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Amkay Products IPO vs Slone Infosystems IPO

Comparison between Amkay Products IPO and Slone Infosystems IPO.

IPO Details

Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Slone Infosystems IPO is a SME Fixed Price proposed to list at NSE SME.

 Amkay Products IPOSlone Infosystems IPO
LogoAmkay Products IPO LogoSlone Infosystems IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersHem Securities Ltd.Jawa Capital Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerHem Finlease Pvt.Ltd.Aftertrade Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Slone Infosystems IPO is up to ₹10.50 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

 Amkay Products IPOSlone Infosystems 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₹79.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size21,72,000 shares13,29,600 shares
Fresh Issue Size (Amount)up to ₹11.95 Crup to ₹10.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,72,000 shares13,29,600 shares
Issue Size Total (Amount)up to ₹11.95 Crup to ₹10.50 Cr

IPO Timetable

Amkay Products IPO opens on Apr 30, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Amkay Products IPO and Slone Infosystems IPO is May 03, 2024, and May 07, 2024, respectively.

 Amkay Products IPOSlone Infosystems IPO
Anchor Bid DateApr 29, 2024
Issue OpenApr 30, 2024May 03, 2024
Issue CloseMay 03, 2024May 07, 2024
Basis Of Allotment (Tentative)May 06, 2024May 08, 2024
Initiation of Refunds (Tentative)May 07, 2024May 09, 2024
Credit of Share (Tentative)May 07, 2024May 09, 2024
Listing date (Tentative)May 08, 2024May 10, 2024
Anchor Lockin End date 1Jun 05, 2024
Anchor Lockin End date 2Aug 04, 2024

Financials & KPIs

Amkay Products IPO P/E ratio is 23.18, as compared to Slone Infosystems IPO P/E ratio of 40.94.

 Amkay Products IPOSlone Infosystems 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.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,887.521,563.771,580.641,393.47
Total Income2,385.562,825.053,679.454,071.74
Profit After Tax215.34151.02146.71312.68
Net Worth986.96771.62620.60473.90
Reserves and Surplus350.59743.95592.93446.23
Total Borrowing476.22469.98433.59136.54
Amount in ₹ Lakhs

Slone Infosystems Limited Financial Information (Restated)

Slone Infosystems Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 94.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,978.581,190.711,167.37929.41
Total Income3,434.863,077.402,659.141,157.44
Profit After Tax284.7274.6638.3127.54
Net Worth1,187.51210.49228.70189.61
Reserves and Surplus800.6125.94
Total Borrowing642.66681.53921.15726.10
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.8999.43
Promoter Shareholding (Post-Issue)73.4473.01
P/E Ratio23.1840.94
Market Cap₹47.61 Cr.₹41.63 Cr.
ROE24.49%74%
ROCE21.54%34.44%
Debt/Equity0.480.33
EPS₹2.37₹1.93
RoNW21.82%23.98%

Shares Offered

In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Slone Infosystems 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 Slone Infosystems IPO.

 Amkay Products IPOSlone Infosystems IPO
Anchor Investor Reserveration6,50,000 shares
Market Maker Reserveration1,20,000 shares70,400 shares
QIB4,34,000 shares
NII3,26,000 shares6,64,000 shares
RII7,62,000 shares6,65,600 shares
Employee
Others
Total21,72,000 shares13,29,600 shares

Bids Received (Subscription)

Amkay Products IPO subscribed 748.03x in total, whereas Slone Infosystems IPO subscribed 667.81x.

 Amkay Products IPOSlone Infosystems IPO
QIB (times)173.04x
NII (times)987.34x756.88x
Big NII (times)
Small NII (times)
RII (times)973.14x540.80x
Employee (times)
Other (times)
Total (times)748.03x667.81x