Comparison between Aristo Bio-Tech IPO and Rex Sealing IPO.
IPO Details
Aristo Bio-Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rex Sealing IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Aristo Bio-Tech IPO is up to ₹12.40 Cr whereas the issue size of the Rex Sealing IPO is up to ₹7.64 Cr. The final issue price of Aristo Bio-Tech IPO is ₹72.00 per share and of Rex Sealing IPO is ₹135.00 per share.
| | Aristo Bio-Tech IPO | Rex Sealing IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹72.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 17,21,600 shares | 2,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.40 Cr | up to ₹3.60 Cr |
| OFS Issue Size | 0 shares | 2,99,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.04 Cr |
| Issue Size Total | 17,21,600 shares | 5,66,000 shares |
| Issue Size Total (Amount) | up to ₹12.40 Cr | up to ₹7.64 Cr |
IPO Timetable
Aristo Bio-Tech IPO opens on Jan 16, 2023, while Rex Sealing IPO opens on Dec 30, 2022. The closing date of Aristo Bio-Tech IPO and Rex Sealing IPO is Jan 19, 2023, and Jan 04, 2023, respectively.
| | Aristo Bio-Tech IPO | Rex Sealing IPO |
|---|
| Issue Open | Jan 16, 2023 | Dec 30, 2022 |
| Issue Close | Jan 19, 2023 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Jan 24, 2023 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Jan 25, 2023 | Jan 10, 2023 |
| Credit of Share (Tentative) | Jan 27, 2023 | Jan 11, 2023 |
| Listing date (Tentative) | Jan 30, 2023 | Jan 12, 2023 |
Financials & KPIs
Aristo Bio-Tech IPO P/E ratio is 9.46, as compared to Rex Sealing IPO P/E ratio of 19.62.
Shares Offered
In the Aristo Bio-Tech IPO Retail Individual Investors (RII) are offered 8,60,800 shares while in Rex Sealing IPO retail investors are offered 8,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Aristo Bio-Tech IPO and 0 shares in Rex Sealing IPO.
| | Aristo Bio-Tech IPO | Rex Sealing IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 91,200 shares | 33,000 shares |
| QIB | | 0 shares |
| NII | 8,60,800 shares | 2,83,000 shares |
| RII | 8,60,800 shares | 2,83,000 shares |
| Employee | | 0 shares |
| Total | 17,21,600 shares | 5,66,000 shares |
Bids Received (Subscription)
Aristo Bio-Tech IPO subscribed 217.72x in total, whereas Rex Sealing IPO subscribed 2.65x.
