Comparison between Forcas Studio IPO and Ideal Technoplast IPO.
Forcas Studio IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ideal Technoplast IPO is a SME Fixed Price proposed to list at NSE SME.
| Forcas Studio IPO | Ideal Technoplast IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | MAS Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Forcas Studio IPO is up to ₹35.56 Cr whereas the issue size of the Ideal Technoplast IPO is up to ₹15.22 Cr. The final issue price of Forcas Studio IPO is ₹80.00 per share and of Ideal Technoplast IPO is ₹121.00 per share.
| Forcas Studio IPO | Ideal Technoplast IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹77.00 per share | |
| Issue Price (Upper) | ₹80.00 per share | |
| Issue Price (Final) | ₹80.00 per share | ₹121.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 44,44,800 shares | 12,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹35.56 Cr | up to ₹15.22 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 | 44,44,800 shares | 12,58,000 shares |
| Issue Size Total (Amount) | up to ₹35.56 Cr | up to ₹15.22 Cr |
Forcas Studio IPO opens on Aug 19, 2024, while Ideal Technoplast IPO opens on Aug 21, 2024. The closing date of Forcas Studio IPO and Ideal Technoplast IPO is Aug 21, 2024, and Aug 23, 2024, respectively.
| Forcas Studio IPO | Ideal Technoplast IPO | |
|---|---|---|
| Anchor Bid Date | Aug 16, 2024 | |
| Issue Open | Aug 19, 2024 | Aug 21, 2024 |
| Issue Close | Aug 21, 2024 | Aug 23, 2024 |
| Basis Of Allotment (Tentative) | Aug 22, 2024 | Aug 26, 2024 |
| Initiation of Refunds (Tentative) | Aug 23, 2024 | Aug 27, 2024 |
| Credit of Share (Tentative) | Aug 23, 2024 | Aug 27, 2024 |
| Listing date (Tentative) | Aug 26, 2024 | Aug 28, 2024 |
| Anchor Lockin End date 1 | Sep 21, 2024 | |
| Anchor Lockin End date 2 | Nov 20, 2024 |
Forcas Studio IPO P/E ratio is 90.09, as compared to Ideal Technoplast IPO P/E ratio of 12.47.
| Forcas Studio IPO | Ideal Technoplast IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Forcas Studio Limited Financial Information (Restated)
| Ideal Technoplast Industries Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 82.17 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.30 | 73.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90.09 | 12.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹140.64 Cr. | ₹60.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.06% | 43.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.54% | 32.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.89 | ₹9.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.06% | 43.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Forcas Studio IPO Retail Individual Investors (RII) are offered 15,56,800 shares while in Ideal Technoplast IPO retail investors are offered 15,56,800 shares. Qualified Institutional Buyers (QIB) are offered 8,89,600 shares in Forcas Studio IPO and in Ideal Technoplast IPO.
| Forcas Studio IPO | Ideal Technoplast IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,31,200 shares | |
| Market Maker Reserveration | 2,35,200 shares | 67,000 shares |
| QIB | 8,89,600 shares | |
| NII | 6,67,200 shares | 6,27,000 shares |
| RII | 15,56,800 shares | 6,31,000 shares |
| Employee | ||
| Others | ||
| Total | 44,44,800 shares | 12,58,000 shares |
Forcas Studio IPO subscribed 416.99x in total, whereas Ideal Technoplast IPO subscribed 116.75x.
| Forcas Studio IPO | Ideal Technoplast IPO | |
|---|---|---|
| QIB (times) | 205.39x | |
| NII (times) | 701.85x | 108.49x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 415.82x | 115.57x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 416.99x | 116.75x |
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