Comparison between Akshar Spintex IPO and SoftTech Engineers IPO.
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 IPO | SoftTech Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. | Small Industries Development Bank of India Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Pantomath Stock Brokers Pvt.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 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 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) | ₹40.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 6,54,000 shares | 22,27,200 shares |
| Fresh Issue Size (Amount) | up to ₹2.62 Cr | up to ₹17.82 Cr |
| OFS Issue Size | 57,48,000 shares | 4,80,000 shares |
| OFS Issue Size (Amount) | up to ₹22.99 Cr | up to ₹3.84 Cr |
| Issue Size Total | 64,02,000 shares | 27,07,200 shares |
| Issue Size Total (Amount) | up to ₹25.61 Cr | up to ₹21.66 Cr |
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 IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 27, 2018 | Apr 27, 2018 |
| Issue Close | May 03, 2018 | May 03, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 11, 2018 | May 11, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Akshar Spintex IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .
| Akshar Spintex IPO | SoftTech Engineers IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹100.00 Cr. | ₹75.38 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | SoftTech Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,45,000 shares | 1,44,000 shares |
| QIB | 13,52,000 shares | |
| NII | 32,01,000 shares | 4,06,400 shares |
| RII | 32,01,000 shares | 9,48,800 shares |
| Employee | ||
| Others | ||
| Total | 64,02,000 shares | 27,07,200 shares |
Akshar Spintex IPO subscribed 5.48x in total, whereas SoftTech Engineers IPO subscribed 30.82x.
| Akshar Spintex IPO | SoftTech Engineers IPO | |
|---|---|---|
| QIB (times) | 1.48x | |
| NII (times) | 1.71x | 103.96x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.24x | 41.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.48x | 30.82x |
