Aether Industries IPO vs Rainbow Children's Medicare IPO

Comparison between Aether Industries IPO and Rainbow Children's Medicare IPO.

IPO Details

Aether Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rainbow Children's Medicare IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aether Industries IPO is up to ₹808.04 Cr whereas the issue size of the Rainbow Children's Medicare IPO is up to ₹1,580.85 Cr. The final issue price of Aether Industries IPO is ₹642.00 per share and of Rainbow Children's Medicare IPO is ₹542.00 per share.

 Aether Industries IPORainbow Children's Medicare IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹610.00 per share₹516.00 per share
Issue Price (Upper)₹642.00 per share₹542.00 per share
Issue Price (Final)₹642.00 per share₹542.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹20.00 per share
Market Lot Size23 shares27 shares
Fresh Issue Size97,66,355 shares51,67,679 shares
Fresh Issue Size (Amount)up to ₹627.00 Crup to ₹280.07 Cr
OFS Issue Size28,20,000 shares2,40,00,900 shares
OFS Issue Size (Amount)up to ₹181.04 Crup to ₹1,300.78 Cr
Issue Size Total1,25,86,355 shares2,91,68,579 shares
Issue Size Total (Amount)up to ₹808.04 Crup to ₹1,580.85 Cr

IPO Timetable

Aether Industries IPO opens on May 24, 2022, while Rainbow Children's Medicare IPO opens on Apr 27, 2022. The closing date of Aether Industries IPO and Rainbow Children's Medicare IPO is May 26, 2022, and Apr 29, 2022, respectively.

 Aether Industries IPORainbow Children's Medicare IPO
Anchor Bid DateMay 23, 2022Apr 26, 2022
Issue OpenMay 24, 2022Apr 27, 2022
Issue CloseMay 26, 2022Apr 29, 2022
Basis Of Allotment (Tentative)May 31, 2022May 05, 2022
Initiation of Refunds (Tentative)Jun 01, 2022May 06, 2022
Credit of Share (Tentative)Jun 02, 2022May 09, 2022
Listing date (Tentative)Jun 03, 2022May 10, 2022
Anchor Lockin End date 1Jun 30, 2022Jun 04, 2022
Anchor Lockin End date 2Aug 29, 2022Aug 03, 2022

Financials & KPIs

Aether Industries IPO P/E ratio is 72.3, as compared to Rainbow Children's Medicare IPO P/E ratio of 43.53.

 Aether Industries IPORainbow Children's Medicare IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202131 Mar 202131 Mar 202031 Mar 2019
Assets709.56452.94300.47206.68
Total Income449.32453.79303.78203.28
Profit After Tax82.9071.1239.9623.34
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.9662.19
Promoter Shareholding (Post-Issue)87.0949.83
P/E Ratio72.343.53
Market Cap₹7991.79 Cr.₹5501.30 Cr.
ROE40.798.82
ROCE28.510.48
Debt/Equity1.190.11
EPS₹7.36₹4.36
RoNW40.798.88

Shares Offered

In the Aether Industries IPO Retail Individual Investors (RII) are offered 43,66,245 shares while in Rainbow Children's Medicare IPO retail investors are offered 43,66,245 shares. Qualified Institutional Buyers (QIB) are offered 24,94,997 shares in Aether Industries IPO and 57,75,605 shares in Rainbow Children's Medicare IPO.

 Aether Industries IPORainbow Children's Medicare IPO
Anchor Investor Reservation37,42,495 shares86,63,404 shares
Market Maker Reservation
QIB24,94,997 shares57,75,605 shares
NII18,71,248 shares43,31,704 shares
RII43,66,245 shares1,01,07,308 shares
Employee1,11,370 shares3,00,000 shares
Others
Total1,25,86,355 shares2,91,78,021 shares

Bids Received (Subscription)

Aether Industries IPO subscribed 6.26x in total, whereas Rainbow Children's Medicare IPO subscribed 12.43x.

 Aether Industries IPORainbow Children's Medicare IPO
QIB (times)17.57x38.90x
NII (times)2.52x3.73x
Big NII (times)
Small NII (times)
RII (times)1.14x1.38x
Employee (times)1.06x0.31x
Other (times)
Total (times)6.26x12.43x

Compare with others

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Aether Industries IPO Vs Rainbow Children's Medicare IPO