Comparison between Airan IPO and IFL Enterprises IPO.
Airan IPO is a SME Fixed Price IPO proposed to list at NSE SME while IFL Enterprises IPO is a SME Fixed Price proposed to list at BSE SME.
| Airan IPO | IFL Enterprises IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | MSB E-Trade Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Airan IPO is up to ₹14.09 Cr whereas the issue size of the IFL Enterprises IPO is up to ₹3.07 Cr. The final issue price of Airan IPO is ₹45.00 per share and of IFL Enterprises IPO is ₹20.00 per share.
| Airan IPO | IFL Enterprises IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 6000 shares |
| Fresh Issue Size | 31,32,000 shares | 15,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹3.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 31,32,000 shares | 15,36,000 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹3.07 Cr |
Airan IPO opens on Mar 14, 2017, while IFL Enterprises IPO opens on Mar 07, 2017. The closing date of Airan IPO and IFL Enterprises IPO is Mar 16, 2017, and Mar 10, 2017, respectively.
| Airan IPO | IFL Enterprises IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 14, 2017 | Mar 07, 2017 |
| Issue Close | Mar 16, 2017 | Mar 10, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 24, 2017 | Mar 21, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Airan IPO P/E ratio is , as compared to IFL Enterprises IPO P/E ratio of .
| Airan IPO | IFL Enterprises IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹56.26 Cr. | ₹6.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in IFL Enterprises IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Airan IPO and in IFL Enterprises IPO.
| Airan IPO | IFL Enterprises IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,68,000 shares | 90,000 shares |
| QIB | ||
| NII | 15,66,000 shares | 7,68,000 shares |
| RII | 15,66,000 shares | 7,68,000 shares |
| Employee | ||
| Others | ||
| Total | 31,32,000 shares | 15,36,000 shares |
Airan IPO subscribed 29.60x in total, whereas IFL Enterprises IPO subscribed 1.56x.
| Airan IPO | IFL Enterprises IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 21.88x | 1.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 37.32x | 1.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 29.60x | 1.56x |
