Aakash Exploration IPO vs SoftTech Engineers IPO

Comparision between Aakash Exploration IPO and SoftTech Engineers IPO.

IPO Details

Aakash Exploration IPO is a SME Book Built Issue IPO proposed to list at NSE SME while SoftTech Engineers IPO is a SME Book Built Issue proposed to list at NSE SME.

	Aakash Exploration IPO	SoftTech Engineers IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Monarch Networth Capital Ltd	Pantomath Capital Advisors Pvt Ltd Small Industries Development Bank Of India (Sidbi)
Registrar	Skyline Financial Services 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 Aakash Exploration IPO is up to ₹10.08 Cr whereas the issue size of the SoftTech Engineers IPO is up to ₹22.81 Cr. The final issue price of Aakash Exploration IPO is ₹56.00 per share and of SoftTech Engineers IPO is ₹80.00 per share.

	Aakash Exploration IPO	SoftTech Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹78.00 per share
Issue Price (Upper)		₹80.00 per share
Issue Price (Final)	₹56.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	1600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,00,000 shares	28,51,200 shares
Issue Size Total (Amount)	up to ₹10.08 Cr	up to ₹22.81 Cr

IPO Timetable

Aakash Exploration IPO opens on Apr 17, 2018, while SoftTech Engineers IPO opens on Apr 27, 2018. The closing date of Aakash Exploration IPO and SoftTech Engineers IPO is Apr 19, 2018, and May 03, 2018, respectively.

	Aakash Exploration IPO	SoftTech Engineers IPO
Anchor Bid Date
Issue Open	Apr 17, 2018	Apr 27, 2018
Issue Close	Apr 19, 2018	May 03, 2018
Basis Of Allotment (Tentative)	Apr 24, 2018
Initiation of Refunds (Tentative)	Apr 25, 2018
Credit of Share (Tentative)	Apr 26, 2018
Listing date (Tentative)	Apr 27, 2018
Anchor Lockin End date 1	May 24, 2018
Anchor Lockin End date 2	Jul 23, 2018

Financials

Aakash Exploration IPO P/E ratio is , as compared to SoftTech Engineers IPO P/E ratio of .

Aakash Exploration IPO

SoftTech Engineers IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	3,382.38	3,131.06	2,549.24	1,393.22	1,056.70
Total Revenue	3,380.30	2,563.31	2,345.20	1,389.54	944.65
Profit After Tax	110.02	44.32	101.44	49.38	14.40

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	6,033.78	5,722.58	4,008.32	3,429.94	2,012.87
Total Revenue	4,711.63	4,432.53	3,594.36	2,567.60	2,195.63
Profit After Tax	615.96	361.77	212.29	254.14	97.82

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aakash Exploration IPO retail investors (RII) are offered 8,55,000 shares while in SoftTech Engineers IPO retail investors are offered 8,55,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Aakash Exploration IPO and 0 shares in SoftTech Engineers IPO.

	Aakash Exploration IPO	SoftTech Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration	90,000 shares	1,44,000 shares
QIB	0 shares	0 shares
NII	8,55,000 shares	13,53,600 shares
RII	8,55,000 shares	13,53,600 shares
Employee
Others
Total	18,00,000 shares	28,51,200 shares

Bids Received (Subscription)

Aakash Exploration IPO subscribed 1.48x in total, whereas SoftTech Engineers IPO subscribed 30.82x.

	Aakash Exploration IPO	SoftTech Engineers IPO
QIB (times)
NII (times)	1.59x	31.21x
Big NII (times)
Small NII (times)
RII (times)	1.38x	28.94x
Employee (times)
Other (times)
Total (times)	1.48x	30.82x

Compare with others

Aakash Exploration IPO	SoftTech Engineers IPO
Five Core Electronics IPO	Sirca Paints IPO
SoftTech Engineers IPO	U H Zaveri IPO
Godha Cabcon Insulation IPO	Milestone Furniture IPO
Akshar Spintex IPO	E2E Networks IPO
Dr Lalchandani Labs IPO	Five Core Electronics IPO
Garv Industries IPO	Godha Cabcon Insulation IPO
Indo US BioTech IPO	Akshar Spintex IPO
Bombay Super Hybrid Seeds IPO	Dr Lalchandani Labs IPO
Power Instrumentation Gujarat IPO	Aakash Exploration IPO
Mahickra Chemicals IPO	Garv Industries IPO

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