Comparison between Aztec Fluids IPO and TGIF Agribusiness IPO.
Aztec Fluids IPO is a SME Fixed Price IPO proposed to list at BSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.
| Aztec Fluids IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aztec Fluids IPO is up to ₹22.90 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Aztec Fluids IPO is ₹67.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
| Aztec Fluids IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹63.00 per share | |
| Issue Price (Upper) | ₹67.00 per share | |
| Issue Price (Final) | ₹67.00 per share | ₹93.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 34,18,000 shares | 6,52,800 shares |
| Fresh Issue Size (Amount) | up to ₹22.90 Cr | up to ₹6.07 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 34,18,000 shares | 6,52,800 shares |
| Issue Size Total (Amount) | up to ₹22.90 Cr | up to ₹6.07 Cr |
Aztec Fluids IPO opens on May 10, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Aztec Fluids IPO and TGIF Agribusiness IPO is May 14, 2024, and May 10, 2024, respectively.
| Aztec Fluids IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | May 08, 2024 |
| Issue Close | May 14, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 14, 2024 | |
| Anchor Lockin End date 2 | Aug 13, 2024 |
Aztec Fluids IPO P/E ratio is 20.47, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.
| Aztec Fluids IPO | TGIF Agribusiness IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aztec Fluids & Machinery Limited Financial Information (Restated)Aztec Fluids & Machinery Limited's revenue increased by 17.46% and profit after tax (PAT) rose by 5.18% between the financial year ending with March 31, 2023 and March 31, 2022.
| TGIF Agribusiness Limited Financial Information (Restated)TGIF Agribusiness Limited's revenue increased by 12.14% and profit after tax (PAT) rose by 12.63% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 99.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.47 | 13.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹91.12 Cr. | ₹24.06 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.60% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.27 | ₹6.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.69% | 42.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aztec Fluids IPO Retail Individual Investors (RII) are offered 11,98,000 shares while in TGIF Agribusiness IPO retail investors are offered 11,98,000 shares. Qualified Institutional Buyers (QIB) are offered 6,84,000 shares in Aztec Fluids IPO and in TGIF Agribusiness IPO.
| Aztec Fluids IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Anchor Investor Reserveration | 10,22,000 shares | |
| Market Maker Reserveration | 1,82,000 shares | 34,800 shares |
| QIB | 6,84,000 shares | |
| NII | 5,14,000 shares | 3,26,400 shares |
| RII | 11,98,000 shares | 3,26,400 shares |
| Employee | ||
| Others | ||
| Total | 34,18,000 shares | 6,52,800 shares |
Aztec Fluids IPO subscribed 218.38x in total, whereas TGIF Agribusiness IPO subscribed 37.13x.
| Aztec Fluids IPO | TGIF Agribusiness IPO | |
|---|---|---|
| QIB (times) | 107.93x | |
| NII (times) | 341.94x | 35.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 228.43x | 32.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 218.38x | 37.13x |
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