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Abha Power IPO vs Apex Ecotech IPO

Comparison between Abha Power IPO and Apex Ecotech IPO.

IPO Details

Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Apex Ecotech IPO is a SME Bookbuilding proposed to list at NSE SME.

 Abha Power IPOApex Ecotech IPO
LogoAbha Power IPO LogoApex Ecotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.Share India Capital Services Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Share India Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Apex Ecotech IPO is up to ₹24.08 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Apex Ecotech IPO is ₹73.00 per share.

 Abha Power IPOApex Ecotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share
Issue Price (Upper)₹73.00 per share
Issue Price (Final)₹75.00 per share₹73.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size38,76,800 shares32,99,200 shares
Fresh Issue Size (Amount)up to ₹29.08 Crup to ₹24.08 Cr
OFS Issue Size10,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹7.50 Crup to ₹0.00 Cr
Issue Size Total48,76,800 shares32,99,200 shares
Issue Size Total (Amount)up to ₹36.58 Crup to ₹24.08 Cr

IPO Timetable

Abha Power IPO opens on Nov 27, 2024, while Apex Ecotech IPO opens on Nov 27, 2024. The closing date of Abha Power IPO and Apex Ecotech IPO is Nov 29, 2024, and Nov 29, 2024, respectively.

 Abha Power IPOApex Ecotech IPO
Anchor Bid DateNov 26, 2024
Issue OpenNov 27, 2024Nov 27, 2024
Issue CloseNov 29, 2024Nov 29, 2024
Basis Of Allotment (Tentative)Dec 02, 2024Dec 02, 2024
Initiation of Refunds (Tentative)Dec 03, 2024Dec 03, 2024
Credit of Share (Tentative)Dec 03, 2024Dec 03, 2024
Listing date (Tentative)Dec 04, 2024Dec 04, 2024
Anchor Lockin End date 1Dec 31, 2024
Anchor Lockin End date 2Mar 01, 2025

Financials & KPIs

Abha Power IPO P/E ratio is 28.65, as compared to Apex Ecotech IPO P/E ratio of 10.66.

 Abha Power IPOApex Ecotech IPO
Financials

Company Financials (Restated)

Period Ended15 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets51.3647.3644.7735.37
Total Income37.5551.8355.1254.98
Profit After Tax3.623.781.40-0.72
NET Worth21.1617.5413.7511.20
Reserves and Surplus6.713.098.946.78
Total Borrowing21.7723.7323.9317.66
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets32.6825.5617.689.79
Total Income21.8353.4634.9220.03
Profit After Tax1.556.633.52-0.66
NET Worth16.2914.747.233.70
Reserves and Surplus6.6013.776.312.79
Total Borrowing1.210.420.581.10
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10094.32
Promoter Shareholding (Post-Issue)72.3569.29
P/E Ratio28.6510.66
Market Cap₹139.41 Cr.₹96.25 Cr.
ROE24.1710.01
ROCE23.6412.02
Debt/Equity1.350.07
EPS₹2.62₹6.85
RoNW24.1710.01

Shares Offered

In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Apex Ecotech IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered in Abha Power IPO and 6,59,200 shares in Apex Ecotech IPO.

 Abha Power IPOApex Ecotech IPO
Anchor Investor Reservation9,88,800 shares
Market Maker Reservation2,62,400 shares2,00,000 shares
QIB6,59,200 shares
NII24,38,400 shares4,96,000 shares
RII24,38,400 shares11,55,200 shares
Employee
Others
Total48,76,800 shares32,99,200 shares

Bids Received (Subscription)

Abha Power IPO subscribed 17.50x in total, whereas Apex Ecotech IPO subscribed 320.08x.

 Abha Power IPOApex Ecotech IPO
QIB (times)136.69x
NII (times)10.07x1,179.62x
Big NII (times)
Small NII (times)
RII (times)24.93x329.65x
Employee (times)
Other (times)
Total (times)17.50x320.08x

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Compare:

Abha Power IPO Vs Apex Ecotech IPO