Comparison between AKM Lace IPO and Innovative Tyres IPO.
AKM Lace IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Innovative Tyres IPO is a SME Bookbuilding proposed to list at NSE SME.
| AKM Lace IPO | Innovative Tyres IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Goldmine Stocks Pvt.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 AKM Lace IPO is up to ₹4.50 Cr whereas the issue size of the Innovative Tyres IPO is up to ₹26.87 Cr. The final issue price of AKM Lace IPO is ₹25.00 per share and of Innovative Tyres IPO is ₹45.00 per share.
| AKM Lace IPO | Innovative Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | |
| Issue Price (Upper) | ₹45.00 per share | |
| Issue Price (Final) | ₹25.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 6000 shares | 3000 shares |
| Fresh Issue Size | 18,00,000 shares | 59,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.50 Cr | up to ₹26.87 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 | 18,00,000 shares | 59,70,000 shares |
| Issue Size Total (Amount) | up to ₹4.50 Cr | up to ₹26.87 Cr |
AKM Lace IPO opens on Sep 20, 2017, while Innovative Tyres IPO opens on Sep 22, 2017. The closing date of AKM Lace IPO and Innovative Tyres IPO is Sep 22, 2017, and Sep 26, 2017, respectively.
| AKM Lace IPO | Innovative Tyres IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 20, 2017 | Sep 22, 2017 |
| Issue Close | Sep 22, 2017 | Sep 26, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 29, 2017 | Oct 05, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AKM Lace IPO P/E ratio is , as compared to Innovative Tyres IPO P/E ratio of .
| AKM Lace IPO | Innovative Tyres IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹7.53 Cr. | ₹80.96 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the AKM Lace IPO Retail Individual Investors (RII) are offered 9,00,000 shares while in Innovative Tyres IPO retail investors are offered 9,00,000 shares. Qualified Institutional Buyers (QIB) are offered in AKM Lace IPO and in Innovative Tyres IPO.
| AKM Lace IPO | Innovative Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,02,000 shares | 3,27,000 shares |
| QIB | ||
| NII | 9,00,000 shares | 25,50,000 shares |
| RII | 9,00,000 shares | 25,50,000 shares |
| Employee | 8,70,000 shares | |
| Others | ||
| Total | 18,00,000 shares | 59,70,000 shares |
AKM Lace IPO subscribed 1.21x in total, whereas Innovative Tyres IPO subscribed 8.03x.
| AKM Lace IPO | Innovative Tyres IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.51x | 4.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.91x | 14.36x |
| Employee (times) | 0.91x | |
| Other (times) | ||
| Total (times) | 1.21x | 8.03x |
