Aeroflex Industries IPO vs Pyramid Technoplast IPO

Comparison between Aeroflex Industries IPO and Pyramid Technoplast IPO.

IPO Details

Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pyramid Technoplast IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the Pyramid Technoplast IPO is up to ₹153.05 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Pyramid Technoplast IPO is ₹166.00 per share.

 Aeroflex Industries IPOPyramid Technoplast IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹151.00 per share
Issue Price (Upper)₹108.00 per share₹166.00 per share
Issue Price (Final)₹108.00 per share₹166.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size130 shares90 shares
Fresh Issue Size1,50,00,000 shares55,00,000 shares
Fresh Issue Size (Amount)up to ₹162.00 Crup to ₹91.30 Cr
OFS Issue Size1,75,00,000 shares37,20,000 shares
OFS Issue Size (Amount)up to ₹189.00 Crup to ₹61.75 Cr
Issue Size Total3,25,00,000 shares92,20,000 shares
Issue Size Total (Amount)up to ₹351.00 Crup to ₹153.05 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Pyramid Technoplast IPO opens on Aug 18, 2023. The closing date of Aeroflex Industries IPO and Pyramid Technoplast IPO is Aug 24, 2023, and Aug 22, 2023, respectively.

 Aeroflex Industries IPOPyramid Technoplast IPO
Anchor Bid DateAug 21, 2023Aug 17, 2023
Issue OpenAug 22, 2023Aug 18, 2023
Issue CloseAug 24, 2023Aug 22, 2023
Basis Of Allotment (Tentative)Aug 29, 2023Aug 25, 2023
Initiation of Refunds (Tentative)Aug 30, 2023Aug 28, 2023
Credit of Share (Tentative)Aug 31, 2023Aug 29, 2023
Listing date (Tentative)Aug 31, 2023Aug 29, 2023
Anchor Lockin End date 1Sep 28, 2023Sep 24, 2023
Anchor Lockin End date 2Nov 27, 2023Nov 23, 2023

Financials & KPIs

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Pyramid Technoplast IPO P/E ratio of 16.21.

 Aeroflex Industries IPOPyramid Technoplast IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets213.98183.44161.64157.19
Total Income269.48240.99144.84144.94
Profit After Tax30.1527.516.014.69
NET Worth114.0986.2258.7252.70
Total Borrowing45.0139.1353.0763.46
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets225.78183.76153.46
Total Income482.03402.64316.18
Profit After Tax31.7626.1516.99
NET Worth107.2575.2048.85
Reserves and Surplus75.9771.2944.94
Total Borrowing55.3464.7751.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.09100.00
Promoter Shareholding (Post-Issue)66.9974.94
P/E Ratio40.9116.21
Market Cap₹1396.66 Cr.₹611.00 Cr.
ROE26.43%29.61%
ROCE31.96%21.37%
Debt/Equity0.39
EPS₹2.64₹10.24
RoNW26.43%29.61%

Shares Offered

In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in Pyramid Technoplast IPO retail investors are offered 1,12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 64,00,020 shares in Aeroflex Industries IPO and 11,06,400 shares in Pyramid Technoplast IPO.

 Aeroflex Industries IPOPyramid Technoplast IPO
Anchor Investor Reservation95,99,980 shares16,59,600 shares
Market Maker Reservation0 shares
QIB64,00,020 shares11,06,400 shares
NII48,00,000 shares18,44,000 shares
RII1,12,00,000 shares46,10,000 shares
Employee0 shares
Others
Total3,25,00,000 shares92,20,000 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Pyramid Technoplast IPO subscribed 18.29x.

 Aeroflex Industries IPOPyramid Technoplast IPO
QIB (times)194.73x9.94x
NII (times)126.13x32.24x
Big NII (times)125.80x33.81x
Small NII (times)126.80x29.09x
RII (times)34.41x14.72x
Employee (times)
Other (times)28.52x
Total (times)97.11x18.29x

Compare with others

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Aeroflex Industries IPO Vs Pyramid Technoplast IPO