Axita Cotton IPO vs ICL Multitrading IPO

Comparision between Axita Cotton IPO and ICL Multitrading IPO.

IPO Details

Axita Cotton IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while ICL Multitrading IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Axita Cotton IPO	ICL Multitrading 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	Beeline Broking Ltd	Corporate Capitalventures Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Axita Cotton IPO is up to ₹10.51 Cr whereas the issue size of the ICL Multitrading IPO is up to ₹17.86 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of ICL Multitrading IPO is ₹85.00 per share.

	Axita Cotton IPO	ICL Multitrading IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹60.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	17,52,000 shares	21,00,800 shares
Issue Size Total (Amount)	up to ₹10.51 Cr	up to ₹17.86 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while ICL Multitrading IPO opens on Nov 19, 2018. The closing date of Axita Cotton IPO and ICL Multitrading IPO is Jan 02, 2019, and Dec 03, 2018, respectively.

	Axita Cotton IPO	ICL Multitrading IPO
Anchor Bid Date
Issue Open	Dec 27, 2018	Nov 19, 2018
Issue Close	Jan 02, 2019	Dec 03, 2018
Basis Of Allotment (Tentative)	Jan 07, 2019
Initiation of Refunds (Tentative)	Jan 08, 2019
Credit of Share (Tentative)	Jan 09, 2019
Listing date (Tentative)	Jan 10, 2019
Anchor Lockin End date 1	Feb 06, 2019
Anchor Lockin End date 2	Apr 07, 2019

Financials

Axita Cotton IPO P/E ratio is , as compared to ICL Multitrading IPO P/E ratio of .

Axita Cotton IPO

ICL Multitrading IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2,556.03	2,229.49	1,750.51	1,387.41	1,330.79	1,324.53
Total Revenue	2,121.59	12,392.36	9,152.24	6,875.95	7,705.35	1,736.10
Profit After Tax	32.60	82.13	2.71	12.46	(28.51)	5.85

Summary of financial Information (Standalone Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	1,370.08	1,377.58	1,210.08	855.43	586.34	437.35
Total Revenue	620.88	3,168.13	2,330.77	2,531.34	435.87	190.45
Profit After Tax	47.26	223.23	100.05	38.13	3.96	0.76

Summary of financial Information (Consolidated Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	2,311.20	2,372.42	2,037.20	925.67
Total Revenue	922.48	5,731.60	5,058.02	2,648.46
Profit After Tax	59.82	319.62	182.08	40.18

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Axita Cotton IPO retail investors (RII) are offered 8,30,000 shares while in ICL Multitrading IPO retail investors are offered 8,30,000 shares. Qualified institutional buyers (QIB) are offered in Axita Cotton IPO and in ICL Multitrading IPO.

	Axita Cotton IPO	ICL Multitrading IPO
Anchor Investor Reserveration
Market Maker Reserveration	92,000 shares	1,07,200 shares
QIB
NII	8,30,000 shares	9,96,800 shares
RII	8,30,000 shares	9,96,800 shares
Employee
Others
Total	16,60,000 shares	19,93,600 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas ICL Multitrading IPO subscribed 0.11x.

	Axita Cotton IPO	ICL Multitrading IPO
QIB (times)
NII (times)	2.40x	0.11x
Big NII (times)
Small NII (times)
RII (times)	1.55x	0.10x
Employee (times)
Other (times)
Total (times)	1.98x	0.11x

Compare with others

Axita Cotton IPO	ICL Multitrading IPO
Anmol India IPO	KPI Global IPO
Kranti Industries IPO	Axita Cotton IPO
Ritco Logistics IPO	SR Dye-Chem IPO
Surani Steel IPO	Diksha Greens IPO
KPI Global IPO	Agarwal Packers and Movers IPO
SR Dye-Chem IPO	Shree Krishna Infrastructure IPO
Diksha Greens IPO	Roni Households IPO
Agarwal Packers and Movers IPO	Shubhlaxmi Jewel IPO
Shree Krishna Infrastructure IPO	Ultra Wiring Connectivity IPO
Roni Households IPO	Iris Clothings DoReMe IPO

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