Artedz Fabs IPO vs Northern Spirits IPO

Comparision between Artedz Fabs IPO and Northern Spirits IPO.

IPO Details

Artedz Fabs IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Northern Spirits IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Artedz Fabs IPO	Northern Spirits IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Finshore Management Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
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 Artedz Fabs IPO is up to ₹8.32 Cr whereas the issue size of the Northern Spirits IPO is up to ₹18.50 Cr. The final issue price of Artedz Fabs IPO is ₹36.00 per share and of Northern Spirits IPO is ₹43.00 per share.

	Artedz Fabs IPO	Northern Spirits IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹34.00 per share
Issue Price (Upper)	₹36.00 per share
Issue Price (Final)	₹36.00 per share	₹43.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	23,10,000 shares	43,02,000 shares
Issue Size Total (Amount)	up to ₹8.32 Cr	up to ₹18.50 Cr

IPO Timetable

Artedz Fabs IPO opens on Mar 18, 2019, while Northern Spirits IPO opens on Mar 22, 2019. The closing date of Artedz Fabs IPO and Northern Spirits IPO is Mar 20, 2019, and Mar 27, 2019, respectively.

	Artedz Fabs IPO	Northern Spirits IPO
Anchor Bid Date
Issue Open	Mar 18, 2019	Mar 22, 2019
Issue Close	Mar 20, 2019	Mar 27, 2019
Basis Of Allotment (Tentative)	Mar 26, 2019
Initiation of Refunds (Tentative)	Mar 27, 2019
Credit of Share (Tentative)	Mar 28, 2019
Listing date (Tentative)	Mar 29, 2019
Anchor Lockin End date 1	Apr 25, 2019
Anchor Lockin End date 2	Jun 24, 2019

Financials

Artedz Fabs IPO P/E ratio is , as compared to Northern Spirits IPO P/E ratio of .

Artedz Fabs IPO

Northern Spirits IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. lakhs)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	7,408.60	6,148.14	4,425.21	3,645.31	3,911.65	2,913.91
Total Revenue	3,663.49	6,433.90	5,310.81	3,877.97	3,097.82	2,652.05
Profit After Tax	254.25	351.85	178.87	(35.55)	(77.08)	(44.86)

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sept-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	76,92.55	20,40.78	12,55.15	7,84.12	4,63.74	70.00
Total Revenue	48,66.17	25,89.28	17,36.42	3,39.81	1,67.14	1,01.64
Profit After Tax	2,75.44	1,00.63	53.23	(50.85)	9.62	2.21

Promoter Shareholding (Pre-Issue)

68.88%

90.98%

Promoter Shareholding (Post-Issue)

50.59%

66.59%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Artedz Fabs IPO retail investors (RII) are offered 10,95,000 shares while in Northern Spirits IPO retail investors are offered 10,95,000 shares. Qualified institutional buyers (QIB) are offered in Artedz Fabs IPO and in Northern Spirits IPO.

	Artedz Fabs IPO	Northern Spirits IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,20,000 shares	2,16,000 shares
QIB
NII	10,95,000 shares	20,43,000 shares
RII	10,95,000 shares	20,43,000 shares
Employee
Others
Total	21,90,000 shares	40,86,000 shares

Bids Received (Subscription)

Artedz Fabs IPO subscribed 1.54x in total, whereas Northern Spirits IPO subscribed 1.30x.

	Artedz Fabs IPO	Northern Spirits IPO
QIB (times)
NII (times)	1.31x	1.83x
Big NII (times)
Small NII (times)
RII (times)	1.78x	0.78x
Employee (times)
Other (times)
Total (times)	1.54x	1.30x

Compare with others

Artedz Fabs IPO	Northern Spirits IPO
Jinaam's Dress Limited IPO	V R Films IPO
Osia Hyper IPO	Jinaam's Dress Limited IPO
Roopshri Resorts IPO	Osia Hyper IPO
KHFM HOSPITALITY IPO	Roopshri Resorts IPO
Northern Spirits IPO	KHFM HOSPITALITY IPO
Humming Bird Education ipo	Artedz Fabs IPO
Ashapuri Gold IPO	Humming Bird Education ipo
Mahip Industries IPO	Ashapuri Gold IPO
Gleam Fabmat IPO	Mahip Industries IPO
Aartech Solonics IPO	Gleam Fabmat IPO

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