Aakash Exploration IPO vs Power Instrumentation Gujarat IPO

Comparision between Aakash Exploration IPO and Power Instrumentation Gujarat IPO.

IPO Details

Aakash Exploration IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Power Instrumentation Gujarat IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Monarch Networth Capital Ltd	Navigant Corporate Advisors Ltd
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private 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 Aakash Exploration IPO is up to ₹10.08 Cr whereas the issue size of the Power Instrumentation Gujarat IPO is up to ₹6.15 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of Power Instrumentation Gujarat IPO is ₹33.00 per share.

	Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹56.00 per share	₹33.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	4000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,00,000 shares	18,64,000 shares
Issue Size Total (Amount)	up to ₹10.08 Cr	up to ₹6.15 Cr

IPO Timetable

Aakash Exploration IPO opens on Apr 17, 2018, while Power Instrumentation Gujarat IPO opens on Apr 11, 2018. The closing date of Aakash Exploration IPO and Power Instrumentation Gujarat IPO is Apr 19, 2018, and Apr 13, 2018, respectively.

	Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Anchor Bid Date
Issue Open	Apr 17, 2018	Apr 11, 2018
Issue Close	Apr 19, 2018	Apr 13, 2018
Basis Of Allotment (Tentative)	Apr 24, 2018
Initiation of Refunds (Tentative)	Apr 25, 2018
Credit of Share (Tentative)	Apr 26, 2018
Listing date (Tentative)	Apr 27, 2018
Anchor Lockin End date 1	May 24, 2018
Anchor Lockin End date 2	Jul 23, 2018

Financials

Aakash Exploration IPO P/E ratio is , as compared to Power Instrumentation Gujarat IPO P/E ratio of .

Aakash Exploration IPO

Power Instrumentation Gujarat 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	31-Mar-13
Total Assets	3,382.38	3,131.06	2,549.24	1,393.22	1,056.70
Total Revenue	3,380.30	2,563.31	2,345.20	1,389.54	944.65
Profit After Tax	110.02	44.32	101.44	49.38	14.40

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	5,056.00	4,260.62	3,122.52	2,851.59	2,444.62
Total Revenue	6,072.79	5,166.19	4,546.73	3,633.03	3,270.25
Profit After Tax	156.66	122.39	107.17	94.89	87.80

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aakash Exploration IPO retail investors (RII) are offered 8,55,000 shares while in Power Instrumentation Gujarat IPO retail investors are offered 8,55,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Aakash Exploration IPO and 0 shares in Power Instrumentation Gujarat IPO.

	Aakash Exploration IPO	Power Instrumentation Gujarat IPO
Anchor Investor Reserveration
Market Maker Reserveration	90,000 shares	96,000 shares
QIB	0 shares	0 shares
NII	8,55,000 shares	8,84,000 shares
RII	8,55,000 shares	8,84,000 shares
Employee
Others
Total	18,00,000 shares	18,64,000 shares

Bids Received (Subscription)

Aakash Exploration IPO subscribed 1.48x in total, whereas Power Instrumentation Gujarat IPO subscribed 10.26x.

	Aakash Exploration IPO	Power Instrumentation Gujarat IPO
QIB (times)
NII (times)	1.59x	8.61x
Big NII (times)
Small NII (times)
RII (times)	1.38x	11.90x
Employee (times)
Other (times)
Total (times)	1.48x	10.26x

Compare with others

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

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