A-1 Acid IPO vs Innovative Ideals IPO

Comparison between A-1 Acid IPO and Innovative Ideals IPO.

IPO Details

A-1 Acid IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Innovative Ideals IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of A-1 Acid IPO is up to ₹17.06 Cr whereas the issue size of the Innovative Ideals IPO is up to ₹11.64 Cr. The final issue price of A-1 Acid IPO is ₹60.00 per share and of Innovative Ideals IPO is ₹40.00 per share.

 A-1 Acid IPOInnovative Ideals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹40.00 per share
Issue Price (Final)₹60.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size28,44,000 shares29,10,000 shares
Fresh Issue Size (Amount)up to ₹17.06 Crup to ₹11.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares29,10,000 shares
Issue Size Total (Amount)up to ₹17.06 Crup to ₹11.64 Cr

IPO Timetable

A-1 Acid IPO opens on Sep 25, 2018, while Innovative Ideals IPO opens on Sep 24, 2018. The closing date of A-1 Acid IPO and Innovative Ideals IPO is Oct 01, 2018, and Sep 26, 2018, respectively.

 A-1 Acid IPOInnovative Ideals IPO
Issue OpenSep 25, 2018Sep 24, 2018
Issue CloseOct 01, 2018Sep 26, 2018
Basis Of Allotment (Tentative)Oct 05, 2018Oct 01, 2018
Initiation of Refunds (Tentative)Oct 03, 2018
Credit of Share (Tentative)Oct 04, 2018
Listing date (Tentative)Oct 10, 2018Oct 05, 2018

Financials & KPIs

A-1 Acid IPO P/E ratio is , as compared to Innovative Ideals IPO P/E ratio of .

 A-1 Acid IPOInnovative Ideals IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets39.3537.6525.94
Total Income96.17105.8085.39
Profit After Tax2.483.000.92
NET Worth13.7811.308.30
Reserves and Surplus6.7810.307.30
Total Borrowing14.8516.9611.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets34.8022.8720.82
Total Income20.3210.7512.18
Profit After Tax3.090.970.01
EBITDA4.882.220.74
NET Worth13.376.785.72
Reserves and Surplus5.053.783.42
Total Borrowing7.684.514.55
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%71.81%
Promoter Shareholding (Post-Issue)70%52.47%
Market Cap₹60.00 Cr.₹45.52 Cr.

Shares Offered

In the A-1 Acid IPO Retail Individual Investors (RII) are offered 14,22,000 shares while in Innovative Ideals IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in A-1 Acid IPO and 0 shares in Innovative Ideals IPO.

 A-1 Acid IPOInnovative Ideals IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares1,56,000 shares
QIB0 shares0 shares
NII14,22,000 shares14,55,000 shares
RII14,22,000 shares14,55,000 shares
Employee0 shares0 shares
Total28,44,000 shares29,10,000 shares

Bids Received (Subscription)

A-1 Acid IPO subscribed 1.81x in total, whereas Innovative Ideals IPO subscribed 1.30x.

 A-1 Acid IPOInnovative Ideals IPO
NII (times)2.37x1.01x
RII (times)1.25x1.58x
Total (times)1.81x1.30x

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