AKM Lace IPO vs R M Drip IPO

Comparison between AKM Lace IPO and R M Drip IPO.

IPO Details

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.

Issue Size and Price

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 IPOR 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
Discount (Employee)
Market Lot Size6000 shares2000 shares
Fresh Issue Size18,00,000 shares19,00,000 shares
Fresh Issue Size (Amount)up to ₹4.50 Crup to ₹10.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,00,000 shares19,00,000 shares
Issue Size Total (Amount)up to ₹4.50 Crup to ₹10.83 Cr

IPO Timetable

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.

Financials & KPIs

AKM Lace IPO P/E ratio is , as compared to R M Drip IPO P/E ratio of .

 AKM Lace IPOR M Drip IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap₹7.53 Cr.₹38.13 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 in AKM Lace IPO and in R M Drip IPO.

 AKM Lace IPOR M Drip IPO
Anchor Investor Reservation
Market Maker Reservation1,02,000 shares1,10,000 shares
QIB
NII9,00,000 shares9,50,000 shares
RII9,00,000 shares9,50,000 shares
Employee
Others
Total18,00,000 shares19,00,000 shares

Bids Received (Subscription)

AKM Lace IPO subscribed 1.21x in total, whereas R M Drip IPO subscribed 1.27x.

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AKM Lace IPO Vs R M Drip IPO