Comparison between Aeron Composite IPO and Resourceful Automobile IPO.
Aeron Composite IPO is a SME Fixed Price IPO proposed to list at NSE SME while Resourceful Automobile IPO is a SME Fixed Price proposed to list at BSE SME.
| Aeron Composite IPO | Resourceful Automobile IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Swastika Investmart Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Resourceful Automobile IPO is up to ₹11.39 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Resourceful Automobile IPO is ₹117.00 per share.
| Aeron Composite IPO | Resourceful Automobile IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹125.00 per share | |
| Issue Price (Final) | ₹125.00 per share | ₹117.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 42,60,000 shares | 9,73,200 shares |
| Fresh Issue Size (Amount) | up to ₹53.25 Cr | up to ₹11.39 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 | 42,60,000 shares | 9,73,200 shares |
| Issue Size Total (Amount) | up to ₹53.25 Cr | up to ₹11.39 Cr |
Aeron Composite IPO opens on Aug 28, 2024, while Resourceful Automobile IPO opens on Aug 22, 2024. The closing date of Aeron Composite IPO and Resourceful Automobile IPO is Aug 30, 2024, and Aug 26, 2024, respectively.
| Aeron Composite IPO | Resourceful Automobile IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | |
| Issue Open | Aug 28, 2024 | Aug 22, 2024 |
| Issue Close | Aug 30, 2024 | Aug 26, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Aug 27, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Aug 28, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Aug 28, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Aug 29, 2024 |
| Anchor Lockin End date 1 | Oct 02, 2024 | |
| Anchor Lockin End date 2 | Dec 01, 2024 |
Aeron Composite IPO P/E ratio is 23.69, as compared to Resourceful Automobile IPO P/E ratio of 45.99.
| Aeron Composite IPO | Resourceful Automobile IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aeron Composite Limited Financial Information (Restated)
| Resourceful Automobile Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 61.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.69 | 45.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹212.75 Cr. | ₹31.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.33 | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.67 | 31.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.28 | ₹2.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.09 | 0.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Resourceful Automobile IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and in Resourceful Automobile IPO.
| Aeron Composite IPO | Resourceful Automobile IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,14,000 shares | |
| Market Maker Reserveration | 2,28,000 shares | 51,600 shares |
| QIB | 8,10,000 shares | |
| NII | 6,08,000 shares | 4,75,200 shares |
| RII | 14,18,000 shares | 4,98,000 shares |
| Employee | 2,10,000 shares | |
| Others | ||
| Total | 42,60,000 shares | 9,73,200 shares |
Aeron Composite IPO subscribed 41.07x in total, whereas Resourceful Automobile IPO subscribed 418.82x.
| Aeron Composite IPO | Resourceful Automobile IPO | |
|---|---|---|
| QIB (times) | 27.82x | |
| NII (times) | 75.53x | 315.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.77x | 496.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 418.82x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
