Alumilite IPO vs Anand Rayons IPO

Comparision between Alumilite IPO and Anand Rayons IPO.

IPO Details

Alumilite IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Anand Rayons IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Alumilite IPO	Anand Rayons IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Guiness Corporate Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Alumilite IPO is up to ₹11.48 Cr whereas the issue size of the Anand Rayons IPO is up to ₹12.66 Cr. The final issue price of Alumilite IPO is ₹30.00 per share and of Anand Rayons IPO is ₹27.00 per share.

	Alumilite IPO	Anand Rayons IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹27.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	4000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	38,28,000 shares	46,88,000 shares
Issue Size Total (Amount)	up to ₹11.48 Cr	up to ₹12.66 Cr

IPO Timetable

Alumilite IPO opens on Jun 24, 2019, while Anand Rayons IPO opens on Jun 18, 2019. The closing date of Alumilite IPO and Anand Rayons IPO is Jun 28, 2019, and Jun 24, 2019, respectively.

	Alumilite IPO	Anand Rayons IPO
Anchor Bid Date
Issue Open	Jun 24, 2019	Jun 18, 2019
Issue Close	Jun 28, 2019	Jun 24, 2019
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)	Jul 04, 2019	Jun 28, 2019
Credit of Share (Tentative)		Jul 01, 2019
Listing date (Tentative)	Jul 08, 2019	Jul 02, 2019
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Alumilite IPO P/E ratio is , as compared to Anand Rayons IPO P/E ratio of .

Alumilite IPO

Anand Rayons IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	7,246.79	6,543.09	6,186.12	5,174.76
Total Revenue	1,618.27	3,052.71	3,322.94	2,036.76
Profit After Tax	258.14	282.92	122.96	54.53

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Jan-19	31-Mar-18	31-Dec-17	31-Mar-16
Total Assets	6,103.46	5,942.08	5,809.05	3,796.06
Total Revenue	23,176.44	25,959.08	27,062.38	21,992.23
Profit After Tax	172.41	145.14	104.70	45.73

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

64.97%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Alumilite IPO retail investors (RII) are offered 18,18,000 shares while in Anand Rayons IPO retail investors are offered 18,18,000 shares. Qualified institutional buyers (QIB) are offered in Alumilite IPO and in Anand Rayons IPO.

	Alumilite IPO	Anand Rayons IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,92,000 shares	2,40,000 shares
QIB
NII	18,18,000 shares	22,24,000 shares
RII	18,18,000 shares	22,24,000 shares
Employee
Others
Total	36,36,000 shares	44,48,000 shares

Bids Received (Subscription)

Alumilite IPO subscribed 1.08x in total, whereas Anand Rayons IPO subscribed 1.17x.

	Alumilite IPO	Anand Rayons IPO
QIB (times)
NII (times)	1.48x	1.86x
Big NII (times)
Small NII (times)
RII (times)	0.68x	0.48x
Employee (times)
Other (times)
Total (times)	1.08x	1.17x

Compare with others

Alumilite IPO	Anand Rayons IPO
Alphalogic IPO	SK International IPO
Shiv Aum IPO	AB Infrabuild IPO
Wonder Fibromats IPO	SBC Exports IPO
City Pulse IPO	Earum IPO
SK International IPO	Parshva Enterprises IPO
AB Infrabuild IPO	Meera Industries FPO
SBC Exports IPO	Suich Industries IPO
Earum IPO	Gensol Engineering IPO
Parshva Enterprises IPO	Par Drugs IPO
Anand Rayons IPO	Evans Electric IPO

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