Comparison between Aakash Exploration IPO and Power Instrumentation Gujarat IPO.
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 IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Monarch Networth Capital Ltd. | Navigant Corporate Advisors Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Khambatta Securities 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 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 IPO | Power 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 Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 17,10,000 shares | 17,68,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.58 Cr | up to ₹5.83 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 | 17,10,000 shares | 17,68,000 shares |
| Issue Size Total (Amount) | up to ₹9.58 Cr | up to ₹5.83 Cr |
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 IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 17, 2018 | Apr 11, 2018 |
| Issue Close | Apr 19, 2018 | Apr 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, 2018 | Apr 23, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aakash Exploration IPO P/E ratio is , as compared to Power Instrumentation Gujarat IPO P/E ratio of .
| Aakash Exploration IPO | Power Instrumentation Gujarat IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹37.80 Cr. | ₹23.24 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 96,000 shares |
| QIB | ||
| NII | 8,55,000 shares | 8,84,000 shares |
| RII | 8,55,000 shares | 8,84,000 shares |
| Employee | ||
| Others | ||
| Total | 17,10,000 shares | 17,68,000 shares |
Aakash Exploration IPO subscribed 1.48x in total, whereas Power Instrumentation Gujarat IPO subscribed 10.26x.
| Aakash Exploration IPO | Power Instrumentation Gujarat IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.59x | 8.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.38x | 11.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.48x | 10.26x |
