Amkay Products IPO vs Slone Infosystems IPO

Comparison between Amkay Products IPO and Slone Infosystems IPO.

IPO Details

Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Slone Infosystems IPO is a SME Fixed Price proposed to list at NSE 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 Slone Infosystems IPO is up to ₹10.50 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Slone Infosystems IPO is ₹79.00 per share.

 Amkay Products IPOSlone Infosystems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹79.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size21,72,000 shares13,29,600 shares
Fresh Issue Size (Amount)up to ₹11.95 Crup to ₹10.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,72,000 shares13,29,600 shares
Issue Size Total (Amount)up to ₹11.95 Crup to ₹10.50 Cr

IPO Timetable

Amkay Products IPO opens on Apr 30, 2024, while Slone Infosystems IPO opens on May 03, 2024. The closing date of Amkay Products IPO and Slone Infosystems IPO is May 03, 2024, and May 07, 2024, respectively.

 Amkay Products IPOSlone Infosystems IPO
Anchor Bid DateApr 29, 2024
Issue OpenApr 30, 2024May 03, 2024
Issue CloseMay 03, 2024May 07, 2024
Basis Of Allotment (Tentative)May 06, 2024May 08, 2024
Initiation of Refunds (Tentative)May 07, 2024May 09, 2024
Credit of Share (Tentative)May 07, 2024May 09, 2024
Listing date (Tentative)May 08, 2024May 10, 2024
Anchor Lockin End date 1Jun 05, 2024
Anchor Lockin End date 2Aug 04, 2024

Financials & KPIs

Amkay Products IPO P/E ratio is 23.18, as compared to Slone Infosystems IPO P/E ratio of 40.94.

 Amkay Products IPOSlone Infosystems IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18.8815.6415.8113.93
Total Income23.8628.2536.7940.72
Profit After Tax2.151.511.473.13
NET Worth9.877.726.214.74
Reserves and Surplus3.517.445.934.46
Total Borrowing4.764.704.341.37
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19.7911.9111.679.29
Total Income34.3530.7726.5911.57
Profit After Tax2.850.750.380.28
NET Worth11.882.102.291.90
Reserves and Surplus8.010.26
Total Borrowing6.436.829.217.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.8999.43
Promoter Shareholding (Post-Issue)73.4473.01
P/E Ratio23.1840.94
Market Cap₹47.61 Cr.₹41.63 Cr.
ROE24.49%74%
ROCE21.54%34.44%
Debt/Equity0.480.33
EPS₹2.37₹1.93
RoNW21.82%23.98%

Shares Offered

In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Slone Infosystems 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 Slone Infosystems IPO.

 Amkay Products IPOSlone Infosystems IPO
Anchor Investor Reservation6,50,000 shares
Market Maker Reservation1,20,000 shares70,400 shares
QIB4,34,000 shares
NII3,26,000 shares6,64,000 shares
RII7,62,000 shares6,65,600 shares
Employee
Others
Total21,72,000 shares13,29,600 shares

Bids Received (Subscription)

Amkay Products IPO subscribed 748.03x in total, whereas Slone Infosystems IPO subscribed 667.81x.

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Amkay Products IPO Vs Slone Infosystems IPO