Active Clothing IPO vs East India Securities IPO

Comparison between Active Clothing IPO and East India Securities IPO.

IPO Details

Active Clothing IPO is a SME Fixed Price IPO proposed to list at BSE SME while East India Securities IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Active Clothing IPO is up to ₹25.22 Cr whereas the issue size of the East India Securities IPO is up to ₹88.10 Cr. The final issue price of Active Clothing IPO is ₹65.00 per share and of East India Securities IPO is ₹920.00 per share.

 Active Clothing IPOEast India Securities IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹65.00 per share₹920.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares160 shares
Fresh Issue Size38,80,000 shares0 shares
Fresh Issue Size (Amount)up to ₹25.22 Crup to ₹0.00 Cr
OFS Issue Size0 shares9,57,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹88.10 Cr
Issue Size Total38,80,000 shares9,57,600 shares
Issue Size Total (Amount)up to ₹25.22 Crup to ₹88.10 Cr

IPO Timetable

Active Clothing IPO opens on Mar 12, 2018, while East India Securities IPO opens on Mar 05, 2018. The closing date of Active Clothing IPO and East India Securities IPO is Mar 16, 2018, and Mar 07, 2018, respectively.

 Active Clothing IPOEast India Securities IPO
Issue OpenMar 12, 2018Mar 05, 2018
Issue CloseMar 16, 2018Mar 07, 2018
Basis Of Allotment (Tentative)Mar 21, 2018Mar 13, 2018
Listing date (Tentative)Mar 26, 2018Mar 13, 2018

Financials & KPIs

Active Clothing IPO P/E ratio is , as compared to East India Securities IPO P/E ratio of .

 Active Clothing IPOEast India Securities IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets118.95109.9898.3784.88
Total Income99.12120.05112.09110.68
Profit After Tax1.871.861.531.54
NET Worth31.1129.4927.6226.01
Reserves and Surplus30.9229.3127.4325.82
Total Borrowing71.9861.5357.3745.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets302.42283.79276.58276.79
Total Income41.0844.5033.4940.13
Profit After Tax28.2727.7415.8614.98
NET Worth289.38261.11232.09216.23
Reserves and Surplus285.71257.45228.43212.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.89%100%
Promoter Shareholding (Post-Issue)73.58%72.52%
Market Cap₹100.83 Cr.₹337.36 Cr.

Shares Offered

In the Active Clothing IPO Retail Individual Investors (RII) are offered 19,40,000 shares while in East India Securities IPO retail investors are offered 19,40,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Active Clothing IPO and 0 shares in East India Securities IPO.

 Active Clothing IPOEast India Securities IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,06,000 shares50,400 shares
QIB0 shares0 shares
NII19,40,000 shares4,78,720 shares
RII19,40,000 shares4,78,880 shares
Employee0 shares0 shares
Total38,80,000 shares9,57,600 shares

Bids Received (Subscription)

Active Clothing IPO subscribed 1.17x in total, whereas East India Securities IPO subscribed 1.69x.

 Active Clothing IPOEast India Securities IPO
NII (times)1.91x0.00x
RII (times)0.43x0.00x
Total (times)1.17x1.69x

Compare with others

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Active Clothing IPO Vs East India Securities IPO