Aeroflex Industries IPO vs Ratnaveer Precision Engineering IPO

Comparision between Aeroflex Industries IPO and Ratnaveer Precision Engineering IPO.

IPO Details

Aeroflex Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ratnaveer Precision Engineering IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aeroflex Industries IPO	Ratnaveer Precision Engineering 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	Unistone Capital Pvt Ltd
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 Ratnaveer Precision Engineering IPO is up to ₹165.03 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Ratnaveer Precision Engineering IPO is ₹98.00 per share.

	Aeroflex Industries IPO	Ratnaveer Precision Engineering IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share	₹93.00 per share
Issue Price (Upper)	₹108.00 per share	₹98.00 per share
Issue Price (Final)	₹108.00 per share	₹98.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	130 shares	150 shares
Fresh Issue Size	1,50,00,000 shares	1,38,00,000 shares
Fresh Issue Size (Amount)	up to ₹162.00 Cr	up to ₹135.24 Cr
OFS Issue Size	1,75,00,000 shares	30,40,000 shares
OFS Issue Size (Amount)	up to ₹189.00 Cr	up to ₹29.79 Cr
Issue Size Total	3,25,00,000 shares	1,68,40,000 shares
Issue Size Total (Amount)	up to ₹351.00 Cr	up to ₹165.03 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Ratnaveer Precision Engineering IPO opens on Sep 04, 2023. The closing date of Aeroflex Industries IPO and Ratnaveer Precision Engineering IPO is Aug 24, 2023, and Sep 06, 2023, respectively.

	Aeroflex Industries IPO	Ratnaveer Precision Engineering IPO
Anchor Bid Date	Aug 21, 2023	Sep 01, 2023
Issue Open	Aug 22, 2023	Sep 04, 2023
Issue Close	Aug 24, 2023	Sep 06, 2023
Basis Of Allotment (Tentative)	Aug 29, 2023	Sep 07, 2023
Initiation of Refunds (Tentative)	Aug 30, 2023	Sep 08, 2023
Credit of Share (Tentative)	Aug 31, 2023	Sep 08, 2023
Listing date (Tentative)	Aug 31, 2023	Sep 11, 2023
Anchor Lockin End date 1	Sep 28, 2023	Oct 07, 2023
Anchor Lockin End date 2	Nov 27, 2023	Dec 06, 2023

Financials

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Ratnaveer Precision Engineering IPO P/E ratio of .

Aeroflex Industries IPO

Ratnaveer Precision Engineering 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

Ratnaveer Precision Engineering IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	255.92	308.63	389.05
Revenue	364.05	428.47	481.14
Profit After Tax	5.46	9.48	25.04
Net Worth	56.58	65.97	106.05
Reserves and Surplus	52.32	61.71	71.16
Total Borrowing	150.76	190.73	229.99

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.09%

86.3%

Promoter Shareholding (Post-Issue)

66.99%

55.48%

P/E Ratio

40.91

Market Cap

₹475.29 Cr.

ROE

26.43%%

29.12%%

ROCE

31.96%%

12.62%%

Debt/Equity

0.39

2.17

EPS

₹2.64

₹7.26

RoNW

26.43%%

29.12%%

Shares Offered

In the Aeroflex Industries IPO retail investors (RII) are offered 1,15,08,824 shares while in Ratnaveer Precision Engineering 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 33,68,000 shares in Ratnaveer Precision Engineering IPO.

	Aeroflex Industries IPO	Ratnaveer Precision Engineering IPO
Anchor Investor Reserveration	95,99,980 shares	50,52,000 shares
Market Maker Reserveration
QIB	62,76,490 shares	33,68,000 shares
NII	49,32,353 shares	25,26,000 shares
RII	1,15,08,824 shares	58,94,000 shares
Employee	0 shares	0 shares
Others
Total	2,32,17,667 shares	1,17,88,000 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Ratnaveer Precision Engineering IPO subscribed 93.99x.

	Aeroflex Industries IPO	Ratnaveer Precision Engineering IPO
QIB (times)	194.73x	133.05x
NII (times)	126.13x	135.21x
Big NII (times)	125.80x	130.63x
Small NII (times)	126.80x	144.37x
RII (times)	34.41x	54.00x
Employee (times)
Other (times)	28.52x
Total (times)	97.11x	93.99x

Compare with others

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

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