Ameya Precision Engineers IPO vs Rhetan TMT IPO

Comparison between Ameya Precision Engineers IPO and Rhetan TMT IPO.

IPO Details

Ameya Precision Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rhetan TMT IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Ameya Precision Engineers IPO is up to ₹6.77 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Ameya Precision Engineers IPO is ₹34.00 per share and of Rhetan TMT IPO is ₹70.00 per share.

 Ameya Precision Engineers IPORhetan TMT IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹34.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size13,92,000 shares75,84,000 shares
Fresh Issue Size (Amount)up to ₹4.73 Crup to ₹53.09 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.04 Crup to ₹0.00 Cr
Issue Size Total19,92,000 shares75,84,000 shares
Issue Size Total (Amount)up to ₹6.77 Crup to ₹53.09 Cr

IPO Timetable

Ameya Precision Engineers IPO opens on Aug 25, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Ameya Precision Engineers IPO and Rhetan TMT IPO is Aug 30, 2022, and Aug 25, 2022, respectively.

 Ameya Precision Engineers IPORhetan TMT IPO
Issue OpenAug 25, 2022Aug 22, 2022
Issue CloseAug 30, 2022Aug 25, 2022
Basis Of Allotment (Tentative)Sep 05, 2022Aug 30, 2022
Initiation of Refunds (Tentative)Sep 06, 2022Sep 01, 2022
Credit of Share (Tentative)Sep 07, 2022Sep 02, 2022
Listing date (Tentative)Sep 08, 2022Sep 05, 2022

Financials & KPIs

Ameya Precision Engineers IPO P/E ratio is 16.75, as compared to Rhetan TMT IPO P/E ratio of 63.64.

 Ameya Precision Engineers IPORhetan TMT IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets19.9820.1222.35
Total Income23.9624.8923.48
Profit After Tax1.532.731.80
NET Worth13.5111.999.26
Reserves and Surplus7.519.998.26
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets59.0039.8130.47
Total Income67.0352.1320.08
Profit After Tax2.350.13-0.58
NET Worth23.137.840.30
Reserves and Surplus10.46-2.98-3.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%99.62%
Promoter Shareholding (Post-Issue)72%62.12%
P/E Ratio16.7563.64
Market Cap₹25.50 Cr.₹148.75 Cr.
ROE11.9215
ROCE17.048
Debt/Equity0.221.15
EPS₹2.53₹2.00
RoNW11.2510.14

Shares Offered

In the Ameya Precision Engineers IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Rhetan TMT IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ameya Precision Engineers IPO and in Rhetan TMT IPO.

 Ameya Precision Engineers IPORhetan TMT IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,08,000 shares4,16,000 shares
QIB0 shares
NII9,96,000 shares37,92,000 shares
RII9,96,000 shares37,92,000 shares
Employee0 shares
Total19,92,000 shares75,84,000 shares

Bids Received (Subscription)

Ameya Precision Engineers IPO subscribed 251.35x in total, whereas Rhetan TMT IPO subscribed 1.47x.

 Ameya Precision Engineers IPORhetan TMT IPO
NII (times)259.16x2.18x
RII (times)243.53x0.76x
Total (times)251.35x1.47x

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