Accuracy Shipping IPO vs Waa Solar IPO

Comparision between Accuracy Shipping IPO and Waa Solar IPO.

IPO Details

Accuracy Shipping IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Waa Solar IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Accuracy Shipping IPO	Waa Solar IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Guiness Corporate Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Accuracy Shipping IPO is up to ₹35.76 Cr whereas the issue size of the Waa Solar IPO is up to ₹28.18 Cr. The final issue price of Accuracy Shipping IPO is ₹84.00 per share and of Waa Solar IPO is ₹161.00 per share.

	Accuracy Shipping IPO	Waa Solar IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹81.00 per share
Issue Price (Upper)	₹84.00 per share
Issue Price (Final)	₹84.00 per share	₹161.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	42,57,600 shares	17,50,000 shares
Issue Size Total (Amount)	up to ₹35.76 Cr	up to ₹28.18 Cr

IPO Timetable

Accuracy Shipping IPO opens on Jun 11, 2018, while Waa Solar IPO opens on May 31, 2018. The closing date of Accuracy Shipping IPO and Waa Solar IPO is Jun 14, 2018, and Jun 04, 2018, respectively.

	Accuracy Shipping IPO	Waa Solar IPO
Anchor Bid Date
Issue Open	Jun 11, 2018	May 31, 2018
Issue Close	Jun 14, 2018	Jun 04, 2018
Basis Of Allotment (Tentative)	Jun 19, 2018
Initiation of Refunds (Tentative)	Jun 20, 2018
Credit of Share (Tentative)	Jun 21, 2018
Listing date (Tentative)	Jun 22, 2018
Anchor Lockin End date 1	Jul 19, 2018
Anchor Lockin End date 2	Sep 17, 2018

Financials

Accuracy Shipping IPO P/E ratio is , as compared to Waa Solar IPO P/E ratio of .

Accuracy Shipping IPO

Waa Solar IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	5,825.34	4,394.03	2,783.54	1,299.16	520.31
Total Revenue	20,129.20	17,078.99	16,165.61	9,738.73	3,064.89
Profit After Tax	195.93	106.86	31.60	61.61	26.83

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	20,018.99	19,806.98	21,882.07	18,113.28	15,908.92
Total Revenue	2,607.24	4,689.97	5,426.30	2,900.85	2,773.49
Profit After Tax	427.50	633.98	1,152.70	538.07	828.28

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Accuracy Shipping IPO retail investors (RII) are offered 4,27,440 shares while in Waa Solar IPO retail investors are offered 4,27,440 shares. Qualified institutional buyers (QIB) are offered 14,24,800 shares in Accuracy Shipping IPO and 0 shares in Waa Solar IPO.

	Accuracy Shipping IPO	Waa Solar IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,17,600 shares	1,04,000 shares
QIB	14,24,800 shares	0 shares
NII	9,97,360 shares	8,23,000 shares
RII	4,27,440 shares	8,23,000 shares
Employee
Others
Total	28,49,600 shares	16,46,000 shares

Bids Received (Subscription)

Accuracy Shipping IPO subscribed 1.50x in total, whereas Waa Solar IPO subscribed 1.85x.

	Accuracy Shipping IPO	Waa Solar IPO
QIB (times)	0.56x
NII (times)	1.42x	0.85x
Big NII (times)
Small NII (times)
RII (times)	4.79x	2.84x
Employee (times)
Other (times)
Total (times)	1.50x	1.85x

Compare with others

Accuracy Shipping IPO	Waa Solar IPO
Bright Solar IPO	Ushanti Colour Chem IPO
Rudrabhishek Enterprises IPO	Supreme Engineering IPO
Ushanti Colour Chem IPO	Priti International IPO
Supreme Engineering IPO	Accuracy Shipping IPO
Priti International IPO	Sonam Clock IPO
Sonam Clock IPO	ShreeOswal Seeds & Chemicals IPO
Waa Solar IPO	Palm Jewels IPO
ShreeOswal Seeds & Chemicals IPO	Arihant Institute IPO
Palm Jewels IPO	Nakoda Group of Industries IPO
Arihant Institute IPO	Debock Sales IPO

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