IPO

Ahlada Engineers Ltd IPO

NSE SME

Offer Date: Sep 11, 2018 - Sep 18, 2018

₹ 294000 /2000 Shares
*Min Investment

11 Sep, 2018

Open Date

18 Sep, 2018

Close Date

25 Sep, 2018

Allotment Date

27 Sep, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 147/- to Rs 150/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Fresh Issue of 34,04,000 Equity Shares of Rs 10/- at a price of Rs 147/- to Rs 150/- per share aggregating to Rs 51.06 Cr
  • Listing at NSE SME
  • Lead Manager Saffron Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Ahlada Engineers Ltd IPO is an SME IPO, priced at Rs 147/- to Rs 150/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 11, 2018 to Sep 18, 2018. The allotment is expected to be finalized on Sep 25, 2018, and the tentative listing date is Sep 27, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
Retail
36.00x
QIB
18.00x
NII
21.00x
Total
76.00x
As onQIBNIIRetailTotal
Shares Offered / Reserved12,94,0008,08,00011,32,00032,34,000
Day 1 - 11-09-18
0 x1,71,000 0.214,96,000 0.44 x6,67,000 0.21 x
Day 2 12-09-18
1,33,000 0.10 x1,71,000 0.215,60,000 0.49 x8,64,000 0.27 x
Day 3 14-09-18
1,33,000 0.10 x1,77,000 0.226,22,000 0.55 x9,38,000 0.29 x
Day 4 17-09-18
14,13,000 1.09 x3,82,000 0.4711,35,000 1.01 x29,30,000 0.91 x
Day 5 18-09-18
18,62,000 1.44 x21,35,000 2.6436,12,000 3.19 x76,09,000 2.35 x
Valuations
Earnings Per Share (EPS) Rs 6.26/-
P/E Ratio 23.96
RoNW 22.22%
Net Asset Value (NAV) ( post issue ) Rs 41.57/-
IPO - Issue Objectives
1

Repayment of certain identified loans availed from lenders and directors.

2

Purchase of Machinery/Equipment.

3

Funding of Working Capital Gap.

4

General corporate purposes.

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Ahlada Engineers Limited3.6123.9622.22%127.89