DOMS Industries IPO vs Happy Forgings IPO

Comparison between DOMS Industries IPO and Happy Forgings IPO.

IPO Details

DOMS Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Happy Forgings IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of DOMS Industries IPO is up to ₹1,200.00 Cr whereas the issue size of the Happy Forgings IPO is up to ₹1,008.59 Cr. The final issue price of DOMS Industries IPO is ₹790.00 per share and of Happy Forgings IPO is ₹850.00 per share.

 DOMS Industries IPOHappy Forgings IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹750.00 per share₹808.00 per share
Issue Price (Upper)₹790.00 per share₹850.00 per share
Issue Price (Final)₹790.00 per share₹850.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹75.00 per share
Market Lot Size18 shares17 shares
Fresh Issue Size44,37,018 shares47,05,882 shares
Fresh Issue Size (Amount)up to ₹350.37 Crup to ₹400.00 Cr
OFS Issue Size1,07,59,492 shares71,59,920 shares
OFS Issue Size (Amount)up to ₹849.63 Crup to ₹608.59 Cr
Issue Size Total1,51,96,510 shares1,18,65,802 shares
Issue Size Total (Amount)up to ₹1,200.00 Crup to ₹1,008.59 Cr

IPO Timetable

DOMS Industries IPO opens on Dec 13, 2023, while Happy Forgings IPO opens on Dec 19, 2023. The closing date of DOMS Industries IPO and Happy Forgings IPO is Dec 15, 2023, and Dec 21, 2023, respectively.

 DOMS Industries IPOHappy Forgings IPO
Anchor Bid DateDec 12, 2023Dec 18, 2023
Issue OpenDec 13, 2023Dec 19, 2023
Issue CloseDec 15, 2023Dec 21, 2023
Basis Of Allotment (Tentative)Dec 18, 2023Dec 22, 2023
Initiation of Refunds (Tentative)Dec 19, 2023Dec 26, 2023
Credit of Share (Tentative)Dec 19, 2023Dec 26, 2023
Listing date (Tentative)Dec 20, 2023Dec 27, 2023
Anchor Lockin End date 1Jan 17, 2024Jan 21, 2024
Anchor Lockin End date 2Mar 17, 2024Mar 21, 2024

Financials & KPIs

DOMS Industries IPO P/E ratio is 43.19, as compared to Happy Forgings IPO P/E ratio of 36.45.

 DOMS Industries IPOHappy Forgings IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets829.46639.78497.46457.52
Total Income764.221,216.52686.23408.79
Profit After Tax73.91102.8717.14-6.03
NET Worth397.61337.43247.25233.61
Reserves and Surplus341.36337.06246.87233.24
Total Borrowing176.38100.0784.9097.27
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,489.801,326.171,129.87876.38
Total Income675.731,202.27866.11590.81
Profit After Tax119.30208.70142.2986.45
NET Worth1,103.33988.31787.62645.16
Reserves and Surplus1,088.25978.66769.72636.21
Total Borrowing258.97218.52240.35153.47
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10088.24
Promoter Shareholding (Post-Issue)74.9778.60
P/E Ratio43.1936.45
Market Cap₹4793.77 Cr.₹8007.42 Cr.
ROE33.54%21.12%
ROCE33.31%24.24%
Debt/Equity0.28
EPS₹18.29₹23.32
RoNW28.39%21.12%

Shares Offered

In the DOMS Industries IPO Retail Individual Investors (RII) are offered 15,12,658 shares while in Happy Forgings IPO retail investors are offered 15,12,658 shares. Qualified Institutional Buyers (QIB) are offered 45,37,974 shares in DOMS Industries IPO and 23,73,160 shares in Happy Forgings IPO.

 DOMS Industries IPOHappy Forgings IPO
Anchor Investor Reservation68,06,961 shares35,59,740 shares
Market Maker Reservation
QIB45,37,974 shares23,73,160 shares
NII22,68,987 shares17,79,871 shares
RII15,12,658 shares41,53,031 shares
Employee69,930 shares
Others
Total1,51,96,510 shares1,18,65,802 shares

Bids Received (Subscription)

DOMS Industries IPO subscribed 99.34x in total, whereas Happy Forgings IPO subscribed 82.63x.

 DOMS Industries IPOHappy Forgings IPO
QIB (times)122.16x214.65x
NII (times)70.06x63.45x
Big NII (times)71.27x69.87x
Small NII (times)67.65x50.61x
RII (times)73.38x15.40x
Employee (times)
Other (times)
Total (times)99.34x82.63x

Compare with others

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DOMS Industries IPO Vs Happy Forgings IPO