Axita Cotton IPO vs Ritco Logistics IPO

Comparision between Axita Cotton IPO and Ritco Logistics IPO.

IPO Details

Axita Cotton IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Ritco Logistics IPO is a SME Book Built Issue proposed to list at BSE SME.

	Axita Cotton IPO	Ritco Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Broking Ltd	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Axita Cotton IPO is up to ₹10.51 Cr whereas the issue size of the Ritco Logistics IPO is up to ₹48.18 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Ritco Logistics IPO is ₹73.00 per share.

	Axita Cotton IPO	Ritco Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹73.00 per share
Issue Price (Final)	₹60.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size		50,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size		16,00,000 shares
OFS Issue Size (Amount)
Issue Size Total	17,52,000 shares	66,00,000 shares
Issue Size Total (Amount)	up to ₹10.51 Cr	up to ₹48.18 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while Ritco Logistics IPO opens on Jan 28, 2019. The closing date of Axita Cotton IPO and Ritco Logistics IPO is Jan 02, 2019, and Jan 30, 2019, respectively.

	Axita Cotton IPO	Ritco Logistics IPO
Anchor Bid Date
Issue Open	Dec 27, 2018	Jan 28, 2019
Issue Close	Jan 02, 2019	Jan 30, 2019
Basis Of Allotment (Tentative)	Jan 07, 2019	Feb 04, 2019
Initiation of Refunds (Tentative)	Jan 08, 2019	Feb 05, 2019
Credit of Share (Tentative)	Jan 09, 2019	Feb 06, 2019
Listing date (Tentative)	Jan 10, 2019	Feb 07, 2019
Anchor Lockin End date 1	Feb 06, 2019	Mar 06, 2019
Anchor Lockin End date 2	Apr 07, 2019	May 05, 2019

Financials

Axita Cotton IPO P/E ratio is , as compared to Ritco Logistics IPO P/E ratio of .

Axita Cotton IPO

Ritco Logistics IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Jun-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2,556.03	2,229.49	1,750.51	1,387.41	1,330.79	1,324.53
Total Revenue	2,121.59	12,392.36	9,152.24	6,875.95	7,705.35	1,736.10
Profit After Tax	32.60	82.13	2.71	12.46	(28.51)	5.85

Ritco Logistics financial Information (Restated)

Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sept-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	17,894.47	15,403.43	9,707.73	8,989.98
Total Revenue	20,860.31	34,391.49	32,896.06	31,416.47
Profit After Tax	621.18	1,027.95	381.83	143.67

Promoter Shareholding (Pre-Issue)

78.44%

Promoter Shareholding (Post-Issue)

55.88%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Axita Cotton IPO retail investors (RII) are offered 8,30,000 shares while in Ritco Logistics IPO retail investors are offered 8,30,000 shares. Qualified institutional buyers (QIB) are offered in Axita Cotton IPO and in Ritco Logistics IPO.

	Axita Cotton IPO	Ritco Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration	92,000 shares	3,34,400 shares
QIB
NII	8,30,000 shares	31,32,800 shares
RII	8,30,000 shares	31,32,800 shares
Employee
Others
Total	16,60,000 shares	62,65,600 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas Ritco Logistics IPO subscribed 1.39x.

	Axita Cotton IPO	Ritco Logistics IPO
QIB (times)
NII (times)	2.40x	1.82x
Big NII (times)
Small NII (times)
RII (times)	1.55x	0.96x
Employee (times)
Other (times)
Total (times)	1.98x	1.39x

Compare with others

Axita Cotton IPO	Ritco Logistics IPO
Anmol India IPO	Gleam Fabmat IPO
Kranti Industries IPO	Aartech Solonics IPO
Ritco Logistics IPO	Jonjua Overseas IPO
Surani Steel IPO	Anmol India IPO
KPI Global IPO	Kranti Industries IPO
SR Dye-Chem IPO	Surani Steel IPO
Diksha Greens IPO	KPI Global IPO
Agarwal Packers and Movers IPO	Axita Cotton IPO
Shree Krishna Infrastructure IPO	SR Dye-Chem IPO
Roni Households IPO	Diksha Greens IPO

Comments

Add a public comment...