Arabian Petroleum IPO vs E Factor Experiences IPO

Comparision between Arabian Petroleum IPO and E Factor Experiences IPO.

IPO Details

Arabian Petroleum IPO is a SME Book Built Issue IPO proposed to list at NSE SME while E Factor Experiences IPO is a SME Book Built Issue proposed to list at NSE SME.

	Arabian Petroleum IPO	E Factor Experiences IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Hem Securities Limited
Registrar	Purva Sharegistry India Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Hem Finlease Private Limited	Hem Finlease Private 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 Arabian Petroleum IPO is up to ₹20.24 Cr whereas the issue size of the E Factor Experiences IPO is up to ₹25.92 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of E Factor Experiences IPO is ₹75.00 per share.

	Arabian Petroleum IPO	E Factor Experiences IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹75.00 per share
Issue Price (Final)	₹70.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	28,92,000 shares	34,56,000 shares
Fresh Issue Size (Amount)	up to ₹20.24 Cr	up to ₹25.92 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,92,000 shares	34,56,000 shares
Issue Size Total (Amount)	up to ₹20.24 Cr	up to ₹25.92 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while E Factor Experiences IPO opens on Sep 27, 2023. The closing date of Arabian Petroleum IPO and E Factor Experiences IPO is Sep 27, 2023, and Oct 03, 2023, respectively.

	Arabian Petroleum IPO	E Factor Experiences IPO
Anchor Bid Date		Sep 26, 2023
Issue Open	Sep 25, 2023	Sep 27, 2023
Issue Close	Sep 27, 2023	Oct 03, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Oct 06, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Oct 07, 2023
Credit of Share (Tentative)	Oct 06, 2023	Oct 08, 2023
Listing date (Tentative)	Oct 09, 2023	Oct 09, 2023
Anchor Lockin End date 1	Nov 03, 2023	Nov 05, 2023
Anchor Lockin End date 2	Jan 02, 2024	Jan 04, 2024

Financials

Arabian Petroleum IPO P/E ratio is 11.51, as compared to E Factor Experiences IPO P/E ratio of 9.59.

Arabian Petroleum IPO

E Factor Experiences IPO

Financial

Arabian Petroleum IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,031.88	7,134.94	7,650.88
Revenue	11,024.54	19,159.10	24,394.68
Profit After Tax	287.54	414.34	486.48
Net Worth	1,301.98	1,716.32	2,202.80
Reserves and Surplus	1,101.98	1,516.32	1,402.80
Total Borrowing	2,197.75	2,948.97	3,830.66

Amount in ₹ Lakhs

E Factor Experiences IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,581.94	4,916.87	5,674.80
Revenue	990.56	5,700.24	11,945.21
Profit After Tax	123.39	255.73	761.35
Net Worth	96.96	351.85	1,101.67
Reserves and Surplus	-247.04	5.36	138.46
Total Borrowing	683.23	590.95	912.74

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.99%

Promoter Shareholding (Post-Issue)

73.45%

73.59%

P/E Ratio

11.51

9.59

Market Cap

₹76.24 Cr.

₹98.16 Cr.

ROE

22.08%%

103.79%%

ROCE

32.47%%

54.85%%

Debt/Equity

1.75

0.83

EPS

₹6.08

₹7.82

RoNW

22.08%%

68.35%%

Shares Offered

In the Arabian Petroleum IPO retail investors (RII) are offered 13,72,000 shares while in E Factor Experiences IPO retail investors are offered 13,72,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arabian Petroleum IPO and 6,56,000 shares in E Factor Experiences IPO.

	Arabian Petroleum IPO	E Factor Experiences IPO
Anchor Investor Reserveration		9,84,000 shares
Market Maker Reserveration	1,48,000 shares	1,74,400 shares
QIB	0 shares	6,56,000 shares
NII	13,72,000 shares	4,92,800 shares
RII	13,72,000 shares	11,48,800 shares
Employee	0 shares	0 shares
Others
Total	27,44,000 shares	22,97,600 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas E Factor Experiences IPO subscribed 73.14x.

	Arabian Petroleum IPO	E Factor Experiences IPO
QIB (times)		46.09x
NII (times)	15.72x	168.26x
Big NII (times)
Small NII (times)
RII (times)	23.19x	47.78x
Employee (times)
Other (times)
Total (times)	19.91x	73.14x

Compare with others

Arabian Petroleum IPO	E Factor Experiences IPO
Sharp Chucks And Machines IPO	Vinyas Innovative Technologies IPO
Kontor Space IPO	Plada Infotech Services IPO
Vishnusurya Projects and Infra IPO	Sharp Chucks And Machines IPO
E Factor Experiences IPO	Kontor Space IPO
Rajgor Castor Derivatives IPO	Vishnusurya Projects and Infra IPO
Newjaisa Technologies IPO	Rajgor Castor Derivatives IPO
Inspire Films IPO	Arabian Petroleum IPO
Goyal Salt IPO	Newjaisa Technologies IPO
Saakshi Medtech and Panels IPO	Inspire Films IPO
Organic Recycling Systems IPO	Goyal Salt IPO

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