Comparison between Arihant Academy IPO and Baheti Recycling Industries IPO.
Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Baheti Recycling Industries IPO is a SME Fixed Price proposed to list at NSE SME.
| Arihant Academy IPO | Baheti Recycling Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Hem Finlease 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 Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the Baheti Recycling Industries IPO is up to ₹11.76 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of Baheti Recycling Industries IPO is ₹45.00 per share.
| Arihant Academy IPO | Baheti Recycling Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 15,52,000 shares | 26,13,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.97 Cr | up to ₹11.76 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 | 15,52,000 shares | 26,13,000 shares |
| Issue Size Total (Amount) | up to ₹13.97 Cr | up to ₹11.76 Cr |
Arihant Academy IPO opens on Dec 16, 2022, while Baheti Recycling Industries IPO opens on Nov 28, 2022. The closing date of Arihant Academy IPO and Baheti Recycling Industries IPO is Dec 21, 2022, and Nov 30, 2022, respectively.
| Arihant Academy IPO | Baheti Recycling Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 16, 2022 | Nov 28, 2022 |
| Issue Close | Dec 21, 2022 | Nov 30, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 05, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Dec 06, 2022 |
| Credit of Share (Tentative) | Dec 28, 2022 | Dec 07, 2022 |
| Listing date (Tentative) | Dec 29, 2022 | Dec 08, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arihant Academy IPO P/E ratio is 19.11, as compared to Baheti Recycling Industries IPO P/E ratio of 13.55.
| Arihant Academy IPO | Baheti Recycling Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.00 | 73.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.11 | 13.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.50 Cr. | ₹46.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 51.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 66.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2018.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in Baheti Recycling Industries IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in Baheti Recycling Industries IPO.
| Arihant Academy IPO | Baheti Recycling Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 83,200 shares | 1,47,000 shares |
| QIB | ||
| NII | 7,76,000 shares | 13,05,000 shares |
| RII | 7,76,000 shares | 13,08,000 shares |
| Employee | ||
| Others | ||
| Total | 15,52,000 shares | 26,13,000 shares |
Arihant Academy IPO subscribed 235.87x in total, whereas Baheti Recycling Industries IPO subscribed 347.53x.
| Arihant Academy IPO | Baheti Recycling Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 242.89x | 259.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.85x | 435.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 235.87x | 347.53x |
