OpenJan 23, 2018Jan 24, 2018
Issue CloseJan 25, 2018Jan 30, 2018
Basis Of Allotment (Tentative)Jan 31, 2018
Listing date (Tentative)Feb 05, 2018Feb 07, 2018

Financials & KPIs

Ashoka Metcast IPO P/E ratio is , as compared to Gautam Gems IPO P/E ratio of .

 Ashoka Metcast IPOGautam Gems IPO
Financials

Company Financials (Restated)

Period Ended15 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets16.5910.5818.281.28
Total Income6.520.100.000.01
Profit After Tax0.050.010.000.01
NET Worth9.320.010.000.00
Reserves and Surplus4.760.00-0.01-0.01
Total Borrowing5.050.101.28
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets11.376.020.010.01
Total Income11.540.040.040.04
Profit After Tax0.410.000.000.00
NET Worth5.420.010.010.01
Reserves and Surplus2.280.000.000.00
Total Borrowing3.210.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%99.97%
Promoter Shareholding (Post-Issue)43.98%61.74%
Market Cap₹21.42 Cr.₹19.77 Cr.

Shares Offered

In the Ashoka Metcast IPO Retail Individual Investors (RII) are offered 28,44,000 shares while in Gautam Gems IPO retail investors are offered 28,44,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ashoka Metcast IPO and 0 shares in Gautam Gems IPO.

 Ashoka Metcast IPOGautam Gems IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,12,000 shares1,05,000 shares
QIB0 shares0 shares
NII28,44,000 shares9,97,500 shares
RII28,44,000 shares9,97,500 shares
Employee0 shares0 shares
Total56,88,000 shares19,95,000 shares

Bids Received (Subscription)

Ashoka Metcast IPO subscribed 1.57x in total, whereas Gautam Gems IPO subscribed 5.20x.

 Ashoka Metcast IPOGautam Gems IPO
NII (times)0.51x0.78x
RII (times)2.63x9.61x
Total (times)1.57x5.20x

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Ashoka Metcast IPO Vs Gautam Gems IPO