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Precision Metaliks IPO vs Safa Systems IPO

Comparison between Precision Metaliks IPO and Safa Systems IPO.

IPO Details

Precision Metaliks IPO is a SME Fixed Price IPO proposed to list at NSE SME while Safa Systems IPO is a SME Fixed Price proposed to list at BSE SME.

 Precision Metaliks IPOSafa Systems IPO
LogoPrecision Metaliks IPO LogoSafa Systems IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFirst Overseas Capital Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerNNM Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Precision Metaliks IPO is up to ₹20.83 Cr whereas the issue size of the Safa Systems IPO is up to ₹3.80 Cr. The final issue price of Precision Metaliks IPO is ₹51.00 per share and of Safa Systems IPO is ₹10.00 per share.

 Precision Metaliks IPOSafa Systems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹51.00 per share₹10.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares10000 shares
Fresh Issue Size40,84,000 shares38,00,000 shares
Fresh Issue Size (Amount)up to ₹20.83 Crup to ₹3.80 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total40,84,000 shares38,00,000 shares
Issue Size Total (Amount)up to ₹20.83 Crup to ₹3.80 Cr

IPO Timetable

Precision Metaliks IPO opens on Jan 19, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Precision Metaliks IPO and Safa Systems IPO is Jan 24, 2022, and Feb 01, 2022, respectively.

 Precision Metaliks IPOSafa Systems IPO
Anchor Bid Date
Issue OpenJan 19, 2022Jan 28, 2022
Issue CloseJan 24, 2022Feb 01, 2022
Basis Of Allotment (Tentative)Jan 28, 2022Feb 04, 2022
Initiation of Refunds (Tentative)Jan 31, 2022Feb 07, 2022
Credit of Share (Tentative)Feb 01, 2022Feb 08, 2022
Listing date (Tentative)Feb 01, 2022Feb 09, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Precision Metaliks IPO P/E ratio is 19.32, as compared to Safa Systems IPO P/E ratio of 29.41.

 Precision Metaliks IPOSafa Systems IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,022.96 2,147.71 1,367.27 302.59
Total Revenue 4,813.35 4,924.13 2,217.96 5.28
Profit After Tax 214.57 149.35 82.39 0.46
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  7-Oct-21 31-Mar-21 31-Mar-20
Total Assets 446.81 489.28 402.67
Total Revenue 1,451.92 2,086.60 2,552.25
Profit After Tax 2.73 2.93 3.12
Promoter Shareholding (Pre-Issue)79.70100
Promoter Shareholding (Post-Issue)58.6273.47
P/E Ratio19.3229.41
Market Cap₹82.92 Cr.₹15.08 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Precision Metaliks IPO Retail Individual Investors (RII) are offered 20,42,000 shares while in Safa Systems IPO retail investors are offered 20,42,000 shares. Qualified Institutional Buyers (QIB) are offered in Precision Metaliks IPO and in Safa Systems IPO.

 Precision Metaliks IPOSafa Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration2,16,000 shares2,00,000 shares
QIB
NII20,42,000 shares19,00,000 shares
RII20,42,000 shares19,00,000 shares
Employee
Others
Total40,84,000 shares38,00,000 shares

Bids Received (Subscription)

Precision Metaliks IPO subscribed 7.36x in total, whereas Safa Systems IPO subscribed 52.71x.

 Precision Metaliks IPOSafa Systems IPO
QIB (times)
NII (times)2.81x64.61x
Big NII (times)
Small NII (times)
RII (times)11.90x40.81x
Employee (times)
Other (times)
Total (times)7.36x52.71x