Comparison between Avi Ansh Textile IPO and Divyadhan Recycling IPO.
Avi Ansh Textile IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Divyadhan Recycling IPO is a SME Bookbuilding proposed to list at NSE SME.
| Avi Ansh Textile IPO | Divyadhan Recycling IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | 3Dimension Capital Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Kantilal Chhaganlal Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Avi Ansh Textile IPO is up to ₹24.68 Cr whereas the issue size of the Divyadhan Recycling IPO is up to ₹22.89 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Divyadhan Recycling IPO is ₹64.00 per share.
| Avi Ansh Textile IPO | Divyadhan Recycling IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | |
| Issue Price (Upper) | ₹64.00 per share | |
| Issue Price (Final) | ₹62.00 per share | ₹64.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 39,80,000 shares | 35,76,000 shares |
| Fresh Issue Size (Amount) | up to ₹24.68 Cr | up to ₹22.89 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 39,80,000 shares | 35,76,000 shares |
| Issue Size Total (Amount) | up to ₹24.68 Cr | up to ₹22.89 Cr |
Avi Ansh Textile IPO opens on Sep 20, 2024, while Divyadhan Recycling IPO opens on Sep 26, 2024. The closing date of Avi Ansh Textile IPO and Divyadhan Recycling IPO is Sep 24, 2024, and Sep 30, 2024, respectively.
| Avi Ansh Textile IPO | Divyadhan Recycling IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | |
| Issue Open | Sep 20, 2024 | Sep 26, 2024 |
| Issue Close | Sep 24, 2024 | Sep 30, 2024 |
| Basis Of Allotment (Tentative) | Sep 25, 2024 | Oct 01, 2024 |
| Initiation of Refunds (Tentative) | Sep 26, 2024 | Oct 03, 2024 |
| Credit of Share (Tentative) | Sep 26, 2024 | Oct 03, 2024 |
| Listing date (Tentative) | Sep 27, 2024 | Oct 04, 2024 |
| Anchor Lockin End date 1 | Nov 03, 2024 | |
| Anchor Lockin End date 2 | Jan 03, 2025 |
Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Divyadhan Recycling IPO P/E ratio of 28.34.
| Avi Ansh Textile IPO | Divyadhan Recycling IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.67 | 94.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.98 | 69.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.31 | 28.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.67 Cr. | ₹91.56 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.88 | 18.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.88 | 20.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.82 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.39 | ₹2.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.88 | 18.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avi Ansh Textile IPO Retail Individual Investors (RII) are offered 19,90,000 shares while in Divyadhan Recycling IPO retail investors are offered 19,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Avi Ansh Textile IPO and 7,16,000 shares in Divyadhan Recycling IPO.
| Avi Ansh Textile IPO | Divyadhan Recycling IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,70,000 shares | |
| Market Maker Reservation | 2,12,000 shares | 2,00,000 shares |
| QIB | 7,16,000 shares | |
| NII | 19,90,000 shares | 5,38,000 shares |
| RII | 19,90,000 shares | 12,52,000 shares |
| Employee | ||
| Others | ||
| Total | 39,80,000 shares | 35,76,000 shares |
Avi Ansh Textile IPO subscribed 8.32x in total, whereas Divyadhan Recycling IPO subscribed 28.68x.
| Avi Ansh Textile IPO | Divyadhan Recycling IPO | |
|---|---|---|
| QIB (times) | 29.39x | |
| NII (times) | 5.26x | 76.03x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.38x | 32.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.32x | 28.68x |
