Aeron Composite IPO vs Rapid Multimodal Logistics IPO

Comparision between Aeron Composite IPO and Rapid Multimodal Logistics IPO.

IPO Details

Aeron Composite IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Rapid Multimodal Logistics IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Aeron Composite IPO	Rapid Multimodal Logistics 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	Hem Securities Limited	Gretex Corporate Services Limited
Registrar	Maashitla Securities Private Limited	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	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 Rapid Multimodal Logistics IPO is up to ₹8.49 Cr. The final issue price of Aeron Composite IPO is ₹125.00 per share and of Rapid Multimodal Logistics IPO is ₹84.00 per share.

	Aeron Composite IPO	Rapid Multimodal Logistics 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	₹84.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	44,88,000 shares	10,11,200 shares
Fresh Issue Size (Amount)	up to ₹56.10 Cr	up to ₹8.49 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	44,88,000 shares	10,11,200 shares
Issue Size Total (Amount)	up to ₹56.10 Cr	up to ₹8.49 Cr

IPO Timetable

Aeron Composite IPO opens on Aug 28, 2024, while Rapid Multimodal Logistics IPO opens on Aug 22, 2024. The closing date of Aeron Composite IPO and Rapid Multimodal Logistics IPO is Aug 30, 2024, and Aug 27, 2024, respectively.

	Aeron Composite IPO	Rapid Multimodal Logistics IPO
Anchor Bid Date	Aug 27, 2024	Aug 21, 2024
Issue Open	Aug 28, 2024	Aug 22, 2024
Issue Close	Aug 30, 2024	Aug 27, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Aug 28, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Aug 29, 2024
Credit of Share (Tentative)	Sep 03, 2024	Aug 29, 2024
Listing date (Tentative)	Sep 04, 2024	Aug 30, 2024
Anchor Lockin End date 1	Oct 02, 2024	Sep 27, 2024
Anchor Lockin End date 2	Dec 01, 2024	Nov 26, 2024

Financials

Aeron Composite IPO P/E ratio is 23.69, as compared to Rapid Multimodal Logistics IPO P/E ratio of 13.12.

Aeron Composite IPO

Rapid Multimodal Logistics 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

Rapid Multimodal Logistics Limited Financial Information (Restated)

Rapid Multimodal Logistics Limited's revenue decreased by -2% and profit after tax (PAT) dropped by -11% 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	839.76	699.14	673.51
Revenue	7,184.25	7,296.17	4,774.4
Profit After Tax	179.23	200.48	95.43
Net Worth	471.55	300.59	100.11
Reserves and Surplus	191.55	295.59	95.11
Total Borrowing	201.07	227.88	357.59
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

73.63%

73.47%

P/E Ratio

23.69

13.12

Market Cap

₹212.75 Cr.

₹32.01 Cr.

ROE

31.33%

46.42%%

ROCE

29.67%

48.98%%

Debt/Equity

0.35

0.19

EPS

₹5.28

₹6.40

RoNW

27.09%

38.01%%

Shares Offered

In the Aeron Composite IPO retail investors (RII) are offered 14,18,000 shares while in Rapid Multimodal Logistics 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 Rapid Multimodal Logistics IPO.

	Aeron Composite IPO	Rapid Multimodal Logistics IPO
Anchor Investor Reserveration	12,14,000 shares
Market Maker Reserveration	2,28,000 shares	51,200 shares
QIB	8,10,000 shares	0 shares
NII	6,08,000 shares	4,80,000 shares
RII	14,18,000 shares	4,80,000 shares
Employee	0 shares	0 shares
Others
Total	28,36,000 shares	9,60,000 shares

Bids Received (Subscription)

Aeron Composite IPO subscribed 41.07x in total, whereas Rapid Multimodal Logistics IPO subscribed 350.50x.

	Aeron Composite IPO	Rapid Multimodal Logistics IPO
QIB (times)	27.82x
NII (times)	75.53x	512.80x
Big NII (times)
Small NII (times)
RII (times)	33.77x	172.55x
Employee (times)
Other (times)
Total (times)	41.07x	350.50x

Compare with others

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Vdeal System IPO	Jay Bee Laminations IPO
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Rapid Multimodal Logistics IPO	Ideal Technoplast Industries IPO
Indian Phosphate IPO	QVC Exports IPO
Resourceful Automobile IPO	Forcas Studio IPO

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