Active Clothing IPO vs Ridings Consulting Engineers IPO

Comparison between Active Clothing IPO and Ridings Consulting Engineers IPO.

IPO Details

Active Clothing IPO is a SME Fixed Price IPO proposed to list at BSE SME while Ridings Consulting Engineers IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Active Clothing IPO is up to ₹25.22 Cr whereas the issue size of the Ridings Consulting Engineers IPO is up to ₹6.22 Cr. The final issue price of Active Clothing IPO is ₹65.00 per share and of Ridings Consulting Engineers IPO is ₹18.00 per share.

 Active Clothing IPORidings Consulting Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹65.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares8000 shares
Fresh Issue Size38,80,000 shares34,56,000 shares
Fresh Issue Size (Amount)up to ₹25.22 Crup to ₹6.22 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,80,000 shares34,56,000 shares
Issue Size Total (Amount)up to ₹25.22 Crup to ₹6.22 Cr

IPO Timetable

Active Clothing IPO opens on Mar 12, 2018, while Ridings Consulting Engineers IPO opens on Mar 14, 2018. The closing date of Active Clothing IPO and Ridings Consulting Engineers IPO is Mar 16, 2018, and Mar 16, 2018, respectively.

 Active Clothing IPORidings Consulting Engineers IPO
Issue OpenMar 12, 2018Mar 14, 2018
Issue CloseMar 16, 2018Mar 16, 2018
Basis Of Allotment (Tentative)Mar 21, 2018Mar 21, 2018
Listing date (Tentative)Mar 26, 2018Mar 26, 2018

Financials & KPIs

Active Clothing IPO P/E ratio is , as compared to Ridings Consulting Engineers IPO P/E ratio of .

 Active Clothing IPORidings Consulting Engineers IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets118.95109.9898.3784.88
Total Income99.12120.05112.09110.68
Profit After Tax1.871.861.531.54
NET Worth31.1129.4927.6226.01
Reserves and Surplus30.9229.3127.4325.82
Total Borrowing71.9861.5357.3745.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 201731 Mar 201731 Mar 201631 Mar 2015
Assets24.9623.5922.5219.25
Total Income6.2316.9014.2713.57
Profit After Tax0.451.020.521.07
NET Worth9.758.858.037.01
Reserves and Surplus7.756.856.035.51
Total Borrowing8.056.686.165.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.89%100.00%
Promoter Shareholding (Post-Issue)73.58%70.74%
Market Cap₹100.83 Cr.₹22.39 Cr.

Shares Offered

In the Active Clothing IPO Retail Individual Investors (RII) are offered 19,40,000 shares while in Ridings Consulting Engineers IPO retail investors are offered 19,40,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Active Clothing IPO and 0 shares in Ridings Consulting Engineers IPO.

 Active Clothing IPORidings Consulting Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,06,000 shares1,84,000 shares
QIB0 shares0 shares
NII19,40,000 shares17,28,000 shares
RII19,40,000 shares17,28,000 shares
Employee0 shares0 shares
Total38,80,000 shares34,56,000 shares

Bids Received (Subscription)

Active Clothing IPO subscribed 1.17x in total, whereas Ridings Consulting Engineers IPO subscribed 1.32x.

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Active Clothing IPO Vs Ridings Consulting Engineers IPO