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Avi Ansh Textile IPO vs Phoenix Overseas IPO

Comparison between Avi Ansh Textile IPO and Phoenix Overseas IPO.

IPO Details

Avi Ansh Textile IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Phoenix Overseas IPO is a SME Bookbuilding proposed to list at NSE SME.

 Avi Ansh Textile IPOPhoenix Overseas IPO
LogoAvi Ansh Textile IPO LogoPhoenix Overseas IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead Managers3Dimension Capital Services Ltd.Khandwala Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerNikunj Stock Brokers Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Avi Ansh Textile IPO is up to ₹24.68 Cr whereas the issue size of the Phoenix Overseas IPO is up to ₹34.23 Cr. The final issue price of Avi Ansh Textile IPO is ₹62.00 per share and of Phoenix Overseas IPO is ₹64.00 per share.

 Avi Ansh Textile IPOPhoenix Overseas IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹61.00 per share
Issue Price (Upper)₹64.00 per share
Issue Price (Final)₹62.00 per share₹64.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size39,80,000 shares42,98,000 shares
Fresh Issue Size (Amount)up to ₹24.68 Crup to ₹27.51 Cr
OFS Issue Size0 shares10,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹6.72 Cr
Issue Size Total39,80,000 shares53,48,000 shares
Issue Size Total (Amount)up to ₹24.68 Crup to ₹34.23 Cr

IPO Timetable

Avi Ansh Textile IPO opens on Sep 20, 2024, while Phoenix Overseas IPO opens on Sep 20, 2024. The closing date of Avi Ansh Textile IPO and Phoenix Overseas IPO is Sep 24, 2024, and Sep 24, 2024, respectively.

 Avi Ansh Textile IPOPhoenix Overseas IPO
Anchor Bid Date
Issue OpenSep 20, 2024Sep 20, 2024
Issue CloseSep 24, 2024Sep 24, 2024
Basis Of Allotment (Tentative)Sep 25, 2024Sep 25, 2024
Initiation of Refunds (Tentative)Sep 26, 2024Sep 26, 2024
Credit of Share (Tentative)Sep 26, 2024Sep 26, 2024
Listing date (Tentative)Sep 27, 2024Sep 27, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Avi Ansh Textile IPO P/E ratio is 18.31, as compared to Phoenix Overseas IPO P/E ratio of 17.18.

 Avi Ansh Textile IPOPhoenix Overseas IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets65.2346.9243.3746.95
Total Income142.15121.50120.1772.64
Profit After Tax3.310.291.560.68
NET Worth15.8712.5712.3010.76
Reserves and Surplus6.092.782.510.98
Total Borrowing44.8131.9326.6033.75
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets131.63146.8694.81
Total Income549.15451.32378.28
Profit After Tax5.503.753.91
NET Worth50.1245.7142.47
Reserves and Surplus45.2040.7837.54
Total Borrowing29.3734.4729.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.6799.16
Promoter Shareholding (Post-Issue)66.9870.26
P/E Ratio18.3117.18
Market Cap₹86.67 Cr.₹123.81 Cr.
ROE20.8810.74
ROCE15.8815.28
Debt/Equity2.820.59
EPS₹3.39₹3.72
RoNW20.8810.74

Shares Offered

In the Avi Ansh Textile IPO Retail Individual Investors (RII) are offered 19,90,000 shares while in Phoenix Overseas IPO retail investors are offered 19,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Avi Ansh Textile IPO and 8,00,000 shares in Phoenix Overseas IPO.

 Avi Ansh Textile IPOPhoenix Overseas IPO
Anchor Investor Reservation
Market Maker Reservation2,12,000 shares2,82,000 shares
QIB8,00,000 shares
NII19,90,000 shares23,00,000 shares
RII19,90,000 shares22,48,000 shares
Employee
Others
Total39,80,000 shares53,48,000 shares

Bids Received (Subscription)

Avi Ansh Textile IPO subscribed 8.32x in total, whereas Phoenix Overseas IPO subscribed 121.14x.

 Avi Ansh Textile IPOPhoenix Overseas IPO
QIB (times)65.90x
NII (times)5.26x113.82x
Big NII (times)
Small NII (times)
RII (times)11.38x148.29x
Employee (times)
Other (times)
Total (times)8.32x121.14x

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Compare:

Avi Ansh Textile IPO Vs Phoenix Overseas IPO