Comparison between Arabian Petroleum IPO and Vishnusurya Projects IPO.
Arabian Petroleum IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vishnusurya Projects IPO is a SME Fixed Price proposed to list at NSE SME.
| Arabian Petroleum IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Khandwala Securities Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Nikunj Stock Brokers 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 Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Vishnusurya Projects IPO is up to ₹47.46 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Vishnusurya Projects IPO is ₹68.00 per share.
| Arabian Petroleum IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹70.00 per share | ₹68.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 27,44,000 shares | 69,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.21 Cr | up to ₹47.46 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 | 27,44,000 shares | 69,80,000 shares |
| Issue Size Total (Amount) | up to ₹19.21 Cr | up to ₹47.46 Cr |
Arabian Petroleum IPO opens on Sep 25, 2023, while Vishnusurya Projects IPO opens on Sep 29, 2023. The closing date of Arabian Petroleum IPO and Vishnusurya Projects IPO is Sep 27, 2023, and Oct 05, 2023, respectively.
| Arabian Petroleum IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 25, 2023 | Sep 29, 2023 |
| Issue Close | Sep 27, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 10, 2023 |
| Listing date (Tentative) | Oct 09, 2023 | Oct 10, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Vishnusurya Projects IPO P/E ratio of 2.69.
| Arabian Petroleum IPO | Vishnusurya Projects IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.45 | 62.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.51 | 2.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.24 Cr. | ₹167.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.08% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.47% | 31.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 1.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.08 | ₹25.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.08% | 27.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Vishnusurya Projects IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and in Vishnusurya Projects IPO.
| Arabian Petroleum IPO | Vishnusurya Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,48,000 shares | 3,70,000 shares |
| QIB | ||
| NII | 13,72,000 shares | 34,90,000 shares |
| RII | 13,72,000 shares | 34,90,000 shares |
| Employee | ||
| Others | ||
| Total | 27,44,000 shares | 69,80,000 shares |
Arabian Petroleum IPO subscribed 19.91x in total, whereas Vishnusurya Projects IPO subscribed 44.11x.
| Arabian Petroleum IPO | Vishnusurya Projects IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 15.72x | 36.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.19x | 43.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.91x | 44.11x |
