Comparison between Aether Industries IPO and Prudent Corporate Advisory IPO.
Aether Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prudent Corporate Advisory IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aether Industries IPO is up to ₹808.04 Cr whereas the issue size of the Prudent Corporate Advisory IPO is up to ₹428.28 Cr. The final issue price of Aether Industries IPO is ₹642.00 per share and of Prudent Corporate Advisory IPO is ₹630.00 per share.
| Aether Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹610.00 per share | ₹595.00 per share |
| Issue Price (Upper) | ₹642.00 per share | ₹630.00 per share |
| Issue Price (Final) | ₹642.00 per share | ₹630.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹59.00 per share |
| Market Lot Size | 23 shares | 23 shares |
| Fresh Issue Size | 97,66,355 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹627.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 28,20,000 shares | 68,08,820 shares |
| OFS Issue Size (Amount) | up to ₹181.04 Cr | up to ₹428.28 Cr |
| Issue Size Total | 1,25,86,355 shares | 68,08,820 shares |
| Issue Size Total (Amount) | up to ₹808.04 Cr | up to ₹428.28 Cr |
Aether Industries IPO opens on May 24, 2022, while Prudent Corporate Advisory IPO opens on May 10, 2022. The closing date of Aether Industries IPO and Prudent Corporate Advisory IPO is May 26, 2022, and May 12, 2022, respectively.
| Aether Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Anchor Bid Date | May 23, 2022 | May 09, 2022 |
| Issue Open | May 24, 2022 | May 10, 2022 |
| Issue Close | May 26, 2022 | May 12, 2022 |
| Basis Of Allotment (Tentative) | May 31, 2022 | May 18, 2022 |
| Initiation of Refunds (Tentative) | Jun 01, 2022 | May 19, 2022 |
| Credit of Share (Tentative) | Jun 02, 2022 | May 20, 2022 |
| Listing date (Tentative) | Jun 03, 2022 | May 20, 2022 |
| Anchor Lockin End date 1 | Jun 30, 2022 | Jun 17, 2022 |
| Anchor Lockin End date 2 | Aug 29, 2022 | Aug 16, 2022 |
Aether Industries IPO P/E ratio is 72.3, as compared to Prudent Corporate Advisory IPO P/E ratio of 33.94.
| Aether Industries IPO | Prudent Corporate Advisory IPO | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| |||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.96 | 56.78 | |||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 87.09 | 56.78 | |||||||||||||||||||||||||||
| P/E Ratio | 72.3 | 33.94 | |||||||||||||||||||||||||||
| Market Cap | ₹7991.79 Cr. | ₹2608.62 Cr. | |||||||||||||||||||||||||||
| ROE | 40.79 | ||||||||||||||||||||||||||||
| ROCE | 28.5 | 28.73 | |||||||||||||||||||||||||||
| Debt/Equity | 1.19 | ||||||||||||||||||||||||||||
| EPS | ₹7.36 | ₹10.96 | |||||||||||||||||||||||||||
| RoNW | 40.79 | 28.73 | |||||||||||||||||||||||||||
In the Aether Industries IPO Retail Individual Investors (RII) are offered 43,66,245 shares while in Prudent Corporate Advisory IPO retail investors are offered 43,66,245 shares. Qualified Institutional Buyers (QIB) are offered 24,94,997 shares in Aether Industries IPO and 16,87,101 shares in Prudent Corporate Advisory IPO.
| Aether Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,42,495 shares | 25,30,651 shares |
| Market Maker Reservation | ||
| QIB | 24,94,997 shares | 16,87,101 shares |
| NII | 18,71,248 shares | 12,65,326 shares |
| RII | 43,66,245 shares | 29,52,427 shares |
| Employee | 1,11,370 shares | 1,13,835 shares |
| Others | ||
| Total | 1,25,86,355 shares | 85,49,340 shares |
Aether Industries IPO subscribed 6.26x in total, whereas Prudent Corporate Advisory IPO subscribed 1.22x.
| Aether Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| QIB (times) | 17.57x | 1.26x |
| NII (times) | 2.52x | 0.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.14x | 1.29x |
| Employee (times) | 1.06x | 1.23x |
| Other (times) | ||
| Total (times) | 6.26x | 1.22x |
