Akshar Spintex IPO vs SoftTech Engineers IPO

Comparision between Akshar Spintex IPO and SoftTech Engineers IPO.

IPO Details

Akshar Spintex IPO is a SME Book Built Issue IPO proposed to list at BSE SME while SoftTech Engineers IPO is a SME Book Built Issue proposed to list at NSE SME.

	Akshar Spintex IPO	SoftTech Engineers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Pantomath Capital Advisors Pvt Ltd Small Industries Development Bank Of India (Sidbi)
Registrar	Bigshare Services Pvt Ltd	Link Intime India 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 Akshar Spintex IPO is up to ₹26.99 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹22.81 Cr. The final issue price of Akshar Spintex IPO is ₹40.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.

	Akshar Spintex IPO	SoftTech Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹80.00 per share
Issue Price (Final)	₹40.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	67,47,000 shares	28,51,200 shares
Issue Size Total (Amount)	up to ₹26.99 Cr	up to ₹22.81 Cr

IPO Timetable

Akshar Spintex IPO opens on Apr 27, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Akshar Spintex IPO and SoftTech Engineers IPO is May 03, 2018, and May 03, 2018, respectively.

	Akshar Spintex IPO	SoftTech Engineers IPO
Anchor Bid Date
Issue Open	Apr 27, 2018	Apr 27, 2018
Issue Close	May 03, 2018	May 03, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Akshar Spintex IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .

Akshar Spintex IPO

SoftTech Engineers 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
Total Assets	8218.88	7487.82	7029.73	2479.56
Total Revenue	9038.94	5984.38	1561.73	0
Profit After Tax	538.61	266.94	(51.25)	0

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	6,033.78	5,722.58	4,008.32	3,429.94	2,012.87
Total Revenue	4,711.63	4,432.53	3,594.36	2,567.60	2,195.63
Profit After Tax	615.96	361.77	212.29	254.14	97.82

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Akshar Spintex IPO retail investors (RII) are offered 32,01,000 shares while in SoftTech Engineers IPO retail investors are offered 32,01,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Akshar Spintex IPO and 0 shares in SoftTech Engineers IPO.

	Akshar Spintex IPO	SoftTech Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,45,000 shares	1,44,000 shares
QIB	0 shares	0 shares
NII	32,01,000 shares	13,53,600 shares
RII	32,01,000 shares	13,53,600 shares
Employee
Others
Total	67,47,000 shares	28,51,200 shares

Bids Received (Subscription)

Akshar Spintex IPO subscribed 5.49x in total, whereas SoftTech Engineers IPO subscribed 30.82x.

	Akshar Spintex IPO	SoftTech Engineers IPO
QIB (times)
NII (times)	1.71x	31.21x
Big NII (times)
Small NII (times)
RII (times)	9.24x	28.94x
Employee (times)
Other (times)
Total (times)	5.49x	30.82x

Compare with others

Akshar Spintex IPO	SoftTech Engineers IPO
Milestone Furniture IPO	Sirca Paints IPO
E2E Networks IPO	U H Zaveri IPO
Five Core Electronics IPO	Milestone Furniture IPO
SoftTech Engineers IPO	E2E Networks IPO
Godha Cabcon Insulation IPO	Five Core Electronics IPO
Dr Lalchandani Labs IPO	Godha Cabcon Insulation IPO
Aakash Exploration IPO	Akshar Spintex IPO
Garv Industries IPO	Dr Lalchandani Labs IPO
Indo US BioTech IPO	Aakash Exploration IPO
Bombay Super Hybrid Seeds IPO	Garv Industries IPO

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