AVG Logistics IPO vs Orissa Bengal Carrier IPO

Comparison between AVG Logistics IPO and Orissa Bengal Carrier IPO.

IPO Details

AVG Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Orissa Bengal Carrier IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AVG Logistics IPO is up to ₹31.41 Cr whereas the issue size of the Orissa Bengal Carrier IPO is up to ₹15.84 Cr. The final issue price of AVG Logistics IPO is ₹107.00 per share and of Orissa Bengal Carrier IPO is ₹30.00 per share.

 AVG Logistics IPOOrissa Bengal Carrier IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share
Issue Price (Upper)₹107.00 per share
Issue Price (Final)₹107.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares4000 shares
Fresh Issue Size29,35,200 shares52,80,000 shares
Fresh Issue Size (Amount)up to ₹31.41 Crup to ₹15.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,35,200 shares52,80,000 shares
Issue Size Total (Amount)up to ₹31.41 Crup to ₹15.84 Cr

IPO Timetable

AVG Logistics IPO opens on Mar 28, 2018, while Orissa Bengal Carrier IPO opens on Mar 22, 2018. The closing date of AVG Logistics IPO and Orissa Bengal Carrier IPO is Apr 03, 2018, and Mar 26, 2018, respectively.

 AVG Logistics IPOOrissa Bengal Carrier IPO
Anchor Bid DateMar 27, 2018
Issue OpenMar 28, 2018Mar 22, 2018
Issue CloseApr 03, 2018Mar 26, 2018
Basis Of Allotment (Tentative)Apr 10, 2018Apr 02, 2018
Listing date (Tentative)Apr 11, 2018Apr 05, 2018
Anchor Lockin End date 1May 03, 2018

Financials & KPIs

AVG Logistics IPO P/E ratio is , as compared to Orissa Bengal Carrier IPO P/E ratio of .

 AVG Logistics IPOOrissa Bengal Carrier IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets90.4183.5369.9760.96
Total Income103.59194.86192.29183.32
Profit After Tax3.464.433.803.19
EBITDA10.5516.6716.0013.21
NET Worth25.6221.8217.3712.35
Reserves and Surplus21.3817.5813.139.33
Total Borrowing42.7543.0135.9330.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets86.6976.2567.6361.11
Total Income164.01213.00220.56206.50
Profit After Tax3.513.951.820.92
NET Worth31.6228.1124.1622.33
Reserves and Surplus29.9026.3922.4320.61
Total Borrowing28.7224.0822.6918.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.96%85.93%
Promoter Shareholding (Post-Issue)69.96%63.26%
Market Cap₹110.19 Cr.₹63.25 Cr.

Shares Offered

In the AVG Logistics IPO Retail Individual Investors (RII) are offered 10,27,200 shares while in Orissa Bengal Carrier IPO retail investors are offered 10,27,200 shares. Qualified Institutional Buyers (QIB) are offered 5,88,000 shares in AVG Logistics IPO and 0 shares in Orissa Bengal Carrier IPO.

 AVG Logistics IPOOrissa Bengal Carrier IPO
Anchor Investor Reservation8,79,600 shares0 shares
Market Maker Reservation1,54,800 shares2,84,000 shares
QIB5,88,000 shares0 shares
NII4,40,400 shares26,40,000 shares
RII10,27,200 shares26,40,000 shares
Employee0 shares0 shares
Total29,35,200 shares52,80,000 shares

Bids Received (Subscription)

AVG Logistics IPO subscribed 1.92x in total, whereas Orissa Bengal Carrier IPO subscribed 1.23x.

 AVG Logistics IPOOrissa Bengal Carrier IPO
QIB (times)1.22x
NII (times)7.59x1.09x
RII (times)1.54x1.36x
Total (times)1.92x1.23x

Compare with others

Compare:

AVG Logistics IPO Vs Orissa Bengal Carrier IPO