Comparison between Aztec Fluids IPO and Indian Emulsifiers IPO.
Aztec Fluids IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Indian Emulsifiers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aztec Fluids IPO | Indian Emulsifiers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Ekadrisht Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aztec Fluids IPO is up to ₹22.90 Cr whereas the issue size of the Indian Emulsifiers IPO is up to ₹40.26 Cr. The final issue price of Aztec Fluids IPO is ₹67.00 per share and of Indian Emulsifiers IPO is ₹132.00 per share.
| Aztec Fluids IPO | Indian Emulsifiers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹63.00 per share | ₹125.00 per share |
| Issue Price (Upper) | ₹67.00 per share | ₹132.00 per share |
| Issue Price (Final) | ₹67.00 per share | ₹132.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 34,18,000 shares | 30,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.90 Cr | up to ₹40.26 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 | 34,18,000 shares | 30,50,000 shares |
| Issue Size Total (Amount) | up to ₹22.90 Cr | up to ₹40.26 Cr |
Aztec Fluids IPO opens on May 10, 2024, while Indian Emulsifiers IPO opens on May 13, 2024. The closing date of Aztec Fluids IPO and Indian Emulsifiers IPO is May 14, 2024, and May 16, 2024, respectively.
| Aztec Fluids IPO | Indian Emulsifiers IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | May 10, 2024 |
| Issue Open | May 10, 2024 | May 13, 2024 |
| Issue Close | May 14, 2024 | May 16, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 17, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 21, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 21, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 22, 2024 |
| Anchor Lockin End date 1 | Jun 14, 2024 | Jun 16, 2024 |
| Anchor Lockin End date 2 | Aug 13, 2024 | Aug 15, 2024 |
Aztec Fluids IPO P/E ratio is 20.47, as compared to Indian Emulsifiers IPO P/E ratio of 30.54.
| Aztec Fluids IPO | Indian Emulsifiers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aztec Fluids & Machinery Limited Financial Information (Restated)Aztec Fluids & Machinery Limited's revenue increased by 17.46% and profit after tax (PAT) rose by 5.18% between the financial year ending with March 31, 2023 and March 31, 2022.
| Indian Emulsifier Limited Financial Information (Restated Standalone)Indian Emulsifier Limited's revenue increased by 132.9% and profit after tax (PAT) rose by 8935.73% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 65.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 48.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.47 | 30.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.12 Cr. | ₹161.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.60% | 25.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.38% | 38.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | 0.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.27 | ₹4.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.69% | 25.60% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aztec Fluids IPO Retail Individual Investors (RII) are offered 11,98,000 shares while in Indian Emulsifiers IPO retail investors are offered 11,98,000 shares. Qualified Institutional Buyers (QIB) are offered 6,84,000 shares in Aztec Fluids IPO and 6,10,000 shares in Indian Emulsifiers IPO.
| Aztec Fluids IPO | Indian Emulsifiers IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,22,000 shares | 9,10,000 shares |
| Market Maker Reserveration | 1,82,000 shares | 1,61,000 shares |
| QIB | 6,84,000 shares | 6,10,000 shares |
| NII | 5,14,000 shares | 4,60,000 shares |
| RII | 11,98,000 shares | 10,70,000 shares |
| Employee | ||
| Others | ||
| Total | 34,18,000 shares | 30,50,000 shares |
Aztec Fluids IPO subscribed 218.38x in total, whereas Indian Emulsifiers IPO subscribed 460.07x.
| Aztec Fluids IPO | Indian Emulsifiers IPO | |
|---|---|---|
| QIB (times) | 107.93x | 175.95x |
| NII (times) | 341.94x | 779.63x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.43x | 484.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 218.38x | 460.07x |
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