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Airan IPO vs Prime Customer IPO

Comparison between Airan IPO and Prime Customer IPO.

IPO Details

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 IPOPrime Customer IPO
LogoAiran IPO LogoPrime Customer IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Aryaman Financial Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerBeeline Broking Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOPrime Customer IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹45.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size31,32,000 shares3,88,000 shares
Fresh Issue Size (Amount)up to ₹14.09 Crup to ₹2.33 Cr
OFS Issue Size0 shares7,64,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.58 Cr
Issue Size Total31,32,000 shares11,52,000 shares
Issue Size Total (Amount)up to ₹14.09 Crup to ₹6.91 Cr

IPO Timetable

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 IPOPrime Customer IPO
Issue OpenMar 14, 2017Mar 20, 2017
Issue CloseMar 16, 2017Mar 23, 2017
Basis Of Allotment (Tentative)Mar 21, 2017Mar 28, 2017
Listing date (Tentative)Mar 24, 2017Mar 31, 2017

Financials & KPIs

Airan IPO P/E ratio is , as compared to Prime Customer IPO P/E ratio of .

 Airan IPOPrime Customer IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Oct 201631 Mar 201631 Mar 201531 Mar 2014
Assets37.1730.5329.8022.87
Total Income17.4126.8819.5814.57
Profit After Tax1.291.450.810.86
NET Worth20.1518.8617.4116.72
Reserves and Surplus15.5514.2612.8112.12
Total Borrowing13.478.439.913.90
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201631 Mar 201631 Mar 201531 Mar 2014
Assets7.607.076.115.64
Total Income13.9221.0519.6217.48
Profit After Tax0.250.270.080.10
EBITDA0.591.030.720.62
NET Worth3.963.712.471.94
Reserves and Surplus0.922.191.551.39
Total Borrowing2.582.052.061.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%91.93%
Promoter Shareholding (Post-Issue)73.60%58.21%
Market Cap₹56.26 Cr.₹20.96 Cr.

Shares Offered

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 0 shares in Airan IPO and 0 shares in Prime Customer IPO.

 Airan IPOPrime Customer IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,68,000 shares62,000 shares
QIB0 shares0 shares
NII15,66,000 shares5,76,000 shares
RII15,66,000 shares5,76,000 shares
Employee0 shares0 shares
Total31,32,000 shares11,52,000 shares

Bids Received (Subscription)

Airan IPO subscribed 29.60x in total, whereas Prime Customer IPO subscribed 1.37x.

 Airan IPOPrime Customer IPO
NII (times)21.88x0.00x
RII (times)37.32x0.00x
Total (times)29.60x1.37x

Compare with others

Airan IPOPrime Customer IPO
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Chemcrux Enterprises IPOManas Properties IPO
Manomay Tex IPORelstruct Buildcon IPO
Sarthak Metals IPOMaximus International IPO
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Akash Infra-Projects IPOAiran IPO

Compare:

Airan IPO Vs Prime Customer IPO