Arihant Institute IPO vs Nakoda Group of Industries IPO

Comparison between Arihant Institute IPO and Nakoda Group of Industries IPO.

IPO Details

Arihant Institute IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nakoda Group of Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Arihant Institute IPO is up to ₹7.10 Cr whereas the issue size of the Nakoda Group of Industries IPO is up to ₹6.13 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Nakoda Group of Industries IPO is ₹35.00 per share.

 Arihant Institute IPONakoda Group of Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹30.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares4000 shares
Fresh Issue Size23,68,000 shares17,52,000 shares
Fresh Issue Size (Amount)up to ₹7.10 Crup to ₹6.13 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,68,000 shares17,52,000 shares
Issue Size Total (Amount)up to ₹7.10 Crup to ₹6.13 Cr

IPO Timetable

Arihant Institute IPO opens on May 23, 2018, while Nakoda Group of Industries IPO opens on May 23, 2018. The closing date of Arihant Institute IPO and Nakoda Group of Industries IPO is May 28, 2018, and May 29, 2018, respectively.

 Arihant Institute IPONakoda Group of Industries IPO
Issue OpenMay 23, 2018May 23, 2018
Issue CloseMay 28, 2018May 29, 2018
Basis Of Allotment (Tentative)May 31, 2018Jun 02, 2018
Listing date (Tentative)Jun 05, 2018Jun 06, 2018

Financials & KPIs

Arihant Institute IPO P/E ratio is , as compared to Nakoda Group of Industries IPO P/E ratio of .

 Arihant Institute IPONakoda Group of Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.795.875.757.30
Total Income1.141.691.673.86
Profit After Tax0.120.11-1.450.04
NET Worth5.703.60-1.160.28
Reserves and Surplus-1.13-2.40-2.51-1.07
Total Borrowing0.231.125.634.66
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets34.1527.850.580.02
Total Income43.9523.79
Profit After Tax0.990.48-0.00
NET Worth6.485.480.010.01
Reserves and Surplus1.480.480.000.00
Total Borrowing20.8115.570.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.80%100%
Promoter Shareholding (Post-Issue)57.85%72.97%
Market Cap₹28.22 Cr.₹23.98 Cr.

Shares Offered

In the Arihant Institute IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Nakoda Group of Industries IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Arihant Institute IPO and 0 shares in Nakoda Group of Industries IPO.

 Arihant Institute IPONakoda Group of Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,32,000 shares1,00,000 shares
QIB0 shares0 shares
NII11,84,000 shares8,76,000 shares
RII11,84,000 shares8,76,000 shares
Employee0 shares0 shares
Total23,68,000 shares17,52,000 shares

Bids Received (Subscription)

Arihant Institute IPO subscribed 2.20x in total, whereas Nakoda Group of Industries IPO subscribed 1.32x.

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Arihant Institute IPO Vs Nakoda Group of Industries IPO