Comparison between Airan IPO and Prime Customer IPO.
Airan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Prime Customer IPO is a SME Fixed Price proposed to list at BSE SME.
| Airan IPO | Prime Customer IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swastika Investmart Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Beeline Broking Ltd. | Aryaman Capital Markets 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 Airan IPO is up to ₹14.09 Cr whereas the issue size of the Prime Customer IPO is up to ₹6.91 Cr. The final issue price of Airan IPO is ₹45.00 per share and of Prime Customer IPO is ₹60.00 per share.
| Airan IPO | Prime Customer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 31,32,000 shares | 3,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹2.33 Cr |
| OFS Issue Size | 0 shares | 7,64,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.58 Cr |
| Issue Size Total | 31,32,000 shares | 11,52,000 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹6.91 Cr |
Airan IPO opens on Mar 14, 2017, while Prime Customer IPO opens on Mar 20, 2017. The closing date of Airan IPO and Prime Customer IPO is Mar 16, 2017, and Mar 23, 2017, respectively.
| Airan IPO | Prime Customer IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 14, 2017 | Mar 20, 2017 |
| Issue Close | Mar 16, 2017 | Mar 23, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 24, 2017 | Mar 31, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Airan IPO P/E ratio is , as compared to Prime Customer IPO P/E ratio of .
| Airan IPO | Prime Customer IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹56.26 Cr. | ₹20.96 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Prime Customer IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered in Airan IPO and in Prime Customer IPO.
| Airan IPO | Prime Customer IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,68,000 shares | 62,000 shares |
| QIB | ||
| NII | 15,66,000 shares | 5,76,000 shares |
| RII | 15,66,000 shares | 5,76,000 shares |
| Employee | ||
| Others | ||
| Total | 31,32,000 shares | 11,52,000 shares |
Airan IPO subscribed 29.60x in total, whereas Prime Customer IPO subscribed 1.37x.
| Airan IPO | Prime Customer IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 21.88x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 37.32x | 0.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 29.60x | 1.37x |
