Comparison between Ashoka Metcast IPO and Solex Energy IPO.
Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solex Energy IPO is a SME Fixed Price proposed to list at NSE SME.
| Ashoka Metcast IPO | Solex Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Beeline Broking 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 Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the Solex Energy IPO is up to ₹6.80 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Solex Energy IPO is ₹52.00 per share.
| Ashoka Metcast IPO | Solex Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 56,88,000 shares | 13,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.38 Cr | up to ₹6.80 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 56,88,000 shares | 13,08,000 shares |
| Issue Size Total (Amount) | up to ₹11.38 Cr | up to ₹6.80 Cr |
Ashoka Metcast IPO opens on Jan 23, 2018, while Solex Energy IPO opens on Jan 22, 2018. The closing date of Ashoka Metcast IPO and Solex Energy IPO is Jan 25, 2018, and Jan 25, 2018, respectively.
| Ashoka Metcast IPO | Solex Energy IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 23, 2018 | Jan 22, 2018 |
| Issue Close | Jan 25, 2018 | Jan 25, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 05, 2018 | Feb 05, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Metcast IPO P/E ratio is , as compared to Solex Energy IPO P/E ratio of .
| Ashoka Metcast IPO | Solex Energy IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹21.42 Cr. | ₹25.69 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ashoka Metcast IPO Retail Individual Investors (RII) are offered 28,44,000 shares while in Solex Energy IPO retail investors are offered 28,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashoka Metcast IPO and in Solex Energy IPO.
| Ashoka Metcast IPO | Solex Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,12,000 shares | 72,000 shares |
| QIB | ||
| NII | 28,44,000 shares | 6,54,000 shares |
| RII | 28,44,000 shares | 6,54,000 shares |
| Employee | ||
| Others | ||
| Total | 56,88,000 shares | 13,08,000 shares |
Ashoka Metcast IPO subscribed 1.57x in total, whereas Solex Energy IPO subscribed 20.16x.
| Ashoka Metcast IPO | Solex Energy IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.51x | 15.40x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.63x | 24.91x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.57x | 20.16x |
