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Ashoka Metcast IPO vs Gujarat Hy-Spin IPO

Comparison between Ashoka Metcast IPO and Gujarat Hy-Spin IPO.

IPO Details

Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Gujarat Hy-Spin IPO is a SME Fixed Price proposed to list at BSE SME.

 Ashoka Metcast IPOGujarat Hy-Spin IPO
LogoAshoka Metcast IPO LogoGujarat Hy-Spin IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersAryaman Financial Services Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerAryaman Capital Markets Ltd.Pantomath Stock Brokers 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 Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the Gujarat Hy-Spin IPO is up to ₹4.22 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Gujarat Hy-Spin IPO is ₹10.00 per share.

 Ashoka Metcast IPOGujarat Hy-Spin IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares10000 shares
Fresh Issue Size56,88,000 shares0 shares
Fresh Issue Size (Amount)up to ₹11.38 Crup to ₹0.00 Cr
OFS Issue Size0 shares42,20,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.22 Cr
Issue Size Total56,88,000 shares42,20,000 shares
Issue Size Total (Amount)up to ₹11.38 Crup to ₹4.22 Cr

IPO Timetable

Ashoka Metcast IPO opens on Jan 23, 2018, while Gujarat Hy-Spin IPO opens on Jan 25, 2018. The closing date of Ashoka Metcast IPO and Gujarat Hy-Spin IPO is Jan 25, 2018, and Jan 31, 2018, respectively.

 Ashoka Metcast IPOGujarat Hy-Spin IPO
Anchor Bid Date
Issue OpenJan 23, 2018Jan 25, 2018
Issue CloseJan 25, 2018Jan 31, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)Feb 05, 2018Feb 08, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ashoka Metcast IPO P/E ratio is , as compared to Gujarat Hy-Spin IPO P/E ratio of .

 Ashoka Metcast IPOGujarat Hy-Spin IPO
Financials
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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

 Ashoka Metcast IPOGujarat Hy-Spin IPO
Anchor Investor Reserveration
Market Maker Reserveration3,12,000 shares2,30,000 shares
QIB
NII28,44,000 shares21,10,000 shares
RII28,44,000 shares21,10,000 shares
Employee
Others
Total56,88,000 shares42,20,000 shares

Bids Received (Subscription)

Ashoka Metcast IPO subscribed 1.57x in total, whereas Gujarat Hy-Spin IPO subscribed 4.81x.

 Ashoka Metcast IPOGujarat Hy-Spin IPO
QIB (times)
NII (times)0.51x1.89x
Big NII (times)
Small NII (times)
RII (times)2.63x7.73x
Employee (times)
Other (times)
Total (times)1.57x4.81x