Auro Impex & Chemicals IPO vs Spectrum Talent Management IPO

Comparision between Auro Impex & Chemicals IPO and Spectrum Talent Management IPO.

IPO Details

Auro Impex & Chemicals IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Spectrum Talent Management IPO is a SME Book Built Issue proposed to list at NSE SME.

	Auro Impex & Chemicals IPO	Spectrum Talent Management 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	Affinity Global Capital Market Private Limited	Sarthi Capital Advisors Private Limited
Registrar	Cameo Corporate Services Limited	Skyline Financial Services Private Ltd
Market Maker	Rikhav Securities Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Auro Impex & Chemicals IPO is up to ₹27.07 Cr whereas the issue size of the Spectrum Talent Management IPO is up to ₹105.14 Cr. The final issue price of Auro Impex & Chemicals IPO is ₹78.00 per share and of Spectrum Talent Management IPO is ₹173.00 per share.

	Auro Impex & Chemicals IPO	Spectrum Talent Management IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹74.00 per share	₹169.00 per share
Issue Price (Upper)	₹78.00 per share	₹173.00 per share
Issue Price (Final)	₹78.00 per share	₹173.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	29,20,000 shares	51,85,600 shares
Fresh Issue Size (Amount)	up to ₹22.78 Cr	up to ₹89.71 Cr
OFS Issue Size	5,50,400 shares	8,92,000 shares
OFS Issue Size (Amount)	up to ₹4.29 Cr	up to ₹15.43 Cr
Issue Size Total	34,70,400 shares	60,77,600 shares
Issue Size Total (Amount)	up to ₹27.07 Cr	up to ₹105.14 Cr

IPO Timetable

Auro Impex & Chemicals IPO opens on May 11, 2023, while Spectrum Talent Management IPO opens on Jun 09, 2023. The closing date of Auro Impex & Chemicals IPO and Spectrum Talent Management IPO is May 15, 2023, and Jun 14, 2023, respectively.

	Auro Impex & Chemicals IPO	Spectrum Talent Management IPO
Anchor Bid Date
Issue Open	May 11, 2023	Jun 09, 2023
Issue Close	May 15, 2023	Jun 14, 2023
Basis Of Allotment (Tentative)	May 18, 2023	Jun 19, 2023
Initiation of Refunds (Tentative)	May 19, 2023	Jun 20, 2023
Credit of Share (Tentative)	May 22, 2023	Jun 21, 2023
Listing date (Tentative)	May 23, 2023	Jun 22, 2023
Anchor Lockin End date 1	Jun 17, 2023	Jul 19, 2023
Anchor Lockin End date 2	Aug 16, 2023	Sep 17, 2023

Financials

Auro Impex & Chemicals IPO P/E ratio is 12.07, as compared to Spectrum Talent Management IPO P/E ratio of 15.

Auro Impex & Chemicals IPO

Spectrum Talent Management IPO

Financial

Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,841.42	3,760.98	27.01		322.62
31-Mar-21	3,360.59	7,372.70	90.54		413.16
31-Mar-22	6,219.56	15,184.93	230.03	1,155.04	1,077.70	3,679.97
31-Mar-23	8,228.09	23,296.54	599.92	1,754.96	826.88	4,875.92
Amount in ₹ Lakhs

Spectrum Talent Management Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	4,081.10	32,362.37	675.96	1,500.36	1,025.36	422.19
31-Mar-21	4,630.20	30,296.00	476.41	1,976.30	1,026.30	60.72
31-Mar-22	6,479.29	48,372.17	1,552.71	2,827.37	1,972.37	1,026.88
31-Dec-22	8,657.66	58,415.74	1,997.46	4,844.57	3,053.82	255.09
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

100.00%

Promoter Shareholding (Post-Issue)

72.25%

P/E Ratio

12.07

Market Cap

₹95.17 Cr.

ROE

ROCE

Debt/Equity

2.77

EPS

₹6.00

₹10.25

RoNW

19.92%%

42.99%%

Shares Offered

In the Auro Impex & Chemicals IPO retail investors (RII) are offered 19,44,118 shares while in Spectrum Talent Management IPO retail investors are offered 19,44,118 shares. Qualified institutional buyers (QIB) are offered 3,47,040 shares in Auro Impex & Chemicals IPO and 5,76,000 shares in Spectrum Talent Management IPO.

	Auro Impex & Chemicals IPO	Spectrum Talent Management IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,74,400 shares	3,04,000 shares
QIB	3,47,040 shares	5,76,000 shares
NII	11,79,242 shares	25,98,400 shares
RII	19,44,118 shares	25,99,200 shares
Employee	0 shares	0 shares
Others
Total	34,70,400 shares	57,73,600 shares

Bids Received (Subscription)

Auro Impex & Chemicals IPO subscribed 66.94x in total, whereas Spectrum Talent Management IPO subscribed 12.27x.

	Auro Impex & Chemicals IPO	Spectrum Talent Management IPO
QIB (times)	31.67x	11.21x
NII (times)	104.05x	11.68x
Big NII (times)
Small NII (times)
RII (times)	50.72x	13.10x
Employee (times)
Other (times)
Total (times)	66.94x	12.27x

Compare with others

Auro Impex & Chemicals IPO	Spectrum Talent Management IPO
Hemant Surgical Industries IPO	Comrade Appliances IPO
Vasa Denticity IPO	Infollion Research Services IPO
Spectrum Talent Management IPO	Proventus Agrocom IPO
Crayons Advertising IPO	Hemant Surgical Industries IPO
Remus Pharmaceuticals IPO	Vasa Denticity IPO
Innokaiz India IPO	Crayons Advertising IPO
Krishca Strapping Solutions IPO	Remus Pharmaceuticals IPO
De Neers Tools IPO	Auro Impex & Chemicals IPO
Quicktouch Technologies IPO	Innokaiz India IPO
Retina Paints IPO	Krishca Strapping Solutions IPO

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