AKG Exim IPO vs Ranjeet Mechatronics IPO

Comparison between AKG Exim IPO and Ranjeet Mechatronics IPO.

IPO Details

AKG Exim IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ranjeet Mechatronics IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AKG Exim IPO is up to ₹5.23 Cr whereas the issue size of the Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of AKG Exim IPO is ₹31.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.

 AKG Exim IPORanjeet Mechatronics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹31.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares6000 shares
Fresh Issue Size16,88,000 shares17,04,000 shares
Fresh Issue Size (Amount)up to ₹5.23 Crup to ₹4.26 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,88,000 shares17,04,000 shares
Issue Size Total (Amount)up to ₹5.23 Crup to ₹4.26 Cr

IPO Timetable

AKG Exim IPO opens on Sep 10, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of AKG Exim IPO and Ranjeet Mechatronics IPO is Sep 14, 2018, and Sep 17, 2018, respectively.

Financials & KPIs

AKG Exim IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .

 AKG Exim IPORanjeet Mechatronics IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets52.4160.5856.50
Total Income112.35105.5598.59
Profit After Tax1.020.490.41
NET Worth12.0711.1110.60
Reserves and Surplus7.238.698.20
Total Borrowing26.3436.7033.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets22.4220.8418.06
Total Income18.0417.6425.29
Profit After Tax0.910.510.16
NET Worth2.591.671.16
Reserves and Surplus2.041.120.61
Total Borrowing12.1610.097.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.25%85.22%
Promoter Shareholding (Post-Issue)69.64%61.98%
Market Cap₹20.52 Cr.₹16.50 Cr.

Shares Offered

In the AKG Exim IPO Retail Individual Investors (RII) are offered 8,44,000 shares while in Ranjeet Mechatronics IPO retail investors are offered 8,44,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKG Exim IPO and 0 shares in Ranjeet Mechatronics IPO.

 AKG Exim IPORanjeet Mechatronics IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation92,000 shares96,000 shares
QIB0 shares0 shares
NII8,44,000 shares8,52,000 shares
RII8,44,000 shares8,52,000 shares
Employee0 shares0 shares
Total16,88,000 shares17,04,000 shares

Bids Received (Subscription)

AKG Exim IPO subscribed 1.18x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.

 AKG Exim IPORanjeet Mechatronics IPO
NII (times)1.99x77.48x
RII (times)0.37x62.03x
Total (times)1.18x69.75x

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