Aeroflex Industries IPO vs Rishabh Instruments IPO

Comparision between Aeroflex Industries IPO and Rishabh Instruments IPO.

IPO Details

Aeroflex Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rishabh Instruments IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aeroflex Industries IPO	Rishabh Instruments 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	Pantomath Capital Advisors Pvt Ltd	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited Mirae Asset Capital Markets (India) Private Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the Rishabh Instruments IPO is up to ₹490.78 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of Rishabh Instruments IPO is ₹441.00 per share.

	Aeroflex Industries IPO	Rishabh Instruments IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share	₹418.00 per share
Issue Price (Upper)	₹108.00 per share	₹441.00 per share
Issue Price (Final)	₹108.00 per share	₹441.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	130 shares	34 shares
Fresh Issue Size	1,50,00,000 shares	17,00,680 shares
Fresh Issue Size (Amount)	up to ₹162.00 Cr	up to ₹75.00 Cr
OFS Issue Size	1,75,00,000 shares	94,28,178 shares
OFS Issue Size (Amount)	up to ₹189.00 Cr	up to ₹415.78 Cr
Issue Size Total	3,25,00,000 shares	1,11,28,858 shares
Issue Size Total (Amount)	up to ₹351.00 Cr	up to ₹490.78 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while Rishabh Instruments IPO opens on Aug 30, 2023. The closing date of Aeroflex Industries IPO and Rishabh Instruments IPO is Aug 24, 2023, and Sep 01, 2023, respectively.

	Aeroflex Industries IPO	Rishabh Instruments IPO
Anchor Bid Date	Aug 21, 2023	Aug 29, 2023
Issue Open	Aug 22, 2023	Aug 30, 2023
Issue Close	Aug 24, 2023	Sep 01, 2023
Basis Of Allotment (Tentative)	Aug 29, 2023	Sep 06, 2023
Initiation of Refunds (Tentative)	Aug 30, 2023	Sep 07, 2023
Credit of Share (Tentative)	Aug 31, 2023	Sep 08, 2023
Listing date (Tentative)	Aug 31, 2023	Sep 11, 2023
Anchor Lockin End date 1	Sep 28, 2023	Oct 06, 2023
Anchor Lockin End date 2	Nov 27, 2023	Dec 05, 2023

Financials

Aeroflex Industries IPO P/E ratio is 40.91, as compared to Rishabh Instruments IPO P/E ratio of .

Aeroflex Industries IPO

Rishabh Instruments IPO

Financial

Aeroflex Industries IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	157.19	161.64	183.44	213.98
Revenue	144.94	144.84	240.99	269.48
Profit After Tax	4.69	6.01	27.51	30.15
Net Worth	52.70	58.72	86.22	114.09
Reserves and Surplus
Total Borrowing	63.46	53.07	39.13	45.01

Amount in ₹ Crore

Rishabh Instruments IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	511.97	563.89	648.93
Revenue	402.49	479.92	579.78
Profit After Tax	35.94	49.65	49.69
Net Worth	302.13	346.10	408.75
Reserves and Surplus
Total Borrowing	91.95	96.57	102.85

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.09%

80.67%

Promoter Shareholding (Post-Issue)

66.99%

70.68%

P/E Ratio

40.91

Market Cap

₹1674.10 Cr.

ROE

26.43%%

12.39%%

ROCE

31.96%%

13.77%%

Debt/Equity

0.39

0.26

EPS

₹2.64

₹12.84

RoNW

26.43%%

11.67%%

Shares Offered

In the Aeroflex Industries IPO retail investors (RII) are offered 1,15,08,824 shares while in Rishabh Instruments IPO retail investors are offered 1,15,08,824 shares. Qualified institutional buyers (QIB) are offered 62,76,490 shares in Aeroflex Industries IPO and 22,25,772 shares in Rishabh Instruments IPO.

	Aeroflex Industries IPO	Rishabh Instruments IPO
Anchor Investor Reserveration	95,99,980 shares	33,38,656 shares
Market Maker Reserveration
QIB	62,76,490 shares	22,25,772 shares
NII	49,32,353 shares	16,69,329 shares
RII	1,15,08,824 shares	38,95,101 shares
Employee	0 shares	0 shares
Others
Total	2,32,17,667 shares	77,90,202 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas Rishabh Instruments IPO subscribed 31.65x.

	Aeroflex Industries IPO	Rishabh Instruments IPO
QIB (times)	194.73x	72.54x
NII (times)	126.13x	31.29x
Big NII (times)	125.80x	34.01x
Small NII (times)	126.80x	25.86x
RII (times)	34.41x	8.44x
Employee (times)
Other (times)	28.52x
Total (times)	97.11x	31.65x

Compare with others

Aeroflex Industries IPO	Rishabh Instruments IPO
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Jupiter Life Line Hospitals IPO	R R Kabel IPO
Rishabh Instruments IPO	SAMHI Hotels IPO
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India Shelter Finance IPO	Vishnu Prakash R Punglia IPO
Balaji Speciality Chemicals IPO	Aeroflex Industries IPO
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Concord Biotech IPO	India Shelter Finance IPO

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