AMIC Forging IPO vs Rockingdeals Circular IPO

Comparison between AMIC Forging IPO and Rockingdeals Circular IPO.

IPO Details

AMIC Forging IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Rockingdeals Circular IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of AMIC Forging IPO is up to ₹33.05 Cr whereas the issue size of the Rockingdeals Circular IPO is up to ₹19.81 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of Rockingdeals Circular IPO is ₹140.00 per share.

 AMIC Forging IPORockingdeals Circular IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share₹136.00 per share
Issue Price (Upper)₹126.00 per share₹140.00 per share
Issue Price (Final)₹126.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size26,23,000 shares14,15,000 shares
Fresh Issue Size (Amount)up to ₹33.05 Crup to ₹19.81 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,23,000 shares14,15,000 shares
Issue Size Total (Amount)up to ₹33.05 Crup to ₹19.81 Cr

IPO Timetable

AMIC Forging IPO opens on Nov 29, 2023, while Rockingdeals Circular IPO opens on Nov 22, 2023. The closing date of AMIC Forging IPO and Rockingdeals Circular IPO is Dec 01, 2023, and Nov 24, 2023, respectively.

 AMIC Forging IPORockingdeals Circular IPO
Anchor Bid DateNov 28, 2023Nov 21, 2023
Issue OpenNov 29, 2023Nov 22, 2023
Issue CloseDec 01, 2023Nov 24, 2023
Basis Of Allotment (Tentative)Dec 04, 2023Nov 28, 2023
Initiation of Refunds (Tentative)Dec 05, 2023Nov 29, 2023
Credit of Share (Tentative)Dec 05, 2023Nov 29, 2023
Listing date (Tentative)Dec 06, 2023Nov 30, 2023
Anchor Lockin End date 1Jan 03, 2024Dec 28, 2023
Anchor Lockin End date 2Mar 03, 2024Feb 26, 2024

Financials & KPIs

AMIC Forging IPO P/E ratio is 1.01, as compared to Rockingdeals Circular IPO P/E ratio of 33.33.

 AMIC Forging IPORockingdeals Circular IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets63.6861.0831.6416.22
Total Income29.79116.8371.3926.43
Profit After Tax3.609.800.870.56
NET Worth23.3819.847.676.81
Reserves and Surplus22.5318.986.966.10
Total Borrowing2.873.8510.714.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets14.3712.2713.9718.63
Total Income9.5815.1815.3310.70
Profit After Tax1.251.540.14-0.01
NET Worth8.186.935.395.39
Reserves and Surplus4.516.815.275.27
Total Borrowing3.733.934.064.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.3888.45
Promoter Shareholding (Post-Issue)57.7465.00
P/E Ratio1.0133.33
Market Cap₹132.15 Cr.₹79.23 Cr.
ROE71.25%25.05%
ROCE55.78%22.73%
Debt/Equity0.26
EPS₹12.83₹4.20
RoNW49.40%22.26%

Shares Offered

In the AMIC Forging IPO Retail Individual Investors (RII) are offered 9,19,000 shares while in Rockingdeals Circular IPO retail investors are offered 9,19,000 shares. Qualified Institutional Buyers (QIB) are offered 5,24,000 shares in AMIC Forging IPO and 2,80,000 shares in Rockingdeals Circular IPO.

 AMIC Forging IPORockingdeals Circular IPO
Anchor Investor Reservation7,86,000 shares4,20,000 shares
Market Maker Reservation1,39,000 shares85,000 shares
QIB5,24,000 shares2,80,000 shares
NII3,94,000 shares2,15,000 shares
RII9,19,000 shares5,00,000 shares
Employee
Others
Total26,23,000 shares14,15,000 shares

Bids Received (Subscription)

AMIC Forging IPO subscribed 289.05x in total, whereas Rockingdeals Circular IPO subscribed 213.64x.

 AMIC Forging IPORockingdeals Circular IPO
QIB (times)91.43x47.38x
NII (times)589.27x458.60x
Big NII (times)
Small NII (times)
RII (times)273.01x201.42x
Employee (times)
Other (times)
Total (times)289.05x213.64x

Compare with others

Compare: