Aspire & Innovative IPO vs Yash Optics & Lens IPO

Comparision between Aspire & Innovative IPO and Yash Optics & Lens IPO.

IPO Details

Aspire & Innovative IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Yash Optics & Lens IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aspire & Innovative IPO	Yash Optics & Lens 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	Hem Securities Limited	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Rikhav Securities Limited
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 Aspire & Innovative IPO is up to ₹21.97 Cr whereas the issue size of the Yash Optics & Lens IPO is up to ₹53.15 Cr. The final issue price of Aspire & Innovative IPO is ₹54.00 per share and of Yash Optics & Lens IPO is ₹81.00 per share.

	Aspire & Innovative IPO	Yash Optics & Lens IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹51.00 per share	₹75.00 per share
Issue Price (Upper)	₹54.00 per share	₹81.00 per share
Issue Price (Final)	₹54.00 per share	₹81.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size	40,68,000 shares	65,61,600 shares
Fresh Issue Size (Amount)	up to ₹21.97 Cr	up to ₹53.15 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	40,68,000 shares	65,61,600 shares
Issue Size Total (Amount)	up to ₹21.97 Cr	up to ₹53.15 Cr

IPO Timetable

Aspire & Innovative IPO opens on Mar 26, 2024, while Yash Optics & Lens IPO opens on Mar 27, 2024. The closing date of Aspire & Innovative IPO and Yash Optics & Lens IPO is Mar 28, 2024, and Apr 03, 2024, respectively.

	Aspire & Innovative IPO	Yash Optics & Lens IPO
Anchor Bid Date	Mar 22, 2024	Mar 26, 2024
Issue Open	Mar 26, 2024	Mar 27, 2024
Issue Close	Mar 28, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 02, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 03, 2024	Apr 08, 2024
Anchor Lockin End date 1	May 01, 2024	May 04, 2024
Anchor Lockin End date 2	Jun 30, 2024	Jul 03, 2024

Financials

Aspire & Innovative IPO P/E ratio is 11.3, as compared to Yash Optics & Lens IPO P/E ratio of 18.28.

Aspire & Innovative IPO

Yash Optics & Lens IPO

Financial

Aspire & Innovative Advertising Limited Financial Information (Restated Standalone)

Aspire & Innovative Advertising Limited's revenue increased by 35.46% and profit after tax (PAT) rose by 21.38% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,135.72	6,256.99	5,328.01	3,492.07
Revenue	17,710.29	34,620.10	25,558.30	10,833.44
Profit After Tax	393.28	530.85	437.36	227.75
Net Worth	1,944.53	1,551.25	1,020.39	520.98
Reserves and Surplus	833.53	1,440.15	909.29	519.98
Total Borrowing	1,160.89	881.53	111.02	55.91
Amount in ₹ Lakhs

Yash Optics & Lens Limited Financial Information (Restated)

Yash Optics & Lens Limited's revenue increased by 33.3% and profit after tax (PAT) rose by 18.32% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,412.63	3,414.26	2,444.86	1,215.25
Revenue	1,869.16	3,980.39	2,986.04	1,498.24
Profit After Tax	422.52	806.58	681.67	106.31
Net Worth	2,334.01	1,911.50	1,104.92	426.61
Reserves and Surplus	2,333.01	1,910.50	1,103.92	425.61
Total Borrowing	2,452.69	1,085.63	402.36	585.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.84%

97.45%

Promoter Shareholding (Post-Issue)

72.35%

71.63%

P/E Ratio

11.3

18.28

Market Cap

₹81.96 Cr.

₹200.60 Cr.

ROE

22.50%%

18.10%

ROCE

18.59%%

10.38%

Debt/Equity

0.6

1.05

EPS

₹4.78

₹4.43

RoNW

20.22%%

18.09%%

Shares Offered

In the Aspire & Innovative IPO retail investors (RII) are offered 13,54,000 shares while in Yash Optics & Lens IPO retail investors are offered 13,54,000 shares. Qualified institutional buyers (QIB) are offered 7,74,000 shares in Aspire & Innovative IPO and 11,64,800 shares in Yash Optics & Lens IPO.

	Aspire & Innovative IPO	Yash Optics & Lens IPO
Anchor Investor Reserveration	11,56,000 shares	17,02,400 shares
Market Maker Reserveration	2,04,000 shares	3,31,200 shares
QIB	7,74,000 shares	11,64,800 shares
NII	5,80,000 shares	11,10,400 shares
RII	13,54,000 shares	22,52,800 shares
Employee	0 shares	0 shares
Others
Total	27,08,000 shares	45,28,000 shares

Bids Received (Subscription)

Aspire & Innovative IPO subscribed 15.17x in total, whereas Yash Optics & Lens IPO subscribed 42.17x.

	Aspire & Innovative IPO	Yash Optics & Lens IPO
QIB (times)	5.21x	19.88x
NII (times)	25.60x	85.27x
Big NII (times)
Small NII (times)
RII (times)	16.39x	32.46x
Employee (times)
Other (times)
Total (times)	15.17x	42.17x

Compare with others

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Jay Kailash Namkeen IPO	DCG Cables & Wires IPO
Yash Optics & Lens IPO	Creative Graphics Solutions India IPO
GConnect Logitech IPO	K2 Infragen IPO
TAC Infosec IPO	Aluwind Architectural IPO
Radiowalla IPO	Jay Kailash Namkeen IPO
Blue Pebble IPO	GConnect Logitech IPO
Vruddhi Engineering Works IPO	TAC Infosec IPO
Naman In-Store (India) IPO	Radiowalla IPO
Omfurn India FPO	Aspire & Innovative IPO
Vishwas Agri Seeds IPO	Blue Pebble IPO

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