Ashapuri Gold Ornament FPO vs NIKS Technology IPO

Comparison between Ashapuri Gold Ornament FPO and NIKS Technology IPO.

IPO Details

Ashapuri Gold Ornament FPO is a SME Fixed Price IPO proposed to list at BSE SME while NIKS Technology 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 NIKS Technology IPO is up to ₹1.91 Cr. The final issue price of Ashapuri Gold Ornament FPO is ₹81.00 per share and of NIKS Technology IPO is ₹201.00 per share.

 Ashapuri Gold Ornament FPONIKS Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹81.00 per share₹201.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1600 shares600 shares
Fresh Issue Size35,20,000 shares27,800 shares
Fresh Issue Size (Amount)up to ₹28.51 Crup to ₹0.56 Cr
OFS Issue Size0 shares67,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.35 Cr
Issue Size Total35,20,000 shares94,800 shares
Issue Size Total (Amount)up to ₹28.51 Crup to ₹1.91 Cr

IPO Timetable

Ashapuri Gold Ornament FPO opens on Mar 03, 2021, while NIKS Technology IPO opens on Mar 19, 2021. The closing date of Ashapuri Gold Ornament FPO and NIKS Technology IPO is Mar 08, 2021, and Mar 23, 2021, respectively.

 Ashapuri Gold Ornament FPONIKS Technology IPO
Issue OpenMar 03, 2021Mar 19, 2021
Issue CloseMar 08, 2021Mar 23, 2021
Listing date (Tentative)Mar 17, 2021Mar 31, 2021

Financials & KPIs

Ashapuri Gold Ornament FPO P/E ratio is , as compared to NIKS Technology IPO P/E ratio of 119.64.

 Ashapuri Gold Ornament FPONIKS Technology 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 Ended31 Jan 202131 Mar 202031 Mar 201931 Mar 2018
Assets0.680.390.070.09
Total Income0.280.200.200.19
Profit After Tax0.140.08-0.00-0.01
EBITDA0.220.130.010.01
NET Worth0.210.090.010.01
Reserves and Surplus0.110.07-0.01-0.01
Total Borrowing0.000.040.040.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%99.97%
Promoter Shareholding (Post-Issue)73%72.38%
P/E Ratio119.64
Market Cap₹172.47 Cr.₹7.30 Cr.

Shares Offered

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

 Ashapuri Gold Ornament FPONIKS Technology IPO
Market Maker Reservation1,85,600 shares5,400 shares
NII17,60,000 shares47,400 shares
RII17,60,000 shares47,400 shares
Total35,20,000 shares94,800 shares

Bids Received (Subscription)

Ashapuri Gold Ornament FPO subscribed 1.24x in total, whereas NIKS Technology IPO subscribed 4.34x.

 Ashapuri Gold Ornament FPONIKS Technology IPO
NII (times)2.17x1.05x
RII (times)0.30x7.62x
Total (times)1.24x4.34x

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Ashapuri Gold Ornament FPO Vs NIKS Technology IPO