Comparison between Durlax Top Surface IPO and Akiko Global IPO.
Durlax Top Surface IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Akiko Global IPO is a SME Bookbuilding proposed to list at NSE SME.
| Durlax Top Surface IPO | Akiko Global IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Novus Capital Advisors Private Limited |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Globalworth Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Durlax Top Surface IPO is up to ₹38.76 Cr whereas the issue size of the Akiko Global IPO is up to ₹21.95 Cr. The final issue price of Durlax Top Surface IPO is ₹68.00 per share and of Akiko Global IPO is ₹77.00 per share.
| Durlax Top Surface IPO | Akiko Global IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | ₹73.00 per share |
| Issue Price (Upper) | ₹68.00 per share | ₹77.00 per share |
| Issue Price (Final) | ₹68.00 per share | ₹77.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 39,00,000 shares | 28,51,200 shares |
| Fresh Issue Size (Amount) | up to ₹26.52 Cr | up to ₹21.95 Cr |
| OFS Issue Size | 18,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹12.24 Cr | up to ₹0.00 Cr |
| Issue Size Total | 57,00,000 shares | 28,51,200 shares |
| Issue Size Total (Amount) | up to ₹38.76 Cr | up to ₹21.95 Cr |
Durlax Top Surface IPO opens on Jun 19, 2024, while Akiko Global IPO opens on Jun 25, 2024. The closing date of Durlax Top Surface IPO and Akiko Global IPO is Jun 21, 2024, and Jun 27, 2024, respectively.
| Durlax Top Surface IPO | Akiko Global IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 24, 2024 |
| Issue Open | Jun 19, 2024 | Jun 25, 2024 |
| Issue Close | Jun 21, 2024 | Jun 27, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jul 01, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jul 01, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jul 01, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jul 02, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 31, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 29, 2024 |
Durlax Top Surface IPO P/E ratio is 16.73, as compared to Akiko Global IPO P/E ratio of 13.2.
| Durlax Top Surface IPO | Akiko Global IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.44 | 92.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.35 | 66.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.73 | 13.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹113.07 Cr. | ₹82.93 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.20% | 32.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.20% | 29.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.78 | 0.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹5.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.12% | 22.91% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Durlax Top Surface IPO Retail Individual Investors (RII) are offered 20,00,000 shares while in Akiko Global IPO retail investors are offered 20,00,000 shares. Qualified Institutional Buyers (QIB) are offered 22,52,000 shares in Durlax Top Surface IPO and 5,69,600 shares in Akiko Global IPO.
| Durlax Top Surface IPO | Akiko Global IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,92,000 shares | 8,54,400 shares |
| Market Maker Reservation | 3,00,000 shares | 1,50,400 shares |
| QIB | 22,52,000 shares | 5,69,600 shares |
| NII | 8,56,000 shares | 4,28,800 shares |
| RII | 20,00,000 shares | 9,98,400 shares |
| Employee | ||
| Others | ||
| Total | 57,00,000 shares | 28,51,200 shares |
Durlax Top Surface IPO subscribed 166.79x in total, whereas Akiko Global IPO subscribed 34.96x.
| Durlax Top Surface IPO | Akiko Global IPO | |
|---|---|---|
| QIB (times) | 48.29x | 10.21x |
| NII (times) | 415.06x | 48.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 193.95x | 45.57x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 166.79x | 34.96x |
