Comparison between Aeron Composite IPO and Excellent Wires IPO.
Aeron Composite IPO is a SME Fixed Price IPO proposed to list at NSE SME while Excellent Wires IPO is a SME Fixed Price proposed to list at NSE SME.
| Aeron Composite IPO | Excellent Wires IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Inventure Growth & Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Excellent Wires IPO is up to ₹11.95 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Excellent Wires IPO is ₹90.00 per share.
| Aeron Composite IPO | Excellent Wires IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹125.00 per share | |
| Issue Price (Final) | ₹125.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 42,60,000 shares | 13,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.25 Cr | up to ₹11.95 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 | 42,60,000 shares | 13,28,000 shares |
| Issue Size Total (Amount) | up to ₹53.25 Cr | up to ₹11.95 Cr |
Aeron Composite IPO opens on Aug 28, 2024, while Excellent Wires IPO opens on Sep 11, 2024. The closing date of Aeron Composite IPO and Excellent Wires IPO is Aug 30, 2024, and Sep 13, 2024, respectively.
| Aeron Composite IPO | Excellent Wires IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | |
| Issue Open | Aug 28, 2024 | Sep 11, 2024 |
| Issue Close | Aug 30, 2024 | Sep 13, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Sep 16, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 17, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 17, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 19, 2024 |
| Anchor Lockin End date 1 | Oct 02, 2024 | |
| Anchor Lockin End date 2 | Dec 01, 2024 |
Aeron Composite IPO P/E ratio is 23.69, as compared to Excellent Wires IPO P/E ratio of 33.3.
| Aeron Composite IPO | Excellent Wires IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aeron Composite Limited Financial Information (Restated)
| Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 91.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 63.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.69 | 33.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹212.75 Cr. | ₹40.23 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.28 | ₹2.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.09 | 20.90% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Excellent Wires IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and in Excellent Wires IPO.
| Aeron Composite IPO | Excellent Wires IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,14,000 shares | |
| Market Maker Reserveration | 2,28,000 shares | 72,000 shares |
| QIB | 8,10,000 shares | |
| NII | 6,08,000 shares | 6,64,000 shares |
| RII | 14,18,000 shares | 6,64,000 shares |
| Employee | 2,10,000 shares | |
| Others | ||
| Total | 42,60,000 shares | 13,28,000 shares |
Aeron Composite IPO subscribed 41.07x in total, whereas Excellent Wires IPO subscribed 20.37x.
| Aeron Composite IPO | Excellent Wires IPO | |
|---|---|---|
| QIB (times) | 27.82x | |
| NII (times) | 75.53x | 8.75x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.77x | 32.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 20.37x |
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