Comparison between Aelea Commodities IPO and Tunwal E-Motors IPO.
IPO Details
Aelea Commodities IPO is a SME Fixed Price IPO proposed to list at BSE SME while Tunwal E-Motors IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Aelea Commodities IPO is up to ₹48.45 Cr whereas the issue size of the Tunwal E-Motors IPO is up to ₹109.86 Cr. The final issue price of Aelea Commodities IPO is ₹95.00 per share and of Tunwal E-Motors IPO is ₹59.00 per share.
| | Aelea Commodities IPO | Tunwal E-Motors IPO |
|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹91.00 per share | |
| Issue Price (Upper) | ₹95.00 per share | |
| Issue Price (Final) | ₹95.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 51,00,000 shares | 1,28,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹48.45 Cr | up to ₹75.93 Cr |
| OFS Issue Size | 0 shares | 57,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹33.93 Cr |
| Issue Size Total | 51,00,000 shares | 1,86,20,000 shares |
| Issue Size Total (Amount) | up to ₹48.45 Cr | up to ₹109.86 Cr |
IPO Timetable
Aelea Commodities IPO opens on Jul 12, 2024, while Tunwal E-Motors IPO opens on Jul 15, 2024. The closing date of Aelea Commodities IPO and Tunwal E-Motors IPO is Jul 16, 2024, and Jul 18, 2024, respectively.
| | Aelea Commodities IPO | Tunwal E-Motors IPO |
|---|
| Anchor Bid Date | Jul 11, 2024 | |
| Issue Open | Jul 12, 2024 | Jul 15, 2024 |
| Issue Close | Jul 16, 2024 | Jul 18, 2024 |
| Basis Of Allotment (Tentative) | Jul 18, 2024 | Jul 19, 2024 |
| Initiation of Refunds (Tentative) | Jul 19, 2024 | Jul 22, 2024 |
| Credit of Share (Tentative) | Jul 19, 2024 | Jul 22, 2024 |
| Listing date (Tentative) | Jul 22, 2024 | Jul 23, 2024 |
| Anchor Lockin End date 1 | Aug 17, 2024 | |
| Anchor Lockin End date 2 | Oct 16, 2024 | |
Financials & KPIs
Aelea Commodities IPO P/E ratio is 11.62, as compared to Tunwal E-Motors IPO P/E ratio of 20.71.
Shares Offered
In the Aelea Commodities IPO Retail Individual Investors (RII) are offered 17,85,600 shares while in Tunwal E-Motors IPO retail investors are offered 17,85,600 shares. Qualified Institutional Buyers (QIB) are offered 10,20,000 shares in Aelea Commodities IPO and in Tunwal E-Motors IPO.
| | Aelea Commodities IPO | Tunwal E-Motors IPO |
|---|
| Anchor Investor Reservation | 15,28,800 shares | |
| Market Maker Reservation | 2,68,800 shares | 9,80,000 shares |
| QIB | 10,20,000 shares | |
| NII | 7,65,600 shares | 93,10,000 shares |
| RII | 17,85,600 shares | 93,10,000 shares |
| Employee | | |
| Others | | |
| Total | 51,00,000 shares | 1,86,20,000 shares |
Bids Received (Subscription)
Aelea Commodities IPO subscribed 195.83x in total, whereas Tunwal E-Motors IPO subscribed 12.31x.
