Comparison between Akshar Spintex IPO and Milestone Furniture IPO.
Akshar Spintex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Milestone Furniture IPO is a SME Fixed Price proposed to list at BSE SME.
| Akshar Spintex IPO | Milestone Furniture IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Monarch Networth Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.Ltd. | Monarch Networth Capital Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the Milestone Furniture IPO is up to ₹14.09 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Milestone Furniture IPO is ₹45.00 per share.
| Akshar Spintex IPO | Milestone Furniture IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹40.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 6,54,000 shares | 31,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹2.62 Cr | up to ₹14.09 Cr |
| OFS Issue Size | 57,48,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹22.99 Cr | up to ₹0.00 Cr |
| Issue Size Total | 64,02,000 shares | 31,32,000 shares |
| Issue Size Total (Amount) | up to ₹25.61 Cr | up to ₹14.09 Cr |
Akshar Spintex IPO opens on Apr 27, 2018, while Milestone Furniture IPO opens on May 07, 2018. The closing date of Akshar Spintex IPO and Milestone Furniture IPO is May 03, 2018, and May 11, 2018, respectively.
| Akshar Spintex IPO | Milestone Furniture IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 27, 2018 | May 07, 2018 |
| Issue Close | May 03, 2018 | May 11, 2018 |
| Basis Of Allotment (Tentative) | May 16, 2018 | |
| Initiation of Refunds (Tentative) | May 17, 2018 | |
| Credit of Share (Tentative) | May 18, 2018 | |
| Listing date (Tentative) | May 11, 2018 | May 21, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Akshar Spintex IPO P/E ratio is , as compared to Milestone Furniture IPO P/E ratio of .
| Akshar Spintex IPO | Milestone Furniture IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
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| Promoter Shareholding (Pre-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in Milestone Furniture IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Akshar Spintex IPO and in Milestone Furniture IPO.
| Akshar Spintex IPO | Milestone Furniture IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,45,000 shares | 1,65,000 shares |
| QIB | ||
| NII | 32,01,000 shares | 15,66,000 shares |
| RII | 32,01,000 shares | 15,66,000 shares |
| Employee | ||
| Others | ||
| Total | 64,02,000 shares | 31,32,000 shares |
Akshar Spintex IPO subscribed 5.49x in total, whereas Milestone Furniture IPO subscribed 2.13x.
| Akshar Spintex IPO | Milestone Furniture IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.71x | 0.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.24x | 3.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.49x | 2.13x |
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