Comparison between Aeroflex Industries IPO and India Shelter Finance IPO.
Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while India Shelter Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the India Shelter Finance IPO is up to ₹1,200.00 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of India Shelter Finance IPO is ₹493.00 per share.
| Aeroflex Industries IPO | India Shelter Finance IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹102.00 per share | ₹469.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹493.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹493.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 130 shares | 30 shares |
| Fresh Issue Size | 1,50,00,000 shares | 1,62,27,180 shares |
| Fresh Issue Size (Amount) | up to ₹162.00 Cr | up to ₹800.00 Cr |
| OFS Issue Size | 1,75,00,000 shares | 81,13,588 shares |
| OFS Issue Size (Amount) | up to ₹189.00 Cr | up to ₹400.00 Cr |
| Issue Size Total | 3,25,00,000 shares | 2,43,40,768 shares |
| Issue Size Total (Amount) | up to ₹351.00 Cr | up to ₹1,200.00 Cr |
Aeroflex Industries IPO opens on Aug 22, 2023, while India Shelter Finance IPO opens on Dec 13, 2023. The closing date of Aeroflex Industries IPO and India Shelter Finance IPO is Aug 24, 2023, and Dec 15, 2023, respectively.
| Aeroflex Industries IPO | India Shelter Finance IPO | |
|---|---|---|
| Anchor Bid Date | Aug 21, 2023 | Dec 12, 2023 |
| Issue Open | Aug 22, 2023 | Dec 13, 2023 |
| Issue Close | Aug 24, 2023 | Dec 15, 2023 |
| Basis Of Allotment (Tentative) | Aug 29, 2023 | Dec 18, 2023 |
| Initiation of Refunds (Tentative) | Aug 30, 2023 | Dec 19, 2023 |
| Credit of Share (Tentative) | Aug 31, 2023 | Dec 19, 2023 |
| Listing date (Tentative) | Aug 31, 2023 | Dec 20, 2023 |
| Anchor Lockin End date 1 | Sep 28, 2023 | Jan 17, 2024 |
| Anchor Lockin End date 2 | Nov 27, 2023 | Mar 17, 2024 |
Aeroflex Industries IPO P/E ratio is 40.91, as compared to India Shelter Finance IPO P/E ratio of 28.22.
| Aeroflex Industries IPO | India Shelter Finance IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.09 | 56.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.99 | 48.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 40.91 | 28.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1396.66 Cr. | ₹5277.62 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.43% | 13.4% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.96% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 2.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.64 | ₹17.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.43% | 13.4% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in India Shelter Finance IPO retail investors are offered 1,12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 64,00,020 shares in Aeroflex Industries IPO and 48,68,154 shares in India Shelter Finance IPO.
| Aeroflex Industries IPO | India Shelter Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,99,980 shares | 73,02,229 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 64,00,020 shares | 48,68,154 shares |
| NII | 48,00,000 shares | 36,51,116 shares |
| RII | 1,12,00,000 shares | 85,19,269 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 3,25,00,000 shares | 2,43,40,768 shares |
Aeroflex Industries IPO subscribed 97.11x in total, whereas India Shelter Finance IPO subscribed 38.59x.
| Aeroflex Industries IPO | India Shelter Finance IPO | |
|---|---|---|
| QIB (times) | 194.73x | 94.29x |
| NII (times) | 126.13x | 29.97x |
| Big NII (times) | 125.80x | 29.77x |
| Small NII (times) | 126.80x | 30.37x |
| RII (times) | 34.41x | 10.46x |
| Employee (times) | ||
| Other (times) | 28.52x | |
| Total (times) | 97.11x | 38.59x |
