Aeron Composite IPO vs Indian Phosphate IPO

Comparision between Aeron Composite IPO and Indian Phosphate IPO.

IPO Details

Aeron Composite IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Indian Phosphate IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aeron Composite IPO	Indian Phosphate IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Maashitla Securities Private Limited	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
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 Indian Phosphate IPO is up to ₹67.36 Cr. The final issue price of Aeron Composite IPO is and of Indian Phosphate IPO is .

	Aeron Composite IPO	Indian Phosphate IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share	₹94.00 per share
Issue Price (Upper)	₹125.00 per share	₹99.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	44,88,000 shares	68,04,000 shares
Fresh Issue Size (Amount)	up to ₹56.10 Cr	up to ₹67.36 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	44,88,000 shares	68,04,000 shares
Issue Size Total (Amount)	up to ₹56.10 Cr	up to ₹67.36 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Indian Phosphate IPO opens on Aug 26, 2024. The closing date of Aeron Composite IPO and Indian Phosphate IPO is Aug 30, 2024, and Aug 29, 2024, respectively.

	Aeron Composite IPO	Indian Phosphate IPO
Anchor Bid Date	Aug 27, 2024	Aug 23, 2024
Issue Open	Aug 28, 2024	Aug 26, 2024
Issue Close	Aug 30, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 03, 2024
Anchor Lockin End date 1	Oct 02, 2024	Sep 29, 2024
Anchor Lockin End date 2	Dec 01, 2024	Nov 28, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Indian Phosphate IPO P/E ratio of 14.88.

Aeron Composite IPO

Indian Phosphate 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

Indian Phosphate Limited Financial Information (Restated Consolidated)

Indian Phosphate Limited's revenue decreased by -7% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	25,518.6	17,407.45	10,789.93	6,313.71
Revenue	71,757.81	77,093.2	55,838.56	41,501.81
Profit After Tax	1,210.21	1,659.53	1,616.61	509.44
Net Worth	8,099.06	6,751.8	5,092.27	3,475.66
Reserves and Surplus	6,280.56	6,480.37	4,820.84	3,204.23
Total Borrowing	4,023.17	1,535.48	1,830.58	434.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.63%

P/E Ratio

23.69

14.88

Market Cap

₹212.75 Cr.

₹247.40 Cr.

ROE

31.33%

18.14%%

ROCE

29.67%

20.93%%

Debt/Equity

0.35

EPS

₹5.28

₹6.65

RoNW

27.09%

16.63%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered while in Indian Phosphate IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Aeron Composite IPO and in Indian Phosphate IPO.

	Aeron Composite IPO	Indian Phosphate IPO
Anchor Investor Reserveration		1,91,28,400 shares
Market Maker Reserveration	2,28,000 shares	3,73,200 shares
QIB
NII
RII
Employee	2,10,000 shares
Others
Total

Bids Received (Subscription)

Aeron Composite IPO subscribed in total, whereas Indian Phosphate IPO subscribed .

	Aeron Composite IPO	Indian Phosphate IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Aeron Composite IPO	Indian Phosphate IPO
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Archit Nuwood Industries IPO	Aeron Composite IPO
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Indian Phosphate IPO	Resourceful Automobile IPO
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