Comparison between Ashapuri Gold Ornament IPO and Northern Spirits IPO.
Ashapuri Gold Ornament IPO is a SME Fixed Price IPO proposed to list at BSE SME while Northern Spirits IPO is a SME Fixed Price proposed to list at BSE SME.
| Ashapuri Gold Ornament IPO | Northern Spirits IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Airan Finstocks Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ashapuri Gold Ornament IPO is up to ₹27.81 Cr whereas the issue size of the Northern Spirits IPO is up to ₹17.57 Cr. The final issue price of Ashapuri Gold Ornament IPO is ₹51.00 per share and of Northern Spirits IPO is ₹43.00 per share.
| Ashapuri Gold Ornament IPO | Northern Spirits IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹51.00 per share | ₹43.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 54,52,000 shares | 40,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹27.81 Cr | up to ₹17.57 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 | 54,52,000 shares | 40,86,000 shares |
| Issue Size Total (Amount) | up to ₹27.81 Cr | up to ₹17.57 Cr |
Ashapuri Gold Ornament IPO opens on Mar 13, 2019, while Northern Spirits IPO opens on Mar 22, 2019. The closing date of Ashapuri Gold Ornament IPO and Northern Spirits IPO is Mar 18, 2019, and Mar 27, 2019, respectively.
| Ashapuri Gold Ornament IPO | Northern Spirits IPO | |
|---|---|---|
| Issue Open | Mar 13, 2019 | Mar 22, 2019 |
| Issue Close | Mar 18, 2019 | Mar 27, 2019 |
| Basis Of Allotment (Tentative) | Mar 22, 2019 | |
| Initiation of Refunds (Tentative) | Mar 25, 2019 | |
| Credit of Share (Tentative) | Mar 26, 2019 | |
| Listing date (Tentative) | Mar 27, 2019 | Apr 04, 2019 |
Ashapuri Gold Ornament IPO P/E ratio is , as compared to Northern Spirits IPO P/E ratio of .
| Ashapuri Gold Ornament IPO | Northern Spirits IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 91.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73% | 66.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹108.59 Cr. | ₹69.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ashapuri Gold Ornament IPO Retail Individual Investors (RII) are offered 27,26,000 shares while in Northern Spirits IPO retail investors are offered 27,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashapuri Gold Ornament IPO and in Northern Spirits IPO.
| Ashapuri Gold Ornament IPO | Northern Spirits IPO | |
|---|---|---|
| Market Maker Reservation | 2,98,000 shares | 2,16,000 shares |
| NII | 27,26,000 shares | 20,43,000 shares |
| RII | 27,26,000 shares | 20,43,000 shares |
| Total | 54,52,000 shares | 40,86,000 shares |
Ashapuri Gold Ornament IPO subscribed 1.16x in total, whereas Northern Spirits IPO subscribed 1.30x.
| Ashapuri Gold Ornament IPO | Northern Spirits IPO | |
|---|---|---|
| NII (times) | 2.07x | 1.83x |
| RII (times) | 0.25x | 0.78x |
| Total (times) | 1.16x | 1.30x |
