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Emmforce Autotech IPO vs Teerth Gopicon IPO

Comparison between Emmforce Autotech IPO and Teerth Gopicon IPO.

IPO Details

Emmforce Autotech IPO is a SME Fixed Price IPO proposed to list at BSE SME while Teerth Gopicon IPO is a SME Fixed Price proposed to list at NSE SME.

 Emmforce Autotech IPOTeerth Gopicon IPO
LogoEmmforce Autotech IPO LogoTeerth Gopicon IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Emmforce Autotech IPO is up to ₹51.19 Cr whereas the issue size of the Teerth Gopicon IPO is up to ₹42.17 Cr. The final issue price of Emmforce Autotech IPO is ₹98.00 per share and of Teerth Gopicon IPO is ₹111.00 per share.

 Emmforce Autotech IPOTeerth Gopicon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share
Issue Price (Upper)₹98.00 per share
Issue Price (Final)₹98.00 per share₹111.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size52,23,600 shares37,99,200 shares
Fresh Issue Size (Amount)up to ₹51.19 Crup to ₹42.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total52,23,600 shares37,99,200 shares
Issue Size Total (Amount)up to ₹51.19 Crup to ₹42.17 Cr

IPO Timetable

Emmforce Autotech IPO opens on Apr 23, 2024, while Teerth Gopicon IPO opens on Apr 08, 2024. The closing date of Emmforce Autotech IPO and Teerth Gopicon IPO is Apr 25, 2024, and Apr 10, 2024, respectively.

 Emmforce Autotech IPOTeerth Gopicon IPO
Anchor Bid DateApr 22, 2024
Issue OpenApr 23, 2024Apr 08, 2024
Issue CloseApr 25, 2024Apr 10, 2024
Basis Of Allotment (Tentative)Apr 26, 2024Apr 12, 2024
Initiation of Refunds (Tentative)Apr 29, 2024Apr 15, 2024
Credit of Share (Tentative)Apr 29, 2024Apr 15, 2024
Listing date (Tentative)Apr 30, 2024Apr 16, 2024
Anchor Lockin End date 1May 26, 2024
Anchor Lockin End date 2Jul 25, 2024

Financials & KPIs

Emmforce Autotech IPO P/E ratio is 33.5, as compared to Teerth Gopicon IPO P/E ratio of 49.55.

 Emmforce Autotech IPOTeerth Gopicon IPO
Financials

Emmforce Autotech Limited Financial Information (Restated)

Emmforce Autotech Limited's revenue decreased by -31.7% and profit after tax (PAT) dropped by -40.1% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,597.134,895.405,257.363,384.41
Total Income4,790.314,875.327,138.135,185.32
Profit After Tax511.78438.85732.58508.91
Net Worth1,500.002,344.952,129.091,524.82
Reserves and Surplus43.72
Total Borrowing2,404.251,535.431,651.09501.70
Amount in ₹ Lakhs

Teerth Gopicon Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets13,719.794,743.304,277.163,115.47
Total Income6,970.023,914.873,120.774,620.74
Profit After Tax784.04179.2215.2746.45
Net Worth1,572.74788.70609.49594.22
Reserves and Surplus772.74288.70109.4994.22
Total Borrowing937.18337.981,365.50933.82
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0096.5
Promoter Shareholding (Post-Issue)73.1764.33
P/E Ratio33.549.55
Market Cap₹200.90 Cr.₹133.20 Cr.
ROE66.40%
ROCE48.40%
Debt/Equity0.60
EPS₹2.93₹2.24
RoNW2.8322.72%

Shares Offered

In the Emmforce Autotech IPO Retail Individual Investors (RII) are offered 18,28,800 shares while in Teerth Gopicon IPO retail investors are offered 18,28,800 shares. Qualified Institutional Buyers (QIB) are offered 10,45,200 shares in Emmforce Autotech IPO and in Teerth Gopicon IPO.

 Emmforce Autotech IPOTeerth Gopicon IPO
Anchor Investor Reserveration15,66,000 shares
Market Maker Reserveration2,76,000 shares2,00,400 shares
QIB10,45,200 shares
NII7,83,600 shares18,99,600 shares
RII18,28,800 shares18,99,600 shares
Employee
Others
Total52,23,600 shares37,99,200 shares

Bids Received (Subscription)

Emmforce Autotech IPO subscribed 364.37x in total, whereas Teerth Gopicon IPO subscribed 75.54x.

 Emmforce Autotech IPOTeerth Gopicon IPO
QIB (times)160.58x
NII (times)861.98x97.12x
Big NII (times)
Small NII (times)
RII (times)267.62x44.33x
Employee (times)
Other (times)
Total (times)364.37x75.54x