Comparison between Arihant Academy IPO and PNGS Gargi Fashion Jewellery IPO.
Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while PNGS Gargi Fashion Jewellery IPO is a SME Fixed Price proposed to list at BSE SME.
| Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Shreni Shares Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Shreni Shares 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 Academy IPO is up to ₹13.97 Cr whereas the issue size of the PNGS Gargi Fashion Jewellery IPO is up to ₹7.39 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of PNGS Gargi Fashion Jewellery IPO is ₹30.00 per share.
| Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹90.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 4000 shares |
| Fresh Issue Size | 15,52,000 shares | 24,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹13.97 Cr | up to ₹7.39 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 | 15,52,000 shares | 24,64,000 shares |
| Issue Size Total (Amount) | up to ₹13.97 Cr | up to ₹7.39 Cr |
Arihant Academy IPO opens on Dec 16, 2022, while PNGS Gargi Fashion Jewellery IPO opens on Dec 08, 2022. The closing date of Arihant Academy IPO and PNGS Gargi Fashion Jewellery IPO is Dec 21, 2022, and Dec 13, 2022, respectively.
| Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 16, 2022 | Dec 08, 2022 |
| Issue Close | Dec 21, 2022 | Dec 13, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 16, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Dec 19, 2022 |
| Credit of Share (Tentative) | Dec 28, 2022 | Dec 20, 2022 |
| Listing date (Tentative) | Dec 29, 2022 | Dec 20, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arihant Academy IPO P/E ratio is 19.11, as compared to PNGS Gargi Fashion Jewellery IPO P/E ratio of 6.77.
| Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.00 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.11 | 6.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.50 Cr. | ₹28.88 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 51.46 | 98.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 66.27 | 23.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 4.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2018.61 | ₹1105.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.98 | 100.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in PNGS Gargi Fashion Jewellery IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in PNGS Gargi Fashion Jewellery IPO.
| Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 83,200 shares | 1,36,000 shares |
| QIB | ||
| NII | 7,76,000 shares | 12,32,000 shares |
| RII | 7,76,000 shares | 12,32,000 shares |
| Employee | ||
| Others | ||
| Total | 15,52,000 shares | 24,64,000 shares |
Arihant Academy IPO subscribed 235.87x in total, whereas PNGS Gargi Fashion Jewellery IPO subscribed 230.94x.
| Arihant Academy IPO | PNGS Gargi Fashion Jewellery IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 242.89x | 213.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.85x | 248.68x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 235.87x | 230.94x |
