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Aakash Exploration IPO vs Power Instrumentation Gujarat IPO

Comparison between Aakash Exploration IPO and Power Instrumentation Gujarat IPO.

IPO Details

Aakash Exploration IPO is a SME Fixed Price IPO proposed to list at NSE SME while Power Instrumentation Gujarat IPO is a SME Fixed Price proposed to list at NSE SME.

 Aakash Exploration IPOPower Instrumentation Gujarat IPO
LogoAakash Exploration IPO LogoPower Instrumentation Gujarat IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersMonarch Networth Capital Ltd.Navigant Corporate Advisors Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerMonarch Networth Capital Ltd.Khambatta Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aakash Exploration IPO is up to ₹9.58 Cr whereas the issue size of the Power Instrumentation Gujarat IPO is up to ₹5.83 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of Power Instrumentation Gujarat IPO is ₹33.00 per share.

 Aakash Exploration IPOPower Instrumentation Gujarat IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹56.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size17,10,000 shares17,68,000 shares
Fresh Issue Size (Amount)up to ₹9.58 Crup to ₹5.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,10,000 shares17,68,000 shares
Issue Size Total (Amount)up to ₹9.58 Crup to ₹5.83 Cr

IPO Timetable

Aakash Exploration IPO opens on Apr 17, 2018, while Power Instrumentation Gujarat IPO opens on Apr 11, 2018. The closing date of Aakash Exploration IPO and Power Instrumentation Gujarat IPO is Apr 19, 2018, and Apr 13, 2018, respectively.

 Aakash Exploration IPOPower Instrumentation Gujarat IPO
Anchor Bid Date
Issue OpenApr 17, 2018Apr 11, 2018
Issue CloseApr 19, 2018Apr 13, 2018
Basis Of Allotment (Tentative)Apr 24, 2018
Initiation of Refunds (Tentative)Apr 25, 2018
Credit of Share (Tentative)Apr 26, 2018
Listing date (Tentative)Apr 27, 2018Apr 23, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Aakash Exploration IPO P/E ratio is , as compared to Power Instrumentation Gujarat IPO P/E ratio of .

 Aakash Exploration IPOPower Instrumentation Gujarat IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,382.38 3,131.06 2,549.24 1,393.22 1,056.70
Total Revenue 3,380.30 2,563.31 2,345.20 1,389.54 944.65
Profit After Tax 110.02 44.32 101.44 49.38 14.40
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,056.00 4,260.62 3,122.52 2,851.59 2,444.62
Total Revenue 6,072.79 5,166.19 4,546.73 3,633.03 3,270.25
Profit After Tax 156.66 122.39 107.17 94.89 87.80
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Aakash Exploration IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in Power Instrumentation Gujarat IPO retail investors are offered 8,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Aakash Exploration IPO and in Power Instrumentation Gujarat IPO.

 Aakash Exploration IPOPower Instrumentation Gujarat IPO
Anchor Investor Reserveration
Market Maker Reserveration90,000 shares96,000 shares
QIB
NII8,55,000 shares8,84,000 shares
RII8,55,000 shares8,84,000 shares
Employee
Others
Total17,10,000 shares17,68,000 shares

Bids Received (Subscription)

Aakash Exploration IPO subscribed 1.48x in total, whereas Power Instrumentation Gujarat IPO subscribed 10.26x.

 Aakash Exploration IPOPower Instrumentation Gujarat IPO
QIB (times)
NII (times)1.59x8.61x
Big NII (times)
Small NII (times)
RII (times)1.38x11.90x
Employee (times)
Other (times)
Total (times)1.48x10.26x