Comparison between Avi Ansh Textile IPO and Phoenix Overseas IPO.
Avi Ansh Textile IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Phoenix Overseas IPO is a SME Bookbuilding proposed to list at NSE SME.
| Avi Ansh Textile IPO | Phoenix Overseas IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | 3Dimension Capital Services Ltd. | Khandwala Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Avi Ansh Textile IPO is up to ₹24.68 Cr whereas the issue size of the Phoenix Overseas IPO is up to ₹34.23 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Phoenix Overseas IPO is ₹64.00 per share.
| Avi Ansh Textile IPO | Phoenix Overseas IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹61.00 per share | |
| Issue Price (Upper) | ₹64.00 per share | |
| Issue Price (Final) | ₹62.00 per share | ₹64.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 39,80,000 shares | 42,98,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.68 Cr | up to ₹27.51 Cr |
| OFS Issue Size | 0 shares | 10,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.72 Cr |
| Issue Size Total | 39,80,000 shares | 53,48,000 shares |
| Issue Size Total (Amount) | up to ₹24.68 Cr | up to ₹34.23 Cr |
Avi Ansh Textile IPO opens on Sep 20, 2024, while Phoenix Overseas IPO opens on Sep 20, 2024. The closing date of Avi Ansh Textile IPO and Phoenix Overseas IPO is Sep 24, 2024, and Sep 24, 2024, respectively.
| Avi Ansh Textile IPO | Phoenix Overseas IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 20, 2024 | Sep 20, 2024 |
| Issue Close | Sep 24, 2024 | Sep 24, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Sep 25, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Sep 26, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Sep 27, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Phoenix Overseas IPO P/E ratio of 17.18.
| Avi Ansh Textile IPO | Phoenix Overseas IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Avi Ansh Textile Limited Financial Information (Restated)Avi Ansh Textile Limited's revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.
| Phoenix Overseas Limited Financial Information (Restated Standalone)Phoenix Overseas Limited's revenue increased by 22% and profit after tax (PAT) rose by 46% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 95.67 | 99.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.31 | 17.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.67 Cr. | ₹123.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.88% | 10.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.88% | 15.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.82 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.39 | ₹3.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.88% | 10.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avi Ansh Textile IPO Retail Individual Investors (RII) are offered 19,90,000 shares while in Phoenix Overseas IPO retail investors are offered 19,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Avi Ansh Textile IPO and 8,00,000 shares in Phoenix Overseas IPO.
| Avi Ansh Textile IPO | Phoenix Overseas IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 2,12,000 shares | 2,82,000 shares |
| QIB | 8,00,000 shares | |
| NII | 19,90,000 shares | 23,00,000 shares |
| RII | 19,90,000 shares | 22,48,000 shares |
| Employee | ||
| Others | ||
| Total | 39,80,000 shares | 53,48,000 shares |
Avi Ansh Textile IPO subscribed 8.32x in total, whereas Phoenix Overseas IPO subscribed 119.22x.
| Avi Ansh Textile IPO | Phoenix Overseas IPO | |
|---|---|---|
| QIB (times) | 65.74x | |
| NII (times) | 5.25x | 109.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.38x | 148.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.32x | 119.22x |
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