Comparison between AVSL Industries IPO and Narayani Steels IPO.
AVSL Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Narayani Steels IPO is a SME Fixed Price proposed to list at BSE SME.
| AVSL Industries IPO | Narayani Steels IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AVSL Industries IPO is up to ₹4.90 Cr whereas the issue size of the Narayani Steels IPO is up to ₹10.92 Cr. The final issue price of AVSL Industries IPO is ₹36.00 per share and of Narayani Steels IPO is ₹32.00 per share.
| AVSL Industries IPO | Narayani Steels IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹36.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 13,62,000 shares | 34,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.90 Cr | up to ₹10.92 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 | 13,62,000 shares | 34,12,000 shares |
| Issue Size Total (Amount) | up to ₹4.90 Cr | up to ₹10.92 Cr |
AVSL Industries IPO opens on Sep 15, 2016, while Narayani Steels IPO opens on Sep 01, 2016. The closing date of AVSL Industries IPO and Narayani Steels IPO is Sep 28, 2016, and Sep 06, 2016, respectively.
| AVSL Industries IPO | Narayani Steels IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 15, 2016 | Sep 01, 2016 |
| Issue Close | Sep 28, 2016 | Sep 06, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 06, 2016 | Sep 14, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AVSL Industries IPO P/E ratio is , as compared to Narayani Steels IPO P/E ratio of .
| AVSL Industries IPO | Narayani Steels IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹19.19 Cr. | ₹34.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the AVSL Industries IPO Retail Individual Investors (RII) are offered 6,81,000 shares while in Narayani Steels IPO retail investors are offered 6,81,000 shares. Qualified Institutional Buyers (QIB) are offered in AVSL Industries IPO and in Narayani Steels IPO.
| AVSL Industries IPO | Narayani Steels IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 78,000 shares | 1,88,000 shares |
| QIB | ||
| NII | 6,81,000 shares | 17,04,000 shares |
| RII | 6,81,000 shares | 17,08,000 shares |
| Employee | ||
| Others | ||
| Total | 13,62,000 shares | 34,12,000 shares |
AVSL Industries IPO subscribed 1.11x in total, whereas Narayani Steels IPO subscribed 1.46x.
| AVSL Industries IPO | Narayani Steels IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.76x | 1.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.47x | 1.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.11x | 1.46x |
