Comparison between Aztec Fluids IPO and Refractory Shapes IPO.
Aztec Fluids IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Refractory Shapes IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aztec Fluids IPO | Refractory Shapes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aztec Fluids IPO is up to ₹22.90 Cr whereas the issue size of the Refractory Shapes IPO is up to ₹17.66 Cr. The final issue price of Aztec Fluids IPO is ₹67.00 per share and of Refractory Shapes IPO is ₹31.00 per share.
| Aztec Fluids IPO | Refractory Shapes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹63.00 per share | ₹27.00 per share |
| Issue Price (Upper) | ₹67.00 per share | ₹31.00 per share |
| Issue Price (Final) | ₹67.00 per share | ₹31.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 34,18,000 shares | 56,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.90 Cr | up to ₹17.66 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 | 34,18,000 shares | 56,96,000 shares |
| Issue Size Total (Amount) | up to ₹22.90 Cr | up to ₹17.66 Cr |
Aztec Fluids IPO opens on May 10, 2024, while Refractory Shapes IPO opens on May 06, 2024. The closing date of Aztec Fluids IPO and Refractory Shapes IPO is May 14, 2024, and May 09, 2024, respectively.
| Aztec Fluids IPO | Refractory Shapes IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | May 03, 2024 |
| Issue Open | May 10, 2024 | May 06, 2024 |
| Issue Close | May 14, 2024 | May 09, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 10, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 13, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 13, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 14, 2024 |
| Anchor Lockin End date 1 | Jun 14, 2024 | Jun 09, 2024 |
| Anchor Lockin End date 2 | Aug 13, 2024 | Aug 08, 2024 |
Aztec Fluids IPO P/E ratio is 20.47, as compared to Refractory Shapes IPO P/E ratio of 25.55.
| Aztec Fluids IPO | Refractory Shapes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.47 | 25.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.12 Cr. | ₹67.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.60% | 15.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.38% | 9.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | 1.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.27 | ₹1.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.69% | 15.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aztec Fluids IPO Retail Individual Investors (RII) are offered 11,98,000 shares while in Refractory Shapes IPO retail investors are offered 11,98,000 shares. Qualified Institutional Buyers (QIB) are offered 6,84,000 shares in Aztec Fluids IPO and 11,44,000 shares in Refractory Shapes IPO.
| Aztec Fluids IPO | Refractory Shapes IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,22,000 shares | 17,00,000 shares |
| Market Maker Reservation | 1,82,000 shares | 3,04,000 shares |
| QIB | 6,84,000 shares | 11,44,000 shares |
| NII | 5,14,000 shares | 8,56,000 shares |
| RII | 11,98,000 shares | 19,96,000 shares |
| Employee | ||
| Others | ||
| Total | 34,18,000 shares | 56,96,000 shares |
Aztec Fluids IPO subscribed 218.38x in total, whereas Refractory Shapes IPO subscribed 255.08x.
| Aztec Fluids IPO | Refractory Shapes IPO | |
|---|---|---|
| QIB (times) | 107.93x | 90.59x |
| NII (times) | 341.94x | 464.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.43x | 259.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 218.38x | 255.08x |
