Comparison between Amkay Products IPO and Sai Swami Metals IPO.
Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sai Swami Metals IPO is a SME Fixed Price proposed to list at BSE SME.
| Amkay Products IPO | Sai Swami Metals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Sunflower Broking Pvt.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 Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Sai Swami Metals IPO is up to ₹14.23 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Sai Swami Metals IPO is ₹60.00 per share.
| Amkay Products IPO | Sai Swami Metals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹55.00 per share | |
| Issue Price (Final) | ₹55.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 21,72,000 shares | 23,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹14.23 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 | 21,72,000 shares | 23,72,000 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹14.23 Cr |
Amkay Products IPO opens on Apr 30, 2024, while Sai Swami Metals IPO opens on Apr 30, 2024. The closing date of Amkay Products IPO and Sai Swami Metals IPO is May 03, 2024, and May 03, 2024, respectively.
| Amkay Products IPO | Sai Swami Metals IPO | |
|---|---|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | Apr 30, 2024 |
| Issue Close | May 03, 2024 | May 03, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 06, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 07, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 07, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 08, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | |
| Anchor Lockin End date 2 | Aug 04, 2024 |
Amkay Products IPO P/E ratio is 23.18, as compared to Sai Swami Metals IPO P/E ratio of 11.34.
| Amkay Products IPO | Sai Swami Metals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Amkay Products Limited Financial Information (Restated)Amkay Products Limited's revenue decreased by -23.22% and profit after tax (PAT) rose by 2.94% between the financial year ending with March 31, 2023 and March 31, 2022.
| Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.89 | 99.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.44 | 62.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.18 | 11.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.61 Cr. | ₹39.71 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.37 | ₹5.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.82% | 27.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Sai Swami Metals IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 4,34,000 shares in Amkay Products IPO and in Sai Swami Metals IPO.
| Amkay Products IPO | Sai Swami Metals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,50,000 shares | |
| Market Maker Reserveration | 1,20,000 shares | 1,28,000 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 11,86,000 shares |
| RII | 7,62,000 shares | 11,86,000 shares |
| Employee | ||
| Others | ||
| Total | 21,72,000 shares | 23,72,000 shares |
Amkay Products IPO subscribed 748.03x in total, whereas Sai Swami Metals IPO subscribed 543.72x.
| Amkay Products IPO | Sai Swami Metals IPO | |
|---|---|---|
| QIB (times) | 173.04x | |
| NII (times) | 987.34x | 533.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 973.14x | 529.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 748.03x | 543.72x |
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