Ameya Precision Engineers IPO vs Mega Flex Plastics IPO

Comparison between Ameya Precision Engineers IPO and Mega Flex Plastics IPO.

IPO Details

Ameya Precision Engineers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mega Flex Plastics IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Ameya Precision Engineers IPO is up to ₹6.77 Cr whereas the issue size of the Mega Flex Plastics IPO is up to ₹10.82 Cr. The final issue price of Ameya Precision Engineers IPO is ₹34.00 per share and of Mega Flex Plastics IPO is ₹40.00 per share.

 Ameya Precision Engineers IPOMega Flex Plastics IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹34.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares3000 shares
Fresh Issue Size13,92,000 shares27,06,000 shares
Fresh Issue Size (Amount)up to ₹4.73 Crup to ₹10.82 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.04 Crup to ₹0.00 Cr
Issue Size Total19,92,000 shares27,06,000 shares
Issue Size Total (Amount)up to ₹6.77 Crup to ₹10.82 Cr

IPO Timetable

Ameya Precision Engineers IPO opens on Aug 25, 2022, while Mega Flex Plastics IPO opens on Sep 06, 2022. The closing date of Ameya Precision Engineers IPO and Mega Flex Plastics IPO is Aug 30, 2022, and Sep 09, 2022, respectively.

 Ameya Precision Engineers IPOMega Flex Plastics IPO
Issue OpenAug 25, 2022Sep 06, 2022
Issue CloseAug 30, 2022Sep 09, 2022
Basis Of Allotment (Tentative)Sep 05, 2022Sep 14, 2022
Initiation of Refunds (Tentative)Sep 06, 2022Sep 15, 2022
Credit of Share (Tentative)Sep 07, 2022Sep 16, 2022
Listing date (Tentative)Sep 08, 2022Sep 19, 2022

Financials & KPIs

Ameya Precision Engineers IPO P/E ratio is 16.75, as compared to Mega Flex Plastics IPO P/E ratio of 16.19.

 Ameya Precision Engineers IPOMega Flex Plastics IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets19.9820.1222.35
Total Income23.9624.8923.48
Profit After Tax1.532.731.80
NET Worth13.5111.999.26
Reserves and Surplus7.519.998.26
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets34.1532.0030.00
Total Income47.3931.0933.43
Profit After Tax2.661.292.20
NET Worth31.0528.3927.10
Reserves and Surplus29.3026.6425.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99%99.79%
Promoter Shareholding (Post-Issue)72%73.32%
P/E Ratio16.7516.19
Market Cap₹25.50 Cr.₹42.98 Cr.
ROE11.926
ROCE17.0412
Debt/Equity0.22
EPS₹2.53₹15.16
RoNW11.258.56

Shares Offered

In the Ameya Precision Engineers IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Mega Flex Plastics IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ameya Precision Engineers IPO and in Mega Flex Plastics IPO.

 Ameya Precision Engineers IPOMega Flex Plastics IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,08,000 shares1,44,000 shares
QIB0 shares
NII9,96,000 shares13,53,000 shares
RII9,96,000 shares13,53,000 shares
Employee0 shares
Total19,92,000 shares27,06,000 shares

Bids Received (Subscription)

Ameya Precision Engineers IPO subscribed 251.35x in total, whereas Mega Flex Plastics IPO subscribed 46.31x.

 Ameya Precision Engineers IPOMega Flex Plastics IPO
NII (times)259.16x52.86x
RII (times)243.53x39.75x
Total (times)251.35x46.31x

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