Comparison between Axita Cotton IPO and Kranti Industries IPO.
Axita Cotton IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kranti Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Axita Cotton IPO | Kranti Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Broking Ltd. | Novus Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | SMC Global 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 Axita Cotton IPO is up to ₹9.96 Cr whereas the issue size of the Kranti Industries IPO is up to ₹8.15 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Kranti Industries IPO is ₹37.00 per share.
| Axita Cotton IPO | Kranti Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹60.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 16,60,000 shares | 16,35,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.96 Cr | up to ₹6.05 Cr |
| OFS Issue Size | 0 shares | 5,67,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.10 Cr |
| Issue Size Total | 16,60,000 shares | 22,02,000 shares |
| Issue Size Total (Amount) | up to ₹9.96 Cr | up to ₹8.15 Cr |
Axita Cotton IPO opens on Dec 27, 2018, while Kranti Industries IPO opens on Feb 14, 2019. The closing date of Axita Cotton IPO and Kranti Industries IPO is Jan 02, 2019, and Feb 20, 2019, respectively.
| Axita Cotton IPO | Kranti Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 27, 2018 | Feb 14, 2019 |
| Issue Close | Jan 02, 2019 | Feb 20, 2019 |
| Basis Of Allotment (Tentative) | Jan 07, 2019 | |
| Initiation of Refunds (Tentative) | Jan 08, 2019 | |
| Credit of Share (Tentative) | Jan 09, 2019 | |
| Listing date (Tentative) | Jan 10, 2019 | Feb 28, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Axita Cotton IPO P/E ratio is , as compared to Kranti Industries IPO P/E ratio of .
| Axita Cotton IPO | Kranti Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 68.18 | |||||
| Promoter Shareholding (Post-Issue) | 54.61 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹39.31 Cr. | ₹32.57 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Kranti Industries IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Axita Cotton IPO and in Kranti Industries IPO.
| Axita Cotton IPO | Kranti Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 92,000 shares | 1,17,000 shares |
| QIB | ||
| NII | 8,30,000 shares | 11,01,000 shares |
| RII | 8,30,000 shares | 11,01,000 shares |
| Employee | ||
| Others | ||
| Total | 16,60,000 shares | 22,02,000 shares |
Axita Cotton IPO subscribed 1.98x in total, whereas Kranti Industries IPO subscribed 1.29x.
| Axita Cotton IPO | Kranti Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.40x | 1.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.55x | 1.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.98x | 1.29x |
