Comparison between Amkay Products IPO and Mandeep Auto Industries IPO.
IPO Details
Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mandeep Auto Industries IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Mandeep Auto Industries IPO is up to ₹23.97 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Mandeep Auto Industries IPO is ₹67.00 per share.
IPO Timetable
Amkay Products IPO opens on Apr 30, 2024, while Mandeep Auto Industries IPO opens on May 13, 2024. The closing date of Amkay Products IPO and Mandeep Auto Industries IPO is May 03, 2024, and May 15, 2024, respectively.
| | Amkay Products IPO | Mandeep Auto Industries IPO |
|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | May 13, 2024 |
| Issue Close | May 03, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | |
| Anchor Lockin End date 2 | Aug 04, 2024 | |
Financials & KPIs
Amkay Products IPO P/E ratio is 23.18, as compared to Mandeep Auto Industries IPO P/E ratio of 10.15.
Shares Offered
In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Mandeep Auto Industries IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 4,34,000 shares in Amkay Products IPO and in Mandeep Auto Industries IPO.
| | Amkay Products IPO | Mandeep Auto Industries IPO |
|---|
| Anchor Investor Reservation | 6,50,000 shares | |
| Market Maker Reservation | 1,20,000 shares | 1,90,000 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 17,88,000 shares |
| RII | 7,62,000 shares | 17,90,000 shares |
| Total | 21,72,000 shares | 35,78,000 shares |
Bids Received (Subscription)
Amkay Products IPO subscribed 524.17x in total, whereas Mandeep Auto Industries IPO subscribed 76.06x.
