ABS Marine IPO vs Faalcon Concepts IPO

Comparison between ABS Marine IPO and Faalcon Concepts IPO.

IPO Details

ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Faalcon Concepts IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Faalcon Concepts IPO is up to ₹11.48 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Faalcon Concepts IPO is ₹62.00 per share.

 ABS Marine IPOFaalcon Concepts IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹140.00 per share
Issue Price (Upper)₹147.00 per share
Issue Price (Final)₹147.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size61,40,000 shares18,52,000 shares
Fresh Issue Size (Amount)up to ₹90.26 Crup to ₹11.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total61,40,000 shares18,52,000 shares
Issue Size Total (Amount)up to ₹90.26 Crup to ₹11.48 Cr

IPO Timetable

ABS Marine IPO opens on May 10, 2024, while Faalcon Concepts IPO opens on Apr 19, 2024. The closing date of ABS Marine IPO and Faalcon Concepts IPO is May 15, 2024, and Apr 23, 2024, respectively.

 ABS Marine IPOFaalcon Concepts IPO
Anchor Bid DateMay 09, 2024
Issue OpenMay 10, 2024Apr 19, 2024
Issue CloseMay 15, 2024Apr 23, 2024
Basis Of Allotment (Tentative)May 16, 2024Apr 24, 2024
Initiation of Refunds (Tentative)May 17, 2024Apr 25, 2024
Credit of Share (Tentative)May 17, 2024Apr 25, 2024
Listing date (Tentative)May 21, 2024Apr 26, 2024
Anchor Lockin End date 1Jun 15, 2024
Anchor Lockin End date 2Aug 14, 2024

Financials & KPIs

ABS Marine IPO P/E ratio is 11.23, as compared to Faalcon Concepts IPO P/E ratio of 16.85.

 ABS Marine IPOFaalcon Concepts IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets184.81175.53166.63
Total Income138.02113.8182.84
Profit After Tax23.559.538.09
NET Worth117.1793.5283.70
Reserves and Surplus99.1793.5183.69
Total Borrowing45.6848.6661.15
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets14.1812.939.175.54
Total Income12.4913.2518.535.02
Profit After Tax1.321.800.980.12
NET Worth6.313.281.290.22
Reserves and Surplus1.433.251.280.21
Total Borrowing3.661.910.670.48
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.5091.76
Promoter Shareholding (Post-Issue)63.4265.56
P/E Ratio11.2316.85
Market Cap₹360.88 Cr.₹42.35 Cr.
ROE27.49%
ROCE18.67%26.18%
Debt/Equity0.390.58
EPS₹13.09₹3.68
RoNW20.10%20.88%

Shares Offered

In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Faalcon Concepts IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Faalcon Concepts IPO.

 ABS Marine IPOFaalcon Concepts IPO
Anchor Investor Reservation18,41,000 shares
Market Maker Reservation4,10,000 shares98,000 shares
QIB12,28,000 shares
NII9,22,000 shares9,26,000 shares
RII21,49,000 shares9,26,000 shares
Employee
Others
Total61,40,000 shares18,52,000 shares

Bids Received (Subscription)

ABS Marine IPO subscribed 144.44x in total, whereas Faalcon Concepts IPO subscribed 71.28x.

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