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Arihant Institute IPO vs Palm Jewels IPO

Comparison between Arihant Institute IPO and Palm Jewels IPO.

IPO Details

Arihant Institute IPO is a SME Fixed Price IPO proposed to list at BSE SME while Palm Jewels IPO is a SME Fixed Price proposed to list at BSE SME.

 Arihant Institute IPOPalm Jewels IPO
LogoArihant Institute IPO LogoPalm Jewels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersMonarch Networth Capital Ltd.First Overseas Capital Ltd.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Market MakerMonarch Networth Capital Ltd.Beeline Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Arihant Institute IPO is up to ₹7.10 Cr whereas the issue size of the Palm Jewels IPO is up to ₹8.45 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Palm Jewels IPO is ₹30.00 per share.

 Arihant Institute IPOPalm Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹30.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares4000 shares
Fresh Issue Size23,68,000 shares28,16,000 shares
Fresh Issue Size (Amount)up to ₹7.10 Crup to ₹8.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,68,000 shares28,16,000 shares
Issue Size Total (Amount)up to ₹7.10 Crup to ₹8.45 Cr

IPO Timetable

Arihant Institute IPO opens on May 23, 2018, while Palm Jewels IPO opens on May 25, 2018. The closing date of Arihant Institute IPO and Palm Jewels IPO is May 28, 2018, and Jun 04, 2018, respectively.

 Arihant Institute IPOPalm Jewels IPO
Anchor Bid Date
Issue OpenMay 23, 2018May 25, 2018
Issue CloseMay 28, 2018Jun 04, 2018
Basis Of Allotment (Tentative)Jun 06, 2018
Initiation of Refunds (Tentative)Jun 07, 2018
Credit of Share (Tentative)Jun 07, 2018
Listing date (Tentative)Jun 05, 2018Jun 12, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Arihant Institute IPO P/E ratio is , as compared to Palm Jewels IPO P/E ratio of .

 Arihant Institute IPOPalm Jewels IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 586.93 575.03 729.55 666.60 597.24
Total Revenue 169.20 864.20 385.50 609.96 864.20
Profit After Tax 112.74 (14.45) 3.79 (146.26) 16.48
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 163.08 36.62 35.93 34.87 33.54
Total Revenue 552.38 157.48 97.91 41.63 118.89
Profit After Tax 1.54 0.53 (0.35) 0.19 0.14
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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

 Arihant Institute IPOPalm Jewels IPO
Anchor Investor Reserveration
Market Maker Reserveration1,32,000 shares1,52,000 shares
QIB
NII11,84,000 shares14,08,000 shares
RII11,84,000 shares14,08,000 shares
Employee
Others
Total23,68,000 shares28,16,000 shares

Bids Received (Subscription)

Arihant Institute IPO subscribed 2.20x in total, whereas Palm Jewels IPO subscribed 1.16x.

 Arihant Institute IPOPalm Jewels IPO
QIB (times)
NII (times)0.69x0.82x
Big NII (times)
Small NII (times)
RII (times)3.71x1.50x
Employee (times)
Other (times)
Total (times)2.20x1.16x