Advance Technoforge IPO vs Mehul Colours IPO

Comparison between Advance Technoforge IPO and Mehul Colours IPO.

IPO Details

Advance Technoforge IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mehul Colours IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Advance Technoforge IPO is up to ₹0.00 Cr whereas the issue size of the Mehul Colours IPO is up to ₹20.56 Cr. The final issue price of Advance Technoforge IPO is and of Mehul Colours IPO is ₹72.00 per share.

 Advance Technoforge IPOMehul Colours IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹68.00 per share
Issue Price (Upper)₹72.00 per share
Issue Price (Final)₹72.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares
Fresh Issue Size25,30,000 shares28,56,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹20.56 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,30,000 shares28,56,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹20.56 Cr

IPO Timetable

Advance Technoforge IPO opens on , while Mehul Colours IPO opens on Jul 30, 2025. The closing date of Advance Technoforge IPO and Mehul Colours IPO is , and Aug 01, 2025, respectively.

Financials & KPIs

Advance Technoforge IPO P/E ratio is , as compared to Mehul Colours IPO P/E ratio of 9.87.

 Advance Technoforge IPOMehul Colours IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets33.2829.1522.1722.00
Total Income26.0148.2437.9131.56
Profit After Tax1.351.700.750.40
NET Worth8.286.935.224.47
Reserves and Surplus1.786.444.733.98
Amount in ₹ Crore

Company Financials (Restated)

Mehul Colours Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 71% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets18.9513.8710.82
Total Income23.7122.6621.37
Profit After Tax5.503.222.94
EBITDA6.884.183.97
NET Worth17.0611.568.36
Reserves and Surplus9.5211.278.07
Total Borrowing0.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10096.86
Promoter Shareholding (Post-Issue)69.24
P/E Ratio9.87
Market Cap₹75.95 Cr.
ROE24.6238.46
ROCE18.0743.53
Debt/Equity1.62
EPS₹7.30
RoNW24.6232.26

Shares Offered

In the Advance Technoforge IPO Retail Individual Investors (RII) are offered while in Mehul Colours IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Advance Technoforge IPO and 5,71,200 shares in Mehul Colours IPO.

 Advance Technoforge IPOMehul Colours IPO
Anchor Investor Reservation8,54,400 shares
Market Maker Reservation1,52,000 shares
QIB5,71,200 shares
NII4,28,800 shares
RII10,01,600 shares
Employee0 shares
Others
Total28,56,000 shares

Bids Received (Subscription)

Advance Technoforge IPO subscribed in total, whereas Mehul Colours IPO subscribed 7.98x.

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Advance Technoforge IPO Vs Mehul Colours IPO