Comparison between Aztec Fluids IPO and Rulka Electricals IPO.
Aztec Fluids IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Rulka Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aztec Fluids IPO | Rulka Electricals 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Sunflower Broking Pvt.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 Rulka Electricals IPO is up to ₹25.07 Cr. The final issue price of Aztec Fluids IPO is ₹67.00 per share and of Rulka Electricals IPO is ₹235.00 per share.
| Aztec Fluids IPO | Rulka Electricals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹63.00 per share | ₹223.00 per share |
| Issue Price (Upper) | ₹67.00 per share | ₹235.00 per share |
| Issue Price (Final) | ₹67.00 per share | ₹235.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 600 shares |
| Fresh Issue Size | 34,18,000 shares | 7,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.90 Cr | up to ₹18.47 Cr |
| OFS Issue Size | 0 shares | 2,80,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.60 Cr |
| Issue Size Total | 34,18,000 shares | 10,66,800 shares |
| Issue Size Total (Amount) | up to ₹22.90 Cr | up to ₹25.07 Cr |
Aztec Fluids IPO opens on May 10, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of Aztec Fluids IPO and Rulka Electricals IPO is May 14, 2024, and May 21, 2024, respectively.
| Aztec Fluids IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | May 15, 2024 |
| Issue Open | May 10, 2024 | May 16, 2024 |
| Issue Close | May 14, 2024 | May 21, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 22, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 23, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 23, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 24, 2024 |
| Anchor Lockin End date 1 | Jun 14, 2024 | Jun 21, 2024 |
| Anchor Lockin End date 2 | Aug 13, 2024 | Aug 20, 2024 |
Aztec Fluids IPO P/E ratio is 20.47, as compared to Rulka Electricals IPO P/E ratio of 28.62.
| Aztec Fluids IPO | Rulka Electricals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 86.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.47 | 28.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.12 Cr. | ₹100.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.60% | 61.25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.38% | 33.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | 2.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.27 | ₹8.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.69% | 43.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aztec Fluids IPO Retail Individual Investors (RII) are offered 11,98,000 shares while in Rulka Electricals IPO retail investors are offered 11,98,000 shares. Qualified Institutional Buyers (QIB) are offered 6,84,000 shares in Aztec Fluids IPO and 2,13,600 shares in Rulka Electricals IPO.
| Aztec Fluids IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,22,000 shares | 3,19,200 shares |
| Market Maker Reservation | 1,82,000 shares | 56,400 shares |
| QIB | 6,84,000 shares | 2,13,600 shares |
| NII | 5,14,000 shares | 1,60,200 shares |
| RII | 11,98,000 shares | 3,73,800 shares |
| Employee | ||
| Others | ||
| Total | 34,18,000 shares | 10,66,800 shares |
Aztec Fluids IPO subscribed 218.38x in total, whereas Rulka Electricals IPO subscribed 676.83x.
| Aztec Fluids IPO | Rulka Electricals IPO | |
|---|---|---|
| QIB (times) | 107.93x | 204.22x |
| NII (times) | 341.94x | 1,350.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.43x | 658.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 218.38x | 676.83x |
