Comparison between Avax Apparels IPO and Unilex Colours IPO.
Avax Apparels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Unilex Colours IPO is a SME Bookbuilding proposed to list at NSE SME.
| Avax Apparels IPO | Unilex Colours 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. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | SKI Capital Services Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| 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 Unilex Colours IPO is up to ₹29.65 Cr. The final issue price of Avax Apparels IPO is ₹70.00 per share and of Unilex Colours IPO is ₹87.00 per share.
| Avax Apparels IPO | Unilex Colours IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | |
| Issue Price (Upper) | ₹87.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹87.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 2,60,000 shares | 34,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.82 Cr | up to ₹29.65 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 | 34,08,000 shares |
| Issue Size Total (Amount) | up to ₹1.82 Cr | up to ₹29.65 Cr |
Avax Apparels IPO opens on Jan 07, 2025, while Unilex Colours IPO opens on Sep 25, 2024. The closing date of Avax Apparels IPO and Unilex Colours IPO is Jan 09, 2025, and Sep 27, 2024, respectively.
| Avax Apparels IPO | Unilex Colours IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2024 | |
| Issue Open | Jan 07, 2025 | Sep 25, 2024 |
| Issue Close | Jan 09, 2025 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Jan 10, 2025 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Jan 13, 2025 | Oct 01, 2024 |
| Credit of Share (Tentative) | Jan 13, 2025 | Oct 01, 2024 |
| Listing date (Tentative) | Jan 14, 2025 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 30, 2024 | |
| Anchor Lockin End date 2 | Dec 29, 2024 |
Avax Apparels IPO P/E ratio is 3.88, as compared to Unilex Colours IPO P/E ratio of 14.13.
| Avax Apparels IPO | Unilex Colours IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 57 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 41.97 | 73.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 3.88 | 14.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7.27 Cr. | ₹118.47 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.91 | 17.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 61.68 | 6.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.06 | ₹6.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.91 | 16.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avax Apparels IPO Retail Individual Investors (RII) are offered 1,30,000 shares while in Unilex Colours IPO retail investors are offered 1,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Avax Apparels IPO and 6,81,600 shares in Unilex Colours IPO.
| Avax Apparels IPO | Unilex Colours IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 10,20,800 shares |
| Market Maker Reservation | 14,000 shares | 1,92,000 shares |
| QIB | 0 shares | 6,81,600 shares |
| NII | 1,30,000 shares | 5,12,000 shares |
| RII | 1,30,000 shares | 11,93,600 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 2,60,000 shares | 34,08,000 shares |
Avax Apparels IPO subscribed 256.41x in total, whereas Unilex Colours IPO subscribed 24.54x.
| Avax Apparels IPO | Unilex Colours IPO | |
|---|---|---|
| QIB (times) | 15.58x | |
| NII (times) | 140.46x | 60.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 372.35x | 35.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 256.41x | 24.54x |
