Comparison between Command Polymers IPO and Maiden Forgings IPO.
Command Polymers IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Maiden Forgings IPO is a SME Bookbuilding proposed to list at BSE SME.
| Command Polymers IPO | Maiden Forgings IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Share India Capital Services Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Share India Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Command Polymers IPO is up to ₹6.72 Cr whereas the issue size of the Maiden Forgings IPO is up to ₹22.64 Cr. The final issue price of Command Polymers IPO is ₹28.00 per share and of Maiden Forgings IPO is ₹63.00 per share.
| Command Polymers IPO | Maiden Forgings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | |
| Issue Price (Upper) | ₹63.00 per share | |
| Issue Price (Final) | ₹28.00 per share | ₹63.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 24,00,000 shares | 35,94,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.72 Cr | up to ₹22.64 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 | 24,00,000 shares | 35,94,000 shares |
| Issue Size Total (Amount) | up to ₹6.72 Cr | up to ₹22.64 Cr |
Command Polymers IPO opens on Mar 17, 2023, while Maiden Forgings IPO opens on Mar 23, 2023. The closing date of Command Polymers IPO and Maiden Forgings IPO is Mar 21, 2023, and Mar 27, 2023, respectively.
| Command Polymers IPO | Maiden Forgings IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 17, 2023 | Mar 23, 2023 |
| Issue Close | Mar 21, 2023 | Mar 27, 2023 |
| Basis Of Allotment (Tentative) | Mar 24, 2023 | Mar 31, 2023 |
| Initiation of Refunds (Tentative) | Mar 27, 2023 | Apr 03, 2023 |
| Credit of Share (Tentative) | Mar 28, 2023 | Apr 05, 2023 |
| Listing date (Tentative) | Mar 29, 2023 | Apr 06, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Command Polymers IPO P/E ratio is 121.74, as compared to Maiden Forgings IPO P/E ratio of 8.38.
| Command Polymers IPO | Maiden Forgings IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 52.60 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 38.39 | 73.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 121.74 | 8.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹26.26 Cr. | ₹89.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 3.17 | 6.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.14 | 16.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.44 | ₹4.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.12 | 6.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Command Polymers IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Maiden Forgings IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Command Polymers IPO and 3,60,000 shares in Maiden Forgings IPO.
| Command Polymers IPO | Maiden Forgings IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,32,000 shares | 1,90,000 shares |
| QIB | 3,60,000 shares | |
| NII | 12,00,000 shares | 9,70,000 shares |
| RII | 12,00,000 shares | 22,64,000 shares |
| Employee | ||
| Others | ||
| Total | 24,00,000 shares | 35,94,000 shares |
Command Polymers IPO subscribed 1.39x in total, whereas Maiden Forgings IPO subscribed 1.20x.
| Command Polymers IPO | Maiden Forgings IPO | |
|---|---|---|
| QIB (times) | 1.00x | |
| NII (times) | 1.81x | 1.42x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.98x | 1.12x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.39x | 1.20x |
