Avi Ansh Textile IPO vs Phoenix Overseas IPO

Comparision between Avi Ansh Textile IPO and Phoenix Overseas IPO.

IPO Details

Avi Ansh Textile IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Phoenix Overseas IPO is a SME Book Built Issue proposed to list at NSE SME.

	Avi Ansh Textile IPO	Phoenix Overseas 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	3Dimension Capital Services Limited	Khandwala Securities Limited
Registrar	Skyline Financial Services Private Ltd	Cameo Corporate Services Limited
Market Maker	Nikunj Stock Brokers Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Avi Ansh Textile IPO is up to ₹26.00 Cr whereas the issue size of the Phoenix Overseas IPO is up to ₹36.03 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Phoenix Overseas IPO is .

	Avi Ansh Textile IPO	Phoenix Overseas IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹61.00 per share
Issue Price (Upper)		₹64.00 per share
Issue Price (Final)	₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	41,93,541 shares	45,80,000 shares
Fresh Issue Size (Amount)	up to ₹26.00 Cr	up to ₹29.31 Cr
OFS Issue Size		10,50,000 shares
OFS Issue Size (Amount)		up to ₹6.72 Cr
Issue Size Total	41,93,541 shares	56,30,000 shares
Issue Size Total (Amount)	up to ₹26.00 Cr	up to ₹36.03 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Phoenix Overseas IPO opens on Sep 19, 2024. The closing date of Avi Ansh Textile IPO and Phoenix Overseas IPO is Sep 24, 2024, and Sep 23, 2024, respectively.

	Avi Ansh Textile IPO	Phoenix Overseas IPO
Anchor Bid Date
Issue Open	Sep 20, 2024	Sep 19, 2024
Issue Close	Sep 24, 2024	Sep 23, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 24, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 25, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 25, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 26, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Phoenix Overseas IPO P/E ratio of 17.18.

Avi Ansh Textile IPO

Phoenix Overseas IPO

Financial

Avi Ansh Textile Limited Financial Information (Restated)

Avi Ansh Textile Limited's revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,522.64	4,692.35	4,336.85	4,694.81
Revenue	14,214.65	12,149.57	12,016.76	7,264.3
Profit After Tax	331.35	28.74	155.55	68.2
Net Worth	1,587.22	1,256.74	1,229.62	1,076.34
Reserves and Surplus	608.73	278.25	251.13	97.85
Total Borrowing	4,481.21	3,193.46	2,659.87	3,375.46
Amount in ₹ Lakhs

Phoenix Overseas Limited Financial Information (Restated Consolidated)

Phoenix Overseas Limited's revenue increased by 22% and profit after tax (PAT) rose by 46% 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	13,162.58	14,686.47	9,480.59
Revenue	54,915.1	45,131.61	37,828.19
Profit After Tax	549.93	375.48	391.36
Net Worth	5,012.26	4,570.52	4,246.59
Reserves and Surplus	4,520.06	4,078.32	3,754.39
Total Borrowing	2,937.11	3,447.24	2,981.26
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.67%

99.16%

Promoter Shareholding (Post-Issue)

66.98%

P/E Ratio

18.31

17.18

Market Cap

₹86.67 Cr.

₹123.81 Cr.

ROE

20.88%%

10.74%%

ROCE

15.88%%

15.28%%

Debt/Equity

2.82

0.59

EPS

₹3.39

₹3.72

RoNW

20.88%%

10.74%%

Shares Offered

In the Avi Ansh Textile IPO retail investors (RII) are offered while in Phoenix Overseas IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Avi Ansh Textile IPO and in Phoenix Overseas IPO.

	Avi Ansh Textile IPO	Phoenix Overseas IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,13,871 shares	1,96,000 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed in total, whereas Phoenix Overseas IPO subscribed .

	Avi Ansh Textile IPO	Phoenix Overseas IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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Avi Ansh Textile IPO	Phoenix Overseas IPO
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Phoenix Overseas IPO	Rappid Valves (India) IPO
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