AA Plus Tradelink IPO vs Rex Pipes and Cables IPO

Comparision between AA Plus Tradelink IPO and Rex Pipes and Cables IPO.

IPO Details

AA Plus Tradelink IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Rex Pipes and Cables IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	AA Plus Tradelink IPO	Rex Pipes and Cables IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Navigant Corporate Advisors Ltd
Registrar	Purva Sharegistry India Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of AA Plus Tradelink IPO is up to ₹6.48 Cr whereas the issue size of the Rex Pipes and Cables IPO is up to ₹6.24 Cr. The final issue price of AA Plus Tradelink IPO is ₹18.00 per share and of Rex Pipes and Cables IPO is ₹26.00 per share.

	AA Plus Tradelink IPO	Rex Pipes and Cables IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹18.00 per share	₹26.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	8000 shares	4000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,00,000 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹6.48 Cr	up to ₹6.24 Cr

IPO Timetable

AA Plus Tradelink IPO opens on Jul 08, 2021, while Rex Pipes and Cables IPO opens on Jul 28, 2021. The closing date of AA Plus Tradelink IPO and Rex Pipes and Cables IPO is Jul 13, 2021, and Aug 02, 2021, respectively.

	AA Plus Tradelink IPO	Rex Pipes and Cables IPO
Anchor Bid Date
Issue Open	Jul 08, 2021	Jul 28, 2021
Issue Close	Jul 13, 2021	Aug 02, 2021
Basis Of Allotment (Tentative)	Jul 16, 2021	Aug 05, 2021
Initiation of Refunds (Tentative)	Jul 19, 2021	Aug 06, 2021
Credit of Share (Tentative)	Jul 19, 2021	Aug 09, 2021
Listing date (Tentative)	Jul 22, 2021	Aug 10, 2021
Anchor Lockin End date 1	Aug 15, 2021	Sep 04, 2021
Anchor Lockin End date 2	Oct 14, 2021	Nov 03, 2021

Financials

AA Plus Tradelink IPO P/E ratio is , as compared to Rex Pipes and Cables IPO P/E ratio of .

AA Plus Tradelink IPO

Rex Pipes and Cables IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	1,020.24	964.00	1,159.24
Total Revenue	1,731.76	519.82	2,204.01
Profit After Tax	14.21	10.15	5.58

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lacs)
	31-Jan-21	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,811.00	3,382.79	3,270.87	2,704.16
Total Revenue	4,438.80	3,206.87	3,774.94	3,516.41
Profit After Tax	100.66	77.50	130.66	127.40

Promoter Shareholding (Pre-Issue)

58.63%

84.65%

Promoter Shareholding (Post-Issue)

32.78%

61.03%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the AA Plus Tradelink IPO retail investors (RII) are offered 17,04,000 shares while in Rex Pipes and Cables IPO retail investors are offered 17,04,000 shares. Qualified institutional buyers (QIB) are offered in AA Plus Tradelink IPO and in Rex Pipes and Cables IPO.

	AA Plus Tradelink IPO	Rex Pipes and Cables IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,92,000 shares	1,20,000 shares
QIB
NII	17,04,000 shares	11,40,000 shares
RII	17,04,000 shares	11,40,000 shares
Employee
Others
Total	34,08,000 shares	22,80,000 shares

Bids Received (Subscription)

AA Plus Tradelink IPO subscribed 1.46x in total, whereas Rex Pipes and Cables IPO subscribed 23.99x.

	AA Plus Tradelink IPO	Rex Pipes and Cables IPO
QIB (times)	0.00x
NII (times)	0.32x	6.84x
Big NII (times)
Small NII (times)
RII (times)	2.61x	41.13x
Employee (times)
Other (times)
Total (times)	1.46x	23.99x

Compare with others

AA Plus Tradelink IPO	Rex Pipes and Cables IPO
DU Digital Technologies IPO	SBL Infratech Limited IPO
Aashka Hospitals IPO	DU Digital Technologies IPO
NPST IPO	Aashka Hospitals IPO
Gretex Corporate Services IPO	NPST IPO
Rex Pipes and Cables IPO	Gretex Corporate Services IPO
Walpar Nutritions IPO	AA Plus Tradelink IPO
Focus Business Solution IPO	Walpar Nutritions IPO
Times Green Energy IPO	Focus Business Solution IPO
Adeshwar Meditex IPO	Times Green Energy IPO
Navoday Enterprises IPO	Adeshwar Meditex IPO

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