Comparison between Aakash Exploration IPO and SoftTech Engineers IPO.
Aakash Exploration IPO is a SME Bookbuilding IPO proposed to list at NSE SME while SoftTech Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Aakash Exploration IPO | SoftTech Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Monarch Networth Capital Ltd. | Small Industries Development Bank of India Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Monarch Networth Capital Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aakash Exploration IPO is up to ₹9.58 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹21.66 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.
| Aakash Exploration IPO | SoftTech Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹78.00 per share | |
| Issue Price (Upper) | ₹80.00 per share | |
| Issue Price (Final) | ₹56.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 17,10,000 shares | 22,27,200 shares |
| Fresh Issue Size (Amount) | up to ₹9.58 Cr | up to ₹17.82 Cr |
| OFS Issue Size | 0 shares | 4,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3.84 Cr |
| Issue Size Total | 17,10,000 shares | 27,07,200 shares |
| Issue Size Total (Amount) | up to ₹9.58 Cr | up to ₹21.66 Cr |
Aakash Exploration IPO opens on Apr 17, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Aakash Exploration IPO and SoftTech Engineers IPO is Apr 19, 2018, and May 03, 2018, respectively.
| Aakash Exploration IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 17, 2018 | Apr 27, 2018 |
| Issue Close | Apr 19, 2018 | May 03, 2018 |
| Basis Of Allotment (Tentative) | Apr 24, 2018 | |
| Initiation of Refunds (Tentative) | Apr 25, 2018 | |
| Credit of Share (Tentative) | Apr 26, 2018 | |
| Listing date (Tentative) | Apr 27, 2018 | May 11, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aakash Exploration IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .
| Aakash Exploration IPO | SoftTech Engineers IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹37.80 Cr. | ₹75.38 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aakash Exploration IPO Retail Individual Investors (RII) are offered 8,55,000 shares while in SoftTech Engineers IPO retail investors are offered 8,55,000 shares. Qualified Institutional Buyers (QIB) are offered in Aakash Exploration IPO and 13,52,000 shares in SoftTech Engineers IPO.
| Aakash Exploration IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 90,000 shares | 1,44,000 shares |
| QIB | 13,52,000 shares | |
| NII | 8,55,000 shares | 4,06,400 shares |
| RII | 8,55,000 shares | 9,48,800 shares |
| Employee | ||
| Others | ||
| Total | 17,10,000 shares | 27,07,200 shares |
Aakash Exploration IPO subscribed 1.48x in total, whereas SoftTech Engineers IPO subscribed 30.82x.
| Aakash Exploration IPO | SoftTech Engineers IPO | |
|---|---|---|
| QIB (times) | 1.48x | |
| NII (times) | 1.59x | 103.96x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.38x | 41.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.48x | 30.82x |
