AAA Technologies IPO vs GM Polyplast IPO

Comparison between AAA Technologies IPO and GM Polyplast IPO.

IPO Details

AAA Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while GM Polyplast IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AAA Technologies IPO is up to ₹9.71 Cr whereas the issue size of the GM Polyplast IPO is up to ₹7.68 Cr. The final issue price of AAA Technologies IPO is ₹42.00 per share and of GM Polyplast IPO is ₹159.00 per share.

 AAA Technologies IPOGM Polyplast IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹42.00 per share₹159.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares800 shares
Fresh Issue Size23,13,000 shares2,97,200 shares
Fresh Issue Size (Amount)up to ₹9.71 Crup to ₹4.73 Cr
OFS Issue Size0 shares1,86,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.96 Cr
Issue Size Total23,13,000 shares4,83,200 shares
Issue Size Total (Amount)up to ₹9.71 Crup to ₹7.68 Cr

IPO Timetable

AAA Technologies IPO opens on Sep 30, 2020, while GM Polyplast IPO opens on Sep 30, 2020. The closing date of AAA Technologies IPO and GM Polyplast IPO is Oct 05, 2020, and Oct 06, 2020, respectively.

 AAA Technologies IPOGM Polyplast IPO
Issue OpenSep 30, 2020Sep 30, 2020
Issue CloseOct 05, 2020Oct 06, 2020
Basis Of Allotment (Tentative)Oct 08, 2020Oct 09, 2020
Initiation of Refunds (Tentative)Oct 09, 2020Oct 13, 2020
Credit of Share (Tentative)Oct 12, 2020Oct 13, 2020
Listing date (Tentative)Oct 13, 2020Oct 14, 2020

Financials & KPIs

AAA Technologies IPO P/E ratio is , as compared to GM Polyplast IPO P/E ratio of .

 AAA Technologies IPOGM Polyplast IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets14.209.4310.03
Total Income14.2510.4710.40
Profit After Tax3.702.061.00
EBITDA5.012.941.30
NET Worth10.206.714.85
Reserves and Surplus9.646.154.29
Total Borrowing0.000.540.34
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202031 Mar 201931 Mar 2018
Assets24.8325.3725.33
Total Income63.4368.3555.51
Profit After Tax2.321.380.92
EBITDA4.032.872.05
NET Worth7.945.674.29
Reserves and Surplus7.845.574.19
Total Borrowing2.653.044.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)71.51%73.54%
Market Cap₹35.92 Cr.₹30.57 Cr.

Shares Offered

In the AAA Technologies IPO Retail Individual Investors (RII) are offered 11,58,000 shares while in GM Polyplast IPO retail investors are offered 11,58,000 shares. Qualified Institutional Buyers (QIB) are offered in AAA Technologies IPO and in GM Polyplast IPO.

 AAA Technologies IPOGM Polyplast IPO
Market Maker Reservation1,23,000 shares25,600 shares
NII11,55,000 shares2,41,600 shares
RII11,58,000 shares2,41,600 shares
Total23,13,000 shares4,83,200 shares

Bids Received (Subscription)

AAA Technologies IPO subscribed 2.39x in total, whereas GM Polyplast IPO subscribed 1.60x.

 AAA Technologies IPOGM Polyplast IPO
NII (times)2.47x2.13x
RII (times)2.31x1.07x
Total (times)2.39x1.60x

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AAA Technologies IPO Vs GM Polyplast IPO