Axita Cotton IPO vs Diksha Greens IPO

Comparison between Axita Cotton IPO and Diksha Greens IPO.

IPO Details

Axita Cotton IPO is a SME Fixed Price IPO proposed to list at BSE SME while Diksha Greens IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Axita Cotton IPO is up to ₹9.96 Cr whereas the issue size of the Diksha Greens IPO is up to ₹12.65 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Diksha Greens IPO is ₹30.00 per share.

 Axita Cotton IPODiksha Greens IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares4000 shares
Fresh Issue Size16,60,000 shares42,16,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹12.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,60,000 shares42,16,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹12.65 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while Diksha Greens IPO opens on Nov 26, 2018. The closing date of Axita Cotton IPO and Diksha Greens IPO is Jan 02, 2019, and Nov 28, 2018, respectively.

Financials & KPIs

Axita Cotton IPO P/E ratio is , as compared to Diksha Greens IPO P/E ratio of .

 Axita Cotton IPODiksha Greens IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets25.5622.2917.5113.87
Total Income21.22123.9291.5268.76
Profit After Tax0.330.820.030.12
EBITDA1.093.441.751.98
NET Worth3.503.162.352.30
Reserves and Surplus1.060.73-0.07-0.10
Total Borrowing16.6216.9614.9111.20
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets30.9524.6532.3118.50
Total Income12.5641.8354.4754.23
Profit After Tax0.410.550.640.46
NET Worth11.8111.39
Reserves and Surplus6.3810.9010.359.71
Total Borrowing18.8210.937.113.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.26%55%
Market Cap₹39.31 Cr.₹29.60 Cr.

Shares Offered

In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Diksha Greens IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Axita Cotton IPO and 0 shares in Diksha Greens IPO.

 Axita Cotton IPODiksha Greens IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation92,000 shares2,24,000 shares
QIB0 shares0 shares
NII8,30,000 shares21,08,000 shares
RII8,30,000 shares21,08,000 shares
Employee0 shares0 shares
Total16,60,000 shares42,16,000 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas Diksha Greens IPO subscribed 1.03x.

 Axita Cotton IPODiksha Greens IPO
NII (times)2.40x1.99x
RII (times)1.55x0.07x
Total (times)1.98x1.03x

Compare with others

Compare:

Axita Cotton IPO Vs Diksha Greens IPO