Comparison between Arihant Institute IPO and Palm Jewels IPO.
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 IPO | Palm Jewels IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Monarch Networth Capital Ltd. | First Overseas Capital Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Beeline Broking 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 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 IPO | Palm 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 Size | 4000 shares | 4000 shares |
| Fresh Issue Size | 23,68,000 shares | 28,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.10 Cr | up to ₹8.45 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 | 23,68,000 shares | 28,16,000 shares |
| Issue Size Total (Amount) | up to ₹7.10 Cr | up to ₹8.45 Cr |
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 IPO | Palm Jewels IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 23, 2018 | May 25, 2018 |
| Issue Close | May 28, 2018 | Jun 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, 2018 | Jun 12, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arihant Institute IPO P/E ratio is , as compared to Palm Jewels IPO P/E ratio of .
| Arihant Institute IPO | Palm Jewels IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹28.22 Cr. | ₹22.15 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Palm Jewels IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,32,000 shares | 1,52,000 shares |
| QIB | ||
| NII | 11,84,000 shares | 14,08,000 shares |
| RII | 11,84,000 shares | 14,08,000 shares |
| Employee | ||
| Others | ||
| Total | 23,68,000 shares | 28,16,000 shares |
Arihant Institute IPO subscribed 2.20x in total, whereas Palm Jewels IPO subscribed 1.16x.
| Arihant Institute IPO | Palm Jewels IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.69x | 0.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.71x | 1.50x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.20x | 1.16x |
