AIK Pipes And Polymers IPO vs Supreme Power Equipment IPO

Comparision between AIK Pipes And Polymers IPO and Supreme Power Equipment IPO.

IPO Details

AIK Pipes And Polymers IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Supreme Power Equipment IPO is a SME Book Built Issue proposed to list at NSE SME.

	AIK Pipes And Polymers IPO	Supreme Power Equipment 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	Shreni Shares Limited	Narnolia Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Shreni Shares Limited	Share India Securities 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 AIK Pipes And Polymers IPO is up to ₹15.02 Cr whereas the issue size of the Supreme Power Equipment IPO is up to ₹46.67 Cr. The final issue price of AIK Pipes And Polymers IPO is ₹89.00 per share and of Supreme Power Equipment IPO is ₹65.00 per share.

	AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹61.00 per share
Issue Price (Upper)		₹65.00 per share
Issue Price (Final)	₹89.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	16,88,000 shares	71,80,000 shares
Fresh Issue Size (Amount)	up to ₹15.02 Cr	up to ₹46.67 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	16,88,000 shares	71,80,000 shares
Issue Size Total (Amount)	up to ₹15.02 Cr	up to ₹46.67 Cr

IPO Timetable

AIK Pipes And Polymers IPO opens on Dec 26, 2023, while Supreme Power Equipment IPO opens on Dec 21, 2023. The closing date of AIK Pipes And Polymers IPO and Supreme Power Equipment IPO is Dec 28, 2023, and Dec 26, 2023, respectively.

	AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
Anchor Bid Date		Dec 20, 2023
Issue Open	Dec 26, 2023	Dec 21, 2023
Issue Close	Dec 28, 2023	Dec 26, 2023
Basis Of Allotment (Tentative)	Dec 29, 2023	Dec 27, 2023
Initiation of Refunds (Tentative)	Jan 01, 2024	Dec 28, 2023
Credit of Share (Tentative)	Jan 01, 2024	Dec 28, 2023
Listing date (Tentative)	Jan 02, 2024	Dec 29, 2023
Anchor Lockin End date 1	Jan 28, 2024	Jan 26, 2024
Anchor Lockin End date 2	Mar 28, 2024	Mar 26, 2024

Financials

AIK Pipes And Polymers IPO P/E ratio is 21.54, as compared to Supreme Power Equipment IPO P/E ratio of 10.69.

AIK Pipes And Polymers IPO

Supreme Power Equipment IPO

Financial

AIK Pipes And Polymers Limited Financial Information (Restated)

AIK Pipes And Polymers Limited's revenue increased by 47.21% and profit after tax (PAT) rose by 113.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,638.56	1,450.50	968.13	739.75
Revenue	1,400.42	3,077.92	2,090.84	1,020.54
Profit After Tax	101.97	187.74	87.90	26.99
Net Worth	662.47	560.50	202.76	84.86
Reserves and Surplus	194.97	433.00	132.76	44.86
Total Borrowing	429.91	538.09	432.17	382.88
Amount in ₹ Lakhs

Supreme Power Equipment Limited Financial Information (Restated Consolidated)

Period Ended	31 Jul 2023	31 Mar 2023
Assets	9,187.16	6,901.04
Revenue	3,927.61	9,990.85
Profit After Tax	503.16	1,107.88
Net Worth	2,298.26	1,805.69
Reserves and Surplus	1,902.46	1,409.89
Total Borrowing	2,153.82	1,999.74
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

79.37%

Promoter Shareholding (Post-Issue)

73.47%

57.54%

P/E Ratio

21.54

10.69

Market Cap

₹56.63 Cr.

₹162.44 Cr.

ROE

49.19%%

59.88%%

ROCE

17.90%%

83.01%%

Debt/Equity

0.96

0.45

EPS

₹4.13

₹6.08

RoNW

33.50%

59.88%%

Shares Offered

In the AIK Pipes And Polymers IPO retail investors (RII) are offered 8,01,600 shares while in Supreme Power Equipment IPO retail investors are offered 8,01,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in AIK Pipes And Polymers IPO and 12,50,000 shares in Supreme Power Equipment IPO.

	AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
Anchor Investor Reserveration		18,70,000 shares
Market Maker Reserveration	84,800 shares	9,32,000 shares
QIB	0 shares	12,50,000 shares
NII	8,01,600 shares	9,40,000 shares
RII	8,01,600 shares	21,88,000 shares
Employee	0 shares	0 shares
Others
Total	16,03,200 shares	43,78,000 shares

Bids Received (Subscription)

AIK Pipes And Polymers IPO subscribed 43.57x in total, whereas Supreme Power Equipment IPO subscribed 262.60x.

	AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
QIB (times)		88.98x
NII (times)	52.17x	489.10x
Big NII (times)
Small NII (times)
RII (times)	30.93x	264.48x
Employee (times)
Other (times)
Total (times)	43.57x	262.60x

Compare with others

AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
Akanksha Power and Infrastructure IPO	Kay Cee Energy & Infra IPO
HRH Next Services IPO	Balaji Valve Components IPO
MCPL IPO	AIK Pipes And Polymers IPO
Kay Cee Energy & Infra IPO	Indifra IPO
Balaji Valve Components IPO	Sameera Agro IPO
Indifra IPO	Sahara Maritime IPO
Sameera Agro IPO	Electro Force India IPO
Supreme Power Equipment IPO	Trident Techlabs IPO
Sahara Maritime IPO	Shree OSFM E-Mobility IPO
Electro Force India IPO	Siyaram Recycling IPO

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