A-1 Acid IPO vs Parin Furniture IPO

Comparison between A-1 Acid IPO and Parin Furniture IPO.

IPO Details

A-1 Acid IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parin Furniture IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of A-1 Acid IPO is up to ₹17.06 Cr whereas the issue size of the Parin Furniture IPO is up to ₹17.89 Cr. The final issue price of A-1 Acid IPO is ₹60.00 per share and of Parin Furniture IPO is ₹63.00 per share.

 A-1 Acid IPOParin Furniture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹60.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size28,44,000 shares28,40,000 shares
Fresh Issue Size (Amount)up to ₹17.06 Crup to ₹17.89 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total28,44,000 shares28,40,000 shares
Issue Size Total (Amount)up to ₹17.06 Crup to ₹17.89 Cr

IPO Timetable

A-1 Acid IPO opens on Sep 25, 2018, while Parin Furniture IPO opens on Sep 26, 2018. The closing date of A-1 Acid IPO and Parin Furniture IPO is Oct 01, 2018, and Sep 28, 2018, respectively.

 A-1 Acid IPOParin Furniture IPO
Issue OpenSep 25, 2018Sep 26, 2018
Issue CloseOct 01, 2018Sep 28, 2018
Basis Of Allotment (Tentative)Oct 05, 2018Oct 04, 2018
Initiation of Refunds (Tentative)Oct 05, 2018
Credit of Share (Tentative)Oct 05, 2018
Listing date (Tentative)Oct 10, 2018Oct 09, 2018

Financials & KPIs

A-1 Acid IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .

 A-1 Acid IPOParin Furniture IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets39.3537.6525.94
Total Income96.17105.8085.39
Profit After Tax2.483.000.92
NET Worth13.7811.308.30
Reserves and Surplus6.7810.307.30
Total Borrowing14.8516.9611.35
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets46.6443.4539.63
Total Income64.5959.9461.78
Profit After Tax2.621.361.02
EBITDA7.205.854.92
NET Worth15.475.654.29
Reserves and Surplus7.545.353.99
Total Borrowing23.2629.2525.42
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)70%73.02%
Market Cap₹60.00 Cr.₹70.04 Cr.

Shares Offered

In the A-1 Acid IPO Retail Individual Investors (RII) are offered 14,22,000 shares while in Parin Furniture IPO retail investors are offered 14,22,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in A-1 Acid IPO and 2,84,000 shares in Parin Furniture IPO.

 A-1 Acid IPOParin Furniture IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,56,000 shares1,60,000 shares
QIB0 shares2,84,000 shares
NII14,22,000 shares15,62,000 shares
RII14,22,000 shares9,94,000 shares
Employee0 shares0 shares
Total28,44,000 shares28,40,000 shares

Bids Received (Subscription)

A-1 Acid IPO subscribed 1.81x in total, whereas Parin Furniture IPO subscribed 2.45x.

 A-1 Acid IPOParin Furniture IPO
QIB (times)1.00x
NII (times)2.37x1.89x
RII (times)1.25x3.74x
Total (times)1.81x2.45x

Compare with others

Compare: