Akme Fintrade IPO vs Awfis Space Solutions IPO

Comparison between Akme Fintrade IPO and Awfis Space Solutions IPO.

IPO Details

Akme Fintrade IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Awfis Space Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Akme Fintrade IPO is up to ₹132.00 Cr whereas the issue size of the Awfis Space Solutions IPO is up to ₹598.93 Cr. The final issue price of Akme Fintrade IPO is ₹120.00 per share and of Awfis Space Solutions IPO is ₹383.00 per share.

 Akme Fintrade IPOAwfis Space Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹114.00 per share₹364.00 per share
Issue Price (Upper)₹120.00 per share₹383.00 per share
Issue Price (Final)₹120.00 per share₹383.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹36.00 per share
Market Lot Size125 shares39 shares
Fresh Issue Size1,10,00,000 shares33,43,939 shares
Fresh Issue Size (Amount)up to ₹132.00 Crup to ₹128.06 Cr
OFS Issue Size0 shares1,22,95,699 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹470.87 Cr
Issue Size Total1,10,00,000 shares1,56,39,638 shares
Issue Size Total (Amount)up to ₹132.00 Crup to ₹598.93 Cr

IPO Timetable

Akme Fintrade IPO opens on Jun 19, 2024, while Awfis Space Solutions IPO opens on May 22, 2024. The closing date of Akme Fintrade IPO and Awfis Space Solutions IPO is Jun 21, 2024, and May 27, 2024, respectively.

 Akme Fintrade IPOAwfis Space Solutions IPO
Anchor Bid DateJun 18, 2024May 21, 2024
Issue OpenJun 19, 2024May 22, 2024
Issue CloseJun 21, 2024May 27, 2024
Basis Of Allotment (Tentative)Jun 24, 2024May 28, 2024
Initiation of Refunds (Tentative)Jun 25, 2024May 29, 2024
Credit of Share (Tentative)Jun 25, 2024May 29, 2024
Listing date (Tentative)Jun 26, 2024May 30, 2024
Anchor Lockin End date 1Jul 24, 2024Jun 27, 2024
Anchor Lockin End date 2Sep 22, 2024Aug 26, 2024

Financials & KPIs

Akme Fintrade IPO P/E ratio is , as compared to Awfis Space Solutions IPO P/E ratio of .

 Akme Fintrade IPOAwfis Space Solutions IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets417.96390.50374.01455.40
Total Income53.4569.5767.5086.79
Profit After Tax12.2515.804.1216.31
NET Worth217.01204.78136.84130.26
Reserves and Surplus185.34173.11115.03108.45
Total Borrowing195.19177.76230.06317.82
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,352.25930.61559.69508.58
Total Income633.69565.79278.72216.02
Profit After Tax-18.94-46.64-57.16-42.64
NET Worth247.19169.3694.72150.75
Reserves and Surplus-265.56-204.30-223.37-167.12
Total Borrowing23.7210.9212.112.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)56.0141.05
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap₹2658.70 Cr.
ROE5.64%
ROCE37.43%
Debt/Equity2.490.10
EPS₹3.87
RoNW5.81%-7.66%

Shares Offered

In the Akme Fintrade IPO Retail Individual Investors (RII) are offered 36,57,500 shares while in Awfis Space Solutions IPO retail investors are offered 36,57,500 shares. Qualified Institutional Buyers (QIB) are offered 20,90,000 shares in Akme Fintrade IPO and 46,75,656 shares in Awfis Space Solutions IPO.

 Akme Fintrade IPOAwfis Space Solutions IPO
Anchor Investor Reservation31,35,000 shares70,13,483 shares
Market Maker Reservation
QIB20,90,000 shares46,75,656 shares
NII15,67,500 shares23,37,827 shares
RII36,57,500 shares15,58,551 shares
Employee5,50,000 shares57,636 shares
Others
Total1,10,00,000 shares1,56,43,153 shares

Bids Received (Subscription)

Akme Fintrade IPO subscribed 54.49x in total, whereas Awfis Space Solutions IPO subscribed 108.17x.

 Akme Fintrade IPOAwfis Space Solutions IPO
QIB (times)28.12x116.95x
NII (times)129.98x129.27x
Big NII (times)121.56x138.15x
Small NII (times)146.83x111.53x
RII (times)44.58x53.23x
Employee (times)5.42x24.68x
Other (times)
Total (times)54.49x108.17x

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Akme Fintrade IPO Vs Awfis Space Solutions IPO