Aether Industries IPO vs Rainbow Children Medicare IPO

Comparision between Aether Industries IPO and Rainbow Children Medicare IPO.

IPO Details

Aether Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rainbow Children Medicare IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aether Industries IPO	Rainbow Children Medicare IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Hdfc Bank Limited Kotak Mahindra Capital Company Limited	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited Iifl Securities Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aether Industries IPO is up to ₹808.04 Cr whereas the issue size of the Rainbow Children Medicare IPO is up to ₹1,580.85 Cr. The final issue price of Aether Industries IPO is ₹642.00 per share and of Rainbow Children Medicare IPO is ₹542.00 per share.

	Aether Industries IPO	Rainbow Children Medicare IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹610.00 per share	₹516.00 per share
Issue Price (Upper)	₹642.00 per share	₹542.00 per share
Issue Price (Final)	₹642.00 per share	₹542.00 per share
Discount (Retail)
Discount (Employee)		₹20.00 per share
Market Lot Size	23 shares	27 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹627.00 Cr	up to ₹280.00 Cr
OFS Issue Size	28,20,000 shares	2,40,00,900 shares
OFS Issue Size (Amount)	up to ₹181.04 Cr	up to ₹1,300.85 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹808.04 Cr	up to ₹1,580.85 Cr

IPO Timetable

Aether Industries IPO opens on May 24, 2022, while Rainbow Children Medicare IPO opens on Apr 27, 2022. The closing date of Aether Industries IPO and Rainbow Children Medicare IPO is May 26, 2022, and Apr 29, 2022, respectively.

	Aether Industries IPO	Rainbow Children Medicare IPO
Anchor Bid Date
Issue Open	May 24, 2022	Apr 27, 2022
Issue Close	May 26, 2022	Apr 29, 2022
Basis Of Allotment (Tentative)	May 31, 2022	May 05, 2022
Initiation of Refunds (Tentative)	Jun 01, 2022	May 06, 2022
Credit of Share (Tentative)	Jun 02, 2022	May 09, 2022
Listing date (Tentative)	Jun 03, 2022	May 10, 2022
Anchor Lockin End date 1	Jun 30, 2022	Jun 04, 2022
Anchor Lockin End date 2	Aug 29, 2022	Aug 03, 2022

Financials

Aether Industries IPO P/E ratio is 72.3, as compared to Rainbow Children Medicare IPO P/E ratio of 43.53.

Aether Industries IPO

Rainbow Children Medicare IPO

Financial

Aether Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	206.68	203.28	23.34
31-Mar-20	300.47	303.78	39.96
31-Mar-21	452.94	453.79	71.12
31-Dec-21	709.56	449.32	82.9
Amount in ₹ Crore

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Millions)
	31-Dec-21	31-Dec-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	12,397.56	10,762.22	10,812.67	10,192.37	9,263.96
Total Revenue	7,740.62	4,942.93	6,603.10	7,297.37	5,511.44
Profit After Tax	1,264.13	385.25	395.68	553.40	445.90

Promoter Shareholding (Pre-Issue)

96.96%

62.19%

Promoter Shareholding (Post-Issue)

87.09%

49.83%

P/E Ratio

72.3

43.53

Market Cap

₹7991.79 Cr.

₹5501.30 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aether Industries IPO retail investors (RII) are offered 45,43,517 shares while in Rainbow Children Medicare IPO retail investors are offered 45,43,517 shares. Qualified institutional buyers (QIB) are offered 27,48,241 shares in Aether Industries IPO and 1,44,33,000 shares in Rainbow Children Medicare IPO.

	Aether Industries IPO	Rainbow Children Medicare IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	27,48,241 shares	1,44,33,000 shares
NII	19,47,222 shares	43,30,000 shares
RII	45,43,517 shares	1,01,03,000 shares
Employee	1,17,213 shares	3,00,000 shares
Others
Total	93,56,193 shares	2,88,66,000 shares

Bids Received (Subscription)

Aether Industries IPO subscribed 6.26x in total, whereas Rainbow Children Medicare IPO subscribed 12.43x.

	Aether Industries IPO	Rainbow Children Medicare IPO
QIB (times)	17.57x	38.90x
NII (times)	2.52x	3.73x
Big NII (times)
Small NII (times)
RII (times)	1.14x	1.38x
Employee (times)	1.06x	0.31x
Other (times)
Total (times)	6.26x	12.43x

Compare with others

Aether Industries IPO	Rainbow Children Medicare IPO
DCX Systems IPO	Syrma IPO
Tamilnad Mercantile Bank IPO	Aether Industries IPO
Harsha Engineers IPO	eMudhra IPO
Dreamfolks Services IPO	Paradeep Phosphates IPO
Syrma IPO	Prudent Corporate Advisory Services IPO
eMudhra IPO	Campus Activewear IPO
Paradeep Phosphates IPO	Venus Pipes & Tubes IPO
Prudent Corporate Advisory Services IPO	Ethos Limited IPO
Rainbow Children Medicare IPO	Hariom Pipe Industries IPO
Campus Activewear IPO	Veranda Learning IPO

Comments

Add a public comment...