Comparison between Akme Fintrade IPO and Bansal Wire Industries IPO.
Akme Fintrade IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Bansal Wire Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Akme Fintrade IPO is up to ₹132.00 Cr whereas the issue size of the Bansal Wire Industries IPO is up to ₹745.00 Cr. The final issue price of Akme Fintrade IPO is ₹120.00 per share and of Bansal Wire Industries IPO is ₹256.00 per share.
| Akme Fintrade IPO | Bansal Wire Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹243.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹256.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹256.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 125 shares | 58 shares |
| Fresh Issue Size | 1,10,00,000 shares | 2,91,01,562 shares |
| Fresh Issue Size (Amount) | up to ₹132.00 Cr | up to ₹745.00 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 | 1,10,00,000 shares | 2,91,01,562 shares |
| Issue Size Total (Amount) | up to ₹132.00 Cr | up to ₹745.00 Cr |
Akme Fintrade IPO opens on Jun 19, 2024, while Bansal Wire Industries IPO opens on Jul 03, 2024. The closing date of Akme Fintrade IPO and Bansal Wire Industries IPO is Jun 21, 2024, and Jul 05, 2024, respectively.
| Akme Fintrade IPO | Bansal Wire Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jul 02, 2024 |
| Issue Open | Jun 19, 2024 | Jul 03, 2024 |
| Issue Close | Jun 21, 2024 | Jul 05, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jul 08, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jul 09, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jul 09, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jul 10, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Aug 07, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Oct 06, 2024 |
Akme Fintrade IPO P/E ratio is , as compared to Bansal Wire Industries IPO P/E ratio of 41.41.
| Akme Fintrade IPO | Bansal Wire Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.01 | 95.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 77.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 41.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4007.83 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.64% | 21.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.49 | 1.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.87 | ₹6.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.81% | 18.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Akme Fintrade IPO Retail Individual Investors (RII) are offered 36,57,500 shares while in Bansal Wire Industries IPO retail investors are offered 36,57,500 shares. Qualified Institutional Buyers (QIB) are offered 20,90,000 shares in Akme Fintrade IPO and 58,20,312 shares in Bansal Wire Industries IPO.
| Akme Fintrade IPO | Bansal Wire Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,35,000 shares | 87,30,468 shares |
| Market Maker Reservation | ||
| QIB | 20,90,000 shares | 58,20,312 shares |
| NII | 15,67,500 shares | 43,65,235 shares |
| RII | 36,57,500 shares | 1,01,85,547 shares |
| Employee | 5,50,000 shares | |
| Others | ||
| Total | 1,10,00,000 shares | 2,91,01,562 shares |
Akme Fintrade IPO subscribed 54.49x in total, whereas Bansal Wire Industries IPO subscribed 62.76x.
| Akme Fintrade IPO | Bansal Wire Industries IPO | |
|---|---|---|
| QIB (times) | 28.12x | 153.86x |
| NII (times) | 129.98x | 54.21x |
| Big NII (times) | 121.56x | 55.27x |
| Small NII (times) | 146.83x | 52.11x |
| RII (times) | 44.58x | 14.37x |
| Employee (times) | 5.42x | |
| Other (times) | ||
| Total (times) | 54.49x | 62.76x |
