Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Afcom Holdings IPO vs Brace Port Logistics IPO

Comparison between Afcom Holdings IPO and Brace Port Logistics IPO.

IPO Details

Afcom Holdings IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Brace Port Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.

 Afcom Holdings IPOBrace Port Logistics IPO
LogoAfcom Holdings IPO LogoBrace Port Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Holani Consultants Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Holani Consultants Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Afcom Holdings IPO is up to ₹70.01 Cr whereas the issue size of the Brace Port Logistics IPO is up to ₹23.17 Cr. The final issue price of Afcom Holdings IPO is ₹108.00 per share and of Brace Port Logistics IPO is ₹80.00 per share.

 Afcom Holdings IPOBrace Port Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹102.00 per share₹76.00 per share
Issue Price (Upper)₹108.00 per share₹80.00 per share
Issue Price (Final)₹108.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size64,82,400 shares28,96,000 shares
Fresh Issue Size (Amount)up to ₹70.01 Crup to ₹23.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total64,82,400 shares28,96,000 shares
Issue Size Total (Amount)up to ₹70.01 Crup to ₹23.17 Cr

IPO Timetable

Afcom Holdings IPO opens on Aug 02, 2024, while Brace Port Logistics IPO opens on Aug 19, 2024. The closing date of Afcom Holdings IPO and Brace Port Logistics IPO is Aug 06, 2024, and Aug 21, 2024, respectively.

 Afcom Holdings IPOBrace Port Logistics IPO
Anchor Bid DateJul 01, 2024Aug 16, 2024
Issue OpenAug 02, 2024Aug 19, 2024
Issue CloseAug 06, 2024Aug 21, 2024
Basis Of Allotment (Tentative)Aug 07, 2024Aug 22, 2024
Initiation of Refunds (Tentative)Aug 08, 2024Aug 23, 2024
Credit of Share (Tentative)Aug 08, 2024Aug 23, 2024
Listing date (Tentative)Aug 09, 2024Aug 26, 2024
Anchor Lockin End date 1Sep 06, 2024Sep 21, 2024
Anchor Lockin End date 2Nov 05, 2024Nov 20, 2024

Financials & KPIs

Afcom Holdings IPO P/E ratio is 14.33, as compared to Brace Port Logistics IPO P/E ratio of 13.49.

 Afcom Holdings IPOBrace Port Logistics IPO
Financials

Afcom Holdings Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets12,929.758,285.402,514.51899.92
Total Income13,416.388,490.124,866.971,388.72
Profit After Tax2,310.371,358.62514.80-420.31
Net Worth10,087.717,330.562,181.65-337.19
Reserves and Surplus8,285.585,570.191,931.78-549.95
Total Borrowing1,547.5047.603.831,471.32
Amount in ₹ Lakhs

Brace Port Logistics Limited Financial Information (Restated Standalone)

Brace Port Logistics Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,783.291,310.781,179.14409.61
Total Income5,524.597,093.665,419.57706.25
Profit After Tax489.13618.09322.3922.57
Net Worth1,377.18888.05419.9697.57
Reserves and Surplus552.18813.05344.9622.57
Total Borrowing48.9759.165.62
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)58.9496.04
Promoter Shareholding (Post-Issue)
P/E Ratio14.3313.49
Market Cap₹268.46 Cr.₹90.41 Cr.
ROE26.53%43.19%
ROCE28.30%47.05%
Debt/Equity0.150.04
EPS₹7.54₹5.93
RoNW22.90%35.52%

Shares Offered

In the Afcom Holdings IPO Retail Individual Investors (RII) are offered 22,75,200 shares while in Brace Port Logistics IPO retail investors are offered 22,75,200 shares. Qualified Institutional Buyers (QIB) are offered 13,38,000 shares in Afcom Holdings IPO and 3,58,400 shares in Brace Port Logistics IPO.

 Afcom Holdings IPOBrace Port Logistics IPO
Anchor Investor Reserveration18,96,000 shares5,37,600 shares
Market Maker Reserveration3,54,000 shares1,55,200 shares
QIB13,38,000 shares3,58,400 shares
NII9,73,200 shares8,00,000 shares
RII22,75,200 shares12,00,000 shares
Employee
Others
Total64,82,400 shares28,96,000 shares

Bids Received (Subscription)

Afcom Holdings IPO subscribed 303.03x in total, whereas Brace Port Logistics IPO subscribed 657.81x.

 Afcom Holdings IPOBrace Port Logistics IPO
QIB (times)186.23x450.04x
NII (times)697.88x854.49x
Big NII (times)
Small NII (times)
RII (times)202.83x588.74x
Employee (times)
Other (times)
Total (times)303.03x657.81x