Comparison between Brace Port Logistics IPO and Forcas Studio IPO.
Brace Port Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Forcas Studio IPO is a SME Bookbuilding proposed to list at NSE SME.
| Brace Port Logistics IPO | Forcas Studio IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Holani Consultants Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Holani Consultants Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Brace Port Logistics IPO is up to ₹23.17 Cr whereas the issue size of the Forcas Studio IPO is up to ₹35.56 Cr. The final issue price of Brace Port Logistics IPO is ₹80.00 per share and of Forcas Studio IPO is ₹80.00 per share.
| Brace Port Logistics IPO | Forcas Studio IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹77.00 per share |
| Issue Price (Upper) | ₹80.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹80.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 28,96,000 shares | 44,44,800 shares |
| Fresh Issue Size (Amount) | up to ₹23.17 Cr | up to ₹35.56 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 | 28,96,000 shares | 44,44,800 shares |
| Issue Size Total (Amount) | up to ₹23.17 Cr | up to ₹35.56 Cr |
Brace Port Logistics IPO opens on Aug 19, 2024, while Forcas Studio IPO opens on Aug 19, 2024. The closing date of Brace Port Logistics IPO and Forcas Studio IPO is Aug 21, 2024, and Aug 21, 2024, respectively.
| Brace Port Logistics IPO | Forcas Studio IPO | |
|---|---|---|
| Anchor Bid Date | Aug 16, 2024 | Aug 16, 2024 |
| Issue Open | Aug 19, 2024 | Aug 19, 2024 |
| Issue Close | Aug 21, 2024 | Aug 21, 2024 |
| Basis Of Allotment (Tentative) | Aug 22, 2024 | Aug 22, 2024 |
| Initiation of Refunds (Tentative) | Aug 23, 2024 | Aug 23, 2024 |
| Credit of Share (Tentative) | Aug 23, 2024 | Aug 23, 2024 |
| Listing date (Tentative) | Aug 26, 2024 | Aug 26, 2024 |
| Anchor Lockin End date 1 | Sep 21, 2024 | Sep 21, 2024 |
| Anchor Lockin End date 2 | Nov 20, 2024 | Nov 20, 2024 |
Brace Port Logistics IPO P/E ratio is 13.49, as compared to Forcas Studio IPO P/E ratio of 90.09.
| Brace Port Logistics IPO | Forcas Studio IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Forcas Studio Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.04 | 82.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.49 | 90.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹90.41 Cr. | ₹140.64 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.19% | 27.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 47.05% | 18.54% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.04 | 1.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.93 | ₹0.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.52% | 27.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Brace Port Logistics IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Forcas Studio IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 3,58,400 shares in Brace Port Logistics IPO and 8,89,600 shares in Forcas Studio IPO.
| Brace Port Logistics IPO | Forcas Studio IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,37,600 shares | 13,31,200 shares |
| Market Maker Reserveration | 1,55,200 shares | 2,35,200 shares |
| QIB | 3,58,400 shares | 8,89,600 shares |
| NII | 8,00,000 shares | 6,67,200 shares |
| RII | 12,00,000 shares | 15,56,800 shares |
| Employee | ||
| Others | ||
| Total | 28,96,000 shares | 44,44,800 shares |
Brace Port Logistics IPO subscribed 657.81x in total, whereas Forcas Studio IPO subscribed 416.99x.
| Brace Port Logistics IPO | Forcas Studio IPO | |
|---|---|---|
| QIB (times) | 450.04x | 205.39x |
| NII (times) | 854.49x | 701.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 588.74x | 415.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 657.81x | 416.99x |
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