Comparison between Forcas Studio IPO and Positron Energy IPO.
Forcas Studio IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Positron Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
| Forcas Studio IPO | Positron Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | MAS Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Forcas Studio IPO is up to ₹35.56 Cr whereas the issue size of the Positron Energy IPO is up to ₹48.65 Cr. The final issue price of Forcas Studio IPO is ₹80.00 per share and of Positron Energy IPO is ₹250.00 per share.
| Forcas Studio IPO | Positron Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹77.00 per share | ₹238.00 per share |
| Issue Price (Upper) | ₹80.00 per share | ₹250.00 per share |
| Issue Price (Final) | ₹80.00 per share | ₹250.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 600 shares |
| Fresh Issue Size | 44,44,800 shares | 19,45,800 shares |
| Fresh Issue Size (Amount) | up to ₹35.56 Cr | up to ₹48.65 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,44,800 shares | 19,45,800 shares |
| Issue Size Total (Amount) | up to ₹35.56 Cr | up to ₹48.65 Cr |
Forcas Studio IPO opens on Aug 19, 2024, while Positron Energy IPO opens on Aug 12, 2024. The closing date of Forcas Studio IPO and Positron Energy IPO is Aug 21, 2024, and Aug 14, 2024, respectively.
| Forcas Studio IPO | Positron Energy IPO | |
|---|---|---|
| Anchor Bid Date | Aug 16, 2024 | Aug 09, 2024 |
| Issue Open | Aug 19, 2024 | Aug 12, 2024 |
| Issue Close | Aug 21, 2024 | Aug 14, 2024 |
| Basis Of Allotment (Tentative) | Aug 22, 2024 | Aug 16, 2024 |
| Initiation of Refunds (Tentative) | Aug 23, 2024 | Aug 19, 2024 |
| Credit of Share (Tentative) | Aug 23, 2024 | Aug 19, 2024 |
| Listing date (Tentative) | Aug 26, 2024 | Aug 20, 2024 |
| Anchor Lockin End date 1 | Sep 21, 2024 | Sep 15, 2024 |
| Anchor Lockin End date 2 | Nov 20, 2024 | Nov 14, 2024 |
Forcas Studio IPO P/E ratio is 90.09, as compared to Positron Energy IPO P/E ratio of 15.79.
| Forcas Studio IPO | Positron Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Forcas Studio Limited Financial Information (Restated)
| Positron Energy Limited Financial Information (Restated Consolidated)Positron Energy Limited's revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 82.17 | 98.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.30 | 72.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90.09 | 15.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹140.64 Cr. | ₹190.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.06% | 0.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.54% | 0.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.50 | 0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.89 | ₹15.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.06% | 59.01% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Forcas Studio IPO Retail Individual Investors (RII) are offered 15,56,800 shares while in Positron Energy IPO retail investors are offered 15,56,800 shares. Qualified Institutional Buyers (QIB) are offered 8,89,600 shares in Forcas Studio IPO and 3,88,800 shares in Positron Energy IPO.
| Forcas Studio IPO | Positron Energy IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,31,200 shares | 5,83,200 shares |
| Market Maker Reserveration | 2,35,200 shares | 1,02,600 shares |
| QIB | 8,89,600 shares | 3,88,800 shares |
| NII | 6,67,200 shares | 2,92,200 shares |
| RII | 15,56,800 shares | 6,81,600 shares |
| Employee | ||
| Others | ||
| Total | 44,44,800 shares | 19,45,800 shares |
Forcas Studio IPO subscribed 416.99x in total, whereas Positron Energy IPO subscribed 414.86x.
| Forcas Studio IPO | Positron Energy IPO | |
|---|---|---|
| QIB (times) | 205.39x | 231.41x |
| NII (times) | 701.85x | 805.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 415.82x | 351.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 416.99x | 414.86x |
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