Anand Rayons IPO vs Suich Industries IPO

Comparison between Anand Rayons IPO and Suich Industries IPO.

IPO Details

Anand Rayons IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Suich Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Anand Rayons IPO is up to ₹12.01 Cr whereas the issue size of the Suich Industries IPO is up to ₹29.30 Cr. The final issue price of Anand Rayons IPO is ₹27.00 per share and of Suich Industries IPO is ₹75.00 per share.

 Anand Rayons IPOSuich Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹73.00 per share
Issue Price (Upper)₹75.00 per share
Issue Price (Final)₹27.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares1600 shares
Fresh Issue Size44,48,000 shares39,07,200 shares
Fresh Issue Size (Amount)up to ₹12.01 Crup to ₹29.30 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total44,48,000 shares39,07,200 shares
Issue Size Total (Amount)up to ₹12.01 Crup to ₹29.30 Cr

IPO Timetable

Anand Rayons IPO opens on Jun 18, 2019, while Suich Industries IPO opens on May 30, 2019. The closing date of Anand Rayons IPO and Suich Industries IPO is Jun 24, 2019, and Jun 04, 2019, respectively.

 Anand Rayons IPOSuich Industries IPO
Issue OpenJun 18, 2019May 30, 2019
Issue CloseJun 24, 2019Jun 04, 2019
Basis Of Allotment (Tentative)Jun 27, 2019Jun 10, 2019
Initiation of Refunds (Tentative)Jun 28, 2019Jun 11, 2019
Credit of Share (Tentative)Jul 01, 2019Jun 12, 2019
Listing date (Tentative)Jul 02, 2019Jun 13, 2019

Financials & KPIs

Anand Rayons IPO P/E ratio is , as compared to Suich Industries IPO P/E ratio of .

 Anand Rayons IPOSuich Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 201931 Mar 201831 Mar 201731 Mar 2016
Assets61.0359.4258.0937.96
Total Income231.76259.59270.62219.92
Profit After Tax1.721.451.050.46
EBITDA5.226.575.203.09
NET Worth13.478.726.665.36
Reserves and Surplus3.181.45
Total Borrowing28.2532.6630.1423.17
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 201831 Mar 201831 Mar 201731 Mar 2016
Assets114.18140.4272.7178.96
Total Income140.16202.79144.37106.58
Profit After Tax11.487.435.333.01
EBITDA19.3216.1513.189.96
NET Worth51.7340.2732.8527.52
Reserves and Surplus40.6029.1421.7216.39
Total Borrowing34.4438.4428.2227.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%95.5%
Promoter Shareholding (Post-Issue)68.71%69.72%
Market Cap₹40.46 Cr.₹114.33 Cr.

Shares Offered

In the Anand Rayons IPO Retail Individual Investors (RII) are offered 22,24,000 shares while in Suich Industries IPO retail investors are offered 22,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Anand Rayons IPO and in Suich Industries IPO.

 Anand Rayons IPOSuich Industries IPO
Anchor Investor Reservation0 shares
Market Maker Reservation2,40,000 shares2,08,000 shares
QIB0 shares
NII22,24,000 shares19,52,000 shares
RII22,24,000 shares19,55,200 shares
Employee0 shares
Total44,48,000 shares39,07,200 shares

Bids Received (Subscription)

Anand Rayons IPO subscribed 1.17x in total, whereas Suich Industries IPO subscribed 1.39x.

 Anand Rayons IPOSuich Industries IPO
NII (times)1.86x1.32x
RII (times)0.48x1.47x
Total (times)1.17x1.39x

Compare with others

Compare:

Anand Rayons IPO Vs Suich Industries IPO