Comparison between Australian Premium Solar IPO and Qualitek Labs IPO.
Australian Premium Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Qualitek Labs IPO is a SME Fixed Price proposed to list at BSE SME.
| Australian Premium Solar IPO | Qualitek Labs IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Australian Premium Solar IPO is up to ₹26.68 Cr whereas the issue size of the Qualitek Labs IPO is up to ₹18.65 Cr. The final issue price of Australian Premium Solar IPO is ₹54.00 per share and of Qualitek Labs IPO is ₹100.00 per share.
| Australian Premium Solar IPO | Qualitek Labs IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹54.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 49,40,000 shares | 18,64,800 shares |
| Fresh Issue Size (Amount) | up to ₹26.68 Cr | up to ₹18.65 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 | 49,40,000 shares | 18,64,800 shares |
| Issue Size Total (Amount) | up to ₹26.68 Cr | up to ₹18.65 Cr |
Australian Premium Solar IPO opens on Jan 11, 2024, while Qualitek Labs IPO opens on Jan 18, 2024. The closing date of Australian Premium Solar IPO and Qualitek Labs IPO is Jan 15, 2024, and Jan 23, 2024, respectively.
| Australian Premium Solar IPO | Qualitek Labs IPO | |
|---|---|---|
| Anchor Bid Date | Jan 10, 2024 | |
| Issue Open | Jan 11, 2024 | Jan 18, 2024 |
| Issue Close | Jan 15, 2024 | Jan 23, 2024 |
| Basis Of Allotment (Tentative) | Jan 16, 2024 | Jan 24, 2024 |
| Initiation of Refunds (Tentative) | Jan 17, 2024 | Jan 25, 2024 |
| Credit of Share (Tentative) | Jan 17, 2024 | Jan 25, 2024 |
| Listing date (Tentative) | Jan 18, 2024 | Jan 29, 2024 |
| Anchor Lockin End date 1 | Feb 15, 2024 | |
| Anchor Lockin End date 2 | Apr 15, 2024 |
Australian Premium Solar IPO P/E ratio is 23.58, as compared to Qualitek Labs IPO P/E ratio of 18.21.
| Australian Premium Solar IPO | Qualitek Labs IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Australian Premium Solar (India) Limited Financial Information (Restated)Australian Premium Solar (India) Limited's revenue decreased by -3.43% and profit after tax (PAT) rose by 23.27% between the financial year ending with March 31, 2023 and March 31, 2022.
| Qualitek Labs Limited Financial Information (Restated Standalone)Qualitek Labs Limited's revenue increased by 61.03% and profit after tax (PAT) rose by 161.43% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 99.98 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.64 | 73.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.58 | 18.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹106.60 Cr. | ₹73.72 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.05% | 50.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.62% | 13.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.29 | ₹5.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.05% | 30.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Australian Premium Solar IPO Retail Individual Investors (RII) are offered 17,30,000 shares while in Qualitek Labs IPO retail investors are offered 17,30,000 shares. Qualified Institutional Buyers (QIB) are offered 9,88,000 shares in Australian Premium Solar IPO and in Qualitek Labs IPO.
| Australian Premium Solar IPO | Qualitek Labs IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,80,000 shares | |
| Market Maker Reserveration | 2,60,000 shares | 99,600 shares |
| QIB | 9,88,000 shares | |
| NII | 7,42,000 shares | 9,32,400 shares |
| RII | 17,30,000 shares | 9,32,400 shares |
| Employee | ||
| Others | ||
| Total | 49,40,000 shares | 18,64,800 shares |
Australian Premium Solar IPO subscribed 464.19x in total, whereas Qualitek Labs IPO subscribed 58.95x.
| Australian Premium Solar IPO | Qualitek Labs IPO | |
|---|---|---|
| QIB (times) | 107.02x | |
| NII (times) | 772.87x | 69.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 535.77x | 39.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 464.19x | 58.95x |
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