ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Avax Apparels IPO vs Rappid Valves IPO

Comparison between Avax Apparels IPO and Rappid Valves IPO.

IPO Details

Avax Apparels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Rappid Valves IPO is a SME Bookbuilding proposed to list at NSE SME.

 Avax Apparels IPORappid Valves IPO
LogoAvax Apparels IPO LogoRappid Valves IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersSKI Capital Services Ltd.Shreni Shares Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSKI Capital Services Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Avax Apparels IPO is up to ₹1.82 Cr whereas the issue size of the Rappid Valves IPO is up to ₹28.86 Cr. The final issue price of Avax Apparels IPO is ₹70.00 per share and of Rappid Valves IPO is ₹222.00 per share.

 Avax Apparels IPORappid Valves IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹210.00 per share
Issue Price (Upper)₹222.00 per share
Issue Price (Final)₹70.00 per share₹222.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares600 shares
Fresh Issue Size2,60,000 shares13,00,200 shares
Fresh Issue Size (Amount)up to ₹1.82 Crup to ₹28.86 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total2,60,000 shares13,00,200 shares
Issue Size Total (Amount)up to ₹1.82 Crup to ₹28.86 Cr

IPO Timetable

Avax Apparels IPO opens on Jan 07, 2025, while Rappid Valves IPO opens on Sep 23, 2024. The closing date of Avax Apparels IPO and Rappid Valves IPO is Jan 09, 2025, and Sep 25, 2024, respectively.

 Avax Apparels IPORappid Valves IPO
Anchor Bid DateSep 20, 2024
Issue OpenJan 07, 2025Sep 23, 2024
Issue CloseJan 09, 2025Sep 25, 2024
Basis Of Allotment (Tentative)Jan 10, 2025Sep 26, 2024
Initiation of Refunds (Tentative)Jan 13, 2025Sep 27, 2024
Credit of Share (Tentative)Jan 13, 2025Sep 27, 2024
Listing date (Tentative)Jan 14, 2025Sep 30, 2024
Anchor Lockin End date 1Oct 25, 2024
Anchor Lockin End date 2Dec 24, 2024

Financials & KPIs

Avax Apparels IPO P/E ratio is 3.88, as compared to Rappid Valves IPO P/E ratio of 20.53.

 Avax Apparels IPORappid Valves IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets10.894.853.470.58
Total Income15.0122.0614.700.29
Profit After Tax0.911.380.690.01
NET Worth4.053.151.760.02
Total Borrowing0.720.720.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets29.9416.5712.18
Total Income36.6016.4312.15
Profit After Tax4.130.460.29
NET Worth12.223.12-0.25
Reserves and Surplus3.72-0.38-0.80
Total Borrowing10.989.939.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)5769.46
Promoter Shareholding (Post-Issue)41.9751.13
P/E Ratio3.8820.53
Market Cap₹7.27 Cr.₹115.26 Cr.
ROE43.9153.88
ROCE61.6829.88
Debt/Equity0.90
EPS₹18.06₹10.81
RoNW43.9133.82

Shares Offered

In the Avax Apparels IPO Retail Individual Investors (RII) are offered 1,30,000 shares while in Rappid Valves IPO retail investors are offered 1,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Avax Apparels IPO and 2,59,800 shares in Rappid Valves IPO.

 Avax Apparels IPORappid Valves IPO
Anchor Investor Reservation0 shares3,89,400 shares
Market Maker Reservation14,000 shares69,600 shares
QIB0 shares2,59,800 shares
NII1,30,000 shares1,95,600 shares
RII1,30,000 shares4,55,400 shares
Employee0 shares
Others
Total2,60,000 shares13,00,200 shares

Bids Received (Subscription)

Avax Apparels IPO subscribed 256.41x in total, whereas Rappid Valves IPO subscribed 123.33x.

 Avax Apparels IPORappid Valves IPO
QIB (times)55.97x
NII (times)140.46x491.49x
Big NII (times)
Small NII (times)
RII (times)372.35x109.09x
Employee (times)
Other (times)
Total (times)256.41x123.33x

Compare with others

Avax Apparels IPORappid Valves IPO
Unilex Colours IPOTechera Engineering IPO
Techera Engineering IPODivyadhan Recycling IPO
Divyadhan Recycling IPOKalana Ispat IPO
Kalana Ispat IPOAvi Ansh Textile IPO
Avi Ansh Textile IPOAvax Apparels IPO
Rappid Valves IPOPhoenix Overseas IPO
Phoenix Overseas IPOWOL 3D India IPO
WOL 3D India IPOSD Retail IPO
SD Retail IPOBikewo Green Tech IPO
Bikewo Green Tech IPOPelatro IPO

Compare:

Avax Apparels IPO Vs Rappid Valves IPO