Comparison between Arham Technologies IPO and Droneacharya Aerial IPO.
Arham Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Droneacharya Aerial IPO is a SME Bookbuilding proposed to list at BSE SME.
| Arham Technologies IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | R.K.Stock Holding 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 Arham Technologies IPO is up to ₹9.10 Cr whereas the issue size of the Droneacharya Aerial IPO is up to ₹32.26 Cr. The final issue price of Arham Technologies IPO is ₹42.00 per share and of Droneacharya Aerial IPO is ₹54.00 per share.
| Arham Technologies IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹42.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 21,66,000 shares | 59,74,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.10 Cr | up to ₹32.26 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 | 21,66,000 shares | 59,74,000 shares |
| Issue Size Total (Amount) | up to ₹9.10 Cr | up to ₹32.26 Cr |
Arham Technologies IPO opens on Dec 05, 2022, while Droneacharya Aerial IPO opens on Dec 13, 2022. The closing date of Arham Technologies IPO and Droneacharya Aerial IPO is Dec 07, 2022, and Dec 15, 2022, respectively.
| Arham Technologies IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Anchor Bid Date | Dec 12, 2022 | |
| Issue Open | Dec 05, 2022 | Dec 13, 2022 |
| Issue Close | Dec 07, 2022 | Dec 15, 2022 |
| Basis Of Allotment (Tentative) | Dec 12, 2022 | Dec 20, 2022 |
| Initiation of Refunds (Tentative) | Dec 13, 2022 | Dec 21, 2022 |
| Credit of Share (Tentative) | Dec 14, 2022 | Dec 22, 2022 |
| Listing date (Tentative) | Dec 15, 2022 | Dec 23, 2022 |
| Anchor Lockin End date 1 | Jan 19, 2023 | |
| Anchor Lockin End date 2 | Mar 20, 2023 |
Arham Technologies IPO P/E ratio is 13.82, as compared to Droneacharya Aerial IPO P/E ratio of 45.
| Arham Technologies IPO | Droneacharya Aerial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 38.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.05 | 28.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.82 | 45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹35.53 Cr. | ₹129.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.89 | ₹0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.33 | 2.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arham Technologies IPO Retail Individual Investors (RII) are offered 10,83,000 shares while in Droneacharya Aerial IPO retail investors are offered 10,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Arham Technologies IPO and 11,94,000 shares in Droneacharya Aerial IPO.
| Arham Technologies IPO | Droneacharya Aerial IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,90,000 shares | |
| Market Maker Reservation | 1,14,000 shares | 3,16,000 shares |
| QIB | 11,94,000 shares | |
| NII | 10,83,000 shares | 8,98,000 shares |
| RII | 10,83,000 shares | 20,92,000 shares |
| Employee | ||
| Others | ||
| Total | 21,66,000 shares | 59,74,000 shares |
Arham Technologies IPO subscribed 450.03x in total, whereas Droneacharya Aerial IPO subscribed 243.70x.
| Arham Technologies IPO | Droneacharya Aerial IPO | |
|---|---|---|
| QIB (times) | 46.21x | |
| NII (times) | 418.27x | 287.80x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 481.79x | 330.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 450.03x | 243.70x |
