AVG Logistics IPO vs Penta Gold IPO

Comparison between AVG Logistics IPO and Penta Gold IPO.

IPO Details

AVG Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Penta Gold IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AVG Logistics IPO is up to ₹31.41 Cr whereas the issue size of the Penta Gold IPO is up to ₹12.65 Cr. The final issue price of AVG Logistics IPO is ₹107.00 per share and of Penta Gold IPO is ₹37.00 per share.

 AVG Logistics IPOPenta Gold IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share
Issue Price (Upper)₹107.00 per share
Issue Price (Final)₹107.00 per share₹37.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares3000 shares
Fresh Issue Size29,35,200 shares34,20,000 shares
Fresh Issue Size (Amount)up to ₹31.41 Crup to ₹12.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total29,35,200 shares34,20,000 shares
Issue Size Total (Amount)up to ₹31.41 Crup to ₹12.65 Cr

IPO Timetable

AVG Logistics IPO opens on Mar 28, 2018, while Penta Gold IPO opens on Mar 23, 2018. The closing date of AVG Logistics IPO and Penta Gold IPO is Apr 03, 2018, and Mar 27, 2018, respectively.

 AVG Logistics IPOPenta Gold IPO
Anchor Bid DateMar 27, 2018
Issue OpenMar 28, 2018Mar 23, 2018
Issue CloseApr 03, 2018Mar 27, 2018
Basis Of Allotment (Tentative)Apr 10, 2018Apr 20, 2018
Listing date (Tentative)Apr 11, 2018Apr 25, 2018
Anchor Lockin End date 1May 03, 2018

Financials & KPIs

AVG Logistics IPO P/E ratio is , as compared to Penta Gold IPO P/E ratio of .

 AVG Logistics IPOPenta Gold IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets90.4183.5369.9760.96
Total Income103.59194.86192.29183.32
Profit After Tax3.464.433.803.19
EBITDA10.5516.6716.0013.21
NET Worth25.6221.8217.3712.35
Reserves and Surplus21.3817.5813.139.33
Total Borrowing42.7543.0135.9330.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets80.8776.6063.8258.78
Total Income110.48237.58244.92250.02
Profit After Tax1.311.691.781.58
NET Worth17.0615.7514.0711.03
Reserves and Surplus7.936.639.506.72
Total Borrowing54.7846.4833.6426.61
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.96%100.00%
Promoter Shareholding (Post-Issue)69.96%73.63%
Market Cap₹110.19 Cr.₹47.08 Cr.

Shares Offered

In the AVG Logistics IPO Retail Individual Investors (RII) are offered 10,27,200 shares while in Penta Gold IPO retail investors are offered 10,27,200 shares. Qualified Institutional Buyers (QIB) are offered 5,88,000 shares in AVG Logistics IPO and 0 shares in Penta Gold IPO.

 AVG Logistics IPOPenta Gold IPO
Anchor Investor Reservation8,79,600 shares0 shares
Market Maker Reservation1,54,800 shares1,80,000 shares
QIB5,88,000 shares0 shares
NII4,40,400 shares17,10,000 shares
RII10,27,200 shares17,10,000 shares
Employee0 shares0 shares
Total29,35,200 shares34,20,000 shares

Bids Received (Subscription)

AVG Logistics IPO subscribed 1.92x in total, whereas Penta Gold IPO subscribed 0.59x.

 AVG Logistics IPOPenta Gold IPO
QIB (times)1.22x
NII (times)7.59x1.02x
RII (times)1.54x0.16x
Total (times)1.92x0.59x

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AVG Logistics IPO Vs Penta Gold IPO