Comparison between ASL Industries IPO and Panache Digilife IPO.
ASL Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Panache Digilife IPO is a SME Bookbuilding proposed to list at NSE SME.
| ASL Industries IPO | Panache Digilife IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Guiness Securities Ltd. | Pantomath Stock Brokers Pvt.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 ASL Industries IPO is up to ₹9.30 Cr whereas the issue size of the Panache Digilife IPO is up to ₹13.83 Cr. The final issue price of ASL Industries IPO is ₹35.00 per share and of Panache Digilife IPO is ₹81.00 per share.
| ASL Industries IPO | Panache Digilife IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹81.00 per share | |
| Issue Price (Final) | ₹35.00 per share | ₹81.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1600 shares |
| Fresh Issue Size | 26,56,000 shares | 17,07,200 shares |
| Fresh Issue Size (Amount) | up to ₹9.30 Cr | up to ₹13.83 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 | 26,56,000 shares | 17,07,200 shares |
| Issue Size Total (Amount) | up to ₹9.30 Cr | up to ₹13.83 Cr |
ASL Industries IPO opens on Mar 31, 2017, while Panache Digilife IPO opens on Apr 11, 2017. The closing date of ASL Industries IPO and Panache Digilife IPO is Apr 07, 2017, and Apr 17, 2017, respectively.
| ASL Industries IPO | Panache Digilife IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 31, 2017 | Apr 11, 2017 |
| Issue Close | Apr 07, 2017 | Apr 17, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 18, 2017 | Apr 25, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
ASL Industries IPO P/E ratio is , as compared to Panache Digilife IPO P/E ratio of .
| ASL Industries IPO | Panache Digilife IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹36.46 Cr. | ₹48.60 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the ASL Industries IPO Retail Individual Investors (RII) are offered 13,28,000 shares while in Panache Digilife IPO retail investors are offered 13,28,000 shares. Qualified Institutional Buyers (QIB) are offered in ASL Industries IPO and in Panache Digilife IPO.
| ASL Industries IPO | Panache Digilife IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,44,000 shares | 92,800 shares |
| QIB | ||
| NII | 13,28,000 shares | 8,52,800 shares |
| RII | 13,28,000 shares | 8,54,400 shares |
| Employee | ||
| Others | ||
| Total | 26,56,000 shares | 17,07,200 shares |
ASL Industries IPO subscribed 2.60x in total, whereas Panache Digilife IPO subscribed 2.45x.
| ASL Industries IPO | Panache Digilife IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.02x | 2.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.18x | 2.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.60x | 2.45x |
