Aprameya Engineering IPO vs Esprit Stones IPO

Comparison between Aprameya Engineering IPO and Esprit Stones IPO.

IPO Details

Aprameya Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Esprit Stones IPO is a SME Bookbuilding proposed to list at NSE SME.

	Aprameya Engineering IPO	Esprit Stones IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Srujan Alpha Capital Advisors LLP
Registrar	MUFG Intime India Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Choice Equity Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aprameya Engineering IPO is up to ₹27.76 Cr whereas the issue size of the Esprit Stones IPO is up to ₹47.82 Cr. The final issue price of Aprameya Engineering IPO is ₹58.00 per share and of Esprit Stones IPO is ₹87.00 per share.

	Aprameya Engineering IPO	Esprit Stones IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹82.00 per share
Issue Price (Upper)	₹58.00 per share	₹87.00 per share
Issue Price (Final)	₹58.00 per share	₹87.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)		₹5.00 per share
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	47,86,000 shares	55,04,000 shares
Fresh Issue Size (Amount)	up to ₹27.76 Cr	up to ₹47.82 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	47,86,000 shares	55,04,000 shares
Issue Size Total (Amount)	up to ₹27.76 Cr	up to ₹47.82 Cr

IPO Timetable

Aprameya Engineering IPO opens on Jul 25, 2024, while Esprit Stones IPO opens on Jul 26, 2024. The closing date of Aprameya Engineering IPO and Esprit Stones IPO is Jul 29, 2024, and Jul 30, 2024, respectively.

	Aprameya Engineering IPO	Esprit Stones IPO
Anchor Bid Date	Jul 24, 2024	Jul 25, 2024
Issue Open	Jul 25, 2024	Jul 26, 2024
Issue Close	Jul 29, 2024	Jul 30, 2024
Basis Of Allotment (Tentative)	Jul 30, 2024	Jul 31, 2024
Initiation of Refunds (Tentative)	Jul 31, 2024	Aug 01, 2024
Credit of Share (Tentative)	Jul 31, 2024	Aug 01, 2024
Listing date (Tentative)	Aug 01, 2024	Aug 02, 2024
Anchor Lockin End date 1	Aug 29, 2024	Aug 30, 2024
Anchor Lockin End date 2	Oct 28, 2024	Oct 29, 2024

Financials & KPIs

Aprameya Engineering IPO P/E ratio is 23.49, as compared to Esprit Stones IPO P/E ratio of 13.62.

Aprameya Engineering IPO

Esprit Stones IPO

Financials

Aprameya Engineering Limited Financial Information (Restated)

Aprameya Engineering Limited's revenue decreased by -16.23% and profit after tax (PAT) dropped by -35.62% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,560.42	6,189.03	4,870.84
Total Income	6,562.22	7,833.35	20,026.16
Profit After Tax	345.67	536.92	1,661.91
Net Worth	2,336.76	1,992.49	1,452.94
Reserves and Surplus	936.76	592.49	752.94
Total Borrowing	4,204.83	2,873.95	1,368.28
Amount in ₹ Lakhs

Esprit Stones Limited Financial Information (Restated)

Esprit Stones Limited's revenue increased by 56.07% and profit after tax (PAT) rose by 190.04% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	27,459.35	23,802.24	18,069.74
Total Income	27,477.82	17,606.52	19,002.60
Profit After Tax	1,031.73	355.72	1,850.53
Net Worth	7,238.80	6,227.81	5,893.32
Reserves and Surplus	5,623.80	5,277.81	4,943.32
Total Borrowing	12,541.91	11,879.55	5,799.76
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

Promoter Shareholding (Post-Issue)

73.53

P/E Ratio

23.49

13.62

Market Cap

₹110.43 Cr.

₹190.92 Cr.

ROE

15.97%

ROCE

9.60%

12.39%

Debt/Equity

1.80

1.72

EPS

₹2.47

₹6.39

RoNW

14.79%

15.09%

Shares Offered

In the Aprameya Engineering IPO Retail Individual Investors (RII) are offered 16,76,000 shares while in Esprit Stones IPO retail investors are offered 16,76,000 shares. Qualified Institutional Buyers (QIB) are offered 9,58,000 shares in Aprameya Engineering IPO and 10,75,200 shares in Esprit Stones IPO.

	Aprameya Engineering IPO	Esprit Stones IPO
Anchor Investor Reserveration	14,34,000 shares	16,12,800 shares
Market Maker Reserveration	2,54,000 shares	2,91,200 shares
QIB	9,58,000 shares	10,75,200 shares
NII	7,18,000 shares	8,06,400 shares
RII	16,76,000 shares	18,81,600 shares
Employee		1,28,000 shares
Others
Total	47,86,000 shares	55,04,000 shares

Bids Received (Subscription)

Aprameya Engineering IPO subscribed 192.57x in total, whereas Esprit Stones IPO subscribed 185.82x.

	Aprameya Engineering IPO	Esprit Stones IPO
QIB (times)	90.29x	117.63x
NII (times)	339.99x	399.58x
Big NII (times)
Small NII (times)
RII (times)	187.88x	145.75x
Employee (times)
Other (times)
Total (times)	192.57x	185.82x

Compare with others

Aprameya Engineering IPO	Esprit Stones IPO
Bulkcorp International IPO	Ashapura Logistics IPO
Sathlokhar Synergys E&C IPO	Rajputana Industries IPO
Trom Industries IPO	Bulkcorp International IPO
Esprit Stones IPO	Sathlokhar Synergys E&C IPO
S A Tech Software IPO	Trom Industries IPO
Manglam Infra IPO	S A Tech Software IPO
Chetana Education IPO	Aprameya Engineering IPO
Clinitech Laboratory IPO	Manglam Infra IPO
VVIP Infratech IPO	Chetana Education IPO
V.L.Infraprojects IPO	Clinitech Laboratory IPO