Comparison between Ashoka Metcast IPO and Vasa Retail IPO.
Ashoka Metcast IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vasa Retail IPO is a SME Fixed Price proposed to list at NSE SME.
| Ashoka Metcast IPO | Vasa Retail IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Hem Finlease Pvt.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 Ashoka Metcast IPO is up to ₹11.38 Cr whereas the issue size of the Vasa Retail IPO is up to ₹4.54 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Vasa Retail IPO is ₹30.00 per share.
| Ashoka Metcast IPO | Vasa Retail IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹20.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 4000 shares |
| Fresh Issue Size | 56,88,000 shares | 15,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.38 Cr | up to ₹4.54 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 | 56,88,000 shares | 15,12,000 shares |
| Issue Size Total (Amount) | up to ₹11.38 Cr | up to ₹4.54 Cr |
Ashoka Metcast IPO opens on Jan 23, 2018, while Vasa Retail IPO opens on Jan 24, 2018. The closing date of Ashoka Metcast IPO and Vasa Retail IPO is Jan 25, 2018, and Jan 29, 2018, respectively.
| Ashoka Metcast IPO | Vasa Retail IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 23, 2018 | Jan 24, 2018 |
| Issue Close | Jan 25, 2018 | Jan 29, 2018 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 05, 2018 | Feb 06, 2018 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Metcast IPO P/E ratio is , as compared to Vasa Retail IPO P/E ratio of .
| Ashoka Metcast IPO | Vasa Retail IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹21.42 Cr. | ₹17.98 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Ashoka Metcast IPO Retail Individual Investors (RII) are offered 28,44,000 shares while in Vasa Retail IPO retail investors are offered 28,44,000 shares. Qualified Institutional Buyers (QIB) are offered in Ashoka Metcast IPO and in Vasa Retail IPO.
| Ashoka Metcast IPO | Vasa Retail IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,12,000 shares | 88,000 shares |
| QIB | ||
| NII | 28,44,000 shares | 7,56,000 shares |
| RII | 28,44,000 shares | 7,56,000 shares |
| Employee | ||
| Others | ||
| Total | 56,88,000 shares | 15,12,000 shares |
Ashoka Metcast IPO subscribed 1.57x in total, whereas Vasa Retail IPO subscribed 217.70x.
| Ashoka Metcast IPO | Vasa Retail IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.51x | 175.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.63x | 259.96x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.57x | 217.70x |
