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Akash Infra-Projects IPO vs Manomay Tex IPO

Comparison between Akash Infra-Projects IPO and Manomay Tex IPO.

IPO Details

Akash Infra-Projects 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.

 Akash Infra-Projects IPOManomay Tex IPO
LogoAkash Infra-Projects IPO LogoManomay Tex IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersTipsons Consultancy Services Pvt.Ltd.Pantomath Capital Advisors Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akash Infra-Projects IPO is up to ₹24.15 Cr whereas the issue size of the Manomay Tex IPO is up to ₹10.82 Cr. The final issue price of Akash Infra-Projects IPO is ₹125.00 per share and of Manomay Tex IPO is ₹30.00 per share.

 Akash Infra-Projects 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)₹125.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares4000 shares
Fresh Issue Size11,59,200 shares36,08,000 shares
Fresh Issue Size (Amount)up to ₹14.49 Crup to ₹10.82 Cr
OFS Issue Size7,72,800 shares0 shares
OFS Issue Size (Amount)up to ₹9.66 Crup to ₹0.00 Cr
Issue Size Total19,32,000 shares36,08,000 shares
Issue Size Total (Amount)up to ₹24.15 Crup to ₹10.82 Cr

IPO Timetable

Akash Infra-Projects IPO opens on Feb 28, 2017, while Manomay Tex IPO opens on Mar 15, 2017. The closing date of Akash Infra-Projects IPO and Manomay Tex IPO is Mar 06, 2017, and Mar 20, 2017, respectively.

 Akash Infra-Projects IPOManomay Tex IPO
Issue OpenFeb 28, 2017Mar 15, 2017
Issue CloseMar 06, 2017Mar 20, 2017
Basis Of Allotment (Tentative)Mar 23, 2017
Listing date (Tentative)Mar 15, 2017Mar 28, 2017

Financials & KPIs

Akash Infra-Projects IPO P/E ratio is , as compared to Manomay Tex IPO P/E ratio of .

 Akash Infra-Projects IPOManomay Tex IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Aug 201631 Mar 201631 Mar 201531 Mar 2014
Assets76.5970.0282.3882.64
Total Income20.3874.6986.80141.74
Profit After Tax0.833.895.179.74
NET Worth51.2150.3947.0542.66
Reserves and Surplus44.8945.6442.3137.92
Total Borrowing13.179.3723.0420.08
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)98.85%83.39%
Promoter Shareholding (Post-Issue)72.16%58.38%
Market Cap₹94.85 Cr.₹38.05 Cr.

Shares Offered

In the Akash Infra-Projects IPO Retail Individual Investors (RII) are offered 9,66,000 shares while in Manomay Tex IPO retail investors are offered 9,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Akash Infra-Projects IPO and 0 shares in Manomay Tex IPO.

 Akash Infra-Projects IPOManomay Tex IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,08,000 shares1,96,000 shares
QIB0 shares
NII9,66,000 shares18,04,000 shares
RII9,66,000 shares18,04,000 shares
Employee0 shares
Total19,32,000 shares36,08,000 shares

Bids Received (Subscription)

Akash Infra-Projects IPO subscribed 1.96x in total, whereas Manomay Tex IPO subscribed 3.72x.

 Akash Infra-Projects IPOManomay Tex IPO
NII (times)2.04x2.71x
RII (times)1.88x4.74x
Total (times)1.96x3.72x

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Compare:

Akash Infra-Projects IPO Vs Manomay Tex IPO