Comparison between Akshar Spintex IPO and Garv Industries IPO.
Akshar Spintex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Garv Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Akshar Spintex IPO | Garv Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Garv Industries IPO is up to ₹3.03 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Garv Industries IPO is ₹10.00 per share.
| Akshar Spintex IPO | Garv Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹10.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 10000 shares |
| Fresh Issue Size | 6,54,000 shares | 30,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.62 Cr | up to ₹3.03 Cr |
| OFS Issue Size | 57,48,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹22.99 Cr | up to ₹0.00 Cr |
| Issue Size Total | 64,02,000 shares | 30,30,000 shares |
| Issue Size Total (Amount) | up to ₹25.61 Cr | up to ₹3.03 Cr |
Akshar Spintex IPO opens on Apr 27, 2018, while Garv Industries IPO opens on Apr 12, 2018. The closing date of Akshar Spintex IPO and Garv Industries IPO is May 03, 2018, and Apr 17, 2018, respectively.
| Akshar Spintex IPO | Garv Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 27, 2018 | Apr 12, 2018 |
| Issue Close | May 03, 2018 | Apr 17, 2018 |
| Basis Of Allotment (Tentative) | Apr 20, 2018 | |
| Initiation of Refunds (Tentative) | Apr 23, 2018 | |
| Credit of Share (Tentative) | Apr 24, 2018 | |
| Listing date (Tentative) | May 11, 2018 | Apr 25, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Akshar Spintex IPO P/E ratio is , as compared to Garv Industries IPO P/E ratio of .
| Akshar Spintex IPO | Garv Industries IPO | |||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
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| Promoter Shareholding (Pre-Issue) | ||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||
In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Garv Industries IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Akshar Spintex IPO and in Garv Industries IPO.
| Akshar Spintex IPO | Garv Industries IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,45,000 shares | 1,70,000 shares |
| QIB | ||
| NII | 32,01,000 shares | 15,15,000 shares |
| RII | 32,01,000 shares | 15,15,000 shares |
| Employee | ||
| Others | ||
| Total | 64,02,000 shares | 30,30,000 shares |
Akshar Spintex IPO subscribed 5.49x in total, whereas Garv Industries IPO subscribed 2.13x.
| Akshar Spintex IPO | Garv Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.71x | 2.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.24x | 1.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.49x | 2.13x |
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