Comparison between Aristo Bio-Tech IPO and Earthstahl IPO.
IPO Details
Aristo Bio-Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Earthstahl IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Aristo Bio-Tech IPO is up to ₹12.40 Cr whereas the issue size of the Earthstahl IPO is up to ₹12.29 Cr. The final issue price of Aristo Bio-Tech IPO is ₹72.00 per share and of Earthstahl IPO is ₹40.00 per share.
IPO Timetable
Aristo Bio-Tech IPO opens on Jan 16, 2023, while Earthstahl IPO opens on Jan 27, 2023. The closing date of Aristo Bio-Tech IPO and Earthstahl IPO is Jan 19, 2023, and Jan 31, 2023, respectively.
| | Aristo Bio-Tech IPO | Earthstahl IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 16, 2023 | Jan 27, 2023 |
| Issue Close | Jan 19, 2023 | Jan 31, 2023 |
| Basis Of Allotment (Tentative) | Jan 24, 2023 | Feb 03, 2023 |
| Initiation of Refunds (Tentative) | Jan 25, 2023 | Feb 06, 2023 |
| Credit of Share (Tentative) | Jan 27, 2023 | Feb 07, 2023 |
| Listing date (Tentative) | Jan 30, 2023 | Feb 08, 2023 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
Aristo Bio-Tech IPO P/E ratio is 9.46, as compared to Earthstahl IPO P/E ratio of 4.22.
Shares Offered
In the Aristo Bio-Tech IPO Retail Individual Investors (RII) are offered 8,60,800 shares while in Earthstahl IPO retail investors are offered 8,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Aristo Bio-Tech IPO and 9,18,000 shares in Earthstahl IPO.
| | Aristo Bio-Tech IPO | Earthstahl IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 91,200 shares | 1,68,000 shares |
| QIB | | 9,18,000 shares |
| NII | 8,60,800 shares | 10,77,000 shares |
| RII | 8,60,800 shares | 10,77,000 shares |
| Employee | | |
| Others | | |
| Total | 17,21,600 shares | 30,72,000 shares |
Bids Received (Subscription)
Aristo Bio-Tech IPO subscribed 217.72x in total, whereas Earthstahl IPO subscribed 235.18x.
