Avi Ansh Textile IPO vs Techera Engineering IPO

Comparison between Avi Ansh Textile IPO and Techera Engineering IPO.

IPO Details

Avi Ansh Textile IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Techera Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Avi Ansh Textile IPO is up to ₹24.68 Cr whereas the issue size of the Techera Engineering IPO is up to ₹34.10 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Techera Engineering IPO is ₹82.00 per share.

 Avi Ansh Textile IPOTechera Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹75.00 per share
Issue Price (Upper)₹82.00 per share
Issue Price (Final)₹62.00 per share₹82.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size39,80,000 shares41,58,400 shares
Fresh Issue Size (Amount)up to ₹24.68 Crup to ₹34.10 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,80,000 shares41,58,400 shares
Issue Size Total (Amount)up to ₹24.68 Crup to ₹34.10 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Techera Engineering IPO opens on Sep 25, 2024. The closing date of Avi Ansh Textile IPO and Techera Engineering IPO is Sep 24, 2024, and Sep 27, 2024, respectively.

 Avi Ansh Textile IPOTechera Engineering IPO
Anchor Bid DateSep 24, 2024
Issue OpenSep 20, 2024Sep 25, 2024
Issue CloseSep 24, 2024Sep 27, 2024
Basis Of Allotment (Tentative)Sep 25, 2024Sep 30, 2024
Initiation of Refunds (Tentative)Sep 26, 2024Oct 01, 2024
Credit of Share (Tentative)Sep 26, 2024Oct 01, 2024
Listing date (Tentative)Sep 27, 2024Oct 03, 2024
Anchor Lockin End date 1Oct 30, 2024
Anchor Lockin End date 2Dec 29, 2024

Financials & KPIs

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Techera Engineering IPO P/E ratio of 20.65.

 Avi Ansh Textile IPOTechera Engineering IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets65.2346.9243.3746.95
Total Income142.15121.50120.1772.64
Profit After Tax3.310.291.560.68
NET Worth15.8712.5712.3010.76
Reserves and Surplus6.092.782.510.98
Total Borrowing44.8131.9326.6033.75
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets37.2439.2121.36
Total Income39.0826.597.37
Profit After Tax4.821.31-6.29
NET Worth15.9011.089.78
Reserves and Surplus3.76-2.72-4.02
Total Borrowing14.3013.778.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.6757.48
Promoter Shareholding (Post-Issue)66.9842.25
P/E Ratio18.3120.65
Market Cap₹86.67 Cr.₹135.47 Cr.
ROE20.8830.33
ROCE15.8823..47
Debt/Equity2.820.90
EPS₹3.39₹3.97
RoNW20.8830.33

Shares Offered

In the Avi Ansh Textile IPO Retail Individual Investors (RII) are offered 19,90,000 shares while in Techera Engineering IPO retail investors are offered 19,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Avi Ansh Textile IPO and 8,32,000 shares in Techera Engineering IPO.

 Avi Ansh Textile IPOTechera Engineering IPO
Anchor Investor Reservation12,46,400 shares
Market Maker Reservation2,12,000 shares2,19,200 shares
QIB8,32,000 shares
NII19,90,000 shares6,24,000 shares
RII19,90,000 shares14,56,000 shares
Employee
Others
Total39,80,000 shares41,58,400 shares

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed 8.32x in total, whereas Techera Engineering IPO subscribed 48.88x.

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