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Axita Cotton IPO vs Diksha Greens IPO

Comparison between Axita Cotton IPO and Diksha Greens IPO.

IPO Details

Axita Cotton IPO is a SME Fixed Price IPO proposed to list at BSE SME while Diksha Greens IPO is a SME Fixed Price proposed to list at BSE SME.

 Axita Cotton IPODiksha Greens IPO
LogoAxita Cotton IPO LogoDiksha Greens IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Broking Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerBeeline Broking Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Axita Cotton IPO is up to ₹9.96 Cr whereas the issue size of the Diksha Greens IPO is up to ₹12.65 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Diksha Greens IPO is ₹30.00 per share.

 Axita Cotton IPODiksha Greens IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹60.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size16,60,000 shares42,16,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹12.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,60,000 shares42,16,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹12.65 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while Diksha Greens IPO opens on Nov 26, 2018. The closing date of Axita Cotton IPO and Diksha Greens IPO is Jan 02, 2019, and Nov 28, 2018, respectively.

 Axita Cotton IPODiksha Greens IPO
Anchor Bid Date
Issue OpenDec 27, 2018Nov 26, 2018
Issue CloseJan 02, 2019Nov 28, 2018
Basis Of Allotment (Tentative)Jan 07, 2019
Initiation of Refunds (Tentative)Jan 08, 2019
Credit of Share (Tentative)Jan 09, 2019
Listing date (Tentative)Jan 10, 2019Dec 05, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Axita Cotton IPO P/E ratio is , as compared to Diksha Greens IPO P/E ratio of .

 Axita Cotton IPODiksha Greens IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Jun-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 2,556.03 2,229.49 1,750.51 1,387.41 1,330.79 1,324.53
Total Revenue 2,121.59 12,392.36 9,152.24 6,875.95 7,705.35 1,736.10
Profit After Tax 32.60 82.13 2.71 12.46 (28.51) 5.85
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 3,095.12 2,464.57 3,230.98 1,850.08 2,057.95 2,133.56
Total Revenue 1,256.07 4,182.95 5,446.68 5,422.61 5,424.85 5,300.53
Profit After Tax 41.45 55.05 63.78 45.99 40.33 38.59
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Diksha Greens IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Axita Cotton IPO and in Diksha Greens IPO.

 Axita Cotton IPODiksha Greens IPO
Anchor Investor Reserveration
Market Maker Reserveration92,000 shares2,24,000 shares
QIB
NII8,30,000 shares21,08,000 shares
RII8,30,000 shares21,08,000 shares
Employee
Others
Total16,60,000 shares42,16,000 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas Diksha Greens IPO subscribed 1.07x.

 Axita Cotton IPODiksha Greens IPO
QIB (times)
NII (times)2.40x1.99x
Big NII (times)
Small NII (times)
RII (times)1.55x0.07x
Employee (times)
Other (times)
Total (times)1.98x1.07x