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Arihant Academy IPO vs Uma Converter IPO

Comparison between Arihant Academy IPO and Uma Converter IPO.

IPO Details

Arihant Academy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Uma Converter IPO is a SME Fixed Price proposed to list at NSE SME.

 Arihant Academy IPOUma Converter IPO
LogoArihant Academy IPO LogoUma Converter IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersShreni Shares Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.SMC Global Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Arihant Academy IPO is up to ₹13.97 Cr whereas the issue size of the Uma Converter IPO is up to ₹17.42 Cr. The final issue price of Arihant Academy IPO is ₹90.00 per share and of Uma Converter IPO is ₹33.00 per share.

 Arihant Academy IPOUma Converter IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹90.00 per share₹33.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares4000 shares
Fresh Issue Size15,52,000 shares52,80,000 shares
Fresh Issue Size (Amount)up to ₹13.97 Crup to ₹17.42 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,52,000 shares52,80,000 shares
Issue Size Total (Amount)up to ₹13.97 Crup to ₹17.42 Cr

IPO Timetable

Arihant Academy IPO opens on Dec 16, 2022, while Uma Converter IPO opens on Dec 15, 2022. The closing date of Arihant Academy IPO and Uma Converter IPO is Dec 21, 2022, and Dec 21, 2022, respectively.

 Arihant Academy IPOUma Converter IPO
Anchor Bid Date
Issue OpenDec 16, 2022Dec 15, 2022
Issue CloseDec 21, 2022Dec 21, 2022
Basis Of Allotment (Tentative)Dec 26, 2022Dec 26, 2022
Initiation of Refunds (Tentative)Dec 27, 2022Dec 27, 2022
Credit of Share (Tentative)Dec 28, 2022Dec 28, 2022
Listing date (Tentative)Dec 29, 2022Dec 29, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Arihant Academy IPO P/E ratio is 19.11, as compared to Uma Converter IPO P/E ratio of 10.31.

 Arihant Academy IPOUma Converter IPO
Financials
Arihant Academy Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20814.31921.1242.09177.17177.1789.38
31-Mar-21829.091409.77112.56289.73289.7348.98
31-Mar-221104.261531.97201.86491.59491.59127.6
Amount in ₹ Lakhs
Uma Converter Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-2011296.4110398.45281.913864.475385.15
31-Mar-2113936.0215911.11445.094314.256543.22
31-Mar-2215140.9218720.79494.964812.587431.19
30-Sep-2216452.329209.58324.155138.427856.05
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0095.00
Promoter Shareholding (Post-Issue)73.0068.86
P/E Ratio19.1110.31
Market Cap₹54.50 Cr.₹66.91 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Arihant Academy IPO Retail Individual Investors (RII) are offered 7,76,000 shares while in Uma Converter IPO retail investors are offered 7,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Arihant Academy IPO and in Uma Converter IPO.

 Arihant Academy IPOUma Converter IPO
Anchor Investor Reserveration
Market Maker Reserveration83,200 shares3,00,000 shares
QIB
NII7,76,000 shares26,40,000 shares
RII7,76,000 shares26,40,000 shares
Employee
Others
Total15,52,000 shares52,80,000 shares

Bids Received (Subscription)

Arihant Academy IPO subscribed 235.87x in total, whereas Uma Converter IPO subscribed 16.66x.

 Arihant Academy IPOUma Converter IPO
QIB (times)
NII (times)242.89x15.50x
Big NII (times)
Small NII (times)
RII (times)228.85x17.82x
Employee (times)
Other (times)
Total (times)235.87x16.66x