Airan IPO vs Manomay Tex IPO

Comparison between Airan IPO and Manomay Tex IPO.

IPO Details

Airan IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Manomay Tex IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Airan IPO is up to ₹14.09 Cr whereas the issue size of the Manomay Tex IPO is up to ₹10.82 Cr. The final issue price of Airan IPO is ₹45.00 per share and of Manomay Tex IPO is ₹30.00 per share.

 Airan IPOManomay Tex IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹27.00 per share
Issue Price (Upper)₹30.00 per share
Issue Price (Final)₹45.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size31,32,000 shares36,08,000 shares
Fresh Issue Size (Amount)up to ₹14.09 Crup to ₹10.82 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,32,000 shares36,08,000 shares
Issue Size Total (Amount)up to ₹14.09 Crup to ₹10.82 Cr

IPO Timetable

Airan IPO opens on Mar 14, 2017, while Manomay Tex IPO opens on Mar 15, 2017. The closing date of Airan IPO and Manomay Tex IPO is Mar 16, 2017, and Mar 20, 2017, respectively.

 Airan IPOManomay Tex IPO
Issue OpenMar 14, 2017Mar 15, 2017
Issue CloseMar 16, 2017Mar 20, 2017
Basis Of Allotment (Tentative)Mar 21, 2017Mar 23, 2017
Listing date (Tentative)Mar 24, 2017Mar 28, 2017

Financials & KPIs

Airan IPO P/E ratio is , as compared to Manomay Tex IPO P/E ratio of .

 Airan IPOManomay Tex IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Oct 201631 Mar 201631 Mar 201531 Mar 2014
Assets37.1730.5329.8022.87
Total Income17.4126.8819.5814.57
Profit After Tax1.291.450.810.86
NET Worth20.1518.8617.4116.72
Reserves and Surplus15.5514.2612.8112.12
Total Borrowing13.478.439.913.90
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets106.0396.2947.6444.62
Total Income145.01218.19166.15101.75
Profit After Tax1.651.340.22-0.76
NET Worth22.1020.0314.0811.23
Reserves and Surplus20.3318.2512.708.88
Total Borrowing51.3753.1620.5422.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%83.39%
Promoter Shareholding (Post-Issue)73.60%58.38%
Market Cap₹56.26 Cr.₹38.05 Cr.

Shares Offered

In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Manomay Tex IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Airan IPO and 0 shares in Manomay Tex IPO.

 Airan IPOManomay Tex IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,68,000 shares1,96,000 shares
QIB0 shares0 shares
NII15,66,000 shares18,04,000 shares
RII15,66,000 shares18,04,000 shares
Employee0 shares0 shares
Total31,32,000 shares36,08,000 shares

Bids Received (Subscription)

Airan IPO subscribed 29.60x in total, whereas Manomay Tex IPO subscribed 3.72x.

 Airan IPOManomay Tex IPO
NII (times)21.88x2.71x
RII (times)37.32x4.74x
Total (times)29.60x3.72x

Compare with others

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Airan IPO Vs Manomay Tex IPO