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Akshar Spintex IPO vs Godha Cabcon IPO

Comparison between Akshar Spintex IPO and Godha Cabcon IPO.

IPO Details

Akshar Spintex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Godha Cabcon IPO is a SME Bookbuilding proposed to list at NSE SME.

 Akshar Spintex IPOGodha Cabcon IPO
LogoAkshar Spintex IPO LogoGodha Cabcon IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Sparkle Securities Solutions Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Godha Cabcon IPO is up to ₹9.39 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Godha Cabcon IPO is ₹33.00 per share.

 Akshar Spintex IPOGodha Cabcon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹30.00 per share
Issue Price (Upper)₹33.00 per share
Issue Price (Final)₹40.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size6,54,000 shares28,44,000 shares
Fresh Issue Size (Amount)up to ₹2.62 Crup to ₹9.39 Cr
OFS Issue Size57,48,000 shares0 shares
OFS Issue Size (Amount)up to ₹22.99 Crup to ₹0.00 Cr
Issue Size Total64,02,000 shares28,44,000 shares
Issue Size Total (Amount)up to ₹25.61 Crup to ₹9.39 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while Godha Cabcon IPO opens on Apr 27, 2018. The closing date of Akshar Spintex IPO and Godha Cabcon IPO is May 03, 2018, and May 03, 2018, respectively.

 Akshar Spintex IPOGodha Cabcon IPO
Issue OpenApr 27, 2018Apr 27, 2018
Issue CloseMay 03, 2018May 03, 2018
Basis Of Allotment (Tentative)May 08, 2018May 10, 2018
Listing date (Tentative)May 11, 2018May 11, 2018

Financials & KPIs

Akshar Spintex IPO P/E ratio is , as compared to Godha Cabcon IPO P/E ratio of .

 Akshar Spintex IPOGodha Cabcon IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 201731 Mar 201731 Mar 201631 Mar 2015
Assets91.9882.1974.8870.30
Total Income55.6090.3959.8415.62
Profit After Tax2.795.392.67-0.51
NET Worth34.3331.5426.1619.50
Reserves and Surplus10.337.542.16-0.51
Total Borrowing35.5036.1938.3541.40
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Oct 201731 Mar 2017
Assets26.610.01
Total Income21.230.00
Profit After Tax0.93-0.00
NET Worth6.820.01
Reserves and Surplus0.93-0.00
Total Borrowing15.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)63.23%100%
Promoter Shareholding (Post-Issue)46.06%72.97%
Market Cap₹100.00 Cr.₹36.63 Cr.

Shares Offered

In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Godha Cabcon IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Akshar Spintex IPO and 14,20,000 shares in Godha Cabcon IPO.

 Akshar Spintex IPOGodha Cabcon IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,45,000 shares1,60,000 shares
QIB0 shares14,20,000 shares
NII32,01,000 shares4,26,000 shares
RII32,01,000 shares9,94,000 shares
Employee0 shares0 shares
Total64,02,000 shares28,40,000 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.48x in total, whereas Godha Cabcon IPO subscribed 1.39x.

 Akshar Spintex IPOGodha Cabcon IPO
QIB (times)0.00x
NII (times)1.71x3.65x
RII (times)9.24x2.41x
Total (times)5.48x1.39x

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Compare:

Akshar Spintex IPO Vs Godha Cabcon IPO