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Identical Brains Studios IPO vs Newmalayalam Steel IPO

Comparison between Identical Brains Studios IPO and Newmalayalam Steel IPO.

IPO Details

Identical Brains Studios IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Newmalayalam Steel IPO is a SME Bookbuilding proposed to list at NSE SME.

 Identical Brains Studios IPONewmalayalam Steel IPO
LogoIdentical Brains Studios IPO LogoNewmalayalam Steel IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSocradamus Capital Pvt.Ltd.Khandwala Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerRikhav Securities Ltd.Aftertrade 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 Identical Brains Studios IPO is up to ₹18.94 Cr whereas the issue size of the Newmalayalam Steel IPO is up to ₹39.66 Cr. The final issue price of Identical Brains Studios IPO is ₹54.00 per share and of Newmalayalam Steel IPO is ₹90.00 per share.

 Identical Brains Studios IPONewmalayalam Steel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹85.00 per share
Issue Price (Upper)₹54.00 per share₹90.00 per share
Issue Price (Final)₹54.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size35,08,000 shares44,06,400 shares
Fresh Issue Size (Amount)up to ₹18.94 Crup to ₹39.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,08,000 shares44,06,400 shares
Issue Size Total (Amount)up to ₹18.94 Crup to ₹39.66 Cr

IPO Timetable

Identical Brains Studios IPO opens on Dec 18, 2024, while Newmalayalam Steel IPO opens on Dec 19, 2024. The closing date of Identical Brains Studios IPO and Newmalayalam Steel IPO is Dec 20, 2024, and Dec 23, 2024, respectively.

 Identical Brains Studios IPONewmalayalam Steel IPO
Anchor Bid DateDec 17, 2024
Issue OpenDec 18, 2024Dec 19, 2024
Issue CloseDec 20, 2024Dec 23, 2024
Basis Of Allotment (Tentative)Dec 23, 2024Dec 24, 2024
Initiation of Refunds (Tentative)Dec 24, 2024Dec 26, 2024
Credit of Share (Tentative)Dec 24, 2024Dec 26, 2024
Listing date (Tentative)Dec 26, 2024Dec 27, 2024
Anchor Lockin End date 1Jan 22, 2025
Anchor Lockin End date 2Mar 23, 2025

Financials & KPIs

Identical Brains Studios IPO P/E ratio is 10.44, as compared to Newmalayalam Steel IPO P/E ratio of 26.67.

 Identical Brains Studios IPONewmalayalam Steel IPO
Financials

Identical Brains Studios Limited Financial Information (Restated)

Identical Brains Studios Limited's revenue increased by 150.71% and profit after tax (PAT) rose by 231.5% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,183.641,702.39475.50226.38
Total Income1,149.622,026.38808.26390.75
Profit After Tax240.54534.65161.2851.01
Net Worth1,436.081,203.62288.51127.23
Reserves and Surplus402.89514.82287.51126.23
Total Borrowing17.0919.04
Amount in ₹ Lakhs

Newmalayalam Steel Limited Financial Information (Restated)

Newmalayalam Steel Limited's revenue decreased by -15.78% and profit after tax (PAT) dropped by -28.91% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets11,032.7711,208.198,734.839,001.66
Total Income15,533.8230,314.8035,995.7132,360.91
Profit After Tax519.30426.86600.49673.06
Net Worth4,566.444,047.143,620.283,019.79
Reserves and Surplus3,301.682,782.382,355.521,755.03
Total Borrowing3,917.945,911.152,815.224,920.06
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.5399.80
Promoter Shareholding (Post-Issue)73.02
P/E Ratio10.4426.67
Market Cap₹75.74 Cr.₹155.59 Cr.
ROE71.66%10.55%
ROCE103.52%17.60
Debt/Equity0.02
EPS₹5.17₹3.38
RoNW44.42%10.55%

Shares Offered

In the Identical Brains Studios IPO Retail Individual Investors (RII) are offered 12,28,000 shares while in Newmalayalam Steel IPO retail investors are offered 12,28,000 shares. Qualified Institutional Buyers (QIB) are offered 7,04,000 shares in Identical Brains Studios IPO and 4,41,600 shares in Newmalayalam Steel IPO.

 Identical Brains Studios IPONewmalayalam Steel IPO
Anchor Investor Reserveration10,48,000 shares
Market Maker Reserveration1,86,000 shares2,33,600 shares
QIB7,04,000 shares4,41,600 shares
NII5,28,000 shares19,80,800 shares
RII12,28,000 shares19,84,000 shares
Employee
Others
Total35,08,000 shares44,06,400 shares

Bids Received (Subscription)

Identical Brains Studios IPO subscribed 544.28x in total, whereas Newmalayalam Steel IPO subscribed 50.69x.

 Identical Brains Studios IPONewmalayalam Steel IPO
QIB (times)187.36x1.26x
NII (times)1,020.20x24.63x
Big NII (times)
Small NII (times)
RII (times)544.28x87.70x
Employee (times)
Other (times)
Total (times)544.28x50.69x