Sylvan Plyboard IPO vs Akiko Global IPO

Comparison between Sylvan Plyboard IPO and Akiko Global IPO.

IPO Details

Sylvan Plyboard IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Akiko Global IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Sylvan Plyboard IPO is up to ₹26.64 Cr whereas the issue size of the Akiko Global IPO is up to ₹21.95 Cr. The final issue price of Sylvan Plyboard IPO is ₹55.00 per share and of Akiko Global IPO is ₹77.00 per share.

 Sylvan Plyboard IPOAkiko Global IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹73.00 per share
Issue Price (Upper)₹77.00 per share
Issue Price (Final)₹55.00 per share₹77.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size48,44,000 shares28,51,200 shares
Fresh Issue Size (Amount)up to ₹26.64 Crup to ₹21.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total48,44,000 shares28,51,200 shares
Issue Size Total (Amount)up to ₹26.64 Crup to ₹21.95 Cr

IPO Timetable

Sylvan Plyboard IPO opens on Jun 24, 2024, while Akiko Global IPO opens on Jun 25, 2024. The closing date of Sylvan Plyboard IPO and Akiko Global IPO is Jun 26, 2024, and Jun 27, 2024, respectively.

 Sylvan Plyboard IPOAkiko Global IPO
Anchor Bid DateJun 24, 2024
Issue OpenJun 24, 2024Jun 25, 2024
Issue CloseJun 26, 2024Jun 27, 2024
Basis Of Allotment (Tentative)Jun 27, 2024Jul 01, 2024
Initiation of Refunds (Tentative)Jun 28, 2024Jul 01, 2024
Credit of Share (Tentative)Jun 28, 2024Jul 01, 2024
Listing date (Tentative)Jul 01, 2024Jul 02, 2024
Anchor Lockin End date 1Jul 31, 2024
Anchor Lockin End date 2Sep 29, 2024

Financials & KPIs

Sylvan Plyboard IPO P/E ratio is 22.25, as compared to Akiko Global IPO P/E ratio of 13.2.

 Sylvan Plyboard IPOAkiko Global IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets217.27203.98181.42165.51
Total Income161.93199.15172.93110.29
Profit After Tax4.483.533.050.37
NET Worth94.5788.1282.8379.78
Reserves and Surplus80.2978.8273.7470.69
Total Borrowing64.5555.0145.7947.01
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets17.9511.314.062.35
Total Income26.1039.5913.536.11
Profit After Tax3.214.530.780.23
NET Worth14.035.781.230.45
Reserves and Surplus6.275.741.210.43
Total Borrowing1.220.960.260.50
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.8092.77
Promoter Shareholding (Post-Issue)71.2366.91
P/E Ratio22.2513.2
Market Cap₹106.56 Cr.₹82.93 Cr.
ROE4.90%32.44%
ROCE7.56%29.23%
Debt/Equity0.680.09
EPS₹2.47₹5.83
RoNW4.74%22.91%

Shares Offered

In the Sylvan Plyboard IPO Retail Individual Investors (RII) are offered 24,22,000 shares while in Akiko Global IPO retail investors are offered 24,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Sylvan Plyboard IPO and 5,69,600 shares in Akiko Global IPO.

 Sylvan Plyboard IPOAkiko Global IPO
Anchor Investor Reservation8,54,400 shares
Market Maker Reservation2,56,000 shares1,50,400 shares
QIB5,69,600 shares
NII24,22,000 shares4,28,800 shares
RII24,22,000 shares9,98,400 shares
Employee
Others
Total48,44,000 shares28,51,200 shares

Bids Received (Subscription)

Sylvan Plyboard IPO subscribed 84.03x in total, whereas Akiko Global IPO subscribed 34.96x.

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Sylvan Plyboard IPO Vs Akiko Global IPO