Ashapura Logistics IPO vs Trom Industries IPO

Comparision between Ashapura Logistics IPO and Trom Industries IPO.

IPO Details

Ashapura Logistics IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Trom Industries IPO is a SME Book Built Issue proposed to list at NSE SME.

	Ashapura Logistics IPO	Trom Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Expert Global Consultants Private Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker	Spread X Securities Private Limited	Sunflower Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Ashapura Logistics IPO is whereas the issue size of the Trom Industries IPO is up to ₹31.37 Cr. The final issue price of Ashapura Logistics IPO is and of Trom Industries IPO is .

	Ashapura Logistics IPO	Trom Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹100.00 per share
Issue Price (Upper)		₹115.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size		1200 shares
Fresh Issue Size	36,57,000 shares	27,27,600 shares
Fresh Issue Size (Amount)		up to ₹31.37 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,57,000 shares	27,27,600 shares
Issue Size Total (Amount)		up to ₹31.37 Cr

IPO Timetable

Ashapura Logistics IPO opens on Jul 30, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Ashapura Logistics IPO and Trom Industries IPO is Aug 01, 2024, and Jul 29, 2024, respectively.

	Ashapura Logistics IPO	Trom Industries IPO
Anchor Bid Date	Jul 29, 2024	Jul 24, 2024
Issue Open	Jul 30, 2024	Jul 25, 2024
Issue Close	Aug 01, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Aug 02, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Aug 05, 2024	Jul 31, 2024
Credit of Share (Tentative)	Aug 05, 2024	Jul 31, 2024
Listing date (Tentative)	Aug 06, 2024	Aug 01, 2024
Anchor Lockin End date 1	Sep 01, 2024	Aug 29, 2024
Anchor Lockin End date 2	Oct 31, 2024	Oct 28, 2024

Financials

Ashapura Logistics IPO P/E ratio is , as compared to Trom Industries IPO P/E ratio of 12.98.

Ashapura Logistics IPO

Trom Industries IPO

Financial

Ashapura Logistics Limited Financial Information (Restated Consolidated)

Ashapura Logistics Limited's revenue decreased by -10.45% and profit after tax (PAT) rose by 30.46% 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	12,644.88	10,461.66	11,568.76
Revenue	19,934.57	22,260.31	22,713.84
Profit After Tax	1,235.44	946.98	788.26
Net Worth	6,532.31	4,796.60	3,852.04
Reserves and Surplus	5,542.40	4,759.80	3,815.32
Total Borrowing	12.90	9.87	8.17
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% 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	2,919.93	2,155.35	1,854.32
Revenue	5,454.68	2,413.80	3,056.55
Profit After Tax	572.93	28.86	35.98
Net Worth	1,222.57	249.92	221.12
Reserves and Surplus	575.84	248.92	220.12
Total Borrowing	573.71	492.82	85.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

92.45%

98.84%

Promoter Shareholding (Post-Issue)

67.51%

69.52%

P/E Ratio

12.98

Market Cap

₹105.74 Cr.

ROE

21.82%%

77.82%%

ROCE

20.69%%

47.11%%

Debt/Equity

0.63

0.47

EPS

₹8.86

RoNW

18.92%%

77.82%%

Shares Offered

In the Ashapura Logistics IPO retail investors (RII) are offered while in Trom Industries IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Ashapura Logistics IPO and in Trom Industries IPO.

	Ashapura Logistics IPO	Trom Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,83,000 shares	1,36,800 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Ashapura Logistics IPO subscribed in total, whereas Trom Industries IPO subscribed .

	Ashapura Logistics IPO	Trom Industries IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Ashapura Logistics IPO	Trom Industries IPO
Rajputana Industries IPO	Ashapura Logistics IPO
Bulkcorp IPO	Rajputana Industries IPO
Sathlokhar Synergys E&C Global IPO	Bulkcorp IPO
Trom Industries IPO	Sathlokhar Synergys E&C Global IPO
Esprit Stones IPO	Esprit Stones IPO
	S A Tech Software India IPO
	Aprameya Engineering IPO
	Manglam Infra And Engineering IPO
	Chetana Education IPO

Comments

Add a public comment...