Arihant Institute IPO vs Sorich Foils IPO

Comparision between Arihant Institute IPO and Sorich Foils IPO.

IPO Details

Arihant Institute IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sorich Foils IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Arihant Institute IPO	Sorich Foils 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	Monarch Networth Capital Ltd	Saffron Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Arihant Institute IPO is up to ₹7.50 Cr whereas the issue size of the Sorich Foils IPO is up to ₹4.00 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Sorich Foils IPO is ₹16.00 per share.

	Arihant Institute IPO	Sorich Foils IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹16.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	8000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	25,00,000 shares	25,00,000 shares
Issue Size Total (Amount)	up to ₹7.50 Cr	up to ₹4.00 Cr

IPO Timetable

Arihant Institute IPO opens on May 23, 2018, while Sorich Foils IPO opens on May 24, 2018. The closing date of Arihant Institute IPO and Sorich Foils IPO is May 28, 2018, and May 25, 2018, respectively.

	Arihant Institute IPO	Sorich Foils IPO
Anchor Bid Date
Issue Open	May 23, 2018	May 24, 2018
Issue Close	May 28, 2018	May 25, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Arihant Institute IPO P/E ratio is , as compared to Sorich Foils IPO P/E ratio of .

Arihant Institute IPO

Sorich Foils IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	586.93	575.03	729.55	666.60	597.24
Total Revenue	169.20	864.20	385.50	609.96	864.20
Profit After Tax	112.74	(14.45)	3.79	(146.26)	16.48

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	1,599.39	1,663.38	1,528.47	959.68	956.16
Total Revenue	2,659.08	2,689.88	2,506.66	2,285.93	1,963.30
Profit After Tax	32.85	18.86	22.48	20.37	23.96

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Arihant Institute IPO retail investors (RII) are offered 11,84,000 shares while in Sorich Foils IPO retail investors are offered 11,84,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arihant Institute IPO and 0 shares in Sorich Foils IPO.

	Arihant Institute IPO	Sorich Foils IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,32,000 shares	2,00,000 shares
QIB	0 shares	0 shares
NII	11,84,000 shares	11,50,000 shares
RII	11,84,000 shares	11,50,000 shares
Employee
Others
Total	23,68,000 shares	25,00,000 shares

Bids Received (Subscription)

Arihant Institute IPO subscribed 2.20x in total, whereas Sorich Foils IPO subscribed 0.18x.

	Arihant Institute IPO	Sorich Foils IPO
QIB (times)
NII (times)	0.69x	0.23x
Big NII (times)
Small NII (times)
RII (times)	3.71x	0.13x
Employee (times)
Other (times)
Total (times)	2.20x	0.18x

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