AVG Logistics IPO vs Continental Seeds IPO

Comparison between AVG Logistics IPO and Continental Seeds IPO.

IPO Details

AVG Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Continental Seeds IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AVG Logistics IPO is up to ₹31.41 Cr whereas the issue size of the Continental Seeds IPO is up to ₹3.99 Cr. The final issue price of AVG Logistics IPO is ₹107.00 per share and of Continental Seeds IPO is ₹26.00 per share.

 AVG Logistics IPOContinental Seeds IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share
Issue Price (Upper)₹107.00 per share
Issue Price (Final)₹107.00 per share₹26.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares4000 shares
Fresh Issue Size29,35,200 shares15,36,000 shares
Fresh Issue Size (Amount)up to ₹31.41 Crup to ₹3.99 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,35,200 shares15,36,000 shares
Issue Size Total (Amount)up to ₹31.41 Crup to ₹3.99 Cr

IPO Timetable

AVG Logistics IPO opens on Mar 28, 2018, while Continental Seeds IPO opens on Mar 21, 2018. The closing date of AVG Logistics IPO and Continental Seeds IPO is Apr 03, 2018, and Mar 23, 2018, respectively.

 AVG Logistics IPOContinental Seeds IPO
Anchor Bid DateMar 27, 2018
Issue OpenMar 28, 2018Mar 21, 2018
Issue CloseApr 03, 2018Mar 23, 2018
Basis Of Allotment (Tentative)Apr 10, 2018Apr 02, 2018
Listing date (Tentative)Apr 11, 2018Apr 04, 2018
Anchor Lockin End date 1May 03, 2018

Financials & KPIs

AVG Logistics IPO P/E ratio is , as compared to Continental Seeds IPO P/E ratio of .

 AVG Logistics IPOContinental Seeds IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets90.4183.5369.9760.96
Total Income103.59194.86192.29183.32
Profit After Tax3.464.433.803.19
EBITDA10.5516.6716.0013.21
NET Worth25.6221.8217.3712.35
Reserves and Surplus21.3817.5813.139.33
Total Borrowing42.7543.0135.9330.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets12.2912.6612.219.22
Total Income57.6558.2558.4457.90
Profit After Tax0.660.490.160.27
NET Worth6.335.665.104.95
Reserves and Surplus1.944.413.923.76
Total Borrowing3.914.634.022.59
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.96%100.00%
Promoter Shareholding (Post-Issue)69.96%73.01%
Market Cap₹110.19 Cr.₹15.60 Cr.

Shares Offered

In the AVG Logistics IPO Retail Individual Investors (RII) are offered 10,27,200 shares while in Continental Seeds IPO retail investors are offered 10,27,200 shares. Qualified Institutional Buyers (QIB) are offered 5,88,000 shares in AVG Logistics IPO and 0 shares in Continental Seeds IPO.

 AVG Logistics IPOContinental Seeds IPO
Anchor Investor Reservation8,79,600 shares0 shares
Market Maker Reservation1,54,800 shares84,000 shares
QIB5,88,000 shares0 shares
NII4,40,400 shares7,68,000 shares
RII10,27,200 shares7,68,000 shares
Employee0 shares0 shares
Total29,35,200 shares15,36,000 shares

Bids Received (Subscription)

AVG Logistics IPO subscribed 1.92x in total, whereas Continental Seeds IPO subscribed 1.46x.

 AVG Logistics IPOContinental Seeds IPO
QIB (times)1.22x
NII (times)7.59x0.56x
RII (times)1.54x2.36x
Total (times)1.92x1.46x

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AVG Logistics IPO Vs Continental Seeds IPO