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Afcom Holdings IPO vs Sunlite Recycling Industries IPO

Comparison between Afcom Holdings IPO and Sunlite Recycling Industries IPO.

IPO Details

Afcom Holdings IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sunlite Recycling Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

 Afcom Holdings IPOSunlite Recycling Industries IPO
LogoAfcom Holdings IPO LogoSunlite Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Afcom Holdings IPO is up to ₹70.01 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹28.68 Cr. The final issue price of Afcom Holdings IPO is ₹108.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.

 Afcom Holdings IPOSunlite Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹100.00 per share
Issue Price (Upper)₹108.00 per share₹105.00 per share
Issue Price (Final)₹108.00 per share₹105.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size64,82,400 shares27,31,200 shares
Fresh Issue Size (Amount)up to ₹70.01 Crup to ₹28.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total64,82,400 shares27,31,200 shares
Issue Size Total (Amount)up to ₹70.01 Crup to ₹28.68 Cr

IPO Timetable

Afcom Holdings IPO opens on Aug 02, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of Afcom Holdings IPO and Sunlite Recycling Industries IPO is Aug 06, 2024, and Aug 14, 2024, respectively.

 Afcom Holdings IPOSunlite Recycling Industries IPO
Anchor Bid DateJul 01, 2024Aug 09, 2024
Issue OpenAug 02, 2024Aug 12, 2024
Issue CloseAug 06, 2024Aug 14, 2024
Basis Of Allotment (Tentative)Aug 07, 2024Aug 16, 2024
Initiation of Refunds (Tentative)Aug 08, 2024Aug 19, 2024
Credit of Share (Tentative)Aug 08, 2024Aug 19, 2024
Listing date (Tentative)Aug 09, 2024Aug 20, 2024
Anchor Lockin End date 1Sep 06, 2024Sep 15, 2024
Anchor Lockin End date 2Nov 05, 2024Nov 14, 2024

Financials & KPIs

Afcom Holdings IPO P/E ratio is 14.33, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.

 Afcom Holdings IPOSunlite Recycling Industries IPO
Financials

Afcom Holdings Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets12,929.758,285.402,514.51899.92
Total Income13,416.388,490.124,866.971,388.72
Profit After Tax2,310.371,358.62514.80-420.31
Net Worth10,087.717,330.562,181.65-337.19
Reserves and Surplus8,285.585,570.191,931.78-549.95
Total Borrowing1,547.5047.603.831,471.32
Amount in ₹ Lakhs

Sunlite Recycling Industries Limited Financial Information (Restated)

Sunlite Recycling Industries Limited's revenue increased by 1.4% and profit after tax (PAT) rose by 58.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets6,321.247,162.564,802.053,743.20
Total Income116,655.09115,039.9193,791.8039,400.84
Profit After Tax890.36560.27426.03252.55
Net Worth2,003.90362.081,158.58622.18
Reserves and Surplus1,203.90312.08
Total Borrowing3,491.744,646.822,532.381,711.39
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)58.94100.00
Promoter Shareholding (Post-Issue)73.53
P/E Ratio14.339.43
Market Cap₹268.46 Cr.₹114.24 Cr.
ROE26.53%75.26%
ROCE28.30%29.49%
Debt/Equity0.151.74
EPS₹7.54₹11.13
RoNW22.90%44.43%

Shares Offered

In the Afcom Holdings IPO Retail Individual Investors (RII) are offered 22,75,200 shares while in Sunlite Recycling Industries IPO retail investors are offered 22,75,200 shares. Qualified Institutional Buyers (QIB) are offered 13,38,000 shares in Afcom Holdings IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.

 Afcom Holdings IPOSunlite Recycling Industries IPO
Anchor Investor Reserveration18,96,000 shares8,18,400 shares
Market Maker Reserveration3,54,000 shares1,48,800 shares
QIB13,38,000 shares5,46,000 shares
NII9,73,200 shares4,10,400 shares
RII22,75,200 shares9,56,400 shares
Employee
Others
Total64,82,400 shares27,31,200 shares

Bids Received (Subscription)

Afcom Holdings IPO subscribed 303.03x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.

 Afcom Holdings IPOSunlite Recycling Industries IPO
QIB (times)186.23x109.05x
NII (times)697.88x584.10x
Big NII (times)
Small NII (times)
RII (times)202.83x252.00x
Employee (times)
Other (times)
Total (times)303.03x282.45x