Comparison between Airan IPO and Maximus International IPO.
Airan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Maximus International IPO is a SME Fixed Price proposed to list at BSE SME.
| Airan IPO | Maximus International IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Aryaman Capital Markets 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 Airan IPO is up to ₹14.09 Cr whereas the issue size of the Maximus International IPO is up to ₹3.57 Cr. The final issue price of Airan IPO is ₹45.00 per share and of Maximus International IPO is ₹25.00 per share.
| Airan IPO | Maximus International IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 6000 shares |
| Fresh Issue Size | 31,32,000 shares | 14,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹3.57 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 | 31,32,000 shares | 14,28,000 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹3.57 Cr |
Airan IPO opens on Mar 14, 2017, while Maximus International IPO opens on Mar 17, 2017. The closing date of Airan IPO and Maximus International IPO is Mar 16, 2017, and Mar 22, 2017, respectively.
| Airan IPO | Maximus International IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 14, 2017 | Mar 17, 2017 |
| Issue Close | Mar 16, 2017 | Mar 22, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 24, 2017 | Mar 30, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Airan IPO P/E ratio is , as compared to Maximus International IPO P/E ratio of .
| Airan IPO | Maximus International IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹56.26 Cr. | ₹13.02 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Maximus International IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Airan IPO and in Maximus International IPO.
| Airan IPO | Maximus International IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,68,000 shares | 78,000 shares |
| QIB | ||
| NII | 15,66,000 shares | 7,14,000 shares |
| RII | 15,66,000 shares | 7,14,000 shares |
| Employee | ||
| Others | ||
| Total | 31,32,000 shares | 14,28,000 shares |
Airan IPO subscribed 29.60x in total, whereas Maximus International IPO subscribed 2.91x.
| Airan IPO | Maximus International IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 21.88x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 37.32x | 0.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 29.60x | 2.91x |
