Comparison between Avax Apparels IPO and SD Retail IPO.
Avax Apparels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SD Retail IPO is a SME Bookbuilding proposed to list at NSE SME.
| Avax Apparels IPO | SD Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | SKI Capital Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | SKI Capital Services Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Avax Apparels IPO is up to ₹1.82 Cr whereas the issue size of the SD Retail IPO is up to ₹61.70 Cr. The final issue price of Avax Apparels IPO is ₹70.00 per share and of SD Retail IPO is ₹131.00 per share.
| Avax Apparels IPO | SD Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹124.00 per share | |
| Issue Price (Upper) | ₹131.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹131.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 2,60,000 shares | 47,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.82 Cr | up to ₹61.70 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,60,000 shares | 47,10,000 shares |
| Issue Size Total (Amount) | up to ₹1.82 Cr | up to ₹61.70 Cr |
Avax Apparels IPO opens on Jan 07, 2025, while SD Retail IPO opens on Sep 20, 2024. The closing date of Avax Apparels IPO and SD Retail IPO is Jan 09, 2025, and Sep 24, 2024, respectively.
| Avax Apparels IPO | SD Retail IPO | |
|---|---|---|
| Anchor Bid Date | Sep 19, 2024 | |
| Issue Open | Jan 07, 2025 | Sep 20, 2024 |
| Issue Close | Jan 09, 2025 | Sep 24, 2024 |
| Basis Of Allotment (Tentative) | Jan 10, 2025 | Sep 25, 2024 |
| Initiation of Refunds (Tentative) | Jan 13, 2025 | Sep 26, 2024 |
| Credit of Share (Tentative) | Jan 13, 2025 | Sep 26, 2024 |
| Listing date (Tentative) | Jan 14, 2025 | Sep 27, 2024 |
| Anchor Lockin End date 1 | Oct 24, 2024 | |
| Anchor Lockin End date 2 | Dec 23, 2024 |
Avax Apparels IPO P/E ratio is 3.88, as compared to SD Retail IPO P/E ratio of 23.73.
| Avax Apparels IPO | SD Retail IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Avax Apparels And Ornaments Limited Financial Information (Restated)
| SD Retail Limited Financial Information (Restated)SD Retail Limited's revenue increased by 20% and profit after tax (PAT) rose by 77% between the financial year ending with March 31, 2024 and March 31, 2023.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 57.00 | 88.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 41.97 | 65.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 3.88 | 23.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7.27 Cr. | ₹245.26 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.91% | 6.29% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 61.68% | 15.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.06 | ₹5.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.91% | 18.18% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avax Apparels IPO Retail Individual Investors (RII) are offered 1,30,000 shares while in SD Retail IPO retail investors are offered 1,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Avax Apparels IPO and 9,42,000 shares in SD Retail IPO.
| Avax Apparels IPO | SD Retail IPO | |
|---|---|---|
| Anchor Investor Reserveration | 0 shares | 14,12,000 shares |
| Market Maker Reserveration | 14,000 shares | 2,50,000 shares |
| QIB | 0 shares | 9,42,000 shares |
| NII | 1,30,000 shares | 7,07,000 shares |
| RII | 1,30,000 shares | 16,49,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 2,60,000 shares | 47,10,000 shares |
Avax Apparels IPO subscribed 260.42x in total, whereas SD Retail IPO subscribed 97.08x.
| Avax Apparels IPO | SD Retail IPO | |
|---|---|---|
| QIB (times) | 69.84x | |
| NII (times) | 140.46x | 207.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 372.35x | 65.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 260.42x | 97.08x |
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