Comparison between Airan IPO and Sarthak Metals IPO.
IPO Details
Airan IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sarthak Metals IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Airan IPO is up to ₹14.09 Cr whereas the issue size of the Sarthak Metals IPO is up to ₹10.32 Cr. The final issue price of Airan IPO is ₹45.00 per share and of Sarthak Metals IPO is ₹30.00 per share.
| | Airan IPO | Sarthak Metals IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹45.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 31,32,000 shares | 14,04,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.09 Cr | up to ₹4.21 Cr |
| OFS Issue Size | 0 shares | 20,36,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.11 Cr |
| Issue Size Total | 31,32,000 shares | 34,40,000 shares |
| Issue Size Total (Amount) | up to ₹14.09 Cr | up to ₹10.32 Cr |
IPO Timetable
Airan IPO opens on Mar 14, 2017, while Sarthak Metals IPO opens on Mar 10, 2017. The closing date of Airan IPO and Sarthak Metals IPO is Mar 16, 2017, and Mar 17, 2017, respectively.
Financials & KPIs
Airan IPO P/E ratio is , as compared to Sarthak Metals IPO P/E ratio of .
Shares Offered
In the Airan IPO Retail Individual Investors (RII) are offered 15,66,000 shares while in Sarthak Metals IPO retail investors are offered 15,66,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Airan IPO and 0 shares in Sarthak Metals IPO.
| | Airan IPO | Sarthak Metals IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,68,000 shares | 1,96,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 15,66,000 shares | 17,20,000 shares |
| RII | 15,66,000 shares | 17,20,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 31,32,000 shares | 34,40,000 shares |
Bids Received (Subscription)
Airan IPO subscribed 29.60x in total, whereas Sarthak Metals IPO subscribed 2.02x.
