Ascensive Educare IPO vs Clara Industries IPO

Comparison between Ascensive Educare IPO and Clara Industries IPO.

IPO Details

Ascensive Educare IPO is a SME Fixed Price IPO proposed to list at BSE SME while Clara Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ascensive Educare IPO is up to ₹2.14 Cr whereas the issue size of the Clara Industries IPO is up to ₹2.86 Cr. The final issue price of Ascensive Educare IPO is ₹26.00 per share and of Clara Industries IPO is ₹43.00 per share.

 Ascensive Educare IPOClara Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹26.00 per share₹43.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size8,24,000 shares6,66,000 shares
Fresh Issue Size (Amount)up to ₹2.14 Crup to ₹2.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,24,000 shares6,66,000 shares
Issue Size Total (Amount)up to ₹2.14 Crup to ₹2.86 Cr

IPO Timetable

Ascensive Educare IPO opens on Dec 30, 2021, while Clara Industries IPO opens on Dec 16, 2021. The closing date of Ascensive Educare IPO and Clara Industries IPO is Jan 04, 2022, and Dec 21, 2021, respectively.

 Ascensive Educare IPOClara Industries IPO
Issue OpenDec 30, 2021Dec 16, 2021
Issue CloseJan 04, 2022Dec 21, 2021
Basis Of Allotment (Tentative)Jan 07, 2022Dec 24, 2021
Initiation of Refunds (Tentative)Jan 10, 2022Dec 27, 2021
Credit of Share (Tentative)Jan 11, 2022Dec 28, 2021
Listing date (Tentative)Jan 12, 2022Dec 29, 2021

Financials & KPIs

Ascensive Educare IPO P/E ratio is 18.98, as compared to Clara Industries IPO P/E ratio of .

 Ascensive Educare IPOClara Industries IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets13.9712.3510.658.22
Total Income3.2110.279.619.18
Profit After Tax0.110.440.430.28
EBITDA0.371.631.560.96
NET Worth3.032.922.491.98
Reserves and Surplus0.610.501.110.68
Total Borrowing5.485.596.055.36
Amount in ₹ Crore

Company Financials (Restated)

Period Ended18 Nov 2021
Assets4.67
Total Income0.63
Profit After Tax0.30
EBITDA0.42
NET Worth1.89
Reserves and Surplus1.63
Total Borrowing0.85
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.95%71.7%
P/E Ratio18.98
Market Cap₹8.34 Cr.₹10.67 Cr.

Shares Offered

In the Ascensive Educare IPO Retail Individual Investors (RII) are offered 4,12,000 shares while in Clara Industries IPO retail investors are offered 4,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Ascensive Educare IPO and in Clara Industries IPO.

 Ascensive Educare IPOClara Industries IPO
Market Maker Reservation44,000 shares36,000 shares
NII4,12,000 shares3,33,000 shares
RII4,12,000 shares3,33,000 shares
Total8,24,000 shares6,66,000 shares

Bids Received (Subscription)

Ascensive Educare IPO subscribed 2.67x in total, whereas Clara Industries IPO subscribed 1.53x.

 Ascensive Educare IPOClara Industries IPO
NII (times)1.24x1.51x
RII (times)4.11x1.55x
Total (times)2.67x1.53x

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