Akshar Spintex IPO vs Indo US BioTech IPO

Comparision between Akshar Spintex IPO and Indo US BioTech IPO.

IPO Details

Akshar Spintex IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Indo US BioTech IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Akshar Spintex IPO	Indo US BioTech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Swastika Investmart Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Akshar Spintex IPO is up to ₹26.99 Cr whereas the issue size of the Indo US BioTech IPO is up to ₹7.29 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of Indo US BioTech IPO is ₹51.00 per share.

	Akshar Spintex IPO	Indo US BioTech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹40.00 per share	₹51.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	67,47,000 shares	14,30,000 shares
Issue Size Total (Amount)	up to ₹26.99 Cr	up to ₹7.29 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while Indo US BioTech IPO opens on Apr 30, 2018. The closing date of Akshar Spintex IPO and Indo US BioTech IPO is May 03, 2018, and May 03, 2018, respectively.

	Akshar Spintex IPO	Indo US BioTech IPO
Anchor Bid Date
Issue Open	Apr 27, 2018	Apr 30, 2018
Issue Close	May 03, 2018	May 03, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Akshar Spintex IPO P/E ratio is , as compared to Indo US BioTech IPO P/E ratio of .

Akshar Spintex IPO

Indo US BioTech IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	8218.88	7487.82	7029.73	2479.56
Total Revenue	9038.94	5984.38	1561.73	0
Profit After Tax	538.61	266.94	(51.25)	0

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	1,293.66	1,368.76	767.52	605.19	626.38
Total Revenue	2,457.79	1,914.53	1,966.07	1,485.50	1,493.84
Profit After Tax	64.99	35.99	49.59	25.96	29.94

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Akshar Spintex IPO retail investors (RII) are offered 32,01,000 shares while in Indo US BioTech IPO retail investors are offered 32,01,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Akshar Spintex IPO and 0 shares in Indo US BioTech IPO.

	Akshar Spintex IPO	Indo US BioTech IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,45,000 shares	74,000 shares
QIB	0 shares	0 shares
NII	32,01,000 shares	6,78,000 shares
RII	32,01,000 shares	6,78,000 shares
Employee
Others
Total	67,47,000 shares	14,30,000 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.49x in total, whereas Indo US BioTech IPO subscribed 19.74x.

	Akshar Spintex IPO	Indo US BioTech IPO
QIB (times)
NII (times)	1.71x	19.52x
Big NII (times)
Small NII (times)
RII (times)	9.24x	19.87x
Employee (times)
Other (times)
Total (times)	5.49x	19.74x

Compare with others

Akshar Spintex IPO	Indo US BioTech IPO
Milestone Furniture IPO	Godha Cabcon Insulation IPO
E2E Networks IPO	Akshar Spintex IPO
Five Core Electronics IPO	Dr Lalchandani Labs IPO
SoftTech Engineers IPO	Aakash Exploration IPO
Godha Cabcon Insulation IPO	Garv Industries IPO
Dr Lalchandani Labs IPO	Bombay Super Hybrid Seeds IPO
Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Garv Industries IPO	Mahickra Chemicals IPO
Indo US BioTech IPO	Narmada Agrobase IPO
Bombay Super Hybrid Seeds IPO	Vera Synthetic IPO

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