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Arihant Institute IPO vs Waa Solar IPO

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.

 Arihant Institute IPOWaa Solar IPO
LogoArihant Institute IPO LogoWaa Solar IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersMonarch Networth Capital Ltd.Oneview Corporate Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerMonarch Networth Capital Ltd.Guiness Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 IPOWaa 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 Size4000 shares800 shares
Fresh Issue Size23,68,000 shares16,46,000 shares
Fresh Issue Size (Amount)up to ₹7.10 Crup to ₹26.50 Cr
OFS Issue Size0 shares2,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.03 Cr
Issue Size Total23,68,000 shares18,96,000 shares
Issue Size Total (Amount)up to ₹7.10 Crup 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.

 Arihant Institute IPOWaa Solar IPO
Issue OpenMay 23, 2018May 31, 2018
Issue CloseMay 28, 2018Jun 04, 2018
Basis Of Allotment (Tentative)May 31, 2018Jun 07, 2018
Listing date (Tentative)Jun 05, 2018Jun 12, 2018

Financials & KPIs

Arihant Institute IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

 Arihant Institute IPOWaa Solar IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 201831 Mar 201731 Mar 201631 Mar 2015
Assets6.795.875.757.30
Total Income1.141.691.673.86
Profit After Tax0.120.11-1.450.04
NET Worth5.703.60-1.160.28
Reserves and Surplus-1.13-2.40-2.51-1.07
Total Borrowing0.231.125.634.66
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Nov 201731 Mar 201731 Mar 201631 Mar 2015
Assets214.07200.19198.07218.82
Total Income16.2326.0746.9054.26
Profit After Tax1.624.286.3411.53
NET Worth115.48113.86109.5981.64
Reserves and Surplus115.21113.59109.3281.45
Total Borrowing89.0478.1377.24111.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.80%100%
Promoter Shareholding (Post-Issue)57.85%69.85%
Market Cap₹28.22 Cr.₹106.80 Cr.

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 IPOWaa Solar IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,32,000 shares1,04,000 shares
QIB0 shares0 shares
NII11,84,000 shares9,48,000 shares
RII11,84,000 shares9,48,000 shares
Employee0 shares0 shares
Total23,68,000 shares18,96,000 shares

Bids Received (Subscription)

Arihant Institute IPO subscribed 2.20x in total, whereas Waa Solar IPO subscribed 1.60x.

 Arihant Institute IPOWaa Solar IPO
NII (times)0.69x0.74x
RII (times)3.71x2.46x
Total (times)2.20x1.60x

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Compare:

Arihant Institute IPO Vs Waa Solar IPO