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Auro Impex IPO vs Innokaiz India IPO

Comparison between Auro Impex IPO and Innokaiz India IPO.

IPO Details

Auro Impex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Innokaiz India IPO is a SME Bookbuilding proposed to list at BSE SME.

 Auro Impex IPOInnokaiz India IPO
LogoAuro Impex IPO LogoInnokaiz India IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersAffinity Global Capital Market Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Auro Impex IPO is up to ₹25.71 Cr whereas the issue size of the Innokaiz India IPO is up to ₹20.11 Cr. The final issue price of Auro Impex IPO is ₹78.00 per share and of Innokaiz India IPO is ₹78.00 per share.

 Auro Impex IPOInnokaiz India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹74.00 per share₹76.00 per share
Issue Price (Upper)₹78.00 per share₹78.00 per share
Issue Price (Final)₹78.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size27,45,600 shares25,77,600 shares
Fresh Issue Size (Amount)up to ₹21.42 Crup to ₹20.11 Cr
OFS Issue Size5,50,400 shares0 shares
OFS Issue Size (Amount)up to ₹4.29 Crup to ₹0.00 Cr
Issue Size Total32,96,000 shares25,77,600 shares
Issue Size Total (Amount)up to ₹25.71 Crup to ₹20.11 Cr

IPO Timetable

Auro Impex IPO opens on May 11, 2023, while Innokaiz India IPO opens on Apr 28, 2023. The closing date of Auro Impex IPO and Innokaiz India IPO is May 15, 2023, and May 03, 2023, respectively.

 Auro Impex IPOInnokaiz India IPO
Anchor Bid DateApr 27, 2023
Issue OpenMay 11, 2023Apr 28, 2023
Issue CloseMay 15, 2023May 03, 2023
Basis Of Allotment (Tentative)May 18, 2023May 08, 2023
Initiation of Refunds (Tentative)May 19, 2023May 09, 2023
Credit of Share (Tentative)May 22, 2023May 10, 2023
Listing date (Tentative)May 23, 2023May 11, 2023
Anchor Lockin End date 1Jun 07, 2023
Anchor Lockin End date 2Aug 06, 2023

Financials & KPIs

Auro Impex IPO P/E ratio is 12.07, as compared to Innokaiz India IPO P/E ratio of .

 Auro Impex IPOInnokaiz India IPO
Financials
Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,841.423,760.9827.01322.62
31-Mar-213,360.597,372.7090.54413.16
31-Mar-226,219.5615,184.93230.031,155.041,077.703,679.97
31-Mar-238,228.0923,296.54599.921,754.96826.884,875.92
Amount in ₹ Lakhs
Innokaiz India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,568.3813,872.44361.55541.93540.93110.60
31-Mar-213,871.0718,506.21509.151,051.091,050.09103.52
31-Mar-224,972.4728,609.09791.631,842.721,841.72132.17
31-Oct-224,763.1514,883.52610.282,453.001,702.0093.62
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9998.00
Promoter Shareholding (Post-Issue)71.99
P/E Ratio12.07
Market Cap₹95.17 Cr.
ROE
ROCE
Debt/Equity2.77
EPS₹6.00
RoNW19.92%

Shares Offered

In the Auro Impex IPO Retail Individual Investors (RII) are offered 18,46,400 shares while in Innokaiz India IPO retail investors are offered 18,46,400 shares. Qualified Institutional Buyers (QIB) are offered 3,29,600 shares in Auro Impex IPO and 5,15,200 shares in Innokaiz India IPO.

 Auro Impex IPOInnokaiz India IPO
Anchor Investor Reserveration7,72,800 shares
Market Maker Reserveration1,74,400 shares1,36,000 shares
QIB3,29,600 shares5,15,200 shares
NII11,20,000 shares3,87,200 shares
RII18,46,400 shares9,02,400 shares
Employee
Others
Total32,96,000 shares25,77,600 shares

Bids Received (Subscription)

Auro Impex IPO subscribed 66.94x in total, whereas Innokaiz India IPO subscribed 95.08x.

 Auro Impex IPOInnokaiz India IPO
QIB (times)31.67x23.93x
NII (times)104.05x303.92x
Big NII (times)
Small NII (times)
RII (times)50.72x46.10x
Employee (times)
Other (times)
Total (times)66.94x95.08x