Comparison between Aartech Solonics IPO and Mahip Industries IPO.
Aartech Solonics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mahip Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Aartech Solonics IPO | Mahip Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Swastika Investmart Ltd. | Airan Finstocks 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 Aartech Solonics IPO is up to ₹6.83 Cr whereas the issue size of the Mahip Industries IPO is up to ₹15.80 Cr. The final issue price of Aartech Solonics IPO is ₹34.00 per share and of Mahip Industries IPO is ₹32.00 per share.
| Aartech Solonics IPO | Mahip Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹34.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 20,08,000 shares | 49,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.83 Cr | up to ₹15.80 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 | 20,08,000 shares | 49,36,000 shares |
| Issue Size Total (Amount) | up to ₹6.83 Cr | up to ₹15.80 Cr |
Aartech Solonics IPO opens on Mar 12, 2019, while Mahip Industries IPO opens on Feb 26, 2019. The closing date of Aartech Solonics IPO and Mahip Industries IPO is Mar 18, 2019, and Mar 01, 2019, respectively.
| Aartech Solonics IPO | Mahip Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 12, 2019 | Feb 26, 2019 |
| Issue Close | Mar 18, 2019 | Mar 01, 2019 |
| Basis Of Allotment (Tentative) | Mar 22, 2019 | |
| Initiation of Refunds (Tentative) | Mar 25, 2019 | |
| Credit of Share (Tentative) | Mar 25, 2019 | |
| Listing date (Tentative) | Mar 27, 2019 | Mar 12, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aartech Solonics IPO P/E ratio is , as compared to Mahip Industries IPO P/E ratio of .
| Aartech Solonics IPO | Mahip Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 74.85 | 89.60 | ||||
| Promoter Shareholding (Post-Issue) | 52.38 | 65.41 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹24.00 Cr. | ₹61.57 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aartech Solonics IPO Retail Individual Investors (RII) are offered 10,04,000 shares while in Mahip Industries IPO retail investors are offered 10,04,000 shares. Qualified Institutional Buyers (QIB) are offered in Aartech Solonics IPO and in Mahip Industries IPO.
| Aartech Solonics IPO | Mahip Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,12,000 shares | 2,60,000 shares |
| QIB | ||
| NII | 10,04,000 shares | 24,68,000 shares |
| RII | 10,04,000 shares | 24,68,000 shares |
| Employee | ||
| Others | ||
| Total | 20,08,000 shares | 49,36,000 shares |
Aartech Solonics IPO subscribed 2.00x in total, whereas Mahip Industries IPO subscribed 1.54x.
| Aartech Solonics IPO | Mahip Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.35x | 1.53x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.64x | 1.54x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.00x | 1.54x |
