Comparison between AKI India IPO and IRIS Clothings IPO.
IPO Details
AKI India IPO is a SME Fixed Price IPO proposed to list at BSE SME while IRIS Clothings IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of AKI India IPO is up to ₹2.93 Cr whereas the issue size of the IRIS Clothings IPO is up to ₹10.51 Cr. The final issue price of AKI India IPO is ₹11.00 per share and of IRIS Clothings IPO is ₹90.00 per share.
IPO Timetable
AKI India IPO opens on Sep 28, 2018, while IRIS Clothings IPO opens on Oct 10, 2018. The closing date of AKI India IPO and IRIS Clothings IPO is Oct 05, 2018, and Oct 12, 2018, respectively.
| | AKI India IPO | IRIS Clothings IPO |
|---|
| Issue Open | Sep 28, 2018 | Oct 10, 2018 |
| Issue Close | Oct 05, 2018 | Oct 12, 2018 |
| Basis Of Allotment (Tentative) | Oct 10, 2018 | Oct 17, 2018 |
| Initiation of Refunds (Tentative) | | Oct 17, 2018 |
| Credit of Share (Tentative) | | Oct 19, 2018 |
| Listing date (Tentative) | Oct 12, 2018 | Oct 23, 2018 |
Financials & KPIs
AKI India IPO P/E ratio is , as compared to IRIS Clothings IPO P/E ratio of .
Shares Offered
In the AKI India IPO Retail Individual Investors (RII) are offered 13,30,000 shares while in IRIS Clothings IPO retail investors are offered 13,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKI India IPO and in IRIS Clothings IPO.
| | AKI India IPO | IRIS Clothings IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,40,000 shares | 62,400 shares |
| QIB | 0 shares | |
| NII | 13,30,000 shares | 5,84,000 shares |
| RII | 13,30,000 shares | 5,84,000 shares |
| Employee | 0 shares | |
| Total | 26,60,000 shares | 11,68,000 shares |
Bids Received (Subscription)
AKI India IPO subscribed 1.56x in total, whereas IRIS Clothings IPO subscribed 1.14x.
