Comparison between AVP Infracon IPO and Royal Sense IPO.
AVP Infracon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Royal Sense IPO is a SME Fixed Price proposed to list at BSE SME.
| AVP Infracon IPO | Royal Sense IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Rikhav Securities 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 AVP Infracon IPO is up to ₹46.86 Cr whereas the issue size of the Royal Sense IPO is up to ₹8.77 Cr. The final issue price of AVP Infracon IPO is ₹75.00 per share and of Royal Sense IPO is ₹68.00 per share.
| AVP Infracon IPO | Royal Sense IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 62,48,000 shares | 12,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹46.86 Cr | up to ₹8.77 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 | 62,48,000 shares | 12,90,000 shares |
| Issue Size Total (Amount) | up to ₹46.86 Cr | up to ₹8.77 Cr |
AVP Infracon IPO opens on Mar 13, 2024, while Royal Sense IPO opens on Mar 12, 2024. The closing date of AVP Infracon IPO and Royal Sense IPO is Mar 15, 2024, and Mar 14, 2024, respectively.
| AVP Infracon IPO | Royal Sense IPO | |
|---|---|---|
| Anchor Bid Date | Mar 12, 2024 | |
| Issue Open | Mar 13, 2024 | Mar 12, 2024 |
| Issue Close | Mar 15, 2024 | Mar 14, 2024 |
| Basis Of Allotment (Tentative) | Mar 18, 2024 | Mar 15, 2024 |
| Initiation of Refunds (Tentative) | Mar 19, 2024 | Mar 18, 2024 |
| Credit of Share (Tentative) | Mar 19, 2024 | Mar 18, 2024 |
| Listing date (Tentative) | Mar 20, 2024 | Mar 19, 2024 |
| Anchor Lockin End date 1 | Apr 17, 2024 | |
| Anchor Lockin End date 2 | Jun 16, 2024 |
AVP Infracon IPO P/E ratio is 11.2, as compared to Royal Sense IPO P/E ratio of 33.33.
| AVP Infracon IPO | Royal Sense IPO | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | AVP Infracon Limited Financial Information (Restated Consolidated)
| Royal Sense Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.5 | 99.99 | ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.33 | 67.15 | ||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.2 | 33.33 | ||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹187.34 Cr. | ₹33.32 Cr. | ||||||||||||||||||||||||||||||||||||||||
| ROE | 25.05% | 17.00% | ||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.63% | 23.00% | ||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.96 | |||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.70 | ₹2.04 | ||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.05% | 17.00% | ||||||||||||||||||||||||||||||||||||||||
In the AVP Infracon IPO Retail Individual Investors (RII) are offered 21,90,400 shares while in Royal Sense IPO retail investors are offered 21,90,400 shares. Qualified Institutional Buyers (QIB) are offered 12,48,000 shares in AVP Infracon IPO and in Royal Sense IPO.
| AVP Infracon IPO | Royal Sense IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,70,400 shares | |
| Market Maker Reserveration | 7,31,200 shares | 1,60,000 shares |
| QIB | 12,48,000 shares | |
| NII | 9,39,200 shares | 6,44,000 shares |
| RII | 21,90,400 shares | 6,46,000 shares |
| Employee | ||
| Others | ||
| Total | 62,48,000 shares | 12,90,000 shares |
AVP Infracon IPO subscribed 21.45x in total, whereas Royal Sense IPO subscribed 8.52x.
| AVP Infracon IPO | Royal Sense IPO | |
|---|---|---|
| QIB (times) | 1.05x | |
| NII (times) | 46.15x | 9.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.49x | 7.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.45x | 8.52x |
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