Ashapuri Gold Ornament FPO vs MRP Agro IPO

Comparison between Ashapuri Gold Ornament FPO and MRP Agro IPO.

IPO Details

Ashapuri Gold Ornament FPO is a SME Fixed Price IPO proposed to list at BSE SME while MRP Agro IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ashapuri Gold Ornament FPO is up to ₹28.51 Cr whereas the issue size of the MRP Agro IPO is up to ₹3.05 Cr. The final issue price of Ashapuri Gold Ornament FPO is ₹81.00 per share and of MRP Agro IPO is ₹40.00 per share.

 Ashapuri Gold Ornament FPOMRP Agro IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares3000 shares
Fresh Issue Size35,20,000 shares7,62,000 shares
Fresh Issue Size (Amount)up to ₹28.51 Crup to ₹3.05 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,20,000 shares7,62,000 shares
Issue Size Total (Amount)up to ₹28.51 Crup to ₹3.05 Cr

IPO Timetable

Ashapuri Gold Ornament FPO opens on Mar 03, 2021, while MRP Agro IPO opens on Feb 08, 2021. The closing date of Ashapuri Gold Ornament FPO and MRP Agro IPO is Mar 08, 2021, and Feb 10, 2021, respectively.

 Ashapuri Gold Ornament FPOMRP Agro IPO
Issue OpenMar 03, 2021Feb 08, 2021
Issue CloseMar 08, 2021Feb 10, 2021
Basis Of Allotment (Tentative)Feb 15, 2021
Listing date (Tentative)Mar 17, 2021Feb 18, 2021

Financials & KPIs

Ashapuri Gold Ornament FPO P/E ratio is , as compared to MRP Agro IPO P/E ratio of .

 Ashapuri Gold Ornament FPOMRP Agro IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Nov 201831 Mar 201831 Mar 201731 Mar 2016
Assets16.1014.5415.5816.84
Total Income49.5146.9337.2955.63
Profit After Tax0.320.070.040.06
NET Worth6.926.606.536.45
Reserves and Surplus6.826.506.436.39
Total Borrowing5.124.825.778.03
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 2019
Assets4.302.182.62
Total Income8.5736.3518.73
Profit After Tax0.140.190.12
EBITDA0.020.010.01
NET Worth3.981.680.37
Reserves and Surplus1.851.010.12
Total Borrowing0.180.291.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%93.17%
Promoter Shareholding (Post-Issue)73%67.84%
Market Cap₹172.47 Cr.₹11.92 Cr.

Shares Offered

In the Ashapuri Gold Ornament FPO Retail Individual Investors (RII) are offered 17,60,000 shares while in MRP Agro IPO retail investors are offered 17,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashapuri Gold Ornament FPO and 0 shares in MRP Agro IPO.

 Ashapuri Gold Ornament FPOMRP Agro IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,85,600 shares48,000 shares
QIB0 shares
NII17,60,000 shares3,81,000 shares
RII17,60,000 shares3,81,000 shares
Employee0 shares
Total35,20,000 shares7,62,000 shares

Bids Received (Subscription)

Ashapuri Gold Ornament FPO subscribed 1.24x in total, whereas MRP Agro IPO subscribed 3.42x.

 Ashapuri Gold Ornament FPOMRP Agro IPO
NII (times)2.17x2.66x
RII (times)0.30x4.17x
Total (times)1.24x3.42x

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Ashapuri Gold Ornament FPO Vs MRP Agro IPO