AMIC Forging IPO vs Graphisads IPO

Comparison between AMIC Forging IPO and Graphisads IPO.

IPO Details

AMIC Forging IPO is a SME Fixed Price IPO proposed to list at BSE SME while Graphisads IPO is a SME Fixed Price proposed to list at NSE SME.

	AMIC Forging IPO	Graphisads IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Ltd.	First Overseas Capital Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Kfin Technologies Ltd.
Market Maker	Gretex Share Broking Pvt.Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of AMIC Forging IPO is up to ₹33.05 Cr whereas the issue size of the Graphisads IPO is up to ₹50.72 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of Graphisads IPO is ₹111.00 per share.

	AMIC Forging IPO	Graphisads 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	₹111.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	26,23,000 shares	45,69,600 shares
Fresh Issue Size (Amount)	up to ₹33.05 Cr	up to ₹50.72 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	45,69,600 shares
Issue Size Total (Amount)	up to ₹33.05 Cr	up to ₹50.72 Cr

IPO Timetable

AMIC Forging IPO opens on Nov 29, 2023, while Graphisads IPO opens on Nov 30, 2023. The closing date of AMIC Forging IPO and Graphisads IPO is Dec 01, 2023, and Dec 05, 2023, respectively.

	AMIC Forging IPO	Graphisads IPO
Anchor Bid Date	Nov 28, 2023
Issue Open	Nov 29, 2023	Nov 30, 2023
Issue Close	Dec 01, 2023	Dec 05, 2023
Basis Of Allotment (Tentative)	Dec 04, 2023	Dec 08, 2023
Initiation of Refunds (Tentative)	Dec 05, 2023	Dec 11, 2023
Credit of Share (Tentative)	Dec 05, 2023	Dec 12, 2023
Listing date (Tentative)	Dec 06, 2023	Dec 13, 2023
Anchor Lockin End date 1	Jan 03, 2024
Anchor Lockin End date 2	Mar 03, 2024

Financials & KPIs

AMIC Forging IPO P/E ratio is 1.01, as compared to Graphisads IPO P/E ratio of 26.88.

AMIC Forging IPO

Graphisads 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.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,367.84	6,107.99	3,163.87	1,622.07
Total Income	2,979.32	11,683.01	7,138.82	2,643.37
Profit After Tax	359.94	980.01	86.59	56.27
Net Worth	2,338.43	1,983.75	767.28	680.69
Reserves and Surplus	2,252.58	1,897.90	696.21	609.62
Total Borrowing	287.37	385.17	1,071.32	436.50
Amount in ₹ Lakhs

Graphisads Limited Financial Information (Restated Consolidated)

Graphisads Limited's revenue increased by 10.39% and profit after tax (PAT) dropped by -0.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	11,626.82	11,037.07	10,126.28	9,408.04
Total Income	2,602.48	9,904.81	8,972.49	4,755.63
Profit After Tax	206.45	556.62	558.19	55.84
Net Worth	4,492.76	4,286.31	3,914.20	3,360.95
Reserves and Surplus	3,146.31	2,939.86	3,721.85	3,168.60
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

78.38

99.99

Promoter Shareholding (Post-Issue)

57.74

73.66

P/E Ratio

1.01

26.88

Market Cap

₹132.15 Cr.

₹202.87 Cr.

ROE

71.25%

12.99%

ROCE

55.78%

14.69 %

Debt/Equity

0.26

EPS

₹12.83

₹4.13

RoNW

49.40%

12.99%

Shares Offered

In the AMIC Forging IPO Retail Individual Investors (RII) are offered 9,19,000 shares while in Graphisads 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 Graphisads IPO.

	AMIC Forging IPO	Graphisads IPO
Anchor Investor Reserveration	7,86,000 shares
Market Maker Reserveration	1,39,000 shares	2,42,400 shares
QIB	5,24,000 shares
NII	3,94,000 shares	22,84,800 shares
RII	9,19,000 shares	22,84,800 shares
Employee
Others
Total	26,23,000 shares	45,69,600 shares

Bids Received (Subscription)

AMIC Forging IPO subscribed 289.05x in total, whereas Graphisads IPO subscribed 3.86x.

	AMIC Forging IPO	Graphisads IPO
QIB (times)	91.43x
NII (times)	589.27x	2.01x
Big NII (times)
Small NII (times)
RII (times)	273.01x	5.52x
Employee (times)
Other (times)
Total (times)	289.05x	3.86x

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