Anand Rayons IPO vs Evans Electric IPO

Comparison between Anand Rayons IPO and Evans Electric IPO.

IPO Details

Anand Rayons IPO is a SME Fixed Price IPO proposed to list at BSE SME while Evans Electric IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Anand Rayons IPO is up to ₹12.01 Cr whereas the issue size of the Evans Electric IPO is up to ₹1.83 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Evans Electric IPO is ₹52.00 per share.

 Anand Rayons IPOEvans Electric IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹27.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size44,48,000 shares3,52,000 shares
Fresh Issue Size (Amount)up to ₹12.01 Crup to ₹1.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,48,000 shares3,52,000 shares
Issue Size Total (Amount)up to ₹12.01 Crup to ₹1.83 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Evans Electric IPO opens on Apr 30, 2019. The closing date of Anand Rayons IPO and Evans Electric IPO is Jun 24, 2019, and May 03, 2019, respectively.

 Anand Rayons IPOEvans Electric IPO
Issue OpenJun 18, 2019Apr 30, 2019
Issue CloseJun 24, 2019May 03, 2019
Basis Of Allotment (Tentative)Jun 27, 2019May 08, 2019
Initiation of Refunds (Tentative)Jun 28, 2019May 09, 2019
Credit of Share (Tentative)Jul 01, 2019May 10, 2019
Listing date (Tentative)Jul 02, 2019May 13, 2019

Financials & KPIs

Anand Rayons IPO P/E ratio is , as compared to Evans Electric IPO P/E ratio of .

 Anand Rayons IPOEvans Electric IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 201931 Mar 201831 Mar 201731 Mar 2016
Assets61.0359.4258.0937.96
Total Income231.76259.59270.62219.92
Profit After Tax1.721.451.050.46
EBITDA5.226.575.203.09
NET Worth13.478.726.665.36
Reserves and Surplus3.181.45
Total Borrowing28.2532.6630.1423.17
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 201831 Mar 201831 Mar 201731 Mar 2016
Assets8.738.409.495.60
Total Income4.005.8710.725.12
Profit After Tax0.580.462.370.41
EBITDA1.041.073.760.85
NET Worth7.657.076.674.43
Reserves and Surplus7.156.576.173.93
Total Borrowing0.480.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%80%
Promoter Shareholding (Post-Issue)68.71%58.31%
Market Cap₹40.46 Cr.₹7.13 Cr.

Shares Offered

In the Anand Rayons IPO Retail Individual Investors (RII) are offered 22,24,000 shares while in Evans Electric IPO retail investors are offered 22,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Anand Rayons IPO and in Evans Electric IPO.

 Anand Rayons IPOEvans Electric IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,40,000 shares20,000 shares
QIB0 shares
NII22,24,000 shares1,76,000 shares
RII22,24,000 shares1,76,000 shares
Employee0 shares
Total44,48,000 shares3,52,000 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Evans Electric IPO subscribed 1.59x.

 Anand Rayons IPOEvans Electric IPO
NII (times)1.86x2.62x
RII (times)0.48x0.56x
Total (times)1.17x1.59x

Compare with others

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Anand Rayons IPO Vs Evans Electric IPO