Comparison between Arihant Academy IPO and Dollex Agrotech IPO.
IPO Details
Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Dollex Agrotech IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the Dollex Agrotech IPO is up to ₹23.16 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of Dollex Agrotech IPO is ₹35.00 per share.
| | Arihant Academy IPO | Dollex Agrotech IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹90.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 4000 shares |
| Fresh Issue Size | 15,52,000 shares | 46,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.97 Cr | up to ₹16.16 Cr |
| OFS Issue Size | 0 shares | 20,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7.00 Cr |
| Issue Size Total | 15,52,000 shares | 66,16,000 shares |
| Issue Size Total (Amount) | up to ₹13.97 Cr | up to ₹23.16 Cr |
IPO Timetable
Arihant Academy IPO opens on Dec 16, 2022, while Dollex Agrotech IPO opens on Dec 15, 2022. The closing date of Arihant Academy IPO and Dollex Agrotech IPO is Dec 21, 2022, and Dec 20, 2022, respectively.
| | Arihant Academy IPO | Dollex Agrotech IPO |
|---|
| Issue Open | Dec 16, 2022 | Dec 15, 2022 |
| Issue Close | Dec 21, 2022 | Dec 20, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 23, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Dec 26, 2022 |
| Credit of Share (Tentative) | Dec 28, 2022 | Dec 27, 2022 |
| Listing date (Tentative) | Dec 29, 2022 | Dec 28, 2022 |
Financials & KPIs
Arihant Academy IPO P/E ratio is 19.11, as compared to Dollex Agrotech IPO P/E ratio of 14.46.
Shares Offered
In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in Dollex Agrotech IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and 0 shares in Dollex Agrotech IPO.
| | Arihant Academy IPO | Dollex Agrotech IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 83,200 shares | 3,52,000 shares |
| QIB | | 0 shares |
| NII | 7,76,000 shares | 33,08,000 shares |
| RII | 7,76,000 shares | 33,08,000 shares |
| Employee | | 0 shares |
| Total | 15,52,000 shares | 66,16,000 shares |
Bids Received (Subscription)
Arihant Academy IPO subscribed 235.87x in total, whereas Dollex Agrotech IPO subscribed 1.88x.
