Arihant Institute IPO vs Palm Jewels IPO

Comparision between Arihant Institute IPO and Palm Jewels IPO.

IPO Details

Arihant Institute IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Palm Jewels IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Arihant Institute IPO	Palm Jewels IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Monarch Networth Capital Ltd	First Overseas Capital Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arihant Institute IPO is up to ₹7.50 Cr whereas the issue size of the Palm Jewels IPO is up to ₹8.90 Cr. The final issue price of Arihant Institute IPO is ₹30.00 per share and of Palm Jewels IPO is ₹30.00 per share.

	Arihant Institute IPO	Palm Jewels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹30.00 per share	₹30.00 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	25,00,000 shares	29,68,000 shares
Issue Size Total (Amount)	up to ₹7.50 Cr	up to ₹8.90 Cr

IPO Timetable

Arihant Institute IPO opens on May 23, 2018, while Palm Jewels IPO opens on May 25, 2018. The closing date of Arihant Institute IPO and Palm Jewels IPO is May 28, 2018, and Jun 04, 2018, respectively.

	Arihant Institute IPO	Palm Jewels IPO
Anchor Bid Date
Issue Open	May 23, 2018	May 25, 2018
Issue Close	May 28, 2018	Jun 04, 2018
Basis Of Allotment (Tentative)		Jun 06, 2018
Initiation of Refunds (Tentative)		Jun 07, 2018
Credit of Share (Tentative)		Jun 07, 2018
Listing date (Tentative)		Jun 12, 2018
Anchor Lockin End date 1		Jul 06, 2018
Anchor Lockin End date 2		Sep 04, 2018

Financials

Arihant Institute IPO P/E ratio is , as compared to Palm Jewels IPO P/E ratio of .

Arihant Institute IPO

Palm Jewels IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	586.93	575.03	729.55	666.60	597.24
Total Revenue	169.20	864.20	385.50	609.96	864.20
Profit After Tax	112.74	(14.45)	3.79	(146.26)	16.48

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	163.08	36.62	35.93	34.87	33.54
Total Revenue	552.38	157.48	97.91	41.63	118.89
Profit After Tax	1.54	0.53	(0.35)	0.19	0.14

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Arihant Institute IPO retail investors (RII) are offered 11,84,000 shares while in Palm Jewels IPO retail investors are offered 11,84,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arihant Institute IPO and 0 shares in Palm Jewels IPO.

	Arihant Institute IPO	Palm Jewels IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,32,000 shares	1,52,000 shares
QIB	0 shares	0 shares
NII	11,84,000 shares	14,08,000 shares
RII	11,84,000 shares	14,08,000 shares
Employee
Others
Total	23,68,000 shares	28,16,000 shares

Bids Received (Subscription)

Arihant Institute IPO subscribed 2.20x in total, whereas Palm Jewels IPO subscribed 1.16x.

	Arihant Institute IPO	Palm Jewels IPO
QIB (times)
NII (times)	0.69x	0.82x
Big NII (times)
Small NII (times)
RII (times)	3.71x	1.50x
Employee (times)
Other (times)
Total (times)	2.20x	1.16x

Compare with others

Arihant Institute IPO	Palm Jewels IPO
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Sonam Clock IPO	Accuracy Shipping IPO
Waa Solar IPO	Sonam Clock IPO
ShreeOswal Seeds & Chemicals IPO	Waa Solar IPO
Palm Jewels IPO	ShreeOswal Seeds & Chemicals IPO
Nakoda Group of Industries IPO	Arihant Institute IPO
Debock Sales IPO	Nakoda Group of Industries IPO
Shree Vasu Logistics IPO	Debock Sales IPO
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