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Anand Rayons IPO vs Earum Pharmaceuticals IPO

Comparison between Anand Rayons IPO and Earum Pharmaceuticals IPO.

IPO Details

Anand Rayons IPO is a SME Fixed Price IPO proposed to list at BSE SME while Earum Pharmaceuticals IPO is a SME Fixed Price proposed to list at BSE SME.

 Anand Rayons IPOEarum Pharmaceuticals IPO
LogoAnand Rayons IPO LogoEarum Pharmaceuticals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBasan Equity Broking Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Anand Rayons IPO is up to ₹12.01 Cr whereas the issue size of the Earum Pharmaceuticals IPO is up to ₹6.31 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Earum Pharmaceuticals IPO is ₹36.00 per share.

 Anand Rayons IPOEarum Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹27.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares3000 shares
Fresh Issue Size44,48,000 shares17,52,000 shares
Fresh Issue Size (Amount)up to ₹12.01 Crup to ₹6.31 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,48,000 shares17,52,000 shares
Issue Size Total (Amount)up to ₹12.01 Crup to ₹6.31 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Earum Pharmaceuticals IPO opens on Jun 21, 2019. The closing date of Anand Rayons IPO and Earum Pharmaceuticals IPO is Jun 24, 2019, and Jun 26, 2019, respectively.

 Anand Rayons IPOEarum Pharmaceuticals IPO
Anchor Bid Date
Issue OpenJun 18, 2019Jun 21, 2019
Issue CloseJun 24, 2019Jun 26, 2019
Basis Of Allotment (Tentative)Jul 01, 2019
Initiation of Refunds (Tentative)Jun 28, 2019Jul 02, 2019
Credit of Share (Tentative)Jul 01, 2019Jul 03, 2019
Listing date (Tentative)Jul 02, 2019Jul 04, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Anand Rayons IPO P/E ratio is , as compared to Earum Pharmaceuticals IPO P/E ratio of .

 Anand Rayons IPOEarum Pharmaceuticals IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Jan-19 31-Mar-18 31-Dec-17 31-Mar-16
Total Assets 6,103.46 5,942.08 5,809.05 3,796.06
Total Revenue 23,176.44 25,959.08 27,062.38 21,992.23
Profit After Tax 172.41 145.14 104.70 45.73
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Dec-17 31-Mar-16
Total Assets 2,741.00 2,052.88 1,108.45 878.71
Total Revenue 3,449.85 3,543.67 2,333.95 1,856.66
Profit After Tax 86.51 85.65 15.98 9.76
Promoter Shareholding (Pre-Issue)100
Promoter Shareholding (Post-Issue)70.04
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Anand Rayons IPO Retail Individual Investors (RII) are offered 22,24,000 shares while in Earum Pharmaceuticals IPO retail investors are offered 22,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Anand Rayons IPO and in Earum Pharmaceuticals IPO.

 Anand Rayons IPOEarum Pharmaceuticals IPO
Anchor Investor Reserveration
Market Maker Reserveration2,40,000 shares96,000 shares
QIB
NII22,24,000 shares8,76,000 shares
RII22,24,000 shares8,76,000 shares
Employee
Others
Total44,48,000 shares17,52,000 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Earum Pharmaceuticals IPO subscribed 1.60x.

 Anand Rayons IPOEarum Pharmaceuticals IPO
QIB (times)
NII (times)1.86x1.72x
Big NII (times)
Small NII (times)
RII (times)0.48x1.48x
Employee (times)
Other (times)
Total (times)1.17x1.60x