Akanksha Power IPO vs Addictive Learning Technology IPO

Comparison between Akanksha Power IPO and Addictive Learning Technology IPO.

IPO Details

Akanksha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Addictive Learning Technology IPO is a SME Bookbuilding proposed to list at NSE SME.

	Akanksha Power IPO	Addictive Learning Technology IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Narnolia Financial Services Ltd.	Narnolia Financial Services Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	SS Corporate Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Akanksha Power IPO is up to ₹26.06 Cr whereas the issue size of the Addictive Learning Technology IPO is up to ₹55.73 Cr. The final issue price of Akanksha Power IPO is ₹55.00 per share and of Addictive Learning Technology IPO is ₹140.00 per share.

	Akanksha Power IPO	Addictive Learning Technology IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share	₹133.00 per share
Issue Price (Upper)	₹55.00 per share	₹140.00 per share
Issue Price (Final)	₹55.00 per share	₹140.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	47,38,000 shares	38,21,000 shares
Fresh Issue Size (Amount)	up to ₹26.06 Cr	up to ₹53.49 Cr
OFS Issue Size	0 shares	1,60,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹2.24 Cr
Issue Size Total	47,38,000 shares	39,81,000 shares
Issue Size Total (Amount)	up to ₹26.06 Cr	up to ₹55.73 Cr

IPO Timetable

Akanksha Power IPO opens on Dec 27, 2023, while Addictive Learning Technology IPO opens on Jan 19, 2024. The closing date of Akanksha Power IPO and Addictive Learning Technology IPO is Dec 29, 2023, and Jan 24, 2024, respectively.

	Akanksha Power IPO	Addictive Learning Technology IPO
Anchor Bid Date	Dec 26, 2023	Jan 18, 2024
Issue Open	Dec 27, 2023	Jan 19, 2024
Issue Close	Dec 29, 2023	Jan 24, 2024
Basis Of Allotment (Tentative)	Jan 01, 2024	Jan 25, 2024
Initiation of Refunds (Tentative)	Jan 02, 2024	Jan 29, 2024
Credit of Share (Tentative)	Jan 02, 2024	Jan 29, 2024
Listing date (Tentative)	Jan 03, 2024	Jan 30, 2024
Anchor Lockin End date 1	Jan 31, 2024	Feb 24, 2024
Anchor Lockin End date 2	Mar 31, 2024	Apr 24, 2024

Financials & KPIs

Akanksha Power IPO P/E ratio is 24.02, as compared to Addictive Learning Technology IPO P/E ratio of 66.69.

Akanksha Power IPO

Addictive Learning Technology IPO

Financials

Akanksha Power and Infrastructure Limited Financial Information (Restated)

Akanksha Power and Infrastructure Limited's revenue decreased by -10.8% and profit after tax (PAT) rose by 20.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,530.82	4,762.65	3,838.92	3,781.19
Total Income	1,027.27	4,644.03	5,206.50	7,441.05
Profit After Tax	71.06	290.50	240.92	392.12
Net Worth	2,074.75	1,595.94	1,305.42	1,064.50
Reserves and Surplus	722.70	1,414.44	1,123.92	883.00
Total Borrowing	1,722.62	1,527.68	1,055.03	891.47
Amount in ₹ Lakhs

Addictive Learning Technology Limited Financial Information (Restated)

Addictive Learning Technology Limited's revenue increased by 80.41% and profit after tax (PAT) rose by 603.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,324.95	920.64	103.11	65.05
Total Income	2,482.36	3,354.47	1,859.34	677.77
Profit After Tax	315.96	247.13	-49.07	-0.54
Net Worth	522.27	206.30	-40.82	-1.75
Reserves and Surplus	512.17	196.20	-50.92	-1.85
Total Borrowing		15.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.28

92.27

Promoter Shareholding (Post-Issue)

60.81

67.27

P/E Ratio

24.02

66.69

Market Cap

₹101.85 Cr.

₹222.74 Cr.

ROE

18.20%

119.79%

ROCE

22.75%

157.53%

Debt/Equity

0.96

0.08

EPS

₹2.29

₹2.10

RoNW

18.20%

119.79%

Shares Offered

In the Akanksha Power IPO Retail Individual Investors (RII) are offered 16,60,000 shares while in Addictive Learning Technology IPO retail investors are offered 16,60,000 shares. Qualified Institutional Buyers (QIB) are offered 9,48,000 shares in Akanksha Power IPO and 7,95,000 shares in Addictive Learning Technology IPO.

	Akanksha Power IPO	Addictive Learning Technology IPO
Anchor Investor Reserveration	14,18,000 shares	11,92,000 shares
Market Maker Reserveration	2,60,000 shares	3,16,000 shares
QIB	9,48,000 shares	7,95,000 shares
NII	7,12,000 shares	5,99,000 shares
RII	16,60,000 shares	13,95,000 shares
Employee
Others
Total	47,38,000 shares	39,81,000 shares

Bids Received (Subscription)

Akanksha Power IPO subscribed 117.39x in total, whereas Addictive Learning Technology IPO subscribed 273.12x.

	Akanksha Power IPO	Addictive Learning Technology IPO
QIB (times)	38.51x	116.27x
NII (times)	238.60x	414.44x
Big NII (times)
Small NII (times)
RII (times)	110.44x	301.71x
Employee (times)
Other (times)
Total (times)	117.39x	273.12x

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