Comparison between Avon Weighing Systems IPO and Somi Conveyor Beltings IPO.
Avon Weighing Systems IPO is a Mainboard Fixed Price IPO proposed to list at BSE while Somi Conveyor Beltings IPO is a Mainboard Fixed Price proposed to list at BSE.
The total issue size of Avon Weighing Systems IPO is up to ₹9.84 Cr whereas the issue size of the Somi Conveyor Beltings IPO is up to ₹16.55 Cr. The final issue price of Avon Weighing Systems IPO is ₹10.00 per share and of Somi Conveyor Beltings IPO is ₹35.00 per share.
| Avon Weighing Systems IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 98,36,400 shares | 47,28,666 shares |
| Fresh Issue Size (Amount) | up to ₹9.84 Cr | up to ₹16.55 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 | 98,36,400 shares | 47,28,666 shares |
| Issue Size Total (Amount) | up to ₹9.84 Cr | up to ₹16.55 Cr |
Avon Weighing Systems IPO opens on Jun 09, 2008, while Somi Conveyor Beltings IPO opens on Jun 24, 2008. The closing date of Avon Weighing Systems IPO and Somi Conveyor Beltings IPO is Jun 12, 2008, and Jun 27, 2008, respectively.
| Avon Weighing Systems IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 09, 2008 | Jun 24, 2008 |
| Issue Close | Jun 12, 2008 | Jun 27, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 03, 2008 | Jul 24, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Avon Weighing Systems IPO P/E ratio is , as compared to Somi Conveyor Beltings IPO P/E ratio of .
| Avon Weighing Systems IPO | Somi Conveyor Beltings IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 85.2 | ||||
| Promoter Shareholding (Post-Issue) | 40.67 | 52.88 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹16.58 Cr. | ₹41.23 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 31.93 | 14.63 |
In the Avon Weighing Systems IPO Retail Individual Investors (RII) are offered 49,18,200 shares while in Somi Conveyor Beltings IPO retail investors are offered 49,18,200 shares. Qualified Institutional Buyers (QIB) are offered in Avon Weighing Systems IPO and 4,72,860 shares in Somi Conveyor Beltings IPO.
| Avon Weighing Systems IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 4,72,860 shares | |
| NII | 49,18,200 shares | 18,91,427 shares |
| RII | 49,18,200 shares | 23,64,287 shares |
| Employee | ||
| Others | ||
| Total | 98,36,400 shares | 47,28,574 shares |
Avon Weighing Systems IPO subscribed 44.73x in total, whereas Somi Conveyor Beltings IPO subscribed 1.97x.
| Avon Weighing Systems IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| QIB (times) | 2.00x | |
| NII (times) | 39.27x | 0.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 50.19x | 2.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 44.73x | 1.97x |
