Comparison between Command Polymers IPO and Maiden Forgings IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Command Polymers IPO P/E ratio is 121.74, as compared to Maiden Forgings IPO P/E ratio of 8.38.
Shares Offered
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 |
|---|
| 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 |
| Total | 24,00,000 shares | 35,94,000 shares |
Bids Received (Subscription)
Command Polymers IPO subscribed 1.39x in total, whereas Maiden Forgings IPO subscribed 1.27x.
