Airo Lam IPO vs Trident Texofab IPO

Comparison between Airo Lam IPO and Trident Texofab IPO.

IPO Details

Airo Lam IPO is a SME Fixed Price IPO proposed to list at NSE SME while Trident Texofab IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Airo Lam IPO is up to ₹14.41 Cr whereas the issue size of the Trident Texofab IPO is up to ₹3.34 Cr. The final issue price of Airo Lam IPO is ₹38.00 per share and of Trident Texofab IPO is ₹30.00 per share.

 Airo Lam IPOTrident Texofab IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹36.00 per share
Issue Price (Upper)₹38.00 per share
Issue Price (Final)₹38.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares4000 shares
Fresh Issue Size37,92,000 shares11,12,000 shares
Fresh Issue Size (Amount)up to ₹14.41 Crup to ₹3.34 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,92,000 shares11,12,000 shares
Issue Size Total (Amount)up to ₹14.41 Crup to ₹3.34 Cr

IPO Timetable

Airo Lam IPO opens on Sep 25, 2017, while Trident Texofab IPO opens on Sep 21, 2017. The closing date of Airo Lam IPO and Trident Texofab IPO is Sep 27, 2017, and Sep 26, 2017, respectively.

 Airo Lam IPOTrident Texofab IPO
Issue OpenSep 25, 2017Sep 21, 2017
Issue CloseSep 27, 2017Sep 26, 2017
Basis Of Allotment (Tentative)Sep 29, 2017
Listing date (Tentative)Oct 06, 2017Oct 05, 2017

Financials & KPIs

Airo Lam IPO P/E ratio is , as compared to Trident Texofab IPO P/E ratio of .

 Airo Lam IPOTrident Texofab IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets70.3362.6656.45
Total Income71.4764.0667.23
Profit After Tax1.891.671.60
NET Worth17.1515.2613.59
Reserves and Surplus11.659.768.09
Total Borrowing22.6920.9822.78
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets24.5037.9928.42
Total Income76.1966.0362.65
Profit After Tax0.340.060.18
NET Worth3.803.463.43
Reserves and Surplus3.473.133.10
Total Borrowing5.182.983.56
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.87%100.00%
Promoter Shareholding (Post-Issue)51.97%70.57%
Market Cap₹57.00 Cr.₹11.99 Cr.

Shares Offered

In the Airo Lam IPO Retail Individual Investors (RII) are offered 18,96,000 shares while in Trident Texofab IPO retail investors are offered 18,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Airo Lam IPO and 0 shares in Trident Texofab IPO.

 Airo Lam IPOTrident Texofab IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation2,10,000 shares64,000 shares
QIB0 shares0 shares
NII18,96,000 shares5,56,000 shares
RII18,96,000 shares5,56,000 shares
Employee0 shares0 shares
Total37,92,000 shares11,12,000 shares

Bids Received (Subscription)

Airo Lam IPO subscribed 32.69x in total, whereas Trident Texofab IPO subscribed 8.09x.

 Airo Lam IPOTrident Texofab IPO
NII (times)56.78x3.45x
RII (times)8.60x12.73x
Total (times)32.69x8.09x

Compare with others

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Airo Lam IPO Vs Trident Texofab IPO