Akums Drugs and Pharmaceuticals IPO vs Vraj Iron and Steel IPO

Comparision between Akums Drugs and Pharmaceuticals IPO and Vraj Iron and Steel IPO.

IPO Details

Akums Drugs and Pharmaceuticals IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vraj Iron and Steel IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Akums Drugs and Pharmaceuticals IPO	Vraj Iron and Steel IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Axis Bank Limited Citigroup Global Markets India Private Limited Ambit Private Limited	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Akums Drugs and Pharmaceuticals IPO is up to ₹1,856.74 Cr whereas the issue size of the Vraj Iron and Steel IPO is up to ₹171.00 Cr. The final issue price of Akums Drugs and Pharmaceuticals IPO is ₹679.00 per share and of Vraj Iron and Steel IPO is ₹207.00 per share.

	Akums Drugs and Pharmaceuticals IPO	Vraj Iron and Steel IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹646.00 per share	₹195.00 per share
Issue Price (Upper)	₹679.00 per share	₹207.00 per share
Issue Price (Final)	₹679.00 per share	₹207.00 per share
Discount (Retail)
Discount (Employee)	₹64.00 per share
Market Lot Size	22 shares	72 shares
Fresh Issue Size	1,00,14,727 shares	82,60,870 shares
Fresh Issue Size (Amount)	up to ₹680.00 Cr	up to ₹171.00 Cr
OFS Issue Size	1,73,30,435 shares
OFS Issue Size (Amount)	up to ₹1,176.74 Cr
Issue Size Total	2,73,45,162 shares	82,60,870 shares
Issue Size Total (Amount)	up to ₹1,856.74 Cr	up to ₹171.00 Cr

IPO Timetable

Akums Drugs and Pharmaceuticals IPO opens on Jul 30, 2024, while Vraj Iron and Steel IPO opens on Jun 26, 2024. The closing date of Akums Drugs and Pharmaceuticals IPO and Vraj Iron and Steel IPO is Aug 01, 2024, and Jun 28, 2024, respectively.

	Akums Drugs and Pharmaceuticals IPO	Vraj Iron and Steel IPO
Anchor Bid Date	Jul 29, 2024	Jun 25, 2024
Issue Open	Jul 30, 2024	Jun 26, 2024
Issue Close	Aug 01, 2024	Jun 28, 2024
Basis Of Allotment (Tentative)	Aug 02, 2024	Jul 01, 2024
Initiation of Refunds (Tentative)	Aug 05, 2024	Jul 02, 2024
Credit of Share (Tentative)	Aug 05, 2024	Jul 02, 2024
Listing date (Tentative)	Aug 06, 2024	Jul 03, 2024
Anchor Lockin End date 1	Sep 01, 2024	Jul 31, 2024
Anchor Lockin End date 2	Oct 31, 2024	Sep 29, 2024

Financials

Akums Drugs and Pharmaceuticals IPO P/E ratio is , as compared to Vraj Iron and Steel IPO P/E ratio of 9.48.

Akums Drugs and Pharmaceuticals IPO

Vraj Iron and Steel IPO

Financial

Akums Drugs and Pharmaceuticals Limited Financial Information (Restated Consolidated)

Akums Drugs and Pharmaceuticals Limited's revenue increased by 13.81% and profit after tax (PAT) dropped by -99.19% 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	3,516.37	3,266.53	3,069.05
Revenue	4,212.21	3,700.93	3,694.52
Profit After Tax	0.79	97.82	-250.87
Net Worth	709.50	717.19	621.98
Reserves and Surplus	861.01	868.70	787.79
Total Borrowing	491.56	536.97	357.95
Amount in ₹ Crore

Vraj Iron and Steel Limited Financial Information (Restated Consolidated)

Vraj Iron and Steel Limited's revenue increased by 24.87% and profit after tax (PAT) rose by 88.12% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	253.05	191.54	150.77	126.33
Revenue	304.81	517.42	414.38	290.93
Profit After Tax	44.58	54.00	28.70	10.99
Net Worth	187.50	140.92	87.14	57.79
Reserves and Surplus	162.78	135.97	82.19	52.85
Total Borrowing	49.30	22.98	42.51	45.78
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

84.94%

99.99%

Promoter Shareholding (Post-Issue)

P/E Ratio

9.48

Market Cap

₹682.74 Cr.

ROE

0.11%%

23.78%%

ROCE

3.37%%

25.34%%

Debt/Equity

0.69

0.27

EPS

₹21.84

RoNW

-0.57%

23.78%%

Shares Offered

In the Akums Drugs and Pharmaceuticals IPO retail investors (RII) are offered 27,12,424 shares while in Vraj Iron and Steel IPO retail investors are offered 27,12,424 shares. Qualified institutional buyers (QIB) are offered 81,37,276 shares in Akums Drugs and Pharmaceuticals IPO and 16,52,174 shares in Vraj Iron and Steel IPO.

	Akums Drugs and Pharmaceuticals IPO	Vraj Iron and Steel IPO
Anchor Investor Reserveration	1,22,05,912 shares	24,78,259 shares
Market Maker Reserveration
QIB	81,37,276 shares	16,52,174 shares
NII	40,68,637 shares	12,39,130 shares
RII	27,12,424 shares	28,91,305 shares
Employee	2,43,902 shares	0 shares
Others
Total	1,51,62,239 shares	57,82,609 shares

Bids Received (Subscription)

Akums Drugs and Pharmaceuticals IPO subscribed 63.44x in total, whereas Vraj Iron and Steel IPO subscribed 126.36x.

	Akums Drugs and Pharmaceuticals IPO	Vraj Iron and Steel IPO
QIB (times)	90.09x	173.99x
NII (times)	42.10x	221.66x
Big NII (times)	47.43x	217.50x
Small NII (times)	31.45x	229.99x
RII (times)	20.80x	58.31x
Employee (times)	4.14x
Other (times)
Total (times)	63.44x	126.36x

Compare with others

Akums Drugs and Pharmaceuticals IPO	Vraj Iron and Steel IPO
Interarch Building Products IPO	Akums Drugs and Pharmaceuticals IPO
Orient Technologies IPO	Sanstar IPO
Unicommerce eSolutions IPO	Bansal Wire IPO
Brainbees Solutions (Firstcry) IPO	Emcure Pharma IPO
Ceigall India IPO	OLA Electric IPO
Sanstar IPO	Aasaan Loans IPO
Bansal Wire IPO	Stanley Lifestyles IPO
Emcure Pharma IPO	DEE Piping Systems IPO
OLA Electric IPO	ixigo IPO
Vraj Iron and Steel IPO	Kronox Lab Sciences IPO

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