AKI India IPO vs Shubham Polyspin IPO

Comparison between AKI India IPO and Shubham Polyspin IPO.

IPO Details

AKI India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shubham Polyspin IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of AKI India IPO is up to ₹2.93 Cr whereas the issue size of the Shubham Polyspin IPO is up to ₹5.69 Cr. The final issue price of AKI India IPO is ₹11.00 per share and of Shubham Polyspin IPO is ₹40.00 per share.

 AKI India IPOShubham Polyspin IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹11.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size10000 shares3000 shares
Fresh Issue Size26,60,000 shares14,22,000 shares
Fresh Issue Size (Amount)up to ₹2.93 Crup to ₹5.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,60,000 shares14,22,000 shares
Issue Size Total (Amount)up to ₹2.93 Crup to ₹5.69 Cr

IPO Timetable

AKI India IPO opens on Sep 28, 2018, while Shubham Polyspin IPO opens on Sep 28, 2018. The closing date of AKI India IPO and Shubham Polyspin IPO is Oct 05, 2018, and Oct 04, 2018, respectively.

 AKI India IPOShubham Polyspin IPO
Issue OpenSep 28, 2018Sep 28, 2018
Issue CloseOct 05, 2018Oct 04, 2018
Basis Of Allotment (Tentative)Oct 10, 2018Oct 09, 2018
Listing date (Tentative)Oct 12, 2018Oct 12, 2018

Financials & KPIs

AKI India IPO P/E ratio is , as compared to Shubham Polyspin IPO P/E ratio of .

 AKI India IPOShubham Polyspin IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets35.7639.9339.10
Total Income45.3642.7040.67
Profit After Tax1.020.150.14
NET Worth7.646.622.98
Reserves and Surplus-0.251.100.99
Total Borrowing16.4819.2921.61
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201831 Mar 201731 Mar 2016
Assets17.8420.2914.47
Total Income28.2717.7115.40
Profit After Tax1.480.220.25
NET Worth6.164.693.47
Reserves and Surplus2.150.680.46
Total Borrowing7.8611.438.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.81%72.78%
Market Cap₹11.33 Cr.₹22.04 Cr.

Shares Offered

In the AKI India IPO Retail Individual Investors (RII) are offered 13,30,000 shares while in Shubham Polyspin IPO retail investors are offered 13,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in AKI India IPO and 0 shares in Shubham Polyspin IPO.

 AKI India IPOShubham Polyspin IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,40,000 shares78,000 shares
QIB0 shares0 shares
NII13,30,000 shares7,11,000 shares
RII13,30,000 shares7,11,000 shares
Employee0 shares0 shares
Total26,60,000 shares14,22,000 shares

Bids Received (Subscription)

AKI India IPO subscribed 1.56x in total, whereas Shubham Polyspin IPO subscribed 2.95x.

 AKI India IPOShubham Polyspin IPO
NII (times)2.14x2.27x
RII (times)0.99x3.64x
Total (times)1.56x2.95x

Compare with others

Compare:

AKI India IPO Vs Shubham Polyspin IPO