Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Axita Cotton IPO vs Kranti Industries IPO

Comparison between Axita Cotton IPO and Kranti Industries IPO.

IPO Details

Axita Cotton IPO is a SME Fixed Price IPO proposed to list at BSE SME while Kranti Industries IPO is a SME Fixed Price proposed to list at BSE SME.

 Axita Cotton IPOKranti Industries IPO
LogoAxita Cotton IPO LogoKranti Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Broking Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerBeeline Broking Ltd.SMC Global Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Axita Cotton IPO is up to ₹9.96 Cr whereas the issue size of the Kranti Industries IPO is up to ₹8.15 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Kranti Industries IPO is ₹37.00 per share.

 Axita Cotton IPOKranti Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹60.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size16,60,000 shares16,35,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹6.05 Cr
OFS Issue Size0 shares5,67,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.10 Cr
Issue Size Total16,60,000 shares22,02,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹8.15 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while Kranti Industries IPO opens on Feb 14, 2019. The closing date of Axita Cotton IPO and Kranti Industries IPO is Jan 02, 2019, and Feb 20, 2019, respectively.

 Axita Cotton IPOKranti Industries IPO
Anchor Bid Date
Issue OpenDec 27, 2018Feb 14, 2019
Issue CloseJan 02, 2019Feb 20, 2019
Basis Of Allotment (Tentative)Jan 07, 2019
Initiation of Refunds (Tentative)Jan 08, 2019
Credit of Share (Tentative)Jan 09, 2019
Listing date (Tentative)Jan 10, 2019Feb 28, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Axita Cotton IPO P/E ratio is , as compared to Kranti Industries IPO P/E ratio of .

 Axita Cotton IPOKranti Industries IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Jun-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 2,556.03 2,229.49 1,750.51 1,387.41 1,330.79 1,324.53
Total Revenue 2,121.59 12,392.36 9,152.24 6,875.95 7,705.35 1,736.10
Profit After Tax 32.60 82.13 2.71 12.46 (28.51) 5.85
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
30-Sep-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 5,015.10 4,378.06 4,401.16 4,135.49
Total Revenue 3,321.91 4,610.92 2,925.19 2,884.41
Profit After Tax 137.14 89.97 (92.85) (21.02)
Promoter Shareholding (Pre-Issue)68.18
Promoter Shareholding (Post-Issue)54.61
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Kranti Industries IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Axita Cotton IPO and in Kranti Industries IPO.

 Axita Cotton IPOKranti Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration92,000 shares1,17,000 shares
QIB
NII8,30,000 shares11,01,000 shares
RII8,30,000 shares11,01,000 shares
Employee
Others
Total16,60,000 shares22,02,000 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas Kranti Industries IPO subscribed 1.29x.

 Axita Cotton IPOKranti Industries IPO
QIB (times)
NII (times)2.40x1.26x
Big NII (times)
Small NII (times)
RII (times)1.55x1.31x
Employee (times)
Other (times)
Total (times)1.98x1.29x