Aeron Composite IPO vs Boss Packaging Solutions IPO

Comparision between Aeron Composite IPO and Boss Packaging Solutions IPO.

IPO Details

Aeron Composite IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Boss Packaging Solutions IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Aeron Composite IPO	Boss Packaging Solutions IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Fedex Securities Pvt Ltd
Registrar	Maashitla Securities Private Limited	Kfin Technologies Limited
Market Maker	Hem Finlease Private Limited	B.N. Rathi Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Aeron Composite IPO is up to ₹56.10 Cr whereas the issue size of the Boss Packaging Solutions IPO is up to ₹8.41 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Boss Packaging Solutions IPO is ₹66.00 per share.

	Aeron Composite IPO	Boss Packaging Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share
Issue Price (Upper)	₹125.00 per share
Issue Price (Final)	₹125.00 per share	₹66.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	44,88,000 shares	12,74,000 shares
Fresh Issue Size (Amount)	up to ₹56.10 Cr	up to ₹8.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	44,88,000 shares	12,74,000 shares
Issue Size Total (Amount)	up to ₹56.10 Cr	up to ₹8.41 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Boss Packaging Solutions IPO opens on Aug 30, 2024. The closing date of Aeron Composite IPO and Boss Packaging Solutions IPO is Aug 30, 2024, and Sep 03, 2024, respectively.

	Aeron Composite IPO	Boss Packaging Solutions IPO
Anchor Bid Date	Aug 27, 2024
Issue Open	Aug 28, 2024	Aug 30, 2024
Issue Close	Aug 30, 2024	Sep 03, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Sep 04, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 05, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 05, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 06, 2024
Anchor Lockin End date 1	Oct 02, 2024
Anchor Lockin End date 2	Dec 01, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Boss Packaging Solutions IPO P/E ratio of 20.72.

Aeron Composite IPO

Boss Packaging Solutions IPO

Financial

Aeron Composite Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,979.42	6,910.21	6,063.23	4,360.19
Revenue	18,080.35	18,199.26	10,992.5	7,906.12
Profit After Tax	942.23	661.15	362.12	255.3
Net Worth	3,478.19	2,535.96	1,557.35	1,208.23
Reserves and Surplus	3,321.54	2,379.31	1,427.35	1,078.23
Total Borrowing	1,208.23	1,399.62	1,255.54	1,042.7
Amount in ₹ Lakhs

Boss Packaging Solutions Limited Financial Information (Restated)

Boss Packaging Solutions Limited's revenue increased by 17.67% and profit after tax (PAT) rose by 0.53% 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	766.10	536.12	279.21
Revenue	1,217.54	1,034.71	548.21
Profit After Tax	101.04	100.51	41.77
Net Worth	452.93	202.04	101.53
Reserves and Surplus	135.70	201.04	100.53
Total Borrowing	65.62	3.70	19.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

73.63%

71.35%

P/E Ratio

23.69

20.72

Market Cap

₹212.75 Cr.

₹29.35 Cr.

ROE

31.33%

22.31%%

ROCE

29.67%

28.99%%

Debt/Equity

0.35

0.14

EPS

₹5.28

₹3.19

RoNW

27.09%

22.31%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered 14,18,000 shares while in Boss Packaging Solutions IPO retail investors are offered 14,18,000 shares. Qualified institutional buyers (QIB) are offered 8,10,000 shares in Aeron Composite IPO and 0 shares in Boss Packaging Solutions IPO.

	Aeron Composite IPO	Boss Packaging Solutions IPO
Anchor Investor Reserveration	12,14,000 shares
Market Maker Reserveration	2,28,000 shares	66,000 shares
QIB	8,10,000 shares	0 shares
NII	6,08,000 shares	6,04,000 shares
RII	14,18,000 shares	6,04,000 shares
Employee	0 shares	0 shares
Others
Total	28,36,000 shares	12,08,000 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Boss Packaging Solutions IPO subscribed 2.46x.

	Aeron Composite IPO	Boss Packaging Solutions IPO
QIB (times)	27.82x
NII (times)	75.53x	1.33x
Big NII (times)
Small NII (times)
RII (times)	33.77x	3.58x
Employee (times)
Other (times)
Total (times)	41.07x	2.46x

Compare with others

Aeron Composite IPO	Boss Packaging Solutions IPO
Travels & Rentals IPO	Namo eWaste Management IPO
Jeyyam Global Foods IPO	Mach Conferences and Events IPO
Boss Packaging Solutions IPO	Excellent Wires and Packaging IPO
Vdeal System IPO	Travels & Rentals IPO
Archit Nuwood Industries IPO	Jeyyam Global Foods IPO
Paramatrix Technologies IPO	Vdeal System IPO
Jay Bee Laminations IPO	Archit Nuwood Industries IPO
Rapid Multimodal Logistics IPO	Aeron Composite IPO
Indian Phosphate IPO	Paramatrix Technologies IPO
Resourceful Automobile IPO	Jay Bee Laminations IPO

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