Comparison between AIK Pipes IPO and Manoj Ceramic IPO.
AIK Pipes IPO is a SME Fixed Price IPO proposed to list at BSE SME while Manoj Ceramic IPO is a SME Fixed Price proposed to list at BSE SME.
| AIK Pipes IPO | Manoj Ceramic IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Swaraj shares & securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Shreni Shares 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 AIK Pipes IPO is up to ₹14.27 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of AIK Pipes IPO is ₹89.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.
| AIK Pipes IPO | Manoj Ceramic IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹89.00 per share | ₹62.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 16,03,200 shares | 22,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.27 Cr | up to ₹13.74 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 | 16,03,200 shares | 22,16,000 shares |
| Issue Size Total (Amount) | up to ₹14.27 Cr | up to ₹13.74 Cr |
AIK Pipes IPO opens on Dec 26, 2023, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of AIK Pipes IPO and Manoj Ceramic IPO is Dec 28, 2023, and Dec 29, 2023, respectively.
| AIK Pipes IPO | Manoj Ceramic IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 26, 2023 | Dec 27, 2023 |
| Issue Close | Dec 28, 2023 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Dec 29, 2023 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Jan 01, 2024 | Jan 02, 2024 |
| Credit of Share (Tentative) | Jan 01, 2024 | Jan 02, 2024 |
| Listing date (Tentative) | Jan 02, 2024 | Jan 03, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AIK Pipes IPO P/E ratio is 21.54, as compared to Manoj Ceramic IPO P/E ratio of 0.26.
| AIK Pipes IPO | Manoj Ceramic IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.47 | 71.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.54 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.63 Cr. | ₹51.67 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.90% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.96 | 3.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.13 | ₹241.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.50 | 27.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AIK Pipes IPO Retail Individual Investors (RII) are offered 8,01,600 shares while in Manoj Ceramic IPO retail investors are offered 8,01,600 shares. Qualified Institutional Buyers (QIB) are offered in AIK Pipes IPO and in Manoj Ceramic IPO.
| AIK Pipes IPO | Manoj Ceramic IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 84,800 shares | 1,18,000 shares |
| QIB | ||
| NII | 8,01,600 shares | 11,08,000 shares |
| RII | 8,01,600 shares | 11,08,000 shares |
| Employee | ||
| Others | ||
| Total | 16,03,200 shares | 22,16,000 shares |
AIK Pipes IPO subscribed 43.57x in total, whereas Manoj Ceramic IPO subscribed 9.00x.
| AIK Pipes IPO | Manoj Ceramic IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 52.17x | 7.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 30.93x | 10.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 43.57x | 9.00x |
