Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Ashapura Logistics IPO vs Utssav CZ Gold Jewels IPO

Comparison between Ashapura Logistics IPO and Utssav CZ Gold Jewels IPO.

IPO Details

Ashapura Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Utssav CZ Gold Jewels IPO is a SME Bookbuilding proposed to list at NSE SME.

 Ashapura Logistics IPOUtssav CZ Gold Jewels IPO
LogoAshapura Logistics IPO LogoUtssav CZ Gold Jewels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Choice Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Choice Equity Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Ashapura Logistics IPO is up to ₹50.03 Cr whereas the issue size of the Utssav CZ Gold Jewels IPO is up to ₹66.00 Cr. The final issue price of Ashapura Logistics IPO is ₹144.00 per share and of Utssav CZ Gold Jewels IPO is ₹110.00 per share.

 Ashapura Logistics IPOUtssav CZ Gold Jewels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹136.00 per share₹104.00 per share
Issue Price (Upper)₹144.00 per share₹110.00 per share
Issue Price (Final)₹144.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size34,74,000 shares60,00,000 shares
Fresh Issue Size (Amount)up to ₹50.03 Crup to ₹66.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total34,74,000 shares60,00,000 shares
Issue Size Total (Amount)up to ₹50.03 Crup to ₹66.00 Cr

IPO Timetable

Ashapura Logistics IPO opens on Jul 30, 2024, while Utssav CZ Gold Jewels IPO opens on Jul 31, 2024. The closing date of Ashapura Logistics IPO and Utssav CZ Gold Jewels IPO is Aug 01, 2024, and Aug 02, 2024, respectively.

 Ashapura Logistics IPOUtssav CZ Gold Jewels IPO
Anchor Bid DateJul 29, 2024Jul 30, 2024
Issue OpenJul 30, 2024Jul 31, 2024
Issue CloseAug 01, 2024Aug 02, 2024
Basis Of Allotment (Tentative)Aug 02, 2024Aug 05, 2024
Initiation of Refunds (Tentative)Aug 05, 2024Aug 06, 2024
Credit of Share (Tentative)Aug 05, 2024Aug 06, 2024
Listing date (Tentative)Aug 06, 2024Aug 07, 2024
Anchor Lockin End date 1Sep 01, 2024Sep 04, 2024
Anchor Lockin End date 2Oct 31, 2024Nov 03, 2024

Financials & KPIs

Ashapura Logistics IPO P/E ratio is 11.54, as compared to Utssav CZ Gold Jewels IPO P/E ratio of 26.92.

 Ashapura Logistics IPOUtssav CZ Gold Jewels IPO
Financials

Ashapura Logistics Limited Financial Information (Restated Consolidated)

Ashapura Logistics Limited's revenue decreased by -10.45% and profit after tax (PAT) rose by 30.46% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets12,644.8810,461.6611,568.76
Total Income19,934.5722,260.3122,713.84
Profit After Tax1,235.44946.98788.26
Net Worth6,532.314,796.603,852.04
Reserves and Surplus5,542.404,759.803,815.32
Total Borrowing12.909.878.17
Amount in ₹ Lakhs

Utssav Cz Gold Jewels Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets12,333.338,215.835,616.494,423.40
Total Income27,733.2023,971.5212,342.5312,030.66
Profit After Tax1,073.76714.96333.95161.87
Net Worth3,311.002,237.241,509.331,175.38
Reserves and Surplus2,891.001,817.241,089.33755.38
Total Borrowing7,703.164,966.023,601.973,016.08
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)92.4595.98
Promoter Shareholding (Post-Issue)67.51
P/E Ratio11.5426.92
Market Cap₹195.21 Cr.₹262.00 Cr.
ROE21.82%38.71%
ROCE20.69%20.43%
Debt/Equity0.632.33
EPS₹12.48₹4.09
RoNW18.92%38.71%

Shares Offered

In the Ashapura Logistics IPO Retail Individual Investors (RII) are offered 12,16,000 shares while in Utssav CZ Gold Jewels IPO retail investors are offered 12,16,000 shares. Qualified Institutional Buyers (QIB) are offered 6,96,000 shares in Ashapura Logistics IPO and 12,00,000 shares in Utssav CZ Gold Jewels IPO.

 Ashapura Logistics IPOUtssav CZ Gold Jewels IPO
Anchor Investor Reserveration10,40,000 shares18,00,000 shares
Market Maker Reserveration1,83,000 shares3,18,000 shares
QIB6,96,000 shares12,00,000 shares
NII5,22,000 shares9,00,000 shares
RII12,16,000 shares21,00,000 shares
Employee
Others
Total34,74,000 shares60,00,000 shares

Bids Received (Subscription)

Ashapura Logistics IPO subscribed 185.75x in total, whereas Utssav CZ Gold Jewels IPO subscribed 47.58x.

 Ashapura Logistics IPOUtssav CZ Gold Jewels IPO
QIB (times)128.23x36.43x
NII (times)289.33x64.47x
Big NII (times)
Small NII (times)
RII (times)174.21x46.71x
Employee (times)
Other (times)
Total (times)185.75x47.58x