Avi Ansh Textile IPO vs Rappid Valves (India) IPO

Comparision between Avi Ansh Textile IPO and Rappid Valves (India) IPO.

IPO Details

Avi Ansh Textile IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Rappid Valves (India) IPO is a SME Book Built Issue proposed to list at NSE SME.

	Avi Ansh Textile IPO	Rappid Valves (India) 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	Shreni Shares Limited
Registrar	Skyline Financial Services Private Ltd	Link Intime India Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Rikhav Securities 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 Rappid Valves (India) IPO is up to ₹30.41 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Rappid Valves (India) IPO is .

	Avi Ansh Textile IPO	Rappid Valves (India) IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹210.00 per share
Issue Price (Upper)		₹222.00 per share
Issue Price (Final)	₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	41,93,541 shares	13,69,800 shares
Fresh Issue Size (Amount)	up to ₹26.00 Cr	up to ₹30.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	41,93,541 shares	13,69,800 shares
Issue Size Total (Amount)	up to ₹26.00 Cr	up to ₹30.41 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Rappid Valves (India) IPO opens on Sep 23, 2024. The closing date of Avi Ansh Textile IPO and Rappid Valves (India) IPO is Sep 24, 2024, and Sep 25, 2024, respectively.

	Avi Ansh Textile IPO	Rappid Valves (India) IPO
Anchor Bid Date		Sep 20, 2024
Issue Open	Sep 20, 2024	Sep 23, 2024
Issue Close	Sep 24, 2024	Sep 25, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 26, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 27, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 27, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 30, 2024
Anchor Lockin End date 1		Oct 26, 2024
Anchor Lockin End date 2		Dec 25, 2024

Financials

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Rappid Valves (India) IPO P/E ratio of 20.53.

Avi Ansh Textile IPO

Rappid Valves (India) 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

Rappid Valves (India) Limited Financial Information (Restated)

Rappid Valves (India) Limited's revenue increased by 123% and profit after tax (PAT) rose by 807% 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	2,994.41	1,656.75	1,217.6
Revenue	3,660.06	1,643.42	1,215.24
Profit After Tax	413.27	45.56	28.98
Net Worth	1,221.98	312.21	-24.64
Reserves and Surplus	371.98	-37.79	-79.64
Total Borrowing	1,098.3	992.65	977.57
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.67%

69.46%

Promoter Shareholding (Post-Issue)

66.98%

51.13%

P/E Ratio

18.31

20.53

Market Cap

₹86.67 Cr.

₹115.26 Cr.

ROE

20.88%%

53.88%%

ROCE

15.88%%

29.88%%

Debt/Equity

2.82

0.9

EPS

₹3.39

₹10.81

RoNW

20.88%%

33.82%%

Shares Offered

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

	Avi Ansh Textile IPO	Rappid Valves (India) IPO
Anchor Investor Reserveration		3,89,400 shares
Market Maker Reserveration	2,13,871 shares	69,600 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed in total, whereas Rappid Valves (India) IPO subscribed .

	Avi Ansh Textile IPO	Rappid Valves (India) IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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