ASL Industries IPO vs Focus Lighting IPO

Comparison between ASL Industries IPO and Focus Lighting IPO.

IPO Details

ASL Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Focus Lighting IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of ASL Industries IPO is up to ₹9.30 Cr whereas the issue size of the Focus Lighting IPO is up to ₹3.83 Cr. The final issue price of ASL Industries IPO is ₹35.00 per share and of Focus Lighting IPO is ₹45.00 per share.

 ASL Industries IPOFocus Lighting IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹35.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size26,56,000 shares8,52,000 shares
Fresh Issue Size (Amount)up to ₹9.30 Crup to ₹3.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,56,000 shares8,52,000 shares
Issue Size Total (Amount)up to ₹9.30 Crup to ₹3.83 Cr

IPO Timetable

ASL Industries IPO opens on Mar 31, 2017, while Focus Lighting IPO opens on Mar 30, 2017. The closing date of ASL Industries IPO and Focus Lighting IPO is Apr 07, 2017, and Apr 05, 2017, respectively.

 ASL Industries IPOFocus Lighting IPO
Issue OpenMar 31, 2017Mar 30, 2017
Issue CloseApr 07, 2017Apr 05, 2017
Basis Of Allotment (Tentative)Apr 12, 2017Apr 10, 2017
Listing date (Tentative)Apr 18, 2017Apr 13, 2017

Financials & KPIs

ASL Industries IPO P/E ratio is , as compared to Focus Lighting IPO P/E ratio of .

 ASL Industries IPOFocus Lighting IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets64.4066.6856.2430.29
Total Income28.3256.0844.9831.38
Profit After Tax0.130.44-0.00-0.79
NET Worth25.7325.6025.1913.14
Reserves and Surplus18.1117.9817.589.11
Total Borrowing26.9628.8720.667.28
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets24.5321.7717.0813.17
Total Income36.6661.1642.2434.21
Profit After Tax1.523.261.100.76
NET Worth9.607.844.893.77
Reserves and Surplus9.557.804.843.73
Total Borrowing2.524.343.832.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.07%100.00%
Promoter Shareholding (Post-Issue)70.98%73.36%
Market Cap₹36.46 Cr.₹15.20 Cr.

Shares Offered

In the ASL Industries IPO Retail Individual Investors (RII) are offered 13,28,000 shares while in Focus Lighting IPO retail investors are offered 13,28,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in ASL Industries IPO and 0 shares in Focus Lighting IPO.

 ASL Industries IPOFocus Lighting IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,44,000 shares48,000 shares
QIB0 shares0 shares
NII13,28,000 shares4,26,000 shares
RII13,28,000 shares4,26,000 shares
Employee0 shares0 shares
Total26,56,000 shares8,52,000 shares

Bids Received (Subscription)

ASL Industries IPO subscribed 2.60x in total, whereas Focus Lighting IPO subscribed 93.95x.

 ASL Industries IPOFocus Lighting IPO
NII (times)2.02x81.18x
RII (times)3.18x106.73x
Total (times)2.60x93.95x

Compare with others

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ASL Industries IPO Vs Focus Lighting IPO