Axita Cotton IPO vs Roni Households IPO

Comparison between Axita Cotton IPO and Roni Households IPO.

IPO Details

Axita Cotton IPO is a SME Fixed Price IPO proposed to list at BSE SME while Roni Households IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Axita Cotton IPO is up to ₹9.96 Cr whereas the issue size of the Roni Households IPO is up to ₹2.83 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Roni Households IPO is ₹20.00 per share.

 Axita Cotton IPORoni Households IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size16,60,000 shares14,16,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹2.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,60,000 shares14,16,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹2.83 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while Roni Households IPO opens on Nov 19, 2018. The closing date of Axita Cotton IPO and Roni Households IPO is Jan 02, 2019, and Nov 22, 2018, respectively.

 Axita Cotton IPORoni Households IPO
Issue OpenDec 27, 2018Nov 19, 2018
Issue CloseJan 02, 2019Nov 22, 2018
Basis Of Allotment (Tentative)Jan 07, 2019Nov 28, 2018
Initiation of Refunds (Tentative)Jan 08, 2019
Credit of Share (Tentative)Jan 09, 2019
Listing date (Tentative)Jan 10, 2019Dec 03, 2018

Financials & KPIs

Axita Cotton IPO P/E ratio is , as compared to Roni Households IPO P/E ratio of .

 Axita Cotton IPORoni Households IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets25.5622.2917.5113.87
Total Income21.22123.9291.5268.76
Profit After Tax0.330.820.030.12
EBITDA1.093.441.751.98
NET Worth3.503.162.352.30
Reserves and Surplus1.060.73-0.07-0.10
Total Borrowing16.6216.9614.9111.20
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 201831 Mar 2018
Assets5.583.48
Total Income0.744.30
Profit After Tax0.020.08
NET Worth4.030.59
Reserves and Surplus1.190.08
Total Borrowing0.670.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.26%65.4%
Market Cap₹39.31 Cr.₹5.67 Cr.

Shares Offered

In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Roni Households IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Axita Cotton IPO and 0 shares in Roni Households IPO.

 Axita Cotton IPORoni Households IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation92,000 shares84,000 shares
QIB0 shares0 shares
NII8,30,000 shares7,08,000 shares
RII8,30,000 shares7,08,000 shares
Employee0 shares0 shares
Total16,60,000 shares14,16,000 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas Roni Households IPO subscribed 1.12x.

 Axita Cotton IPORoni Households IPO
NII (times)2.40x0.48x
RII (times)1.55x1.76x
Total (times)1.98x1.12x

Compare with others

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Axita Cotton IPO Vs Roni Households IPO