Advitiya Trade IPO vs Ridings Consulting Engineers IPO

Comparison between Advitiya Trade IPO and Ridings Consulting Engineers IPO.

IPO Details

Advitiya Trade 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 Advitiya Trade IPO is up to ₹4.08 Cr whereas the issue size of the Ridings Consulting Engineers IPO is up to ₹6.22 Cr. The final issue price of Advitiya Trade IPO is ₹15.00 per share and of Ridings Consulting Engineers IPO is ₹18.00 per share.

 Advitiya Trade IPORidings Consulting Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹15.00 per share₹18.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size8000 shares8000 shares
Fresh Issue Size27,20,000 shares34,56,000 shares
Fresh Issue Size (Amount)up to ₹4.08 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 Total27,20,000 shares34,56,000 shares
Issue Size Total (Amount)up to ₹4.08 Crup to ₹6.22 Cr

IPO Timetable

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

 Advitiya Trade IPORidings Consulting Engineers IPO
Issue OpenMar 14, 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

Advitiya Trade IPO P/E ratio is , as compared to Ridings Consulting Engineers IPO P/E ratio of .

 Advitiya Trade IPORidings Consulting Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Nov 201731 Mar 2017
Assets15.080.98
Total Income19.72
Profit After Tax0.36-0.05
NET Worth6.310.92
Reserves and Surplus0.31-0.05
Total Borrowing0.77
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)100.00%100.00%
Promoter Shareholding (Post-Issue)71.03%70.74%
Market Cap₹14.87 Cr.₹22.39 Cr.

Shares Offered

In the Advitiya Trade IPO Retail Individual Investors (RII) are offered 13,60,000 shares while in Ridings Consulting Engineers IPO retail investors are offered 13,60,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Advitiya Trade IPO and 0 shares in Ridings Consulting Engineers IPO.

 Advitiya Trade IPORidings Consulting Engineers IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,52,000 shares1,84,000 shares
QIB0 shares0 shares
NII13,60,000 shares17,28,000 shares
RII13,60,000 shares17,28,000 shares
Employee0 shares0 shares
Total27,20,000 shares34,56,000 shares

Bids Received (Subscription)

Advitiya Trade IPO subscribed 1.10x in total, whereas Ridings Consulting Engineers IPO subscribed 1.32x.

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Advitiya Trade IPO Vs Ridings Consulting Engineers IPO