Auro Impex IPO vs Retina Paints IPO

Comparison between Auro Impex IPO and Retina Paints IPO.

IPO Details

Auro Impex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Retina Paints IPO is a SME Fixed Price proposed to list at BSE SME.

	Auro Impex IPO	Retina Paints IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	BSE SME
Lead Managers	Affinity Global Capital Market Pvt.Ltd.	Gretex Corporate Services Ltd.
Registrar	Cameo Corporate Services Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO 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 Retina Paints IPO is up to ₹10.54 Cr. The final issue price of Auro Impex IPO is ₹78.00 per share and of Retina Paints IPO is ₹30.00 per share.

	Auro Impex IPO	Retina Paints IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹74.00 per share
Issue Price (Upper)	₹78.00 per share
Issue Price (Final)	₹78.00 per share	₹30.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	4000 shares
Fresh Issue Size	27,45,600 shares	35,12,000 shares
Fresh Issue Size (Amount)	up to ₹21.42 Cr	up to ₹10.54 Cr
OFS Issue Size	5,50,400 shares	0 shares
OFS Issue Size (Amount)	up to ₹4.29 Cr	up to ₹0.00 Cr
Issue Size Total	32,96,000 shares	35,12,000 shares
Issue Size Total (Amount)	up to ₹25.71 Cr	up to ₹10.54 Cr

IPO Timetable

Auro Impex IPO opens on May 11, 2023, while Retina Paints IPO opens on Apr 19, 2023. The closing date of Auro Impex IPO and Retina Paints IPO is May 15, 2023, and Apr 24, 2023, respectively.

	Auro Impex IPO	Retina Paints IPO
Anchor Bid Date
Issue Open	May 11, 2023	Apr 19, 2023
Issue Close	May 15, 2023	Apr 24, 2023
Basis Of Allotment (Tentative)	May 18, 2023	Apr 27, 2023
Initiation of Refunds (Tentative)	May 19, 2023	Apr 28, 2023
Credit of Share (Tentative)	May 22, 2023	May 02, 2023
Listing date (Tentative)	May 23, 2023	May 03, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Auro Impex IPO P/E ratio is 12.07, as compared to Retina Paints IPO P/E ratio of .

Auro Impex IPO

Retina Paints IPO

Financials

Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,841.42	3,760.98	27.01		322.62
31-Mar-21	3,360.59	7,372.70	90.54		413.16
31-Mar-22	6,219.56	15,184.93	230.03	1,155.04	1,077.70	3,679.97
31-Mar-23	8,228.09	23,296.54	599.92	1,754.96	826.88	4,875.92
Amount in ₹ Lakhs

Retina Paints Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	670.34	681.44	4.67	90.86	18.86	319.10
31-Mar-21	986.71	685.99	4.55	95.41	23.41	614.11
31-Mar-22	1,162.77	647.24	11.33	219.74	34.74	588.01
30-Nov-22	2,074.77	533.88	39.99	1,240.73	728.73	433.44
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

80.70

Promoter Shareholding (Post-Issue)

59.28

P/E Ratio

12.07

Market Cap

₹95.17 Cr.

ROE

ROCE

Debt/Equity

2.77

EPS

₹6.00

RoNW

19.92%

Shares Offered

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

	Auro Impex IPO	Retina Paints IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,74,400 shares	1,88,000 shares
QIB	3,29,600 shares
NII	11,20,000 shares	17,56,000 shares
RII	18,46,400 shares	17,56,000 shares
Employee
Others
Total	32,96,000 shares	35,12,000 shares

Bids Received (Subscription)

Auro Impex IPO subscribed 66.94x in total, whereas Retina Paints IPO subscribed 8.29x.

	Auro Impex IPO	Retina Paints IPO
QIB (times)	31.67x
NII (times)	104.05x	6.10x
Big NII (times)
Small NII (times)
RII (times)	50.72x	10.41x
Employee (times)
Other (times)
Total (times)	66.94x	8.29x

Compare with others

Auro Impex IPO	Retina Paints IPO
Hemant Surgical Industries IPO	Auro Impex IPO
Vasa Denticity IPO	Innokaiz India IPO
Spectrum Talent Management IPO	Krishca Strapping Solutions IPO
Crayons Advertising IPO	De Neers Tools IPO
Remus Pharmaceuticals IPO	Quicktouch Technologies IPO
Innokaiz India IPO	A G Universal IPO
Krishca Strapping Solutions IPO	Pattech Fitwell Tube IPO
De Neers Tools IPO	Sancode Technologies IPO
Quicktouch Technologies IPO	Exhicon Events Media IPO
Retina Paints IPO	Sotac Pharmaceuticals IPO