Comparison between Paramount Speciality Forgings IPO and Popular Foundations IPO.
Paramount Speciality Forgings IPO is a SME Fixed Price IPO proposed to list at NSE SME while Popular Foundations IPO is a SME Fixed Price proposed to list at BSE SME.
| Paramount Speciality Forgings IPO | Popular Foundations IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Srujan Alpha Capital Advisors LLP |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Paramount Speciality Forgings IPO is up to ₹30.72 Cr whereas the issue size of the Popular Foundations IPO is up to ₹18.87 Cr. The final issue price of Paramount Speciality Forgings IPO is ₹59.00 per share and of Popular Foundations IPO is ₹37.00 per share.
| Paramount Speciality Forgings IPO | Popular Foundations IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹57.00 per share | |
| Issue Price (Upper) | ₹59.00 per share | |
| Issue Price (Final) | ₹59.00 per share | ₹37.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 45,26,000 shares | 51,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹26.70 Cr | up to ₹18.87 Cr |
| OFS Issue Size | 6,80,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4.01 Cr | up to ₹0.00 Cr |
| Issue Size Total | 52,06,000 shares | 51,00,000 shares |
| Issue Size Total (Amount) | up to ₹30.72 Cr | up to ₹18.87 Cr |
Paramount Speciality Forgings IPO opens on Sep 17, 2024, while Popular Foundations IPO opens on Sep 13, 2024. The closing date of Paramount Speciality Forgings IPO and Popular Foundations IPO is Sep 20, 2024, and Sep 19, 2024, respectively.
| Paramount Speciality Forgings IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Bid Date | Sep 16, 2024 | |
| Issue Open | Sep 17, 2024 | Sep 13, 2024 |
| Issue Close | Sep 20, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 23, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 24, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 24, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 25, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 22, 2024 | |
| Anchor Lockin End date 2 | Dec 21, 2024 |
Paramount Speciality Forgings IPO P/E ratio is 12.1, as compared to Popular Foundations IPO P/E ratio of 15.97.
| Paramount Speciality Forgings IPO | Popular Foundations IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Paramount Speciality Forgings Limited Financial Information (Restated)Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.
| Popular Foundations Limited Financial Information (Restated)Popular Foundations Limited's revenue increased by 7% and profit after tax (PAT) rose by 191% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 100.00 | 83.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.15 | 61.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.1 | 15.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.12 Cr. | ₹75.40 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32% | 23.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 40% | 22.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.87 | ₹2.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.65% | 15.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Paramount Speciality Forgings IPO Retail Individual Investors (RII) are offered 18,24,000 shares while in Popular Foundations IPO retail investors are offered 18,24,000 shares. Qualified Institutional Buyers (QIB) are offered 10,40,000 shares in Paramount Speciality Forgings IPO and in Popular Foundations IPO.
| Paramount Speciality Forgings IPO | Popular Foundations IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,60,000 shares | |
| Market Maker Reserveration | 2,76,000 shares | 2,70,000 shares |
| QIB | 10,40,000 shares | |
| NII | 7,82,000 shares | 25,50,000 shares |
| RII | 18,24,000 shares | 25,50,000 shares |
| Employee | ||
| Others | ||
| Total | 52,06,000 shares | 51,00,000 shares |
Paramount Speciality Forgings IPO subscribed 73.88x in total, whereas Popular Foundations IPO subscribed 9.21x.
| Paramount Speciality Forgings IPO | Popular Foundations IPO | |
|---|---|---|
| QIB (times) | 20.88x | |
| NII (times) | 220.24x | 3.54x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 41.35x | 14.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 73.88x | 9.21x |
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