Comparison between Amkay Products IPO and Sai Swami Metals IPO.
IPO Details
Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sai Swami Metals IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Sai Swami Metals IPO is up to ₹14.23 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Sai Swami Metals IPO is ₹60.00 per share.
IPO Timetable
Amkay Products IPO opens on Apr 30, 2024, while Sai Swami Metals IPO opens on Apr 30, 2024. The closing date of Amkay Products IPO and Sai Swami Metals IPO is May 03, 2024, and May 03, 2024, respectively.
| | Amkay Products IPO | Sai Swami Metals IPO |
|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | Apr 30, 2024 |
| Issue Close | May 03, 2024 | May 03, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 06, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 07, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 07, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 08, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | |
| Anchor Lockin End date 2 | Aug 04, 2024 | |
Financials & KPIs
Amkay Products IPO P/E ratio is 23.18, as compared to Sai Swami Metals IPO P/E ratio of 11.34.
Shares Offered
In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Sai Swami Metals IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 4,34,000 shares in Amkay Products IPO and in Sai Swami Metals IPO.
| | Amkay Products IPO | Sai Swami Metals IPO |
|---|
| Anchor Investor Reservation | 6,50,000 shares | |
| Market Maker Reservation | 1,20,000 shares | 1,28,000 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 11,86,000 shares |
| RII | 7,62,000 shares | 11,86,000 shares |
| Total | 21,72,000 shares | 23,72,000 shares |
Bids Received (Subscription)
Amkay Products IPO subscribed 524.17x in total, whereas Sai Swami Metals IPO subscribed 531.42x.
