Ashoka Metcast IPO vs CRP Risk Management IPO

Comparison between Ashoka Metcast IPO and CRP Risk Management IPO.

IPO Details

Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while CRP Risk Management IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the CRP Risk Management IPO is up to ₹29.21 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of CRP Risk Management IPO is ₹60.00 per share.

 Ashoka Metcast IPOCRP Risk Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size56,88,000 shares37,32,000 shares
Fresh Issue Size (Amount)up to ₹11.38 Crup to ₹22.39 Cr
OFS Issue Size0 shares11,36,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.82 Cr
Issue Size Total56,88,000 shares48,68,000 shares
Issue Size Total (Amount)up to ₹11.38 Crup to ₹29.21 Cr

IPO Timetable

Ashoka Metcast IPO opens on Jan 23, 2018, while CRP Risk Management IPO opens on Jan 18, 2018. The closing date of Ashoka Metcast IPO and CRP Risk Management IPO is Jan 25, 2018, and Jan 22, 2018, respectively.

 Ashoka Metcast IPOCRP Risk Management IPO
Issue OpenJan 23, 2018Jan 18, 2018
Issue CloseJan 25, 2018Jan 22, 2018
Basis Of Allotment (Tentative)Jan 31, 2018Jan 25, 2018
Listing date (Tentative)Feb 05, 2018Jan 31, 2018

Financials & KPIs

Ashoka Metcast IPO P/E ratio is , as compared to CRP Risk Management IPO P/E ratio of .

 Ashoka Metcast IPOCRP Risk Management IPO
Financials

Company Financials (Restated)

Period Ended15 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets16.5910.5818.281.28
Total Income6.520.100.000.01
Profit After Tax0.050.010.000.01
NET Worth9.320.010.000.00
Reserves and Surplus4.760.00-0.01-0.01
Total Borrowing5.050.101.28
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201731 Mar 201731 Mar 201631 Mar 2015
Assets61.4159.3663.7463.80
Total Income24.5982.1174.7192.31
Profit After Tax1.645.051.784.21
NET Worth31.0229.3824.1322.23
Reserves and Surplus18.0222.8817.8216.05
Total Borrowing16.6316.9121.9024.48
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%86.07%
Promoter Shareholding (Post-Issue)43.98%66.38%
Market Cap₹21.42 Cr.₹104.91 Cr.

Shares Offered

In the Ashoka Metcast IPO Retail Individual Investors (RII) are offered 28,44,000 shares while in CRP Risk Management IPO retail investors are offered 28,44,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ashoka Metcast IPO and 0 shares in CRP Risk Management IPO.

 Ashoka Metcast IPOCRP Risk Management IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,12,000 shares2,68,000 shares
QIB0 shares0 shares
NII28,44,000 shares24,34,000 shares
RII28,44,000 shares24,34,000 shares
Employee0 shares0 shares
Total56,88,000 shares48,68,000 shares

Bids Received (Subscription)

Ashoka Metcast IPO subscribed 1.57x in total, whereas CRP Risk Management IPO subscribed 2.27x.

 Ashoka Metcast IPOCRP Risk Management IPO
NII (times)0.51x0.67x
RII (times)2.63x3.87x
Total (times)1.57x2.27x

Compare with others

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Ashoka Metcast IPO Vs CRP Risk Management IPO