Aeroflex Industries IPO vs Concord Biotech IPO

Comparision between Aeroflex Industries IPO and Concord Biotech IPO.

IPO Details

Aeroflex Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Concord Biotech IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aeroflex Industries IPO	Concord Biotech IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jefferies India Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the Concord Biotech IPO is up to ₹1,551.00 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Concord Biotech IPO is ₹741.00 per share.

	Aeroflex Industries IPO	Concord Biotech IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹102.00 per share	₹705.00 per share
Issue Price (Upper)	₹108.00 per share	₹741.00 per share
Issue Price (Final)	₹108.00 per share	₹741.00 per share
Discount (Retail)
Discount (Employee)		₹70.00 per share
Market Lot Size	130 shares	20 shares
Fresh Issue Size	1,50,00,000 shares
Fresh Issue Size (Amount)	up to ₹162.00 Cr
OFS Issue Size	1,75,00,000 shares	2,09,25,652 shares
OFS Issue Size (Amount)	up to ₹189.00 Cr	up to ₹1,551.00 Cr
Issue Size Total	3,25,00,000 shares	2,09,25,652 shares
Issue Size Total (Amount)	up to ₹351.00 Cr	up to ₹1,551.00 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Concord Biotech IPO opens on Aug 04, 2023. The closing date of Aeroflex Industries IPO and Concord Biotech IPO is Aug 24, 2023, and Aug 08, 2023, respectively.

	Aeroflex Industries IPO	Concord Biotech IPO
Anchor Bid Date	Aug 21, 2023	Aug 03, 2023
Issue Open	Aug 22, 2023	Aug 04, 2023
Issue Close	Aug 24, 2023	Aug 08, 2023
Basis Of Allotment (Tentative)	Aug 29, 2023	Aug 11, 2023
Initiation of Refunds (Tentative)	Aug 30, 2023	Aug 14, 2023
Credit of Share (Tentative)	Aug 31, 2023	Aug 17, 2023
Listing date (Tentative)	Aug 31, 2023	Aug 18, 2023
Anchor Lockin End date 1	Sep 28, 2023	Sep 10, 2023
Anchor Lockin End date 2	Nov 27, 2023	Nov 09, 2023

Financials

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Concord Biotech IPO P/E ratio of 32.29.

Aeroflex Industries IPO

Concord Biotech IPO

Financial

Aeroflex Industries IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	157.19	161.64	183.44	213.98
Revenue	144.94	144.84	240.99	269.48
Profit After Tax	4.69	6.01	27.51	30.15
Net Worth	52.70	58.72	86.22	114.09
Reserves and Surplus
Total Borrowing	63.46	53.07	39.13	45.01

Amount in ₹ Crore

Concord Biotech IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,182.55	1,312.80	1,513.98
Revenue	630.75	736.35	888.48
Profit After Tax	234.89	174.93	240.08
Net Worth	999.37	1,103.22	1,290.00
Reserves and Surplus
Total Borrowing	86.35	60.59	31.24

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.09%

44.08%

Promoter Shareholding (Post-Issue)

66.99%

44.08%

P/E Ratio

40.91

32.29

Market Cap

₹7752.06 Cr.

ROE

26.43%%

20.06%%

ROCE

31.96%%

24.27%%

Debt/Equity

0.39

EPS

₹2.64

₹20.79

RoNW

26.43%%

20%%

Shares Offered

In the Aeroflex Industries IPO retail investors (RII) are offered 1,15,08,824 shares while in Concord Biotech IPO retail investors are offered 1,15,08,824 shares. Qualified institutional buyers (QIB) are offered 62,76,490 shares in Aeroflex Industries IPO and 41,83,130 shares in Concord Biotech IPO.

	Aeroflex Industries IPO	Concord Biotech IPO
Anchor Investor Reserveration	95,99,980 shares	62,74,695 shares
Market Maker Reserveration
QIB	62,76,490 shares	41,83,130 shares
NII	49,32,353 shares	31,37,348 shares
RII	1,15,08,824 shares	73,20,479 shares
Employee	0 shares	10,000 shares
Others
Total	2,32,17,667 shares	1,46,50,957 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Concord Biotech IPO subscribed 24.87x.

	Aeroflex Industries IPO	Concord Biotech IPO
QIB (times)	194.73x	67.67x
NII (times)	126.13x	16.99x
Big NII (times)	125.80x	19.30x
Small NII (times)	126.80x	12.37x
RII (times)	34.41x	3.78x
Employee (times)		24.48x
Other (times)	28.52x
Total (times)	97.11x	24.87x

Compare with others

Aeroflex Industries IPO	Concord Biotech IPO
EMS IPO	Vishnu Prakash R Punglia IPO
Jupiter Life Line Hospitals IPO	Aeroflex Industries IPO
Rishabh Instruments IPO	Pyramid Technoplast IPO
Ratnaveer Precision Engineering IPO	India Shelter Finance IPO
Vishnu Prakash R Punglia IPO	TVS Supply Chain Solutions IPO
Pyramid Technoplast IPO	SBFC Finance IPO
India Shelter Finance IPO	Yatharth Hospital IPO
TVS Supply Chain Solutions IPO	Netweb Technologies India IPO
Concord Biotech IPO	Utkarsh Small Finance Bank IPO
SBFC Finance IPO	Senco Gold IPO

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