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.
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.
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 IPO | Uma Converter IPO |
|---|
| Issue Open | Dec 16, 2022 | Dec 15, 2022 |
| Issue Close | Dec 21, 2022 | Dec 21, 2022 |
| Basis Of Allotment (Tentative) | Dec 26, 2022 | Dec 26, 2022 |
| Initiation of Refunds (Tentative) | Dec 27, 2022 | Dec 27, 2022 |
| Credit of Share (Tentative) | Dec 28, 2022 | Dec 28, 2022 |
| Listing date (Tentative) | Dec 29, 2022 | Dec 29, 2022 |
Financials & KPIs
Arihant Academy IPO P/E ratio is 19.11, as compared to Uma Converter IPO P/E ratio of 10.31.
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 IPO | Uma Converter IPO |
|---|
| Market Maker Reservation | 83,200 shares | 3,00,000 shares |
| NII | 7,76,000 shares | 26,40,000 shares |
| RII | 7,76,000 shares | 26,40,000 shares |
| Total | 15,52,000 shares | 52,80,000 shares |
Bids Received (Subscription)
Arihant Academy IPO subscribed 235.87x in total, whereas Uma Converter IPO subscribed 16.66x.
