Comparison between Arvind & Co.Shipping IPO and City Crops Agro IPO.
Arvind & Co.Shipping IPO is a SME Fixed Price IPO proposed to list at NSE SME while City Crops Agro IPO is a SME Fixed Price proposed to list at BSE SME.
| Arvind & Co.Shipping IPO | City Crops Agro IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Turnaround Corporate Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Mnm Stock Broking 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 Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the City Crops Agro IPO is up to ₹14.25 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of City Crops Agro IPO is ₹25.00 per share.
| Arvind & Co.Shipping IPO | City Crops Agro IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 6000 shares |
| Fresh Issue Size | 31,08,000 shares | 57,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.99 Cr | up to ₹14.25 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 | 31,08,000 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹13.99 Cr | up to ₹14.25 Cr |
Arvind & Co.Shipping IPO opens on Oct 12, 2023, while City Crops Agro IPO opens on Sep 26, 2023. The closing date of Arvind & Co.Shipping IPO and City Crops Agro IPO is Oct 16, 2023, and Sep 29, 2023, respectively.
| Arvind & Co.Shipping IPO | City Crops Agro IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 12, 2023 | Sep 26, 2023 |
| Issue Close | Oct 16, 2023 | Sep 29, 2023 |
| Basis Of Allotment (Tentative) | Oct 19, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 20, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 23, 2023 | Oct 09, 2023 |
| Listing date (Tentative) | Oct 25, 2023 | Oct 10, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to City Crops Agro IPO P/E ratio of 22.03.
| Arvind & Co.Shipping IPO | City Crops Agro IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 86.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 54.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.74 | 22.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.62 Cr. | ₹40.79 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.88% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.44% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.62 | ₹1.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.88% | 9.80% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in City Crops Agro IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and in City Crops Agro IPO.
| Arvind & Co.Shipping IPO | City Crops Agro IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,68,000 shares | 3,00,000 shares |
| QIB | ||
| NII | 15,54,000 shares | 28,50,000 shares |
| RII | 15,54,000 shares | 28,50,000 shares |
| Employee | ||
| Others | ||
| Total | 31,08,000 shares | 57,00,000 shares |
Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas City Crops Agro IPO subscribed 3.47x.
| Arvind & Co.Shipping IPO | City Crops Agro IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 436.05x | 2.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 321.97x | 4.78x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 385.03x | 3.47x |
