Ashoka Metcast IPO vs Vasa Retail IPO

Comparision between Ashoka Metcast IPO and Vasa Retail IPO.

IPO Details

Ashoka Metcast IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Vasa Retail IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Ashoka Metcast IPO	Vasa Retail IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Aryaman Financial Services Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Ashoka Metcast IPO is up to ₹12.00 Cr whereas the issue size of the Vasa Retail IPO is up to ₹4.80 Cr. The final issue price of Ashoka Metcast IPO is ₹20.00 per share and of Vasa Retail IPO is ₹30.00 per share.

	Ashoka Metcast IPO	Vasa Retail IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹20.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	4000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	60,00,000 shares	16,00,000 shares
Issue Size Total (Amount)	up to ₹12.00 Cr	up to ₹4.80 Cr

IPO Timetable

Ashoka Metcast IPO opens on Jan 23, 2018, while Vasa Retail IPO opens on Jan 24, 2018. The closing date of Ashoka Metcast IPO and Vasa Retail IPO is Jan 25, 2018, and Jan 29, 2018, respectively.

	Ashoka Metcast IPO	Vasa Retail IPO
Anchor Bid Date
Issue Open	Jan 23, 2018	Jan 24, 2018
Issue Close	Jan 25, 2018	Jan 29, 2018
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Ashoka Metcast IPO P/E ratio is , as compared to Vasa Retail IPO P/E ratio of .

	Ashoka Metcast IPO	Vasa Retail IPO
Financial
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Ashoka Metcast IPO retail investors (RII) are offered 28,44,000 shares while in Vasa Retail IPO retail investors are offered 28,44,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Ashoka Metcast IPO and 0 shares in Vasa Retail IPO.

	Ashoka Metcast IPO	Vasa Retail IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,12,000 shares	88,000 shares
QIB	0 shares	0 shares
NII	28,44,000 shares	7,56,000 shares
RII	28,44,000 shares	7,56,000 shares
Employee
Others
Total	60,00,000 shares	16,00,000 shares

Bids Received (Subscription)

Ashoka Metcast IPO subscribed 1.57x in total, whereas Vasa Retail IPO subscribed 218.00x.

	Ashoka Metcast IPO	Vasa Retail IPO
QIB (times)
NII (times)	0.51x	175.44x
Big NII (times)
Small NII (times)
RII (times)	2.63x	259.96x
Employee (times)
Other (times)
Total (times)	1.57x	218.00x

Compare with others

Ashoka Metcast IPO	Vasa Retail IPO
Focus Suits Solutions IPO	A and M Jumbo Bags IPO
Medico Remedies IPO	Focus Suits Solutions IPO
Gautam Gems IPO	Medico Remedies IPO
Gujarat Hy-Spin IPO	Gautam Gems IPO
Vasa Retail IPO	Gujarat Hy-Spin IPO
Solex Energy IPO	Ashoka Metcast IPO
Shree Ram Protiens IPO	Solex Energy IPO
CRP Risk Management IPO	Shree Ram Protiens IPO
SKS Textiles IPO	CRP Risk Management IPO
Silly Monks IPO	SKS Textiles IPO

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