Aprameya Engineering IPO vs Trom Industries IPO

Comparision between Aprameya Engineering IPO and Trom Industries IPO.

IPO Details

Aprameya Engineering IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Trom Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aprameya Engineering IPO	Trom Industries 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	Expert Global Consultants Private Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker	Hem Finlease Private Limited	Sunflower Broking Private Limited
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 Aprameya Engineering IPO is up to ₹29.23 Cr whereas the issue size of the Trom Industries IPO is up to ₹31.37 Cr. The final issue price of Aprameya Engineering IPO is ₹58.00 per share and of Trom Industries IPO is ₹115.00 per share.

	Aprameya Engineering IPO	Trom Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹100.00 per share
Issue Price (Upper)	₹58.00 per share	₹115.00 per share
Issue Price (Final)	₹58.00 per share	₹115.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1200 shares
Fresh Issue Size	50,40,000 shares	27,27,600 shares
Fresh Issue Size (Amount)	up to ₹29.23 Cr	up to ₹31.37 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	50,40,000 shares	27,27,600 shares
Issue Size Total (Amount)	up to ₹29.23 Cr	up to ₹31.37 Cr

IPO Timetable

Aprameya Engineering IPO opens on Jul 25, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Aprameya Engineering IPO and Trom Industries IPO is Jul 29, 2024, and Jul 29, 2024, respectively.

	Aprameya Engineering IPO	Trom Industries IPO
Anchor Bid Date	Jul 24, 2024	Jul 24, 2024
Issue Open	Jul 25, 2024	Jul 25, 2024
Issue Close	Jul 29, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Jul 30, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Jul 31, 2024	Jul 31, 2024
Credit of Share (Tentative)	Jul 31, 2024	Jul 31, 2024
Listing date (Tentative)	Aug 01, 2024	Aug 01, 2024
Anchor Lockin End date 1	Aug 29, 2024	Aug 29, 2024
Anchor Lockin End date 2	Oct 28, 2024	Oct 28, 2024

Financials

Aprameya Engineering IPO P/E ratio is 23.49, as compared to Trom Industries IPO P/E ratio of 12.98.

Aprameya Engineering IPO

Trom Industries IPO

Financial

Aprameya Engineering Limited Financial Information (Restated)

Aprameya Engineering Limited's revenue decreased by -16.23% and profit after tax (PAT) dropped by -35.62% 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	7,560.42	6,189.03	4,870.84
Revenue	6,562.22	7,833.35	20,026.16
Profit After Tax	345.67	536.92	1,661.91
Net Worth	2,336.76	1,992.49	1,452.94
Reserves and Surplus	936.76	592.49	752.94
Total Borrowing	4,204.83	2,873.95	1,368.28
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% 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	2,919.93	2,155.35	1,854.32
Revenue	5,454.68	2,413.80	3,056.55
Profit After Tax	572.93	28.86	35.98
Net Worth	1,222.57	249.92	221.12
Reserves and Surplus	575.84	248.92	220.12
Total Borrowing	573.71	492.82	85.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

98.84%

Promoter Shareholding (Post-Issue)

73.53%

69.52%

P/E Ratio

23.49

12.98

Market Cap

₹110.43 Cr.

₹105.74 Cr.

ROE

15.97%%

77.82%%

ROCE

9.60%%

47.11%%

Debt/Equity

1.8

0.47

EPS

₹2.47

₹8.86

RoNW

14.79%%

77.82%%

Shares Offered

In the Aprameya Engineering IPO retail investors (RII) are offered 16,76,000 shares while in Trom Industries IPO retail investors are offered 16,76,000 shares. Qualified institutional buyers (QIB) are offered 9,58,000 shares in Aprameya Engineering IPO and 5,18,400 shares in Trom Industries IPO.

	Aprameya Engineering IPO	Trom Industries IPO
Anchor Investor Reserveration	14,34,000 shares	7,76,400 shares
Market Maker Reserveration	2,54,000 shares	1,36,800 shares
QIB	9,58,000 shares	5,18,400 shares
NII	7,18,000 shares	3,88,800 shares
RII	16,76,000 shares	9,07,200 shares
Employee	0 shares	0 shares
Others
Total	33,52,000 shares	18,14,400 shares

Bids Received (Subscription)

Aprameya Engineering IPO subscribed 192.57x in total, whereas Trom Industries IPO subscribed 459.00x.

	Aprameya Engineering IPO	Trom Industries IPO
QIB (times)	90.29x	197.07x
NII (times)	339.99x	751.90x
Big NII (times)
Small NII (times)
RII (times)	187.88x	483.14x
Employee (times)
Other (times)
Total (times)	192.57x	459.00x

Compare with others

Aprameya Engineering IPO	Trom Industries IPO
Bulkcorp IPO	Kizi Apparels IPO
Sathlokhar Synergys E&C Global IPO	Ashapura Logistics IPO
Trom Industries IPO	Rajputana Industries IPO
Esprit Stones IPO	Bulkcorp IPO
S A Tech Software India IPO	Sathlokhar Synergys E&C Global IPO
Manglam Infra And Engineering IPO	Esprit Stones IPO
Chetana Education IPO	S A Tech Software India IPO
Clinitech Laboratory IPO	Aprameya Engineering IPO
VVIP Infratech IPO	Manglam Infra And Engineering IPO
V.L.Infraprojects IPO	Chetana Education IPO

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