Comparison between AKM Lace IPO and R M Drip IPO.
AKM Lace IPO is a SME Bookbuilding IPO proposed to list at BSE SME while R M Drip IPO is a SME Bookbuilding proposed to list at NSE SME.
| AKM Lace IPO | R M Drip IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AKM Lace IPO is up to ₹4.50 Cr whereas the issue size of the R M Drip IPO is up to ₹10.83 Cr. The final issue price of AKM Lace IPO is ₹25.00 per share and of R M Drip IPO is ₹57.00 per share.
| AKM Lace IPO | R M Drip IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | |
| Issue Price (Upper) | ₹57.00 per share | |
| Issue Price (Final) | ₹25.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 18,00,000 shares | 19,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.50 Cr | up to ₹10.83 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 | 18,00,000 shares | 19,00,000 shares |
| Issue Size Total (Amount) | up to ₹4.50 Cr | up to ₹10.83 Cr |
AKM Lace IPO opens on Sep 20, 2017, while R M Drip IPO opens on Sep 19, 2017. The closing date of AKM Lace IPO and R M Drip IPO is Sep 22, 2017, and Sep 25, 2017, respectively.
| AKM Lace IPO | R M Drip IPO | |
|---|---|---|
| Issue Open | Sep 20, 2017 | Sep 19, 2017 |
| Issue Close | Sep 22, 2017 | Sep 25, 2017 |
| Basis Of Allotment (Tentative) | Sep 27, 2017 | Sep 28, 2017 |
| Listing date (Tentative) | Sep 29, 2017 | Oct 04, 2017 |
AKM Lace IPO P/E ratio is , as compared to R M Drip IPO P/E ratio of .
| AKM Lace IPO | R M Drip IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.39% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.31% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7.53 Cr. | ₹38.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AKM Lace IPO Retail Individual Investors (RII) are offered 9,00,000 shares while in R M Drip IPO retail investors are offered 9,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKM Lace IPO and in R M Drip IPO.
| AKM Lace IPO | R M Drip IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,02,000 shares | 1,10,000 shares |
| QIB | 0 shares | |
| NII | 9,00,000 shares | 9,50,000 shares |
| RII | 9,00,000 shares | 9,50,000 shares |
| Employee | 0 shares | |
| Total | 18,00,000 shares | 19,00,000 shares |
AKM Lace IPO subscribed 1.21x in total, whereas R M Drip IPO subscribed 1.27x.
| AKM Lace IPO | R M Drip IPO | |
|---|---|---|
| NII (times) | 1.51x | 1.53x |
| RII (times) | 0.91x | 1.00x |
| Total (times) | 1.21x | 1.27x |
