Comparison between Aeron Composite IPO and Indian Phosphate IPO.
Aeron Composite IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Indian Phosphate IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aeron Composite IPO | Indian Phosphate IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Indian Phosphate IPO is up to ₹63.66 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Indian Phosphate IPO is ₹99.00 per share.
| Aeron Composite IPO | Indian Phosphate IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹94.00 per share |
| Issue Price (Upper) | ₹125.00 per share | ₹99.00 per share |
| Issue Price (Final) | ₹125.00 per share | ₹99.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 42,60,000 shares | 64,30,800 shares |
| Fresh Issue Size (Amount) | up to ₹53.25 Cr | up to ₹63.66 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 | 42,60,000 shares | 64,30,800 shares |
| Issue Size Total (Amount) | up to ₹53.25 Cr | up to ₹63.66 Cr |
Aeron Composite IPO opens on Aug 28, 2024, while Indian Phosphate IPO opens on Aug 26, 2024. The closing date of Aeron Composite IPO and Indian Phosphate IPO is Aug 30, 2024, and Aug 29, 2024, respectively.
| Aeron Composite IPO | Indian Phosphate IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | Aug 23, 2024 |
| Issue Open | Aug 28, 2024 | Aug 26, 2024 |
| Issue Close | Aug 30, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | Oct 02, 2024 | Sep 29, 2024 |
| Anchor Lockin End date 2 | Dec 01, 2024 | Nov 28, 2024 |
Aeron Composite IPO P/E ratio is 23.69, as compared to Indian Phosphate IPO P/E ratio of 14.88.
| Aeron Composite IPO | Indian Phosphate IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 72.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.69 | 14.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹212.75 Cr. | ₹247.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.33 | 18.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.67 | 20.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.28 | ₹6.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.09 | 16.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Indian Phosphate IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 12,86,400 shares in Indian Phosphate IPO.
| Aeron Composite IPO | Indian Phosphate IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,14,000 shares | 19,28,400 shares |
| Market Maker Reservation | 2,28,000 shares | 3,73,200 shares |
| QIB | 8,10,000 shares | 12,86,400 shares |
| NII | 6,08,000 shares | 9,64,800 shares |
| RII | 14,18,000 shares | 22,51,200 shares |
| Employee | 2,10,000 shares | |
| Others | ||
| Total | 42,60,000 shares | 64,30,800 shares |
Aeron Composite IPO subscribed 41.07x in total, whereas Indian Phosphate IPO subscribed 267.89x.
| Aeron Composite IPO | Indian Phosphate IPO | |
|---|---|---|
| QIB (times) | 27.82x | 181.58x |
| NII (times) | 75.53x | 441.01x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.77x | 243.02x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 267.89x |
