Auro Impex IPO vs De Neers Tools IPO

Comparison between Auro Impex IPO and De Neers Tools IPO.

IPO Details

Auro Impex IPO is a SME Bookbuilding IPO proposed to list at NSE SME while De Neers Tools IPO is a SME Bookbuilding proposed to list at NSE SME.

	Auro Impex IPO	De Neers Tools IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Affinity Global Capital Market Pvt.Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	Cameo Corporate Services Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Auro Impex IPO is up to ₹25.71 Cr whereas the issue size of the De Neers Tools IPO is up to ₹21.83 Cr. The final issue price of Auro Impex IPO is ₹78.00 per share and of De Neers Tools IPO is ₹101.00 per share.

	Auro Impex IPO	De Neers Tools IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹74.00 per share	₹95.00 per share
Issue Price (Upper)	₹78.00 per share	₹101.00 per share
Issue Price (Final)	₹78.00 per share	₹101.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	27,45,600 shares	21,61,200 shares
Fresh Issue Size (Amount)	up to ₹21.42 Cr	up to ₹21.83 Cr
OFS Issue Size	5,50,400 shares	0 shares
OFS Issue Size (Amount)	up to ₹4.29 Cr	up to ₹0.00 Cr
Issue Size Total	32,96,000 shares	21,61,200 shares
Issue Size Total (Amount)	up to ₹25.71 Cr	up to ₹21.83 Cr

IPO Timetable

Auro Impex IPO opens on May 11, 2023, while De Neers Tools IPO opens on Apr 28, 2023. The closing date of Auro Impex IPO and De Neers Tools IPO is May 15, 2023, and May 03, 2023, respectively.

	Auro Impex IPO	De Neers Tools IPO
Anchor Bid Date
Issue Open	May 11, 2023	Apr 28, 2023
Issue Close	May 15, 2023	May 03, 2023
Basis Of Allotment (Tentative)	May 18, 2023	May 08, 2023
Initiation of Refunds (Tentative)	May 19, 2023	May 09, 2023
Credit of Share (Tentative)	May 22, 2023	May 10, 2023
Listing date (Tentative)	May 23, 2023	May 11, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Auro Impex IPO P/E ratio is 12.07, as compared to De Neers Tools IPO P/E ratio of .

Auro Impex IPO

De Neers Tools IPO

Financials

Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,841.42	3,760.98	27.01		322.62
31-Mar-21	3,360.59	7,372.70	90.54		413.16
31-Mar-22	6,219.56	15,184.93	230.03	1,155.04	1,077.70	3,679.97
31-Mar-23	8,228.09	23,296.54	599.92	1,754.96	826.88	4,875.92
Amount in ₹ Lakhs

De Neers Tools Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	5,570.44	7,349.62	43.94	704.24	712.87	484.58
31-Mar-21	6,111.28	6,211.77	65.77	320.47	317.42	1,147.84
31-Mar-22	9,933.52	8,008.68	504.42	2,382.27	654.27	2,435.85
31-Oct-22	12,558.14	5,602.65	386.98	3,044.13	411.13	2,406.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

91.14

Promoter Shareholding (Post-Issue)

P/E Ratio

12.07

Market Cap

₹95.17 Cr.

ROE

ROCE

Debt/Equity

2.77

EPS

₹6.00

₹7.97

RoNW

19.92%

21.17%

Shares Offered

In the Auro Impex IPO Retail Individual Investors (RII) are offered 18,46,400 shares while in De Neers Tools IPO retail investors are offered 18,46,400 shares. Qualified Institutional Buyers (QIB) are offered 3,29,600 shares in Auro Impex IPO and 10,78,800 shares in De Neers Tools IPO.

	Auro Impex IPO	De Neers Tools IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,74,400 shares	1,15,200 shares
QIB	3,29,600 shares	10,78,800 shares
NII	11,20,000 shares	3,25,200 shares
RII	18,46,400 shares	7,57,200 shares
Employee
Others
Total	32,96,000 shares	21,61,200 shares

Bids Received (Subscription)

Auro Impex IPO subscribed 66.94x in total, whereas De Neers Tools IPO subscribed 15.04x.

	Auro Impex IPO	De Neers Tools IPO
QIB (times)	31.67x	3.72x
NII (times)	104.05x	60.16x
Big NII (times)
Small NII (times)
RII (times)	50.72x	11.88x
Employee (times)
Other (times)
Total (times)	66.94x	15.04x

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