Anand Rayons IPO vs Gensol Engineering IPO

Comparison between Anand Rayons IPO and Gensol Engineering IPO.

IPO Details

Anand Rayons IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Gensol Engineering IPO is a SME Bookbuilding 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 Gensol Engineering IPO is up to ₹17.02 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Gensol Engineering IPO is ₹83.00 per share.

 Anand Rayons IPOGensol Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹81.00 per share
Issue Price (Upper)₹83.00 per share
Issue Price (Final)₹27.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1600 shares
Fresh Issue Size44,48,000 shares20,51,200 shares
Fresh Issue Size (Amount)up to ₹12.01 Crup to ₹17.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,48,000 shares20,51,200 shares
Issue Size Total (Amount)up to ₹12.01 Crup to ₹17.02 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Gensol Engineering IPO opens on Sep 30, 2019. The closing date of Anand Rayons IPO and Gensol Engineering IPO is Jun 24, 2019, and Oct 04, 2019, respectively.

 Anand Rayons IPOGensol Engineering IPO
Issue OpenJun 18, 2019Sep 30, 2019
Issue CloseJun 24, 2019Oct 04, 2019
Basis Of Allotment (Tentative)Jun 27, 2019Oct 10, 2019
Initiation of Refunds (Tentative)Jun 28, 2019Oct 11, 2019
Credit of Share (Tentative)Jul 01, 2019Oct 14, 2019
Listing date (Tentative)Jul 02, 2019Oct 15, 2019

Financials & KPIs

Anand Rayons IPO P/E ratio is , as compared to Gensol Engineering IPO P/E ratio of .

 Anand Rayons IPOGensol Engineering 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 Consolidated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets42.8926.449.97
Total Income83.8569.6462.32
Profit After Tax6.495.341.19
EBITDA10.057.851.82
NET Worth13.046.551.21
Reserves and Surplus7.006.531.20
Total Borrowing8.611.240.39
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%96%
Promoter Shareholding (Post-Issue)68.71%70.72%
Market Cap₹40.46 Cr.₹68.08 Cr.

Shares Offered

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

 Anand Rayons IPOGensol Engineering IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,40,000 shares1,08,800 shares
QIB0 shares
NII22,24,000 shares10,25,600 shares
RII22,24,000 shares10,25,600 shares
Employee0 shares
Total44,48,000 shares20,51,200 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Gensol Engineering IPO subscribed 1.32x.

 Anand Rayons IPOGensol Engineering IPO
NII (times)1.86x2.27x
RII (times)0.48x0.37x
Total (times)1.17x1.32x

Compare with others

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Anand Rayons IPO Vs Gensol Engineering IPO