Aprameya Engineering IPO vs Trom Industries IPO

Comparison between Aprameya Engineering IPO and Trom Industries IPO.

IPO Details

Aprameya Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

	Aprameya Engineering IPO	Trom Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Expert Global Consultants Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aprameya Engineering IPO is up to ₹27.76 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Aprameya Engineering IPO is ₹58.00 per share and of Trom Industries IPO is ₹115.00 per share.

	Aprameya Engineering IPO	Trom Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹100.00 per share
Issue Price (Upper)	₹58.00 per share	₹115.00 per share
Issue Price (Final)	₹58.00 per share	₹115.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	47,86,000 shares	25,90,800 shares
Fresh Issue Size (Amount)	up to ₹27.76 Cr	up to ₹29.79 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	47,86,000 shares	25,90,800 shares
Issue Size Total (Amount)	up to ₹27.76 Cr	up to ₹29.79 Cr

IPO Timetable

Aprameya Engineering IPO opens on Jul 25, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Aprameya Engineering IPO and Trom Industries IPO is Jul 29, 2024, and Jul 29, 2024, respectively.

	Aprameya Engineering IPO	Trom Industries IPO
Anchor Bid Date	Jul 24, 2024	Jul 24, 2024
Issue Open	Jul 25, 2024	Jul 25, 2024
Issue Close	Jul 29, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Jul 30, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Jul 31, 2024	Jul 31, 2024
Credit of Share (Tentative)	Jul 31, 2024	Jul 31, 2024
Listing date (Tentative)	Aug 01, 2024	Aug 01, 2024
Anchor Lockin End date 1	Aug 29, 2024	Aug 29, 2024
Anchor Lockin End date 2	Oct 28, 2024	Oct 28, 2024

Financials & KPIs

Aprameya Engineering IPO P/E ratio is 23.49, as compared to Trom Industries IPO P/E ratio of 12.98.

Aprameya Engineering IPO

Trom Industries IPO

Financials

Aprameya Engineering Limited Financial Information (Restated)

Aprameya Engineering Limited's revenue decreased by -16.23% and profit after tax (PAT) dropped by -35.62% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,560.42	6,189.03	4,870.84
Total Income	6,562.22	7,833.35	20,026.16
Profit After Tax	345.67	536.92	1,661.91
Net Worth	2,336.76	1,992.49	1,452.94
Reserves and Surplus	936.76	592.49	752.94
Total Borrowing	4,204.83	2,873.95	1,368.28
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,919.93	2,155.35	1,854.32
Total Income	5,454.68	2,413.80	3,056.55
Profit After Tax	572.93	28.86	35.98
Net Worth	1,222.57	249.92	221.12
Reserves and Surplus	575.84	248.92	220.12
Total Borrowing	573.71	492.82	85.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

98.84

Promoter Shareholding (Post-Issue)

73.53

69.52

P/E Ratio

23.49

12.98

Market Cap

₹110.43 Cr.

₹105.74 Cr.

ROE

15.97%

77.82%

ROCE

9.60%

47.11%

Debt/Equity

1.80

0.47

EPS

₹2.47

₹8.86

RoNW

14.79%

77.82%

Shares Offered

In the Aprameya Engineering IPO Retail Individual Investors (RII) are offered 16,76,000 shares while in Trom Industries IPO retail investors are offered 16,76,000 shares. Qualified Institutional Buyers (QIB) are offered 9,58,000 shares in Aprameya Engineering IPO and 5,18,400 shares in Trom Industries IPO.

	Aprameya Engineering IPO	Trom Industries IPO
Anchor Investor Reserveration	14,34,000 shares	7,76,400 shares
Market Maker Reserveration	2,54,000 shares	1,36,800 shares
QIB	9,58,000 shares	5,18,400 shares
NII	7,18,000 shares	3,88,800 shares
RII	16,76,000 shares	9,07,200 shares
Employee
Others
Total	47,86,000 shares	25,90,800 shares

Bids Received (Subscription)

Aprameya Engineering IPO subscribed 192.57x in total, whereas Trom Industries IPO subscribed 459.00x.

	Aprameya Engineering IPO	Trom Industries IPO
QIB (times)	90.29x	197.07x
NII (times)	339.99x	751.90x
Big NII (times)
Small NII (times)
RII (times)	187.88x	483.14x
Employee (times)
Other (times)
Total (times)	192.57x	459.00x

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