Comparison between Arihant Institute IPO and Waa Solar IPO.
IPO Details
Arihant Institute IPO is a SME Fixed Price IPO proposed to list at BSE SME while Waa Solar IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Arihant Institute IPO is up to ₹7.10 Cr whereas the issue size of the Waa Solar IPO is up to ₹30.53 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Waa Solar IPO is ₹161.00 per share.
| | Arihant Institute IPO | Waa Solar IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹30.00 per share | ₹161.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 800 shares |
| Fresh Issue Size | 23,68,000 shares | 16,46,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.10 Cr | up to ₹26.50 Cr |
| OFS Issue Size | 0 shares | 2,50,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.03 Cr |
| Issue Size Total | 23,68,000 shares | 18,96,000 shares |
| Issue Size Total (Amount) | up to ₹7.10 Cr | up to ₹30.53 Cr |
IPO Timetable
Arihant Institute IPO opens on May 23, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Arihant Institute IPO and Waa Solar IPO is May 28, 2018, and Jun 04, 2018, respectively.
Financials & KPIs
Arihant Institute IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .
Shares Offered
In the Arihant Institute IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Waa Solar IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Arihant Institute IPO and 0 shares in Waa Solar IPO.
| | Arihant Institute IPO | Waa Solar IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,32,000 shares | 1,04,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,84,000 shares | 9,48,000 shares |
| RII | 11,84,000 shares | 9,48,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 23,68,000 shares | 18,96,000 shares |
Bids Received (Subscription)
Arihant Institute IPO subscribed 2.20x in total, whereas Waa Solar IPO subscribed 1.60x.
