Airo Lam IPO vs Poojawestern Metaliks IPO

Comparison between Airo Lam IPO and Poojawestern Metaliks IPO.

IPO Details

Airo Lam IPO is a SME Fixed Price IPO proposed to list at NSE SME while Poojawestern Metaliks IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Airo Lam IPO is up to ₹14.41 Cr whereas the issue size of the Poojawestern Metaliks IPO is up to ₹5.18 Cr. The final issue price of Airo Lam IPO is ₹38.00 per share and of Poojawestern Metaliks IPO is ₹36.00 per share.

 Airo Lam IPOPoojawestern Metaliks IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹38.00 per share
Issue Price (Final)₹38.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size37,92,000 shares14,40,000 shares
Fresh Issue Size (Amount)up to ₹14.41 Crup to ₹5.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,92,000 shares14,40,000 shares
Issue Size Total (Amount)up to ₹14.41 Crup to ₹5.18 Cr

IPO Timetable

Airo Lam IPO opens on Sep 25, 2017, while Poojawestern Metaliks IPO opens on Sep 22, 2017. The closing date of Airo Lam IPO and Poojawestern Metaliks IPO is Sep 27, 2017, and Sep 26, 2017, respectively.

 Airo Lam IPOPoojawestern Metaliks IPO
Issue OpenSep 25, 2017Sep 22, 2017
Issue CloseSep 27, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Sep 30, 2017
Listing date (Tentative)Oct 06, 2017Oct 05, 2017

Financials & KPIs

Airo Lam IPO P/E ratio is , as compared to Poojawestern Metaliks IPO P/E ratio of .

 Airo Lam IPOPoojawestern Metaliks IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets70.3362.6656.45
Total Income71.4764.0667.23
Profit After Tax1.891.671.60
NET Worth17.1515.2613.59
Reserves and Surplus11.659.768.09
Total Borrowing22.6920.9822.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended01 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.276.244.155.93
Total Income0.992.7114.9215.18
Profit After Tax-0.030.120.120.10
NET Worth3.685.227.616.44
Reserves and Surplus0.640.120.310.19
Total Borrowing5.632.451.603.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.87%100.00%
Promoter Shareholding (Post-Issue)51.97%70.01%
Market Cap₹57.00 Cr.₹18.26 Cr.

Shares Offered

In the Airo Lam IPO Retail Individual Investors (RII) are offered 18,96,000 shares while in Poojawestern Metaliks IPO retail investors are offered 18,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Airo Lam IPO and 0 shares in Poojawestern Metaliks IPO.

 Airo Lam IPOPoojawestern Metaliks IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,10,000 shares81,000 shares
QIB0 shares0 shares
NII18,96,000 shares7,20,000 shares
RII18,96,000 shares7,20,000 shares
Employee0 shares0 shares
Total37,92,000 shares14,40,000 shares

Bids Received (Subscription)

Airo Lam IPO subscribed 32.69x in total, whereas Poojawestern Metaliks IPO subscribed 1.90x.

 Airo Lam IPOPoojawestern Metaliks IPO
NII (times)56.78x0.76x
RII (times)8.60x3.04x
Total (times)32.69x1.90x

Compare with others

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Airo Lam IPO Vs Poojawestern Metaliks IPO