AKI India IPO vs Iris Clothings DoReMe IPO

Comparision between AKI India IPO and Iris Clothings DoReMe IPO.

IPO Details

AKI India IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Iris Clothings DoReMe IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	AKI India IPO	Iris Clothings DoReMe IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Vc Corporate Advisors Pvt Ltd (Vcapl)
Registrar	Link Intime India Private Ltd	Cameo Corporate Services Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of AKI India IPO is up to ₹3.08 Cr whereas the issue size of the Iris Clothings DoReMe IPO is up to ₹11.07 Cr. The final issue price of AKI India IPO is ₹11.00 per share and of Iris Clothings DoReMe IPO is ₹90.00 per share.

	AKI India IPO	Iris Clothings DoReMe IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹11.00 per share	₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,00,000 shares	12,30,400 shares
Issue Size Total (Amount)	up to ₹3.08 Cr	up to ₹11.07 Cr

IPO Timetable

AKI India IPO opens on Sep 28, 2018, while Iris Clothings DoReMe IPO opens on Oct 10, 2018. The closing date of AKI India IPO and Iris Clothings DoReMe IPO is Oct 05, 2018, and Oct 12, 2018, respectively.

	AKI India IPO	Iris Clothings DoReMe IPO
Anchor Bid Date
Issue Open	Sep 28, 2018	Oct 10, 2018
Issue Close	Oct 05, 2018	Oct 12, 2018
Basis Of Allotment (Tentative)		Oct 17, 2018
Initiation of Refunds (Tentative)		Oct 17, 2018
Credit of Share (Tentative)		Oct 19, 2018
Listing date (Tentative)		Oct 23, 2018
Anchor Lockin End date 1		Nov 16, 2018
Anchor Lockin End date 2		Jan 15, 2019

Financials

AKI India IPO P/E ratio is , as compared to Iris Clothings DoReMe IPO P/E ratio of .

AKI India IPO

Iris Clothings DoReMe IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,575.64	3,992.77	3,910.23	3,665.68	2,580.79
Total Revenue	4,536.26	4,269.87	4,067.47	3,180.03	1,541.05
Profit After Tax	102.22	15.11	14.26	(63.45)	12.95

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	3,686.46	4,004.96	3,968.67	3,803.53	2,744.98
Total Revenue	4,912.56	4,345.24	4,236.85	3,501.34	1,821.75
Profit After Tax	110.71	10.56	16.65	(108.07)	1.95

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,042.83	3,978.58	3,182.40	2,661.01	2,968.46	2,893.88
Total Revenue	1,484.70	5,310.12	4,689.14	3,699.20	3,009.49	2,498.51
Profit After Tax	117.08	337.90	159.73	64.61	24.23	68.08

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the AKI India IPO retail investors (RII) are offered 13,30,000 shares while in Iris Clothings DoReMe IPO retail investors are offered 13,30,000 shares. Qualified institutional buyers (QIB) are offered in AKI India IPO and in Iris Clothings DoReMe IPO.

	AKI India IPO	Iris Clothings DoReMe IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,40,000 shares	62,400 shares
QIB
NII	13,30,000 shares	5,84,000 shares
RII	13,30,000 shares	5,84,000 shares
Employee
Others
Total	26,60,000 shares	11,68,000 shares

Bids Received (Subscription)

AKI India IPO subscribed 1.56x in total, whereas Iris Clothings DoReMe IPO subscribed 1.14x.

	AKI India IPO	Iris Clothings DoReMe IPO
QIB (times)
NII (times)	2.14x	2.01x
Big NII (times)
Small NII (times)
RII (times)	0.99x	0.27x
Employee (times)
Other (times)
Total (times)	1.56x	1.14x

Compare with others

AKI India IPO	Iris Clothings DoReMe IPO
Shubhlaxmi Jewel IPO	Agarwal Packers and Movers IPO
Ultra Wiring Connectivity IPO	Shree Krishna Infrastructure IPO
Iris Clothings DoReMe IPO	Roni Households IPO
BCPL Railway Infrastructure BRIL IPO	Shubhlaxmi Jewel IPO
S M Gold IPO	Ultra Wiring Connectivity IPO
Veeram Infra Engineering IPO	BCPL Railway Infrastructure BRIL IPO
B&B Triplewall IPO	S M Gold IPO
Sun Retail IPO	AKI India IPO
Shubham Polyspin IPO	Veeram Infra Engineering IPO
Dolfin Rubbers IPO	B&B Triplewall IPO

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