Aeron Composite IPO vs Excellent Wires and Packaging IPO

Comparision between Aeron Composite IPO and Excellent Wires and Packaging IPO.

IPO Details

Aeron Composite IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Excellent Wires and Packaging IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Aeron Composite IPO	Excellent Wires and Packaging IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Inventure Merchant Banker Services Pvt Ltd
Registrar	Maashitla Securities Private Limited	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Inventure Growth & Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aeron Composite IPO is up to ₹56.10 Cr whereas the issue size of the Excellent Wires and Packaging IPO is up to ₹12.60 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Excellent Wires and Packaging IPO is ₹90.00 per share.

	Aeron Composite IPO	Excellent Wires and Packaging IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share
Issue Price (Upper)	₹125.00 per share
Issue Price (Final)	₹125.00 per share	₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	44,88,000 shares	14,00,000 shares
Fresh Issue Size (Amount)	up to ₹56.10 Cr	up to ₹12.60 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	44,88,000 shares	14,00,000 shares
Issue Size Total (Amount)	up to ₹56.10 Cr	up to ₹12.60 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Excellent Wires and Packaging IPO opens on Sep 11, 2024. The closing date of Aeron Composite IPO and Excellent Wires and Packaging IPO is Aug 30, 2024, and Sep 13, 2024, respectively.

	Aeron Composite IPO	Excellent Wires and Packaging IPO
Anchor Bid Date	Aug 27, 2024
Issue Open	Aug 28, 2024	Sep 11, 2024
Issue Close	Aug 30, 2024	Sep 13, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Sep 16, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 17, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 17, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 19, 2024
Anchor Lockin End date 1	Oct 02, 2024
Anchor Lockin End date 2	Dec 01, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Excellent Wires and Packaging IPO P/E ratio of 33.3.

Aeron Composite IPO

Excellent Wires and Packaging IPO

Financial

Aeron Composite Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,979.42	6,910.21	6,063.23	4,360.19
Revenue	18,080.35	18,199.26	10,992.5	7,906.12
Profit After Tax	942.23	661.15	362.12	255.3
Net Worth	3,478.19	2,535.96	1,557.35	1,208.23
Reserves and Surplus	3,321.54	2,379.31	1,427.35	1,078.23
Total Borrowing	1,208.23	1,399.62	1,255.54	1,042.7
Amount in ₹ Lakhs

Excellent Wires and Packaging Limited Financial Information (Restated Consolidated)

Excellent Wires and Packaging Limited's revenue increased by 6% and profit after tax (PAT) rose by 696% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	705.08	324.69	242.63
Revenue	1,540.82	1,448.46	728.85
Profit After Tax	82.98	10.43	4.73
Net Worth	397.09	17.11	6.68
Reserves and Surplus	362.09	15.11	4.68
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

91.90%

Promoter Shareholding (Post-Issue)

73.63%

63.12%

P/E Ratio

23.69

33.3

Market Cap

₹212.75 Cr.

₹40.23 Cr.

ROE

31.33%

ROCE

29.67%

Debt/Equity

0.35

EPS

₹5.28

₹2.70

RoNW

27.09%

20.90%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered 14,18,000 shares while in Excellent Wires and Packaging IPO retail investors are offered 14,18,000 shares. Qualified institutional buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 0 shares in Excellent Wires and Packaging IPO.

	Aeron Composite IPO	Excellent Wires and Packaging IPO
Anchor Investor Reserveration	12,14,000 shares
Market Maker Reserveration	2,28,000 shares	72,000 shares
QIB	8,10,000 shares	0 shares
NII	6,08,000 shares	6,64,000 shares
RII	14,18,000 shares	6,64,000 shares
Employee	0 shares	0 shares
Others
Total	28,36,000 shares	13,28,000 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Excellent Wires and Packaging IPO subscribed 20.37x.

	Aeron Composite IPO	Excellent Wires and Packaging IPO
QIB (times)	27.82x
NII (times)	75.53x	8.75x
Big NII (times)
Small NII (times)
RII (times)	33.77x	32.00x
Employee (times)
Other (times)
Total (times)	41.07x	20.37x

Compare with others

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Resourceful Automobile IPO	Aeron Composite IPO

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