Aeroflex Industries IPO vs Pyramid Technoplast IPO

Comparision between Aeroflex Industries IPO and Pyramid Technoplast IPO.

IPO Details

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

	Aeroflex Industries IPO	Pyramid Technoplast 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	Pnb Investment Services Ltd First Overseas Capital Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Pyramid Technoplast IPO is up to ₹153.05 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Pyramid Technoplast IPO is ₹166.00 per share.

	Aeroflex Industries IPO	Pyramid Technoplast IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share	₹151.00 per share
Issue Price (Upper)	₹108.00 per share	₹166.00 per share
Issue Price (Final)	₹108.00 per share	₹166.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	130 shares	90 shares
Fresh Issue Size	1,50,00,000 shares	55,00,000 shares
Fresh Issue Size (Amount)	up to ₹162.00 Cr	up to ₹91.30 Cr
OFS Issue Size	1,75,00,000 shares	37,20,000 shares
OFS Issue Size (Amount)	up to ₹189.00 Cr	up to ₹61.75 Cr
Issue Size Total	3,25,00,000 shares	92,20,000 shares
Issue Size Total (Amount)	up to ₹351.00 Cr	up to ₹153.05 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Pyramid Technoplast IPO opens on Aug 18, 2023. The closing date of Aeroflex Industries IPO and Pyramid Technoplast IPO is Aug 24, 2023, and Aug 22, 2023, respectively.

	Aeroflex Industries IPO	Pyramid Technoplast IPO
Anchor Bid Date	Aug 21, 2023	Aug 17, 2023
Issue Open	Aug 22, 2023	Aug 18, 2023
Issue Close	Aug 24, 2023	Aug 22, 2023
Basis Of Allotment (Tentative)	Aug 29, 2023	Aug 25, 2023
Initiation of Refunds (Tentative)	Aug 30, 2023	Aug 28, 2023
Credit of Share (Tentative)	Aug 31, 2023	Aug 29, 2023
Listing date (Tentative)	Aug 31, 2023	Aug 29, 2023
Anchor Lockin End date 1	Sep 28, 2023	Sep 24, 2023
Anchor Lockin End date 2	Nov 27, 2023	Nov 23, 2023

Financials

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Pyramid Technoplast IPO P/E ratio of 16.21.

Aeroflex Industries IPO

Pyramid Technoplast 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

Pyramid Technoplast IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	153.46	183.76	225.78
Revenue	316.18	402.64	482.03
Profit After Tax	16.99	26.15	31.76
Net Worth	48.85	75.20	107.25
Reserves and Surplus	44.94	71.29	75.97
Total Borrowing	51.30	64.77	55.34

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.09%

100.00%

Promoter Shareholding (Post-Issue)

66.99%

74.94%

P/E Ratio

40.91

16.21

Market Cap

₹611.00 Cr.

ROE

26.43%%

29.61%%

ROCE

31.96%%

21.37%%

Debt/Equity

0.39

EPS

₹2.64

₹10.24

RoNW

26.43%%

29.61%%

Shares Offered

In the Aeroflex Industries IPO retail investors (RII) are offered 1,15,08,824 shares while in Pyramid Technoplast 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 11,06,400 shares in Pyramid Technoplast IPO.

	Aeroflex Industries IPO	Pyramid Technoplast IPO
Anchor Investor Reserveration	95,99,980 shares	16,59,600 shares
Market Maker Reserveration
QIB	62,76,490 shares	11,06,400 shares
NII	49,32,353 shares	18,44,000 shares
RII	1,15,08,824 shares	46,10,000 shares
Employee	0 shares	0 shares
Others
Total	2,32,17,667 shares	75,60,400 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Pyramid Technoplast IPO subscribed 18.29x.

	Aeroflex Industries IPO	Pyramid Technoplast IPO
QIB (times)	194.73x	9.94x
NII (times)	126.13x	32.24x
Big NII (times)	125.80x	33.81x
Small NII (times)	126.80x	29.09x
RII (times)	34.41x	14.72x
Employee (times)
Other (times)	28.52x
Total (times)	97.11x	18.29x

Compare with others

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

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