Akanksha Power and Infrastructure IPO vs New Swan Multitech IPO

Comparision between Akanksha Power and Infrastructure IPO and New Swan Multitech IPO.

IPO Details

Akanksha Power and Infrastructure IPO is a SME Book Built Issue IPO proposed to list at NSE SME while New Swan Multitech IPO is a SME Book Built Issue proposed to list at BSE SME.

	Akanksha Power and Infrastructure IPO	New Swan Multitech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Narnolia Financial Services Ltd	Hem Securities Limited Share India Capital Services Private Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Akanksha Power and Infrastructure IPO is up to ₹27.49 Cr whereas the issue size of the New Swan Multitech IPO is up to ₹33.11 Cr. The final issue price of Akanksha Power and Infrastructure IPO is ₹55.00 per share and of New Swan Multitech IPO is ₹66.00 per share.

	Akanksha Power and Infrastructure IPO	New Swan Multitech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹52.00 per share	₹62.00 per share
Issue Price (Upper)	₹55.00 per share	₹66.00 per share
Issue Price (Final)	₹55.00 per share	₹66.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	49,98,000 shares	50,16,000 shares
Fresh Issue Size (Amount)	up to ₹27.49 Cr	up to ₹33.11 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,98,000 shares	50,16,000 shares
Issue Size Total (Amount)	up to ₹27.49 Cr	up to ₹33.11 Cr

IPO Timetable

Akanksha Power and Infrastructure IPO opens on Dec 27, 2023, while New Swan Multitech IPO opens on Jan 11, 2024. The closing date of Akanksha Power and Infrastructure IPO and New Swan Multitech IPO is Dec 29, 2023, and Jan 15, 2024, respectively.

	Akanksha Power and Infrastructure IPO	New Swan Multitech IPO
Anchor Bid Date	Dec 26, 2023	Jan 10, 2024
Issue Open	Dec 27, 2023	Jan 11, 2024
Issue Close	Dec 29, 2023	Jan 15, 2024
Basis Of Allotment (Tentative)	Jan 01, 2024	Jan 16, 2024
Initiation of Refunds (Tentative)	Jan 02, 2024	Jan 17, 2024
Credit of Share (Tentative)	Jan 02, 2024	Jan 17, 2024
Listing date (Tentative)	Jan 03, 2024	Jan 18, 2024
Anchor Lockin End date 1	Jan 31, 2024	Feb 15, 2024
Anchor Lockin End date 2	Mar 31, 2024	Apr 15, 2024

Financials

Akanksha Power and Infrastructure IPO P/E ratio is 24.02, as compared to New Swan Multitech IPO P/E ratio of 9.32.

Akanksha Power and Infrastructure IPO

New Swan Multitech IPO

Financial

Akanksha Power and Infrastructure Limited Financial Information (Restated)

Akanksha Power and Infrastructure Limited's revenue decreased by -10.8% and profit after tax (PAT) rose by 20.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,530.82	4,762.65	3,838.92	3,781.19
Revenue	1,027.27	4,644.03	5,206.50	7,441.05
Profit After Tax	71.06	290.50	240.92	392.12
Net Worth	2,074.75	1,595.94	1,305.42	1,064.50
Reserves and Surplus	722.70	1,414.44	1,123.92	883.00
Total Borrowing	1,722.62	1,527.68	1,055.03	891.47
Amount in ₹ Lakhs

New Swan Multitech Limited Financial Information (Restated)

New Swan Multitech Limited's revenue increased by 4.05% and profit after tax (PAT) rose by 173.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	13,801.10	12,876.43	12,348.80	11,769.68
Revenue	7,788.21	15,142.17	14,552.40	14,960.55
Profit After Tax	497.53	991.93	363.14	342.63
Net Worth	3,479.28	2,981.75	1,989.82	1,626.68
Reserves and Surplus	2,079.26	2,631.74	1,639.81	1,276.67
Total Borrowing	4,799.12	3,915.70	4,800.59	4,580.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

83.28%

100%

Promoter Shareholding (Post-Issue)

60.81%

73.62%

P/E Ratio

24.02

9.32

Market Cap

₹101.85 Cr.

₹125.51 Cr.

ROE

18.20%%

33.27%%

ROCE

22.75%%

24.86%%

Debt/Equity

0.96

1.31

EPS

₹2.29

₹7.09

RoNW

18.20%%

33.27%%

Shares Offered

In the Akanksha Power and Infrastructure IPO retail investors (RII) are offered 16,60,000 shares while in New Swan Multitech IPO retail investors are offered 16,60,000 shares. Qualified institutional buyers (QIB) are offered 9,48,000 shares in Akanksha Power and Infrastructure IPO and 9,52,000 shares in New Swan Multitech IPO.

	Akanksha Power and Infrastructure IPO	New Swan Multitech IPO
Anchor Investor Reserveration	14,18,000 shares	14,28,000 shares
Market Maker Reserveration	2,60,000 shares	2,56,000 shares
QIB	9,48,000 shares	9,52,000 shares
NII	7,12,000 shares	7,14,000 shares
RII	16,60,000 shares	16,66,000 shares
Employee	0 shares	0 shares
Others
Total	33,20,000 shares	33,32,000 shares

Bids Received (Subscription)

Akanksha Power and Infrastructure IPO subscribed 117.39x in total, whereas New Swan Multitech IPO subscribed 384.26x.

	Akanksha Power and Infrastructure IPO	New Swan Multitech IPO
QIB (times)	38.51x	110.69x
NII (times)	238.60x	739.72x
Big NII (times)
Small NII (times)
RII (times)	110.44x	388.23x
Employee (times)
Other (times)
Total (times)	117.39x	384.26x

Compare with others

Akanksha Power and Infrastructure IPO	New Swan Multitech IPO
Australian Premium Solar (India) IPO	Maxposure IPO
Lawsikho IPO	Shree Marutinandan Tubes IPO
IBL Finance IPO	Australian Premium Solar (India) IPO
New Swan Multitech IPO	Lawsikho IPO
Kaushalya Logistics IPO	IBL Finance IPO
HRH Next Services IPO	Kaushalya Logistics IPO
MCPL IPO	Akanksha Power and Infrastructure IPO
Kay Cee Energy & Infra IPO	HRH Next Services IPO
Balaji Valve Components IPO	MCPL IPO
AIK Pipes And Polymers IPO	Kay Cee Energy & Infra IPO

Comments

Add a public comment...