Comparison between Forge Auto International IPO and NeoPolitan Pizza IPO.
Forge Auto International IPO is a SME Fixed Price IPO proposed to list at NSE SME while NeoPolitan Pizza IPO is a SME Fixed Price proposed to list at BSE SME.
| Forge Auto International IPO | NeoPolitan Pizza IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Turnaround Corporate Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | MNM Stock Broking Pvt.Ltd. |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | RHP ![]() |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | Anchor Investor ![]() | |
| IPO Allotment URL | IPO Allotment URL ![]() | IPO Allotment URL ![]() |
The total issue size of Forge Auto International IPO is up to ₹29.52 Cr whereas the issue size of the NeoPolitan Pizza IPO is up to ₹11.40 Cr. The final issue price of Forge Auto International IPO is ₹108.00 per share and of NeoPolitan Pizza IPO is ₹20.00 per share.
| Forge Auto International IPO | NeoPolitan Pizza IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹102.00 per share | |
| Issue Price (Upper) | ₹108.00 per share | |
| Issue Price (Final) | ₹108.00 per share | ₹20.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 6000 shares |
| Fresh Issue Size | 27,33,600 shares | 57,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.52 Cr | up to ₹11.40 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 | 27,33,600 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹29.52 Cr | up to ₹11.40 Cr |
Forge Auto International IPO opens on Sep 26, 2024, while NeoPolitan Pizza IPO opens on Sep 30, 2024. The closing date of Forge Auto International IPO and NeoPolitan Pizza IPO is Sep 30, 2024, and Oct 04, 2024, respectively.
| Forge Auto International IPO | NeoPolitan Pizza IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | |
| Issue Open | Sep 26, 2024 | Sep 30, 2024 |
| Issue Close | Sep 30, 2024 | Oct 04, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Oct 07, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 08, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 08, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 09, 2024 |
| Anchor Lockin End date 1 | Oct 31, 2024 | |
| Anchor Lockin End date 2 | Dec 30, 2024 |
Forge Auto International IPO P/E ratio is 12.98, as compared to NeoPolitan Pizza IPO P/E ratio of 10.44.
| Forge Auto International IPO | NeoPolitan Pizza IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 72.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 47.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.98 | 10.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹117.94 Cr. | ₹34.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.76 | 13.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.60 | 17.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.32 | ₹1.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.14 | 13.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Forge Auto International IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in NeoPolitan Pizza IPO retail investors are offered 9,57,600 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Forge Auto International IPO and in NeoPolitan Pizza IPO.
| Forge Auto International IPO | NeoPolitan Pizza IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,18,400 shares | |
| Market Maker Reservation | 1,46,400 shares | 3,00,000 shares |
| QIB | 5,47,200 shares | |
| NII | 4,10,400 shares | 28,50,000 shares |
| RII | 9,57,600 shares | 28,50,000 shares |
| Employee | ||
| Others | ||
| Total | 27,33,600 shares | 57,00,000 shares |
Forge Auto International IPO subscribed 34.52x in total, whereas NeoPolitan Pizza IPO subscribed 31.67x.
| Forge Auto International IPO | NeoPolitan Pizza IPO | |
|---|---|---|
| QIB (times) | 20.13x | |
| NII (times) | 58.55x | 20.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.95x | 42.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 34.52x | 31.67x |