Comparison between Akme Fintrade IPO and Stanley Lifestyles IPO.
Akme Fintrade IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Stanley Lifestyles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Akme Fintrade IPO is up to ₹132.00 Cr whereas the issue size of the Stanley Lifestyles IPO is up to ₹537.02 Cr. The final issue price of Akme Fintrade IPO is ₹120.00 per share and of Stanley Lifestyles IPO is ₹369.00 per share.
| Akme Fintrade IPO | Stanley Lifestyles IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹351.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹369.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹369.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 125 shares | 40 shares |
| Fresh Issue Size | 1,10,00,000 shares | 54,20,054 shares |
| Fresh Issue Size (Amount) | up to ₹132.00 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 0 shares | 91,33,454 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹337.02 Cr |
| Issue Size Total | 1,10,00,000 shares | 1,45,53,508 shares |
| Issue Size Total (Amount) | up to ₹132.00 Cr | up to ₹537.02 Cr |
Akme Fintrade IPO opens on Jun 19, 2024, while Stanley Lifestyles IPO opens on Jun 21, 2024. The closing date of Akme Fintrade IPO and Stanley Lifestyles IPO is Jun 21, 2024, and Jun 25, 2024, respectively.
| Akme Fintrade IPO | Stanley Lifestyles IPO | |
|---|---|---|
| Anchor Bid Date | Jun 18, 2024 | Jun 20, 2024 |
| Issue Open | Jun 19, 2024 | Jun 21, 2024 |
| Issue Close | Jun 21, 2024 | Jun 25, 2024 |
| Basis Of Allotment (Tentative) | Jun 24, 2024 | Jun 26, 2024 |
| Initiation of Refunds (Tentative) | Jun 25, 2024 | Jun 27, 2024 |
| Credit of Share (Tentative) | Jun 25, 2024 | Jun 27, 2024 |
| Listing date (Tentative) | Jun 26, 2024 | Jun 28, 2024 |
| Anchor Lockin End date 1 | Jul 24, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 2 | Sep 22, 2024 | Sep 24, 2024 |
Akme Fintrade IPO P/E ratio is , as compared to Stanley Lifestyles IPO P/E ratio of 54.43.
| Akme Fintrade IPO | Stanley Lifestyles IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.01 | 67.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 54.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2103.94 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.64% | 7.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 8.63% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.49 | 0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.87 | ₹6.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.81% | 8.34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Akme Fintrade IPO Retail Individual Investors (RII) are offered 36,57,500 shares while in Stanley Lifestyles IPO retail investors are offered 36,57,500 shares. Qualified Institutional Buyers (QIB) are offered 20,90,000 shares in Akme Fintrade IPO and 29,10,702 shares in Stanley Lifestyles IPO.
| Akme Fintrade IPO | Stanley Lifestyles IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,35,000 shares | 43,66,051 shares |
| Market Maker Reservation | ||
| QIB | 20,90,000 shares | 29,10,702 shares |
| NII | 15,67,500 shares | 21,83,027 shares |
| RII | 36,57,500 shares | 50,93,728 shares |
| Employee | 5,50,000 shares | |
| Others | ||
| Total | 1,10,00,000 shares | 1,45,53,508 shares |
Akme Fintrade IPO subscribed 54.49x in total, whereas Stanley Lifestyles IPO subscribed 97.16x.
| Akme Fintrade IPO | Stanley Lifestyles IPO | |
|---|---|---|
| QIB (times) | 28.12x | 215.62x |
| NII (times) | 129.98x | 121.42x |
| Big NII (times) | 121.56x | 136.75x |
| Small NII (times) | 146.83x | 90.76x |
| RII (times) | 44.58x | 19.08x |
| Employee (times) | 5.42x | |
| Other (times) | ||
| Total (times) | 54.49x | 97.16x |
