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.
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.
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 IPO | Slone Infosystems IPO |
|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | May 03, 2024 |
| Issue Close | May 03, 2024 | May 07, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 08, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 09, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 09, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 10, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | |
| Anchor Lockin End date 2 | Aug 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.
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 IPO | Slone Infosystems IPO |
|---|
| Anchor Investor Reservation | 6,50,000 shares | |
| Market Maker Reservation | 1,20,000 shares | 70,400 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 6,64,000 shares |
| RII | 7,62,000 shares | 6,65,600 shares |
| Total | 21,72,000 shares | 13,29,600 shares |
Bids Received (Subscription)
Amkay Products IPO subscribed 524.17x in total, whereas Slone Infosystems IPO subscribed 648.71x.
