Comparison between Droneacharya Aerial IPO and Uma Converter IPO.
IPO Details
Droneacharya Aerial IPO is a SME Fixed Price IPO proposed to list at BSE SME while Uma Converter IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Droneacharya Aerial IPO is up to ₹32.26 Cr whereas the issue size of the Uma Converter IPO is up to ₹17.42 Cr. The final issue price of Droneacharya Aerial IPO is ₹54.00 per share and of Uma Converter IPO is ₹33.00 per share.
IPO Timetable
Droneacharya Aerial IPO opens on Dec 13, 2022, while Uma Converter IPO opens on Dec 15, 2022. The closing date of Droneacharya Aerial IPO and Uma Converter IPO is Dec 15, 2022, and Dec 21, 2022, respectively.
| | Droneacharya Aerial IPO | Uma Converter IPO |
|---|
| Anchor Bid Date | Dec 12, 2022 | |
| Issue Open | Dec 13, 2022 | Dec 15, 2022 |
| Issue Close | Dec 15, 2022 | Dec 21, 2022 |
| Basis Of Allotment (Tentative) | Dec 20, 2022 | Dec 26, 2022 |
| Initiation of Refunds (Tentative) | Dec 21, 2022 | Dec 27, 2022 |
| Credit of Share (Tentative) | Dec 22, 2022 | Dec 28, 2022 |
| Listing date (Tentative) | Dec 23, 2022 | Dec 29, 2022 |
| Anchor Lockin End date 1 | Jan 19, 2023 | |
| Anchor Lockin End date 2 | Mar 20, 2023 | |
Financials & KPIs
Droneacharya Aerial IPO P/E ratio is 45, as compared to Uma Converter IPO P/E ratio of 10.31.
Shares Offered
In the Droneacharya Aerial IPO Retail Individual Investors (RII) are offered 20,92,000 shares while in Uma Converter IPO retail investors are offered 20,92,000 shares. Qualified Institutional Buyers (QIB) are offered 11,94,000 shares in Droneacharya Aerial IPO and in Uma Converter IPO.
| | Droneacharya Aerial IPO | Uma Converter IPO |
|---|
| Anchor Investor Reservation | 17,90,000 shares | |
| Market Maker Reservation | 3,16,000 shares | 3,00,000 shares |
| QIB | 11,94,000 shares | |
| NII | 8,98,000 shares | 26,40,000 shares |
| RII | 20,92,000 shares | 26,40,000 shares |
| Total | 59,74,000 shares | 52,80,000 shares |
Bids Received (Subscription)
Droneacharya Aerial IPO subscribed 183.57x in total, whereas Uma Converter IPO subscribed 16.66x.
