Arabian Petroleum IPO vs Kontor Space IPO

Comparison between Arabian Petroleum IPO and Kontor Space IPO.

IPO Details

Arabian Petroleum IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kontor Space IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Kontor Space IPO is up to ₹14.82 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Kontor Space IPO is ₹93.00 per share.

 Arabian Petroleum IPOKontor Space IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹70.00 per share₹93.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size27,44,000 shares15,93,600 shares
Fresh Issue Size (Amount)up to ₹19.21 Crup to ₹14.82 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,44,000 shares15,93,600 shares
Issue Size Total (Amount)up to ₹19.21 Crup to ₹14.82 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while Kontor Space IPO opens on Sep 27, 2023. The closing date of Arabian Petroleum IPO and Kontor Space IPO is Sep 27, 2023, and Oct 03, 2023, respectively.

 Arabian Petroleum IPOKontor Space IPO
Issue OpenSep 25, 2023Sep 27, 2023
Issue CloseSep 27, 2023Oct 03, 2023
Basis Of Allotment (Tentative)Oct 04, 2023Oct 05, 2023
Initiation of Refunds (Tentative)Oct 05, 2023Oct 06, 2023
Credit of Share (Tentative)Oct 06, 2023Oct 09, 2023
Listing date (Tentative)Oct 09, 2023Oct 10, 2023

Financials & KPIs

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Kontor Space IPO P/E ratio of 22.27.

 Arabian Petroleum IPOKontor Space IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets76.5171.3550.32
Total Income243.95191.59110.25
Profit After Tax4.864.142.88
NET Worth22.0317.1613.02
Reserves and Surplus14.0315.1611.02
Total Borrowing38.3129.4921.98
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets12.955.815.36
Total Income9.184.043.90
Profit After Tax1.880.30-0.62
NET Worth4.650.750.45
Reserves and Surplus0.65-1.25-1.55
Total Borrowing5.532.102.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%98.2%
Promoter Shareholding (Post-Issue)73.45%71.5%
P/E Ratio11.5122.27
Market Cap₹76.24 Cr.₹57.47 Cr.
ROE22.0840.82
ROCE32.4731.19
Debt/Equity1.751.19
EPS₹6.08₹9.46
RoNW22.0840.82

Shares Offered

In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Kontor Space IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and in Kontor Space IPO.

 Arabian Petroleum IPOKontor Space IPO
Market Maker Reservation1,48,000 shares86,400 shares
NII13,72,000 shares7,96,800 shares
RII13,72,000 shares7,96,800 shares
Total27,44,000 shares15,93,600 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.46x in total, whereas Kontor Space IPO subscribed 68.68x.

 Arabian Petroleum IPOKontor Space IPO
NII (times)15.72x41.87x
RII (times)23.19x95.49x
Total (times)19.46x68.68x

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Arabian Petroleum IPO Vs Kontor Space IPO