AA Plus Tradelink IPO vs Times Green Energy IPO

Comparision between AA Plus Tradelink IPO and Times Green Energy IPO.

IPO Details

AA Plus Tradelink IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Times Green Energy IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	AA Plus Tradelink IPO	Times Green Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Aryaman Financial Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
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 Times Green Energy IPO is up to ₹4.05 Cr. The final issue price of AA Plus Tradelink IPO is ₹18.00 per share and of Times Green Energy IPO is ₹61.00 per share.

	AA Plus Tradelink IPO	Times Green Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹18.00 per share	₹61.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	8000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,00,000 shares	6,64,000 shares
Issue Size Total (Amount)	up to ₹6.48 Cr	up to ₹4.05 Cr

IPO Timetable

AA Plus Tradelink IPO opens on Jul 08, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of AA Plus Tradelink IPO and Times Green Energy IPO is Jul 13, 2021, and Jun 22, 2021, respectively.

	AA Plus Tradelink IPO	Times Green Energy IPO
Anchor Bid Date
Issue Open	Jul 08, 2021	Jun 16, 2021
Issue Close	Jul 13, 2021	Jun 22, 2021
Basis Of Allotment (Tentative)	Jul 16, 2021	Jun 25, 2021
Initiation of Refunds (Tentative)	Jul 19, 2021	Jun 28, 2021
Credit of Share (Tentative)	Jul 19, 2021	Jun 29, 2021
Listing date (Tentative)	Jul 22, 2021	Jun 30, 2021
Anchor Lockin End date 1	Aug 15, 2021	Jul 25, 2021
Anchor Lockin End date 2	Oct 14, 2021	Sep 23, 2021

Financials

AA Plus Tradelink IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .

AA Plus Tradelink IPO

Times Green Energy 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 lakhs)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	452.64	371.95	242.08	392.00
Total Revenue	122.00	1,514.72	1,515.51	2,019.09
Profit After Tax	4.24	12.34	9.77	8.04

Promoter Shareholding (Pre-Issue)

58.63%

79.20%

Promoter Shareholding (Post-Issue)

32.78%

47.60%

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 Times Green Energy IPO retail investors are offered 17,04,000 shares. Qualified institutional buyers (QIB) are offered in AA Plus Tradelink IPO and in Times Green Energy IPO.

	AA Plus Tradelink IPO	Times Green Energy IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,92,000 shares	40,000 shares
QIB
NII	17,04,000 shares	3,12,000 shares
RII	17,04,000 shares	3,12,000 shares
Employee
Others
Total	34,08,000 shares	6,24,000 shares

Bids Received (Subscription)

AA Plus Tradelink IPO subscribed 1.46x in total, whereas Times Green Energy IPO subscribed 2.94x.

	AA Plus Tradelink IPO	Times Green Energy IPO
QIB (times)	0.00x
NII (times)	0.32x	0.83x
Big NII (times)
Small NII (times)
RII (times)	2.61x	5.05x
Employee (times)
Other (times)
Total (times)	1.46x	2.94x

Compare with others

AA Plus Tradelink IPO	Times Green Energy IPO
DU Digital Technologies IPO	Gretex Corporate Services IPO
Aashka Hospitals IPO	Rex Pipes and Cables IPO
NPST IPO	AA Plus Tradelink IPO
Gretex Corporate Services IPO	Walpar Nutritions IPO
Rex Pipes and Cables IPO	Focus Business Solution IPO
Walpar Nutritions IPO	Adeshwar Meditex IPO
Focus Business Solution IPO	Navoday Enterprises IPO
Times Green Energy IPO	Abhishek Integrations IPO
Adeshwar Meditex IPO	Kuberan Global Edu Solutions IPO
Navoday Enterprises IPO	Jetmall spices and masala ipo

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