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Avax Apparels IPO vs WOL 3D India IPO

Comparison between Avax Apparels IPO and WOL 3D India IPO.

IPO Details

Avax Apparels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while WOL 3D India IPO is a SME Bookbuilding proposed to list at NSE SME.

 Avax Apparels IPOWOL 3D India IPO
LogoAvax Apparels IPO LogoWOL 3D India IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersSKI Capital Services Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSKI Capital Services Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Avax Apparels IPO is up to ₹1.82 Cr whereas the issue size of the WOL 3D India IPO is up to ₹24.24 Cr. The final issue price of Avax Apparels IPO is ₹70.00 per share and of WOL 3D India IPO is ₹150.00 per share.

 Avax Apparels IPOWOL 3D India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹142.00 per share
Issue Price (Upper)₹150.00 per share
Issue Price (Final)₹70.00 per share₹150.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size2,60,000 shares13,64,000 shares
Fresh Issue Size (Amount)up to ₹1.82 Crup to ₹20.46 Cr
OFS Issue Size0 shares2,52,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹3.78 Cr
Issue Size Total2,60,000 shares16,16,000 shares
Issue Size Total (Amount)up to ₹1.82 Crup to ₹24.24 Cr

IPO Timetable

Avax Apparels IPO opens on Jan 07, 2025, while WOL 3D India IPO opens on Sep 23, 2024. The closing date of Avax Apparels IPO and WOL 3D India IPO is Jan 09, 2025, and Sep 25, 2024, respectively.

 Avax Apparels IPOWOL 3D India IPO
Anchor Bid DateSep 20, 2024
Issue OpenJan 07, 2025Sep 23, 2024
Issue CloseJan 09, 2025Sep 25, 2024
Basis Of Allotment (Tentative)Jan 10, 2025Sep 26, 2024
Initiation of Refunds (Tentative)Jan 13, 2025Sep 27, 2024
Credit of Share (Tentative)Jan 13, 2025Sep 27, 2024
Listing date (Tentative)Jan 14, 2025Sep 30, 2024
Anchor Lockin End date 1Oct 26, 2024
Anchor Lockin End date 2Dec 25, 2024

Financials & KPIs

Avax Apparels IPO P/E ratio is 3.88, as compared to WOL 3D India IPO P/E ratio of 14.9.

 Avax Apparels IPOWOL 3D India IPO
Financials

Avax Apparels And Ornaments Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,089.09484.6346.8957.66
Total Income1,500.932,205.981,470.2128.87
Profit After Tax90.61138.1969.441.01
Net Worth405.3314.68176.491.65
Total Borrowing72.0271.530
Amount in ₹ Lakhs

WOL 3D India Limited Financial Information (Restated)

WOL 3D India Limited's revenue increased by 69% and profit after tax (PAT) rose by 109% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,456.271,390.881,002.62671.94
Total Income4,001.432,371.322,037.031,683.9
Profit After Tax503.3240.5684.4288.03
Net Worth1,061.22566.8326.25241.83
Reserves and Surplus761.22266.8226.25141.83
Total Borrowing572.6678.98509.78336.75
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)57.0089.53
Promoter Shareholding (Post-Issue)41.9765.48
P/E Ratio3.8814.9
Market Cap₹7.27 Cr.₹96.78 Cr.
ROE43.91%61.83%
ROCE61.68%42.50%
Debt/Equity0.54
EPS₹18.06₹10.07
RoNW43.91%47.43%

Shares Offered

In the Avax Apparels IPO Retail Individual Investors (RII) are offered 1,30,000 shares while in WOL 3D India IPO retail investors are offered 1,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Avax Apparels IPO and 3,23,000 shares in WOL 3D India IPO.

 Avax Apparels IPOWOL 3D India IPO
Anchor Investor Reserveration0 shares4,84,000 shares
Market Maker Reserveration14,000 shares88,000 shares
QIB0 shares3,23,000 shares
NII1,30,000 shares2,43,000 shares
RII1,30,000 shares5,66,000 shares
Employee0 shares
Others
Total2,60,000 shares16,16,000 shares

Bids Received (Subscription)

Avax Apparels IPO subscribed 260.42x in total, whereas WOL 3D India IPO subscribed 373.86x.

 Avax Apparels IPOWOL 3D India IPO
QIB (times)101.24x
NII (times)140.46x748.81x
Big NII (times)
Small NII (times)
RII (times)372.35x368.47x
Employee (times)
Other (times)
Total (times)260.42x373.86x