Avi Ansh Textile IPO vs SD Retail IPO

Comparision between Avi Ansh Textile IPO and SD Retail IPO.

IPO Details

Avi Ansh Textile IPO is a SME Book Built Issue IPO proposed to list at NSE SME while SD Retail IPO is a SME Book Built Issue proposed to list at NSE SME.

	Avi Ansh Textile IPO	SD Retail IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	3Dimension Capital Services Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Skyline Financial Services Private Ltd	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Spread X Securities 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 Avi Ansh Textile IPO is up to ₹25.99 Cr whereas the issue size of the SD Retail IPO is up to ₹64.98 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of SD Retail IPO is ₹131.00 per share.

	Avi Ansh Textile IPO	SD Retail IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹124.00 per share
Issue Price (Upper)		₹131.00 per share
Issue Price (Final)	₹62.00 per share	₹131.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1000 shares
Fresh Issue Size	41,92,000 shares	49,60,000 shares
Fresh Issue Size (Amount)	up to ₹25.99 Cr	up to ₹64.98 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	41,92,000 shares	49,60,000 shares
Issue Size Total (Amount)	up to ₹25.99 Cr	up to ₹64.98 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while SD Retail IPO opens on Sep 20, 2024. The closing date of Avi Ansh Textile IPO and SD Retail IPO is Sep 24, 2024, and Sep 24, 2024, respectively.

	Avi Ansh Textile IPO	SD Retail IPO
Anchor Bid Date		Sep 19, 2024
Issue Open	Sep 20, 2024	Sep 20, 2024
Issue Close	Sep 24, 2024	Sep 24, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 25, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 26, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 26, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 27, 2024
Anchor Lockin End date 1		Oct 25, 2024
Anchor Lockin End date 2		Dec 24, 2024

Financials

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to SD Retail IPO P/E ratio of 23.73.

Avi Ansh Textile IPO

SD Retail IPO

Financial

Avi Ansh Textile Limited Financial Information (Restated)

Avi Ansh Textile Limited's revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,522.64	4,692.35	4,336.85	4,694.81
Revenue	14,214.65	12,149.57	12,016.76	7,264.3
Profit After Tax	331.35	28.74	155.55	68.2
Net Worth	1,587.22	1,256.74	1,229.62	1,076.34
Reserves and Surplus	608.73	278.25	251.13	97.85
Total Borrowing	4,481.21	3,193.46	2,659.87	3,375.46
Amount in ₹ Lakhs

SD Retail Limited Financial Information (Restated)

SD Retail Limited's revenue increased by 20% and profit after tax (PAT) rose by 77% 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	12,225.54	8,835.65	7,759.56
Revenue	16,328.48	13,568.86	12,873.65
Profit After Tax	759.76	430.17	1,011.06
Net Worth	4,179.98	3,420.22	2,990.04
Reserves and Surplus	4,054.87	3,357.66	2,927.49
Total Borrowing	4,354.72	2,051.31	1,844.13
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.67%

88.82%

Promoter Shareholding (Post-Issue)

66.98%

65.29%

P/E Ratio

18.31

23.73

Market Cap

₹86.67 Cr.

₹245.26 Cr.

ROE

20.88%%

6.29%%

ROCE

15.88%%

15.61%%

Debt/Equity

2.82

1.04

EPS

₹3.39

₹5.52

RoNW

20.88%%

18.18%%

Shares Offered

In the Avi Ansh Textile IPO retail investors (RII) are offered 19,89,835 shares while in SD Retail IPO retail investors are offered 19,89,835 shares. Qualified institutional buyers (QIB) are offered 0 shares in Avi Ansh Textile IPO and 9,42,000 shares in SD Retail IPO.

	Avi Ansh Textile IPO	SD Retail IPO
Anchor Investor Reserveration		14,12,000 shares
Market Maker Reserveration	2,12,000 shares	2,50,000 shares
QIB	0 shares	9,42,000 shares
NII	19,91,706 shares	7,07,000 shares
RII	19,89,835 shares	16,49,000 shares
Employee	0 shares	0 shares
Others
Total	39,81,542 shares	32,98,000 shares

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed 8.32x in total, whereas SD Retail IPO subscribed 97.08x.

	Avi Ansh Textile IPO	SD Retail IPO
QIB (times)		69.84x
NII (times)	5.25x	207.62x
Big NII (times)
Small NII (times)
RII (times)	11.38x	65.25x
Employee (times)
Other (times)
Total (times)	8.32x	97.08x

Compare with others

Avi Ansh Textile IPO	SD Retail IPO
Thinking Hats Entertainment Solutions IPO	Kalana Ispat IPO
Unilex Colours and Chemicals IPO	Avi Ansh Textile IPO
TechEra Engineering IPO	Rappid Valves (India) IPO
Divyadhan Recycling Industries IPO	Phoenix Overseas IPO
Kalana Ispat IPO	WOL 3D IPO
Rappid Valves (India) IPO	BikeWo GreenTech IPO
Phoenix Overseas IPO	Pelatro IPO
WOL 3D IPO	Osel Devices IPO
SD Retail IPO	Paramount Speciality Forgings IPO
BikeWo GreenTech IPO	Popular Foundations IPO

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