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.
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 IPO | Parin Furniture IPO |
|---|
| Issue Open | Sep 25, 2018 | Sep 26, 2018 |
| Issue Close | Oct 01, 2018 | Sep 28, 2018 |
| Basis Of Allotment (Tentative) | Oct 05, 2018 | Oct 04, 2018 |
| Initiation of Refunds (Tentative) | | Oct 05, 2018 |
| Credit of Share (Tentative) | | Oct 05, 2018 |
| Listing date (Tentative) | Oct 10, 2018 | Oct 09, 2018 |
Financials & KPIs
A-1 Acid IPO P/E ratio is , as compared to Parin Furniture IPO P/E ratio of .
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 IPO | Parin Furniture IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,56,000 shares | 1,60,000 shares |
| QIB | 0 shares | 2,84,000 shares |
| NII | 14,22,000 shares | 15,62,000 shares |
| RII | 14,22,000 shares | 9,94,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 28,44,000 shares | 28,40,000 shares |
Bids Received (Subscription)
A-1 Acid IPO subscribed 1.81x in total, whereas Parin Furniture IPO subscribed 2.45x.