Comparison between Adishakti Loha IPO and Nidan Laboratories IPO.
Adishakti Loha IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nidan Laboratories IPO is a SME Fixed Price proposed to list at NSE SME.
| Adishakti Loha IPO | Nidan Laboratories IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Turnaround Corporate Advisors Pvt.Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | NNM Securities Pvt.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 Adishakti Loha IPO is up to ₹1.89 Cr whereas the issue size of the Nidan Laboratories IPO is up to ₹47.50 Cr. The final issue price of Adishakti Loha IPO is ₹11.00 per share and of Nidan Laboratories IPO is ₹125.00 per share.
| Adishakti Loha IPO | Nidan Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹11.00 per share | ₹125.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 1000 shares |
| Fresh Issue Size | 17,20,000 shares | 38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.89 Cr | up to ₹47.50 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 | 17,20,000 shares | 38,00,000 shares |
| Issue Size Total (Amount) | up to ₹1.89 Cr | up to ₹47.50 Cr |
Adishakti Loha IPO opens on Sep 30, 2021, while Nidan Laboratories IPO opens on Oct 28, 2021. The closing date of Adishakti Loha IPO and Nidan Laboratories IPO is Oct 05, 2021, and Nov 02, 2021, respectively.
| Adishakti Loha IPO | Nidan Laboratories IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2021 | Oct 28, 2021 |
| Issue Close | Oct 05, 2021 | Nov 02, 2021 |
| Basis Of Allotment (Tentative) | Nov 09, 2021 | |
| Initiation of Refunds (Tentative) | Nov 10, 2021 | |
| Credit of Share (Tentative) | Nov 11, 2021 | |
| Listing date (Tentative) | Oct 13, 2021 | Nov 12, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Adishakti Loha IPO P/E ratio is , as compared to Nidan Laboratories IPO P/E ratio of .
| Adishakti Loha IPO | Nidan Laboratories IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 60.07 | 71.22 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹5.01 Cr. | ₹173.75 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Adishakti Loha IPO Retail Individual Investors (RII) are offered 8,60,000 shares while in Nidan Laboratories IPO retail investors are offered 8,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Adishakti Loha IPO and in Nidan Laboratories IPO.
| Adishakti Loha IPO | Nidan Laboratories IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,00,000 shares | 2,00,000 shares |
| QIB | ||
| NII | 8,60,000 shares | 19,00,000 shares |
| RII | 8,60,000 shares | 19,00,000 shares |
| Employee | ||
| Others | ||
| Total | 17,20,000 shares | 38,00,000 shares |
Adishakti Loha IPO subscribed 1.84x in total, whereas Nidan Laboratories IPO subscribed 1.80x.
| Adishakti Loha IPO | Nidan Laboratories IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.81x | 0.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.87x | 3.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.84x | 1.80x |
