Comparison between Akash Infra-Projects IPO and IFL Enterprises IPO.
Akash Infra-Projects 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.
| Akash Infra-Projects 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 | Tipsons Consultancy Services Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.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 Akash Infra-Projects IPO is up to ₹24.15 Cr whereas the issue size of the IFL Enterprises IPO is up to ₹3.07 Cr. The final issue price of Akash Infra-Projects IPO is ₹125.00 per share and of IFL Enterprises IPO is ₹20.00 per share.
| Akash Infra-Projects IPO | IFL Enterprises IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹125.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 6000 shares |
| Fresh Issue Size | 11,59,200 shares | 15,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.49 Cr | up to ₹3.07 Cr |
| OFS Issue Size | 7,72,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹9.66 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,32,000 shares | 15,36,000 shares |
| Issue Size Total (Amount) | up to ₹24.15 Cr | up to ₹3.07 Cr |
Akash Infra-Projects IPO opens on Feb 28, 2017, while IFL Enterprises IPO opens on Mar 07, 2017. The closing date of Akash Infra-Projects IPO and IFL Enterprises IPO is Mar 06, 2017, and Mar 10, 2017, respectively.
| Akash Infra-Projects IPO | IFL Enterprises IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 28, 2017 | Mar 07, 2017 |
| Issue Close | Mar 06, 2017 | Mar 10, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 15, 2017 | Mar 21, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Akash Infra-Projects IPO P/E ratio is , as compared to IFL Enterprises IPO P/E ratio of .
| Akash Infra-Projects IPO | IFL Enterprises IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹94.85 Cr. | ₹6.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Akash Infra-Projects IPO Retail Individual Investors (RII) are offered 9,66,000 shares while in IFL Enterprises IPO retail investors are offered 9,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Akash Infra-Projects IPO and in IFL Enterprises IPO.
| Akash Infra-Projects IPO | IFL Enterprises IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,08,000 shares | 90,000 shares |
| QIB | ||
| NII | 9,66,000 shares | 7,68,000 shares |
| RII | 9,66,000 shares | 7,68,000 shares |
| Employee | ||
| Others | ||
| Total | 19,32,000 shares | 15,36,000 shares |
Akash Infra-Projects IPO subscribed 1.96x in total, whereas IFL Enterprises IPO subscribed 1.56x.
| Akash Infra-Projects IPO | IFL Enterprises IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.04x | 1.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.88x | 1.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.96x | 1.56x |
