Comparison between Aeroflex Industries IPO and Ratnaveer Precision Engineering IPO.
Aeroflex Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.
| Aeroflex Industries IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹102.00 per share | ₹93.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹98.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹98.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 130 shares | 150 shares |
| Fresh Issue Size | 1,50,00,000 shares | 1,38,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹162.00 Cr | up to ₹135.24 Cr |
| OFS Issue Size | 1,75,00,000 shares | 30,40,000 shares |
| OFS Issue Size (Amount) | up to ₹189.00 Cr | up to ₹29.79 Cr |
| Issue Size Total | 3,25,00,000 shares | 1,68,40,000 shares |
| Issue Size Total (Amount) | up to ₹351.00 Cr | up to ₹165.03 Cr |
Aeroflex Industries IPO opens on Aug 22, 2023, while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of Aeroflex Industries IPO and Ratnaveer Precision Engineering IPO is Aug 24, 2023, and Sep 06, 2023, respectively.
| Aeroflex Industries IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Aug 21, 2023 | Sep 01, 2023 |
| Issue Open | Aug 22, 2023 | Sep 04, 2023 |
| Issue Close | Aug 24, 2023 | Sep 06, 2023 |
| Basis Of Allotment (Tentative) | Aug 29, 2023 | Sep 07, 2023 |
| Initiation of Refunds (Tentative) | Aug 30, 2023 | Sep 08, 2023 |
| Credit of Share (Tentative) | Aug 31, 2023 | Sep 08, 2023 |
| Listing date (Tentative) | Aug 31, 2023 | Sep 11, 2023 |
| Anchor Lockin End date 1 | Sep 28, 2023 | Oct 07, 2023 |
| Anchor Lockin End date 2 | Nov 27, 2023 | Dec 06, 2023 |
Aeroflex Industries IPO P/E ratio is 40.91, as compared to Ratnaveer Precision Engineering IPO P/E ratio of .
| Aeroflex Industries IPO | Ratnaveer Precision Engineering IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.09 | 86.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.99 | 55.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 40.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1396.66 Cr. | ₹475.29 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.43% | 29.12% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.96% | 12.62% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 2.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.64 | ₹7.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.43% | 29.12% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeroflex Industries IPO Retail Individual Investors (RII) are offered 1,12,00,000 shares while in Ratnaveer Precision Engineering IPO retail investors are offered 1,12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 64,00,020 shares in Aeroflex Industries IPO and 33,68,000 shares in Ratnaveer Precision Engineering IPO.
| Aeroflex Industries IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 95,99,980 shares | 50,52,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 64,00,020 shares | 33,68,000 shares |
| NII | 48,00,000 shares | 25,26,000 shares |
| RII | 1,12,00,000 shares | 58,94,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 3,25,00,000 shares | 1,68,40,000 shares |
Aeroflex Industries IPO subscribed 97.11x in total, whereas Ratnaveer Precision Engineering IPO subscribed 93.99x.
| Aeroflex Industries IPO | Ratnaveer Precision Engineering IPO | |
|---|---|---|
| QIB (times) | 194.73x | 133.05x |
| NII (times) | 126.13x | 135.21x |
| Big NII (times) | 125.80x | 130.63x |
| Small NII (times) | 126.80x | 144.37x |
| RII (times) | 34.41x | 54.00x |
| Employee (times) | ||
| Other (times) | 28.52x | |
| Total (times) | 97.11x | 93.99x |
