Auro Impex & Chemicals IPO vs Proventus Agrocom IPO

Comparision between Auro Impex & Chemicals IPO and Proventus Agrocom IPO.

IPO Details

Auro Impex & Chemicals IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Proventus Agrocom IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Auro Impex & Chemicals IPO	Proventus Agrocom IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Affinity Global Capital Market Private Limited	Sundae Capital Advisors
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Rikhav Securities Limited	Ajcon Global Services Limited
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 Auro Impex & Chemicals IPO is up to ₹27.07 Cr whereas the issue size of the Proventus Agrocom IPO is up to ₹69.54 Cr. The final issue price of Auro Impex & Chemicals IPO is ₹78.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.

	Auro Impex & Chemicals IPO	Proventus Agrocom IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹74.00 per share
Issue Price (Upper)	₹78.00 per share
Issue Price (Final)	₹78.00 per share	₹771.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	160 shares
Fresh Issue Size	29,20,000 shares	6,71,773 shares
Fresh Issue Size (Amount)	up to ₹22.78 Cr	up to ₹51.79 Cr
OFS Issue Size	5,50,400 shares	2,30,147 shares
OFS Issue Size (Amount)	up to ₹4.29 Cr	up to ₹17.74 Cr
Issue Size Total	34,70,400 shares	9,01,920 shares
Issue Size Total (Amount)	up to ₹27.07 Cr	up to ₹69.54 Cr

IPO Timetable

Auro Impex & Chemicals IPO opens on May 11, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of Auro Impex & Chemicals IPO and Proventus Agrocom IPO is May 15, 2023, and May 26, 2023, respectively.

	Auro Impex & Chemicals IPO	Proventus Agrocom IPO
Anchor Bid Date
Issue Open	May 11, 2023	May 24, 2023
Issue Close	May 15, 2023	May 26, 2023
Basis Of Allotment (Tentative)	May 18, 2023	May 31, 2023
Initiation of Refunds (Tentative)	May 19, 2023	Jun 01, 2023
Credit of Share (Tentative)	May 22, 2023	Jun 02, 2023
Listing date (Tentative)	May 23, 2023	Jun 05, 2023
Anchor Lockin End date 1	Jun 17, 2023	Jun 30, 2023
Anchor Lockin End date 2	Aug 16, 2023	Aug 29, 2023

Financials

Auro Impex & Chemicals IPO P/E ratio is 12.07, as compared to Proventus Agrocom IPO P/E ratio of 186.23.

Auro Impex & Chemicals IPO

Proventus Agrocom IPO

Financial

Auro Impex & Chemicals Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,841.42	3,760.98	27.01		322.62
31-Mar-21	3,360.59	7,372.70	90.54		413.16
31-Mar-22	6,219.56	15,184.93	230.03	1,155.04	1,077.70	3,679.97
31-Mar-23	8,228.09	23,296.54	599.92	1,754.96	826.88	4,875.92
Amount in ₹ Lakhs

Proventus Agrochem Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	8,936.94	90,089.01	-2,190.46	5,663.58	4,731.01	1,728.54
31-Mar-21	8,843.36	30,173.92	187.90	5,844.50	4,911.92	2,940.72
31-Mar-22	10,131.13	40,434.57	114.03	5,966.75	5,034.17	3,444.05
31-Dec-22	9,735.37	31,909.63	189.82	6,167.31	5,234.74	3,061.13
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

92.29%

Promoter Shareholding (Post-Issue)

70.84%

P/E Ratio

12.07

186.23

Market Cap

₹95.17 Cr.

₹264.27 Cr.

ROE

0.04%%

ROCE

0.05%%

Debt/Equity

2.77

0.56

EPS

₹6.00

₹4.14

RoNW

19.92%%

3.08%%

Shares Offered

In the Auro Impex & Chemicals IPO retail investors (RII) are offered 19,44,118 shares while in Proventus Agrocom IPO retail investors are offered 19,44,118 shares. Qualified institutional buyers (QIB) are offered 3,47,040 shares in Auro Impex & Chemicals IPO and 0 shares in Proventus Agrocom IPO.

	Auro Impex & Chemicals IPO	Proventus Agrocom IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,74,400 shares	45,100 shares
QIB	3,47,040 shares	0 shares
NII	11,79,242 shares	4,28,430 shares
RII	19,44,118 shares	4,28,450 shares
Employee	0 shares	0 shares
Others
Total	34,70,400 shares	8,56,880 shares

Bids Received (Subscription)

Auro Impex & Chemicals IPO subscribed 66.94x in total, whereas Proventus Agrocom IPO subscribed 2.70x.

	Auro Impex & Chemicals IPO	Proventus Agrocom IPO
QIB (times)	31.67x
NII (times)	104.05x	4.65x
Big NII (times)
Small NII (times)
RII (times)	50.72x	0.74x
Employee (times)
Other (times)
Total (times)	66.94x	2.70x

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