Comparison between AMIC Forging IPO and Marinetrans IPO.
IPO Details
AMIC Forging IPO is a SME Fixed Price IPO proposed to list at BSE SME while Marinetrans IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of AMIC Forging IPO is up to ₹33.05 Cr whereas the issue size of the Marinetrans IPO is up to ₹10.36 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of Marinetrans IPO is ₹26.00 per share.
IPO Timetable
AMIC Forging IPO opens on Nov 29, 2023, while Marinetrans IPO opens on Nov 30, 2023. The closing date of AMIC Forging IPO and Marinetrans IPO is Dec 01, 2023, and Dec 05, 2023, respectively.
| | AMIC Forging IPO | Marinetrans IPO |
|---|
| Anchor Bid Date | Nov 28, 2023 | |
| Issue Open | Nov 29, 2023 | Nov 30, 2023 |
| Issue Close | Dec 01, 2023 | Dec 05, 2023 |
| Basis Of Allotment (Tentative) | Dec 04, 2023 | Dec 06, 2023 |
| Initiation of Refunds (Tentative) | Dec 05, 2023 | Dec 07, 2023 |
| Credit of Share (Tentative) | Dec 05, 2023 | Dec 07, 2023 |
| Listing date (Tentative) | Dec 06, 2023 | Dec 08, 2023 |
| Anchor Lockin End date 1 | Jan 03, 2024 | |
| Anchor Lockin End date 2 | Mar 03, 2024 | |
Financials & KPIs
AMIC Forging IPO P/E ratio is 1.01, as compared to Marinetrans IPO P/E ratio of 14.53.
Shares Offered
In the AMIC Forging IPO Retail Individual Investors (RII) are offered 9,19,000 shares while in Marinetrans IPO retail investors are offered 9,19,000 shares. Qualified Institutional Buyers (QIB) are offered 5,24,000 shares in AMIC Forging IPO and in Marinetrans IPO.
| | AMIC Forging IPO | Marinetrans IPO |
|---|
| Anchor Investor Reservation | 7,86,000 shares | |
| Market Maker Reservation | 1,39,000 shares | 2,16,000 shares |
| QIB | 5,24,000 shares | |
| NII | 3,94,000 shares | 19,92,000 shares |
| RII | 9,19,000 shares | 19,92,000 shares |
| Employee | | |
| Others | | |
| Total | 26,23,000 shares | 39,84,000 shares |
Bids Received (Subscription)
AMIC Forging IPO subscribed 289.05x in total, whereas Marinetrans IPO subscribed 33.00x.
