Comparison between Arabian Petroleum IPO and Vishnusurya Projects IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Vishnusurya Projects IPO P/E ratio of 2.69.
Shares Offered
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 |
|---|
| Market Maker Reservation | 1,48,000 shares | 3,70,000 shares |
| NII | 13,72,000 shares | 34,90,000 shares |
| RII | 13,72,000 shares | 34,90,000 shares |
| Total | 27,44,000 shares | 69,80,000 shares |
Bids Received (Subscription)
Arabian Petroleum IPO subscribed 19.46x in total, whereas Vishnusurya Projects IPO subscribed 39.97x.
