Comparison between Aeron Composite IPO and Travels & Rentals IPO.
Aeron Composite IPO is a SME Fixed Price IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price proposed to list at BSE SME.
| Aeron Composite IPO | Travels & Rentals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Finshore Management Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Black Fox Financial 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 Aeron Composite IPO is up to ₹53.25 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹11.63 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Travels & Rentals IPO is ₹40.00 per share.
| Aeron Composite IPO | Travels & Rentals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹125.00 per share | |
| Issue Price (Final) | ₹125.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 42,60,000 shares | 29,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.25 Cr | up to ₹11.63 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 | 42,60,000 shares | 29,07,000 shares |
| Issue Size Total (Amount) | up to ₹53.25 Cr | up to ₹11.63 Cr |
Aeron Composite IPO opens on Aug 28, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Aeron Composite IPO and Travels & Rentals IPO is Aug 30, 2024, and Sep 02, 2024, respectively.
| Aeron Composite IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Bid Date | Aug 27, 2024 | |
| Issue Open | Aug 28, 2024 | Aug 29, 2024 |
| Issue Close | Aug 30, 2024 | Sep 02, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Sep 03, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 04, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 04, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 05, 2024 |
| Anchor Lockin End date 1 | Oct 02, 2024 | |
| Anchor Lockin End date 2 | Dec 01, 2024 |
Aeron Composite IPO P/E ratio is 23.69, as compared to Travels & Rentals IPO P/E ratio of 10.98.
| Aeron Composite IPO | Travels & Rentals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Aeron Composite Limited Financial Information (Restated)
| Travels & Rentals Limited Financial Information (Restated)Travels & Rentals Limited's revenue increased by 39% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 86.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 62.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.69 | 10.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹212.75 Cr. | ₹44.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.33 | 26.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.67 | 27.54% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.28 | ₹3.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.09 | 20.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aeron Composite IPO Retail Individual Investors (RII) are offered 14,18,000 shares while in Travels & Rentals IPO retail investors are offered 14,18,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and in Travels & Rentals IPO.
| Aeron Composite IPO | Travels & Rentals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,14,000 shares | |
| Market Maker Reserveration | 2,28,000 shares | 1,53,000 shares |
| QIB | 8,10,000 shares | |
| NII | 6,08,000 shares | 14,52,000 shares |
| RII | 14,18,000 shares | 14,55,000 shares |
| Employee | 2,10,000 shares | |
| Others | ||
| Total | 42,60,000 shares | 29,07,000 shares |
Aeron Composite IPO subscribed 41.07x in total, whereas Travels & Rentals IPO subscribed 608.46x.
| Aeron Composite IPO | Travels & Rentals IPO | |
|---|---|---|
| QIB (times) | 27.82x | |
| NII (times) | 75.53x | 754.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 33.77x | 429.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 608.46x |
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