Comparison between A-1 Acid IPO and Marine Electricals IPO.
IPO Details
A-1 Acid IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Marine Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of A-1 Acid IPO is up to ₹17.06 Cr whereas the issue size of the Marine Electricals IPO is up to ₹40.66 Cr. The final issue price of A-1 Acid IPO is ₹60.00 per share and of Marine Electricals IPO is ₹66.00 per share.
IPO Timetable
A-1 Acid IPO opens on Sep 25, 2018, while Marine Electricals IPO opens on Sep 28, 2018. The closing date of A-1 Acid IPO and Marine Electricals IPO is Oct 01, 2018, and Oct 03, 2018, respectively.
| | A-1 Acid IPO | Marine Electricals IPO |
|---|
| Issue Open | Sep 25, 2018 | Sep 28, 2018 |
| Issue Close | Oct 01, 2018 | Oct 03, 2018 |
| Basis Of Allotment (Tentative) | Oct 05, 2018 | Oct 08, 2018 |
| Initiation of Refunds (Tentative) | | Oct 09, 2018 |
| Credit of Share (Tentative) | | Oct 10, 2018 |
| Listing date (Tentative) | Oct 10, 2018 | Oct 11, 2018 |
Financials & KPIs
A-1 Acid IPO P/E ratio is , as compared to Marine Electricals IPO P/E ratio of .
Shares Offered
In the A-1 Acid IPO Retail Individual Investors (RII) are offered 14,22,000 shares while in Marine Electricals IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in A-1 Acid IPO and 0 shares in Marine Electricals IPO.
| | A-1 Acid IPO | Marine Electricals IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,56,000 shares | 3,36,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 14,22,000 shares | 30,80,000 shares |
| RII | 14,22,000 shares | 30,80,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 28,44,000 shares | 61,60,000 shares |
Bids Received (Subscription)
A-1 Acid IPO subscribed 1.81x in total, whereas Marine Electricals IPO subscribed 1.23x.
