Active Clothing IPO vs Tara Chand Logistic IPO

Comparison between Active Clothing IPO and Tara Chand Logistic IPO.

IPO Details

Active Clothing IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tara Chand Logistic IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Active Clothing IPO is up to ₹25.22 Cr whereas the issue size of the Tara Chand Logistic IPO is up to ₹19.40 Cr. The final issue price of Active Clothing IPO is ₹65.00 per share and of Tara Chand Logistic IPO is ₹55.00 per share.

 Active Clothing IPOTara Chand Logistic IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹65.00 per share₹55.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size38,80,000 shares35,28,000 shares
Fresh Issue Size (Amount)up to ₹25.22 Crup to ₹19.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,80,000 shares35,28,000 shares
Issue Size Total (Amount)up to ₹25.22 Crup to ₹19.40 Cr

IPO Timetable

Active Clothing IPO opens on Mar 12, 2018, while Tara Chand Logistic IPO opens on Mar 13, 2018. The closing date of Active Clothing IPO and Tara Chand Logistic IPO is Mar 16, 2018, and Mar 15, 2018, respectively.

 Active Clothing IPOTara Chand Logistic IPO
Issue OpenMar 12, 2018Mar 13, 2018
Issue CloseMar 16, 2018Mar 15, 2018
Basis Of Allotment (Tentative)Mar 21, 2018Mar 20, 2018
Listing date (Tentative)Mar 26, 2018Mar 23, 2018

Financials & KPIs

Active Clothing IPO P/E ratio is , as compared to Tara Chand Logistic IPO P/E ratio of .

 Active Clothing IPOTara Chand Logistic IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets118.95109.9898.3784.88
Total Income99.12120.05112.09110.68
Profit After Tax1.871.861.531.54
NET Worth31.1129.4927.6226.01
Reserves and Surplus30.9229.3127.4325.82
Total Borrowing71.9861.5357.3745.13
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 201731 Mar 201731 Mar 201631 Mar 2015
Assets92.0066.2746.1347.83
Total Income54.1852.6546.2239.25
Profit After Tax3.662.631.190.69
NET Worth20.6315.0512.4211.23
Reserves and Surplus10.705.723.091.90
Total Borrowing39.2531.5724.3727.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.89%99.99%
Promoter Shareholding (Post-Issue)73.58%72.73%
Market Cap₹100.83 Cr.₹75.05 Cr.

Shares Offered

In the Active Clothing IPO Retail Individual Investors (RII) are offered 19,40,000 shares while in Tara Chand Logistic IPO retail investors are offered 19,40,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Active Clothing IPO and 0 shares in Tara Chand Logistic IPO.

 Active Clothing IPOTara Chand Logistic IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,06,000 shares1,92,000 shares
QIB0 shares0 shares
NII19,40,000 shares17,64,000 shares
RII19,40,000 shares17,64,000 shares
Employee0 shares0 shares
Total38,80,000 shares35,28,000 shares

Bids Received (Subscription)

Active Clothing IPO subscribed 1.17x in total, whereas Tara Chand Logistic IPO subscribed 2.76x.

 Active Clothing IPOTara Chand Logistic IPO
NII (times)1.91x2.64x
RII (times)0.43x2.88x
Total (times)1.17x2.76x

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