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Akshar Spintex IPO vs SoftTech Engineers IPO

Comparison between Akshar Spintex IPO and SoftTech Engineers IPO.

IPO Details

Akshar Spintex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while SoftTech Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.

 Akshar Spintex IPOSoftTech Engineers IPO
LogoAkshar Spintex IPO LogoSoftTech Engineers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Small Industries Development Bank of India
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerPantomath Stock Brokers Pvt.Ltd.Pantomath Stock Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Akshar Spintex IPO is up to ₹25.61 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹21.66 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.

 Akshar Spintex IPOSoftTech 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)₹40.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1600 shares
Fresh Issue Size6,54,000 shares22,27,200 shares
Fresh Issue Size (Amount)up to ₹2.62 Crup to ₹17.82 Cr
OFS Issue Size57,48,000 shares4,80,000 shares
OFS Issue Size (Amount)up to ₹22.99 Crup to ₹3.84 Cr
Issue Size Total64,02,000 shares27,07,200 shares
Issue Size Total (Amount)up to ₹25.61 Crup to ₹21.66 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Akshar Spintex IPO and SoftTech Engineers IPO is May 03, 2018, and May 03, 2018, respectively.

 Akshar Spintex IPOSoftTech Engineers IPO
Anchor Bid Date
Issue OpenApr 27, 2018Apr 27, 2018
Issue CloseMay 03, 2018May 03, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)May 11, 2018May 11, 2018
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Akshar Spintex IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .

 Akshar Spintex IPOSoftTech Engineers IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 8218.88 7487.82 7029.73 2479.56
Total Revenue 9038.94 5984.38 1561.73 0
Profit After Tax 538.61 266.94 (51.25) 0
Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 6,033.78 5,722.58 4,008.32 3,429.94 2,012.87
Total Revenue 4,711.63 4,432.53 3,594.36 2,567.60 2,195.63
Profit After Tax 615.96 361.77 212.29 254.14 97.82
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Akshar Spintex IPO Retail Individual Investors (RII) are offered 32,01,000 shares while in SoftTech Engineers IPO retail investors are offered 32,01,000 shares. Qualified Institutional Buyers (QIB) are offered in Akshar Spintex IPO and 13,52,000 shares in SoftTech Engineers IPO.

 Akshar Spintex IPOSoftTech Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration3,45,000 shares1,44,000 shares
QIB13,52,000 shares
NII32,01,000 shares4,06,400 shares
RII32,01,000 shares9,48,800 shares
Employee
Others
Total64,02,000 shares27,07,200 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.49x in total, whereas SoftTech Engineers IPO subscribed 30.82x.

 Akshar Spintex IPOSoftTech Engineers IPO
QIB (times)
NII (times)1.71x31.21x
Big NII (times)
Small NII (times)
RII (times)9.24x28.94x
Employee (times)
Other (times)
Total (times)5.49x30.82x