Aether Industries IPO vs Prudent Corporate Advisory Services IPO

Comparision between Aether Industries IPO and Prudent Corporate Advisory Services IPO.

IPO Details

Aether Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Prudent Corporate Advisory Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aether Industries IPO	Prudent Corporate Advisory Services 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	Hdfc Bank Limited Kotak Mahindra Capital Company Limited	ICICI Securities Limited Axis Capital Limited Equirus Capital Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private 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 Aether Industries IPO is up to ₹808.04 Cr whereas the issue size of the Prudent Corporate Advisory Services IPO is up to ₹538.61 Cr. The final issue price of Aether Industries IPO is ₹642.00 per share and of Prudent Corporate Advisory Services IPO is ₹630.00 per share.

	Aether Industries IPO	Prudent Corporate Advisory Services IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹610.00 per share	₹595.00 per share
Issue Price (Upper)	₹642.00 per share	₹630.00 per share
Issue Price (Final)	₹642.00 per share	₹630.00 per share
Discount (Retail)
Discount (Employee)		₹59.00 per share
Market Lot Size	23 shares	23 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹627.00 Cr
OFS Issue Size	28,20,000 shares	85,49,340 shares
OFS Issue Size (Amount)	up to ₹181.04 Cr	up to ₹538.61 Cr
Issue Size Total		85,49,340 shares
Issue Size Total (Amount)	up to ₹808.04 Cr	up to ₹538.61 Cr

IPO Timetable

Aether Industries IPO opens on May 24, 2022, while Prudent Corporate Advisory Services IPO opens on May 10, 2022. The closing date of Aether Industries IPO and Prudent Corporate Advisory Services IPO is May 26, 2022, and May 12, 2022, respectively.

	Aether Industries IPO	Prudent Corporate Advisory Services IPO
Anchor Bid Date
Issue Open	May 24, 2022	May 10, 2022
Issue Close	May 26, 2022	May 12, 2022
Basis Of Allotment (Tentative)	May 31, 2022	May 18, 2022
Initiation of Refunds (Tentative)	Jun 01, 2022	May 19, 2022
Credit of Share (Tentative)	Jun 02, 2022	May 20, 2022
Listing date (Tentative)	Jun 03, 2022	May 20, 2022
Anchor Lockin End date 1	Jun 30, 2022	Jun 17, 2022
Anchor Lockin End date 2	Aug 29, 2022	Aug 16, 2022

Financials

Aether Industries IPO P/E ratio is 72.3, as compared to Prudent Corporate Advisory Services IPO P/E ratio of 33.94.

Aether Industries IPO

Prudent Corporate Advisory Services IPO

Financial

Aether Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	206.68	203.28	23.34
31-Mar-20	300.47	303.78	39.96
31-Mar-21	452.94	453.79	71.12
31-Dec-21	709.56	449.32	82.9
Amount in ₹ Crore

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	3,873.40	2,849.30	1,960.75	1,932.15
Total Revenue	3,279.98	2,948.96	2,362.20	2,250.58
Profit After Tax	576.28	452.97	278.53	210.19

Promoter Shareholding (Pre-Issue)

96.96%

56.78%

Promoter Shareholding (Post-Issue)

87.09%

56.78%

P/E Ratio

72.3

33.94

Market Cap

₹7991.79 Cr.

₹2608.62 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aether Industries IPO retail investors (RII) are offered 45,43,517 shares while in Prudent Corporate Advisory Services IPO retail investors are offered 45,43,517 shares. Qualified institutional buyers (QIB) are offered 27,48,241 shares in Aether Industries IPO and 16,87,101 shares in Prudent Corporate Advisory Services IPO.

	Aether Industries IPO	Prudent Corporate Advisory Services IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	27,48,241 shares	16,87,101 shares
NII	19,47,222 shares	12,65,326 shares
RII	45,43,517 shares	29,52,427 shares
Employee	1,17,213 shares	1,13,835 shares
Others
Total	93,56,193 shares	60,18,689 shares

Bids Received (Subscription)

Aether Industries IPO subscribed 6.26x in total, whereas Prudent Corporate Advisory Services IPO subscribed 1.22x.

	Aether Industries IPO	Prudent Corporate Advisory Services IPO
QIB (times)	17.57x	1.26x
NII (times)	2.52x	0.99x
Big NII (times)
Small NII (times)
RII (times)	1.14x	1.29x
Employee (times)	1.06x	1.23x
Other (times)
Total (times)	6.26x	1.22x

Compare with others

Aether Industries IPO	Prudent Corporate Advisory Services IPO
DCX Systems IPO	Dreamfolks Services IPO
Tamilnad Mercantile Bank IPO	Syrma IPO
Harsha Engineers IPO	Aether Industries IPO
Dreamfolks Services IPO	eMudhra IPO
Syrma IPO	Paradeep Phosphates IPO
eMudhra IPO	Rainbow Children Medicare IPO
Paradeep Phosphates IPO	Campus Activewear IPO
Prudent Corporate Advisory Services IPO	Venus Pipes & Tubes IPO
Rainbow Children Medicare IPO	Ethos Limited IPO
Campus Activewear IPO	Hariom Pipe Industries IPO

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