Aeroflex Industries IPO vs TVS Supply Chain Solutions IPO

Comparision between Aeroflex Industries IPO and TVS Supply Chain Solutions IPO.

IPO Details

Aeroflex Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while TVS Supply Chain Solutions IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aeroflex Industries IPO	TVS Supply Chain Solutions 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	Pantomath Capital Advisors Pvt Ltd	Jm Financial Limited Axis Capital Limited J.P. Morgan India Private Limited Bnp Paribas Equirus Capital Private Limited Nuvama Wealth Management Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aeroflex Industries IPO is up to ₹351.00 Cr whereas the issue size of the TVS Supply Chain Solutions IPO is up to ₹880.00 Cr. The final issue price of Aeroflex Industries IPO is ₹108.00 per share and of TVS Supply Chain Solutions IPO is ₹197.00 per share.

	Aeroflex Industries IPO	TVS Supply Chain Solutions IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹102.00 per share	₹187.00 per share
Issue Price (Upper)	₹108.00 per share	₹197.00 per share
Issue Price (Final)	₹108.00 per share	₹197.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	130 shares	76 shares
Fresh Issue Size	1,50,00,000 shares	3,04,56,853 shares
Fresh Issue Size (Amount)	up to ₹162.00 Cr	up to ₹600.00 Cr
OFS Issue Size	1,75,00,000 shares	1,42,13,198 shares
OFS Issue Size (Amount)	up to ₹189.00 Cr	up to ₹280.00 Cr
Issue Size Total	3,25,00,000 shares	4,46,70,051 shares
Issue Size Total (Amount)	up to ₹351.00 Cr	up to ₹880.00 Cr

IPO Timetable

Aeroflex Industries IPO opens on Aug 22, 2023, while TVS Supply Chain Solutions IPO opens on Aug 10, 2023. The closing date of Aeroflex Industries IPO and TVS Supply Chain Solutions IPO is Aug 24, 2023, and Aug 14, 2023, respectively.

	Aeroflex Industries IPO	TVS Supply Chain Solutions IPO
Anchor Bid Date	Aug 21, 2023	Aug 09, 2023
Issue Open	Aug 22, 2023	Aug 10, 2023
Issue Close	Aug 24, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Aug 29, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Aug 30, 2023	Aug 21, 2023
Credit of Share (Tentative)	Aug 31, 2023	Aug 22, 2023
Listing date (Tentative)	Aug 31, 2023	Aug 23, 2023
Anchor Lockin End date 1	Sep 28, 2023	Sep 17, 2023
Anchor Lockin End date 2	Nov 27, 2023	Nov 16, 2023

Financials

Aeroflex Industries IPO P/E ratio is 40.91, as compared to TVS Supply Chain Solutions IPO P/E ratio of 189.42.

Aeroflex Industries IPO

TVS Supply Chain Solutions IPO

Financial

Aeroflex Industries IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	157.19	161.64	183.44	213.98
Revenue	144.94	144.84	240.99	269.48
Profit After Tax	4.69	6.01	27.51	30.15
Net Worth	52.70	58.72	86.22	114.09
Reserves and Surplus
Total Borrowing	63.46	53.07	39.13	45.01

Amount in ₹ Crore

TVS Supply Chain Solutions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,462.92	4,990.06	5,789.73	6,210.92
Revenue	6,792.76	6,999.69	9,299.94	10,311.01
Profit After Tax	-248.00	-76.34	-45.80	41.76
Net Worth	510.80	490.69	714.00	723.55
Reserves and Surplus	493.35	473.94	713.76	774.19
Total Borrowing	2,160.12	1,547.92	1,763.78	1,989.62

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.09%

46.65%

Promoter Shareholding (Post-Issue)

66.99%

41.6%

P/E Ratio

40.91

189.42

Market Cap

₹8746.00 Cr.

ROE

26.43%%

5.50%%

ROCE

31.96%%

7.64%%

Debt/Equity

0.39

EPS

₹2.64

₹1.04

RoNW

26.43%%

5.50%%

Shares Offered

In the Aeroflex Industries IPO retail investors (RII) are offered 1,15,08,824 shares while in TVS Supply Chain Solutions IPO retail investors are offered 1,15,08,824 shares. Qualified institutional buyers (QIB) are offered 62,76,490 shares in Aeroflex Industries IPO and 1,34,01,016 shares in TVS Supply Chain Solutions IPO.

	Aeroflex Industries IPO	TVS Supply Chain Solutions IPO
Anchor Investor Reserveration	95,99,980 shares	2,01,01,522 shares
Market Maker Reserveration
QIB	62,76,490 shares	1,34,01,016 shares
NII	49,32,353 shares	67,00,507 shares
RII	1,15,08,824 shares	44,67,005 shares
Employee	0 shares	0 shares
Others
Total	2,32,17,667 shares	2,45,68,529 shares

Bids Received (Subscription)

Aeroflex Industries IPO subscribed 97.11x in total, whereas TVS Supply Chain Solutions IPO subscribed 2.85x.

	Aeroflex Industries IPO	TVS Supply Chain Solutions IPO
QIB (times)	194.73x	1.37x
NII (times)	126.13x	2.44x
Big NII (times)	125.80x	2.39x
Small NII (times)	126.80x	2.55x
RII (times)	34.41x	7.89x
Employee (times)
Other (times)	28.52x
Total (times)	97.11x	2.85x

Compare with others

Aeroflex Industries IPO	TVS Supply Chain Solutions IPO
EMS IPO	Vishnu Prakash R Punglia IPO
Jupiter Life Line Hospitals IPO	Aeroflex Industries IPO
Rishabh Instruments IPO	Pyramid Technoplast IPO
Ratnaveer Precision Engineering IPO	India Shelter Finance IPO
Vishnu Prakash R Punglia IPO	Balaji Speciality Chemicals IPO
Pyramid Technoplast IPO	Concord Biotech IPO
India Shelter Finance IPO	SBFC Finance IPO
Balaji Speciality Chemicals IPO	Yatharth Hospital IPO
TVS Supply Chain Solutions IPO	Netweb Technologies India IPO
Concord Biotech IPO	Utkarsh Small Finance Bank IPO

Comments

Add a public comment...