Comparison between Amkay Products IPO and Refractory Shapes IPO.
Amkay Products IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Refractory Shapes IPO is a SME Bookbuilding proposed to list at NSE SME.
| Amkay Products IPO | Refractory Shapes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares 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 Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Refractory Shapes IPO is up to ₹17.66 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Refractory Shapes IPO is ₹31.00 per share.
| Amkay Products IPO | Refractory Shapes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | ₹27.00 per share |
| Issue Price (Upper) | ₹55.00 per share | ₹31.00 per share |
| Issue Price (Final) | ₹55.00 per share | ₹31.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 21,72,000 shares | 56,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.95 Cr | up to ₹17.66 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 | 21,72,000 shares | 56,96,000 shares |
| Issue Size Total (Amount) | up to ₹11.95 Cr | up to ₹17.66 Cr |
Amkay Products IPO opens on Apr 30, 2024, while Refractory Shapes IPO opens on May 06, 2024. The closing date of Amkay Products IPO and Refractory Shapes IPO is May 03, 2024, and May 09, 2024, respectively.
| Amkay Products IPO | Refractory Shapes IPO | |
|---|---|---|
| Anchor Bid Date | Apr 29, 2024 | May 03, 2024 |
| Issue Open | Apr 30, 2024 | May 06, 2024 |
| Issue Close | May 03, 2024 | May 09, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 10, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 13, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 13, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 14, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | Jun 09, 2024 |
| Anchor Lockin End date 2 | Aug 04, 2024 | Aug 08, 2024 |
Amkay Products IPO P/E ratio is 23.18, as compared to Refractory Shapes IPO P/E ratio of 25.55.
| Amkay Products IPO | Refractory Shapes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Amkay Products Limited Financial Information (Restated)Amkay Products Limited's revenue decreased by -23.22% and profit after tax (PAT) rose by 2.94% between the financial year ending with March 31, 2023 and March 31, 2022.
| Refractory Shapes Limited Financial Information (Restated)Refractory Shapes Limited's revenue increased by 47.7% and profit after tax (PAT) dropped by -33.2% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 99.89 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.44 | 72.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.18 | 25.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.61 Cr. | ₹67.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.49% | 15.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.54% | 9.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.48 | 1.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.37 | ₹1.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.82% | 15.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Refractory Shapes IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 4,34,000 shares in Amkay Products IPO and 11,44,000 shares in Refractory Shapes IPO.
| Amkay Products IPO | Refractory Shapes IPO | |
|---|---|---|
| Anchor Investor Reserveration | 6,50,000 shares | 17,00,000 shares |
| Market Maker Reserveration | 1,20,000 shares | 3,04,000 shares |
| QIB | 4,34,000 shares | 11,44,000 shares |
| NII | 3,26,000 shares | 8,56,000 shares |
| RII | 7,62,000 shares | 19,96,000 shares |
| Employee | ||
| Others | ||
| Total | 21,72,000 shares | 56,96,000 shares |
Amkay Products IPO subscribed 748.03x in total, whereas Refractory Shapes IPO subscribed 255.08x.
| Amkay Products IPO | Refractory Shapes IPO | |
|---|---|---|
| QIB (times) | 173.04x | 90.59x |
| NII (times) | 987.34x | 464.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 973.14x | 259.56x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 748.03x | 255.08x |
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