ASL Industries IPO vs Sikko Industries IPO

Comparison between ASL Industries IPO and Sikko Industries IPO.

IPO Details

ASL Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sikko Industries 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 Sikko Industries IPO is up to ₹4.86 Cr. The final issue price of ASL Industries IPO is ₹35.00 per share and of Sikko Industries IPO is ₹32.00 per share.

 ASL Industries IPOSikko Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹35.00 per share₹32.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size26,56,000 shares15,20,000 shares
Fresh Issue Size (Amount)up to ₹9.30 Crup to ₹4.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,56,000 shares15,20,000 shares
Issue Size Total (Amount)up to ₹9.30 Crup to ₹4.86 Cr

IPO Timetable

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

 ASL Industries IPOSikko Industries IPO
Issue OpenMar 31, 2017Apr 05, 2017
Issue CloseApr 07, 2017Apr 07, 2017
Basis Of Allotment (Tentative)Apr 12, 2017Apr 12, 2017
Listing date (Tentative)Apr 18, 2017Apr 18, 2017

Financials & KPIs

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

 ASL Industries IPOSikko Industries 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)

Period Ended31 Oct 201631 Mar 201631 Mar 201531 Mar 2014
Assets26.4221.5015.2315.15
Total Income13.0121.3511.4211.19
Profit After Tax0.61-0.05-0.031.29
NET Worth5.975.355.415.47
Reserves and Surplus3.973.353.413.47
Total Borrowing5.974.773.934.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.07%100%
Promoter Shareholding (Post-Issue)70.98%71.43%
Market Cap₹36.46 Cr.₹17.92 Cr.

Shares Offered

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

 ASL Industries IPOSikko Industries IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,44,000 shares80,000 shares
QIB0 shares
NII13,28,000 shares7,60,000 shares
RII13,28,000 shares7,60,000 shares
Employee0 shares
Total26,56,000 shares15,20,000 shares

Bids Received (Subscription)

ASL Industries IPO subscribed 2.60x in total, whereas Sikko Industries IPO subscribed 13.00x.

 ASL Industries IPOSikko Industries IPO
NII (times)2.02x7.77x
RII (times)3.18x18.24x
Total (times)2.60x13.00x

Compare with others

Compare: