Comparison between Axita Cotton IPO and Ritco Logistics IPO.
Axita Cotton IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Bookbuilding proposed to list at BSE SME.
| Axita Cotton IPO | Ritco Logistics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Beeline Broking Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Pantomath Stock Brokers Pvt.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 Ritco Logistics IPO is up to ₹45.74 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Ritco Logistics IPO is ₹73.00 per share.
| Axita Cotton IPO | Ritco Logistics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹73.00 per share | |
| Issue Price (Final) | ₹60.00 per share | ₹73.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 16,60,000 shares | 46,65,600 shares |
| Fresh Issue Size (Amount) | up to ₹9.96 Cr | up to ₹34.06 Cr |
| OFS Issue Size | 0 shares | 16,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹11.68 Cr |
| Issue Size Total | 16,60,000 shares | 62,65,600 shares |
| Issue Size Total (Amount) | up to ₹9.96 Cr | up to ₹45.74 Cr |
Axita Cotton IPO opens on Dec 27, 2018, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Axita Cotton IPO and Ritco Logistics IPO is Jan 02, 2019, and Jan 30, 2019, respectively.
| Axita Cotton IPO | Ritco Logistics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 27, 2018 | Jan 28, 2019 |
| Issue Close | Jan 02, 2019 | Jan 30, 2019 |
| Basis Of Allotment (Tentative) | Jan 07, 2019 | Feb 04, 2019 |
| Initiation of Refunds (Tentative) | Jan 08, 2019 | Feb 05, 2019 |
| Credit of Share (Tentative) | Jan 09, 2019 | Feb 06, 2019 |
| Listing date (Tentative) | Jan 10, 2019 | Feb 07, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Axita Cotton IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .
| Axita Cotton IPO | Ritco Logistics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 78.44 | |||||
| Promoter Shareholding (Post-Issue) | 55.88 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹39.31 Cr. | ₹178.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Ritco Logistics IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Axita Cotton IPO and in Ritco Logistics IPO.
| Axita Cotton IPO | Ritco Logistics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 92,000 shares | 3,34,400 shares |
| QIB | ||
| NII | 8,30,000 shares | 31,32,800 shares |
| RII | 8,30,000 shares | 31,32,800 shares |
| Employee | ||
| Others | ||
| Total | 16,60,000 shares | 62,65,600 shares |
Axita Cotton IPO subscribed 1.98x in total, whereas Ritco Logistics IPO subscribed 1.39x.
| Axita Cotton IPO | Ritco Logistics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.40x | 1.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.55x | 0.96x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.98x | 1.39x |
