Comparison between AKM Lace IPO and Vanta Bioscience IPO.
AKM Lace IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vanta Bioscience IPO is a SME Fixed Price proposed to list at BSE SME.
| AKM Lace IPO | Vanta Bioscience IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Inventure Growth & Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AKM Lace IPO is up to ₹4.50 Cr whereas the issue size of the Vanta Bioscience IPO is up to ₹7.17 Cr. The final issue price of AKM Lace IPO is ₹25.00 per share and of Vanta Bioscience IPO is ₹50.00 per share.
| AKM Lace IPO | Vanta Bioscience IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹25.00 per share | ₹50.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 3000 shares |
| Fresh Issue Size | 18,00,000 shares | 14,34,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.50 Cr | up to ₹7.17 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 | 18,00,000 shares | 14,34,000 shares |
| Issue Size Total (Amount) | up to ₹4.50 Cr | up to ₹7.17 Cr |
AKM Lace IPO opens on Sep 20, 2017, while Vanta Bioscience IPO opens on Sep 25, 2017. The closing date of AKM Lace IPO and Vanta Bioscience IPO is Sep 22, 2017, and Sep 27, 2017, respectively.
| AKM Lace IPO | Vanta Bioscience IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 20, 2017 | Sep 25, 2017 |
| Issue Close | Sep 22, 2017 | Sep 27, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 29, 2017 | Oct 06, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
AKM Lace IPO P/E ratio is , as compared to Vanta Bioscience IPO P/E ratio of .
| AKM Lace IPO | Vanta Bioscience IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹7.53 Cr. | ₹28.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the AKM Lace IPO Retail Individual Investors (RII) are offered 9,00,000 shares while in Vanta Bioscience IPO retail investors are offered 9,00,000 shares. Qualified Institutional Buyers (QIB) are offered in AKM Lace IPO and in Vanta Bioscience IPO.
| AKM Lace IPO | Vanta Bioscience IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,02,000 shares | 78,000 shares |
| QIB | ||
| NII | 9,00,000 shares | 7,17,000 shares |
| RII | 9,00,000 shares | 7,17,000 shares |
| Employee | ||
| Others | ||
| Total | 18,00,000 shares | 14,34,000 shares |
AKM Lace IPO subscribed 1.21x in total, whereas Vanta Bioscience IPO subscribed 1.44x.
| AKM Lace IPO | Vanta Bioscience IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.51x | 1.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.91x | 1.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 1.44x |
