Forge Auto International IPO vs NeoPolitan Pizza IPO

Comparison between Forge Auto International IPO and NeoPolitan Pizza IPO.

IPO Details

Forge Auto International IPO is a SME Fixed Price IPO proposed to list at NSE SME while NeoPolitan Pizza IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Forge Auto International IPO is up to ₹29.52 Cr whereas the issue size of the NeoPolitan Pizza IPO is up to ₹11.40 Cr. The final issue price of Forge Auto International IPO is ₹108.00 per share and of NeoPolitan Pizza IPO is ₹20.00 per share.

 Forge Auto International IPONeoPolitan Pizza IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹102.00 per share
Issue Price (Upper)₹108.00 per share
Issue Price (Final)₹108.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares6000 shares
Fresh Issue Size27,33,600 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹29.52 Crup to ₹11.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,33,600 shares57,00,000 shares
Issue Size Total (Amount)up to ₹29.52 Crup to ₹11.40 Cr

IPO Timetable

Forge Auto International IPO opens on Sep 26, 2024, while NeoPolitan Pizza IPO opens on Sep 30, 2024. The closing date of Forge Auto International IPO and NeoPolitan Pizza IPO is Sep 30, 2024, and Oct 04, 2024, respectively.

 Forge Auto International IPONeoPolitan Pizza IPO
Anchor Bid DateSep 25, 2024
Issue OpenSep 26, 2024Sep 30, 2024
Issue CloseSep 30, 2024Oct 04, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Oct 07, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Oct 08, 2024
Credit of Share (Tentative)Oct 03, 2024Oct 08, 2024
Listing date (Tentative)Oct 04, 2024Oct 09, 2024
Anchor Lockin End date 1Oct 31, 2024
Anchor Lockin End date 2Dec 30, 2024

Financials & KPIs

Forge Auto International IPO P/E ratio is 12.98, as compared to NeoPolitan Pizza IPO P/E ratio of 10.44.

 Forge Auto International IPONeoPolitan Pizza IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets101.4982.7456.78
Total Income181.57177.64134.00
Profit After Tax6.694.962.64
NET Worth20.2116.6013.68
Reserves and Surplus12.77
Total Borrowing40.4631.8326.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets20.4118.1213.01
Total Income44.0120.0516.31
Profit After Tax2.111.170.18
NET Worth15.9113.828.07
Reserves and Surplus4.922.82-0.64
Total Borrowing0.590.692.59
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10072.68
Promoter Shareholding (Post-Issue)73.6347.03
P/E Ratio12.9810.44
Market Cap₹117.94 Cr.₹34.00 Cr.
ROE35.7613.23
ROCE17.6017.17
Debt/Equity1.940.04
EPS₹8.32₹1.92
RoNW32.1413.15

Shares Offered

In the Forge Auto International IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in NeoPolitan Pizza IPO retail investors are offered 9,57,600 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Forge Auto International IPO and in NeoPolitan Pizza IPO.

 Forge Auto International IPONeoPolitan Pizza IPO
Anchor Investor Reservation8,18,400 shares
Market Maker Reservation1,46,400 shares3,00,000 shares
QIB5,47,200 shares
NII4,10,400 shares28,50,000 shares
RII9,57,600 shares28,50,000 shares
Employee
Others
Total27,33,600 shares57,00,000 shares

Bids Received (Subscription)

Forge Auto International IPO subscribed 34.52x in total, whereas NeoPolitan Pizza IPO subscribed 31.67x.

Compare with others

Compare: