Comparison between AMIC Forging IPO and Arrowhead Seperation Engineering IPO.
AMIC Forging IPO is a SME Fixed Price IPO proposed to list at BSE SME while Arrowhead Seperation Engineering IPO is a SME Fixed Price proposed to list at BSE SME.
| AMIC Forging IPO | Arrowhead Seperation Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of AMIC Forging IPO is up to ₹33.05 Cr whereas the issue size of the Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of Arrowhead Seperation Engineering IPO is ₹233.00 per share.
| AMIC Forging IPO | Arrowhead Seperation Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | |
| Issue Price (Upper) | ₹126.00 per share | |
| Issue Price (Final) | ₹126.00 per share | ₹233.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 600 shares |
| Fresh Issue Size | 26,23,000 shares | 5,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹33.05 Cr | up to ₹12.30 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 26,23,000 shares | 5,28,000 shares |
| Issue Size Total (Amount) | up to ₹33.05 Cr | up to ₹12.30 Cr |
AMIC Forging IPO opens on Nov 29, 2023, while Arrowhead Seperation Engineering IPO opens on Nov 16, 2023. The closing date of AMIC Forging IPO and Arrowhead Seperation Engineering IPO is Dec 01, 2023, and Nov 20, 2023, respectively.
| AMIC Forging IPO | Arrowhead Seperation Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Nov 28, 2023 | |
| Issue Open | Nov 29, 2023 | Nov 16, 2023 |
| Issue Close | Dec 01, 2023 | Nov 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 04, 2023 | Nov 23, 2023 |
| Initiation of Refunds (Tentative) | Dec 05, 2023 | Nov 24, 2023 |
| Credit of Share (Tentative) | Dec 05, 2023 | Nov 28, 2023 |
| Listing date (Tentative) | Dec 06, 2023 | Nov 28, 2023 |
| Anchor Lockin End date 1 | Jan 03, 2024 | |
| Anchor Lockin End date 2 | Mar 03, 2024 |
AMIC Forging IPO P/E ratio is 1.01, as compared to Arrowhead Seperation Engineering IPO P/E ratio of 18.09.
| AMIC Forging IPO | Arrowhead Seperation Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | AMIC Forging Limited Financial Information (Restated Consolidated)AMIC Forging Limited's revenue increased by 63.65% and profit after tax (PAT) rose by 1031.78% between the financial year ending with March 31, 2023 and March 31, 2022.
| Arrowhead Seperation Engineering Limited Financial Information (Restated)Arrowhead Seperation Engineering Limited's revenue increased by 98.91% and profit after tax (PAT) rose by 1744.93% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 78.38 | 50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.74 | 35.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 1.01 | 18.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹132.15 Cr. | ₹43.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.25% | 105% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 55.78% | 30.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 3.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.83 | ₹12.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 49.40% | 68.75% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AMIC Forging IPO Retail Individual Investors (RII) are offered 9,19,000 shares while in Arrowhead Seperation Engineering IPO retail investors are offered 9,19,000 shares. Qualified Institutional Buyers (QIB) are offered 5,24,000 shares in AMIC Forging IPO and in Arrowhead Seperation Engineering IPO.
| AMIC Forging IPO | Arrowhead Seperation Engineering IPO | |
|---|---|---|
| Anchor Investor Reserveration | 7,86,000 shares | |
| Market Maker Reserveration | 1,39,000 shares | 30,000 shares |
| QIB | 5,24,000 shares | |
| NII | 3,94,000 shares | 2,64,000 shares |
| RII | 9,19,000 shares | 2,64,000 shares |
| Employee | ||
| Others | ||
| Total | 26,23,000 shares | 5,28,000 shares |
AMIC Forging IPO subscribed 289.05x in total, whereas Arrowhead Seperation Engineering IPO subscribed 94.79x.
| AMIC Forging IPO | Arrowhead Seperation Engineering IPO | |
|---|---|---|
| QIB (times) | 91.43x | |
| NII (times) | 589.27x | 46.02x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 273.01x | 142.30x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 289.05x | 94.79x |
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