Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Infinium Pharmachem IPO vs Maiden Forgings IPO

Comparison between Infinium Pharmachem IPO and Maiden Forgings IPO.

IPO Details

Infinium Pharmachem IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Maiden Forgings IPO is a SME Bookbuilding proposed to list at BSE SME.

 Infinium Pharmachem IPOMaiden Forgings IPO
LogoInfinium Pharmachem IPO LogoMaiden Forgings IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Share India Capital Services Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerSwastika Investmart Ltd.Share India Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Infinium Pharmachem IPO is up to ₹23.99 Cr whereas the issue size of the Maiden Forgings IPO is up to ₹22.64 Cr. The final issue price of Infinium Pharmachem IPO is ₹135.00 per share and of Maiden Forgings IPO is ₹63.00 per share.

 Infinium Pharmachem IPOMaiden Forgings IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹60.00 per share
Issue Price (Upper)₹63.00 per share
Issue Price (Final)₹135.00 per share₹63.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹13.50 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size17,81,000 shares35,94,000 shares
Fresh Issue Size (Amount)up to ₹23.99 Crup to ₹22.64 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,81,000 shares35,94,000 shares
Issue Size Total (Amount)up to ₹23.99 Crup to ₹22.64 Cr

IPO Timetable

Infinium Pharmachem IPO opens on Mar 31, 2023, while Maiden Forgings IPO opens on Mar 23, 2023. The closing date of Infinium Pharmachem IPO and Maiden Forgings IPO is Apr 05, 2023, and Mar 27, 2023, respectively.

 Infinium Pharmachem IPOMaiden Forgings IPO
Anchor Bid Date
Issue OpenMar 31, 2023Mar 23, 2023
Issue CloseApr 05, 2023Mar 27, 2023
Basis Of Allotment (Tentative)Apr 11, 2023Mar 31, 2023
Initiation of Refunds (Tentative)Apr 12, 2023Apr 03, 2023
Credit of Share (Tentative)Apr 13, 2023Apr 05, 2023
Listing date (Tentative)Apr 17, 2023Apr 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Infinium Pharmachem IPO P/E ratio is 7.83, as compared to Maiden Forgings IPO P/E ratio of 8.38.

 Infinium Pharmachem IPOMaiden Forgings IPO
Financials
Infinium Pharmachem Private Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202,244.603,941.6493.40424.74566.17
31-Mar-213,418.277,115.37272.48702.32579.47
31-Mar-225,899.9510,005.25610.641,310.221,385.01
30-Sep-227,075.717,985.39551.011,855.771,614.71
Amount in ₹ Lakhs
Maiden Forgings Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-209,890.0520,440.37165.952,136.921,672.025,788.13
31-Mar-2110,484.2519,937.49168.942,899.112,377.715,428.93
31-Mar-2211,014.2321,083.72213.943,113.052,591.656,170.75
31-Dec-2212,595.6916,381.04801.513,914.562,871.766,525.17
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.0573.37
P/E Ratio7.838.38
Market Cap₹93.93 Cr.₹89.54 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Infinium Pharmachem IPO Retail Individual Investors (RII) are offered 8,70,000 shares while in Maiden Forgings IPO retail investors are offered 8,70,000 shares. Qualified Institutional Buyers (QIB) are offered in Infinium Pharmachem IPO and 3,60,000 shares in Maiden Forgings IPO.

 Infinium Pharmachem IPOMaiden Forgings IPO
Anchor Investor Reserveration
Market Maker Reserveration94,000 shares1,90,000 shares
QIB3,60,000 shares
NII8,70,000 shares9,70,000 shares
RII8,70,000 shares22,64,000 shares
Employee41,000 shares
Others
Total17,81,000 shares35,94,000 shares

Bids Received (Subscription)

Infinium Pharmachem IPO subscribed 1.84x in total, whereas Maiden Forgings IPO subscribed 1.20x.

 Infinium Pharmachem IPOMaiden Forgings IPO
QIB (times)1.00x
NII (times)1.80x1.42x
Big NII (times)
Small NII (times)
RII (times)1.86x1.12x
Employee (times)
Other (times)
Total (times)1.84x1.20x