Dindigul Farm Product IPO vs Akiko Global IPO

Comparison between Dindigul Farm Product IPO and Akiko Global IPO.

IPO Details

Dindigul Farm Product IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Akiko Global IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Dindigul Farm Product IPO is up to ₹33.07 Cr whereas the issue size of the Akiko Global IPO is up to ₹21.95 Cr. The final issue price of Dindigul Farm Product IPO is ₹54.00 per share and of Akiko Global IPO is ₹77.00 per share.

 Dindigul Farm Product IPOAkiko Global IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹73.00 per share
Issue Price (Upper)₹54.00 per share₹77.00 per share
Issue Price (Final)₹54.00 per share₹77.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size61,24,000 shares28,51,200 shares
Fresh Issue Size (Amount)up to ₹33.07 Crup to ₹21.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,24,000 shares28,51,200 shares
Issue Size Total (Amount)up to ₹33.07 Crup to ₹21.95 Cr

IPO Timetable

Dindigul Farm Product IPO opens on Jun 20, 2024, while Akiko Global IPO opens on Jun 25, 2024. The closing date of Dindigul Farm Product IPO and Akiko Global IPO is Jun 24, 2024, and Jun 27, 2024, respectively.

 Dindigul Farm Product IPOAkiko Global IPO
Anchor Bid DateJun 19, 2024Jun 24, 2024
Issue OpenJun 20, 2024Jun 25, 2024
Issue CloseJun 24, 2024Jun 27, 2024
Basis Of Allotment (Tentative)Jun 25, 2024Jul 01, 2024
Initiation of Refunds (Tentative)Jun 26, 2024Jul 01, 2024
Credit of Share (Tentative)Jun 26, 2024Jul 01, 2024
Listing date (Tentative)Jun 27, 2024Jul 02, 2024
Anchor Lockin End date 1Jul 25, 2024Jul 31, 2024
Anchor Lockin End date 2Sep 23, 2024Sep 29, 2024

Financials & KPIs

Dindigul Farm Product IPO P/E ratio is 18.47, as compared to Akiko Global IPO P/E ratio of 13.2.

 Dindigul Farm Product IPOAkiko Global IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets51.2329.0029.9529.95
Total Income68.7781.9928.4518.41
Profit After Tax5.885.26-4.20-4.61
NET Worth3.94-16.38-21.63-17.43
Total Borrowing22.6423.9825.7927.16
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets17.9511.314.062.35
Total Income26.1039.5913.536.11
Profit After Tax3.214.530.780.23
NET Worth14.035.781.230.45
Reserves and Surplus6.275.741.210.43
Total Borrowing1.220.960.260.50
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)80.6692.77
Promoter Shareholding (Post-Issue)59.3666.91
P/E Ratio18.4713.2
Market Cap₹131.92 Cr.₹82.93 Cr.
ROE-9532.44%
ROCE6229.23%
Debt/Equity4.630.09
EPS₹2.92₹5.83
RoNW149.3622.91%

Shares Offered

In the Dindigul Farm Product IPO Retail Individual Investors (RII) are offered 21,44,000 shares while in Akiko Global IPO retail investors are offered 21,44,000 shares. Qualified Institutional Buyers (QIB) are offered 12,26,000 shares in Dindigul Farm Product IPO and 5,69,600 shares in Akiko Global IPO.

 Dindigul Farm Product IPOAkiko Global IPO
Anchor Investor Reservation18,34,000 shares8,54,400 shares
Market Maker Reservation3,26,000 shares1,50,400 shares
QIB12,26,000 shares5,69,600 shares
NII9,20,000 shares4,28,800 shares
RII21,44,000 shares9,98,400 shares
Employee
Others
Total61,24,000 shares28,51,200 shares

Bids Received (Subscription)

Dindigul Farm Product IPO subscribed 202.35x in total, whereas Akiko Global IPO subscribed 34.96x.

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Dindigul Farm Product IPO Vs Akiko Global IPO