Angel Fibers IPO vs Hindcon Chemicals IPO

Comparison between Angel Fibers IPO and Hindcon Chemicals IPO.

IPO Details

Angel Fibers IPO is a SME Fixed Price IPO proposed to list at BSE SME while Hindcon Chemicals IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Angel Fibers IPO is up to ₹17.30 Cr whereas the issue size of the Hindcon Chemicals IPO is up to ₹7.32 Cr. The final issue price of Angel Fibers IPO is ₹27.00 per share and of Hindcon Chemicals IPO is ₹28.00 per share.

 Angel Fibers IPOHindcon Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹27.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size0 shares26,16,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹7.32 Cr
OFS Issue Size64,08,000 shares0 shares
OFS Issue Size (Amount)up to ₹17.30 Crup to ₹0.00 Cr
Issue Size Total64,08,000 shares26,16,000 shares
Issue Size Total (Amount)up to ₹17.30 Crup to ₹7.32 Cr

IPO Timetable

Angel Fibers IPO opens on Feb 20, 2018, while Hindcon Chemicals IPO opens on Feb 26, 2018. The closing date of Angel Fibers IPO and Hindcon Chemicals IPO is Feb 23, 2018, and Feb 28, 2018, respectively.

 Angel Fibers IPOHindcon Chemicals IPO
Issue OpenFeb 20, 2018Feb 26, 2018
Issue CloseFeb 23, 2018Feb 28, 2018
Basis Of Allotment (Tentative)Mar 06, 2018
Listing date (Tentative)Mar 06, 2018Mar 09, 2018

Financials & KPIs

Angel Fibers IPO P/E ratio is , as compared to Hindcon Chemicals IPO P/E ratio of .

 Angel Fibers IPOHindcon Chemicals IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets89.8885.1481.4151.76
Total Income46.0888.7451.020.00
Profit After Tax2.593.11-5.65-0.00
NET Worth25.0522.4619.3523.50
Reserves and Surplus0.05-2.54-5.66-0.00
Total Borrowing38.8443.3049.3527.34
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets29.5625.6224.2325.18
Total Income18.1334.2533.4534.96
Profit After Tax2.192.060.860.34
NET Worth17.0414.8512.7911.93
Reserves and Surplus9.5613.3611.3010.44
Total Borrowing6.424.995.258.91
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.47%85.13%
Promoter Shareholding (Post-Issue)56.47%62.18%
Market Cap₹67.50 Cr.₹28.67 Cr.

Shares Offered

In the Angel Fibers IPO Retail Individual Investors (RII) are offered 32,04,000 shares while in Hindcon Chemicals IPO retail investors are offered 32,04,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Angel Fibers IPO and 0 shares in Hindcon Chemicals IPO.

 Angel Fibers IPOHindcon Chemicals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation3,40,000 shares1,44,000 shares
QIB0 shares0 shares
NII32,04,000 shares13,08,000 shares
RII32,04,000 shares13,08,000 shares
Employee0 shares0 shares
Total64,08,000 shares26,16,000 shares

Bids Received (Subscription)

Angel Fibers IPO subscribed 3.86x in total, whereas Hindcon Chemicals IPO subscribed 137.63x.

 Angel Fibers IPOHindcon Chemicals IPO
NII (times)1.61x154.85x
RII (times)6.11x120.41x
Total (times)3.86x137.63x

Compare with others

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Angel Fibers IPO Vs Hindcon Chemicals IPO