Comparison between Forcas Studio IPO and Sunlite Recycling Industries IPO.
Forcas Studio IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sunlite Recycling Industries IPO is a SME Bookbuilding proposed to list at NSE SME.
| Forcas Studio IPO | Sunlite Recycling Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | MAS Services Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Forcas Studio IPO is up to ₹35.56 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹28.68 Cr. The final issue price of Forcas Studio IPO is ₹80.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.
| Forcas Studio IPO | Sunlite Recycling Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹77.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹80.00 per share | ₹105.00 per share |
| Issue Price (Final) | ₹80.00 per share | ₹105.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 44,44,800 shares | 27,31,200 shares |
| Fresh Issue Size (Amount) | up to ₹35.56 Cr | up to ₹28.68 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 | 44,44,800 shares | 27,31,200 shares |
| Issue Size Total (Amount) | up to ₹35.56 Cr | up to ₹28.68 Cr |
Forcas Studio IPO opens on Aug 19, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of Forcas Studio IPO and Sunlite Recycling Industries IPO is Aug 21, 2024, and Aug 14, 2024, respectively.
| Forcas Studio IPO | Sunlite Recycling Industries IPO | |
|---|---|---|
| Anchor Bid Date | Aug 16, 2024 | Aug 09, 2024 |
| Issue Open | Aug 19, 2024 | Aug 12, 2024 |
| Issue Close | Aug 21, 2024 | Aug 14, 2024 |
| Basis Of Allotment (Tentative) | Aug 22, 2024 | Aug 16, 2024 |
| Initiation of Refunds (Tentative) | Aug 23, 2024 | Aug 19, 2024 |
| Credit of Share (Tentative) | Aug 23, 2024 | Aug 19, 2024 |
| Listing date (Tentative) | Aug 26, 2024 | Aug 20, 2024 |
| Anchor Lockin End date 1 | Sep 21, 2024 | Sep 15, 2024 |
| Anchor Lockin End date 2 | Nov 20, 2024 | Nov 14, 2024 |
Forcas Studio IPO P/E ratio is 90.09, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.
| Forcas Studio IPO | Sunlite Recycling Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 82.17 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 60.3 | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 90.09 | 9.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹140.64 Cr. | ₹114.24 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.06 | 75.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.54 | 29.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.50 | 1.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.89 | ₹11.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.06 | 44.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Forcas Studio IPO Retail Individual Investors (RII) are offered 15,56,800 shares while in Sunlite Recycling Industries IPO retail investors are offered 15,56,800 shares. Qualified Institutional Buyers (QIB) are offered 8,89,600 shares in Forcas Studio IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.
| Forcas Studio IPO | Sunlite Recycling Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,31,200 shares | 8,18,400 shares |
| Market Maker Reservation | 2,35,200 shares | 1,48,800 shares |
| QIB | 8,89,600 shares | 5,46,000 shares |
| NII | 6,67,200 shares | 4,10,400 shares |
| RII | 15,56,800 shares | 9,56,400 shares |
| Employee | ||
| Others | ||
| Total | 44,44,800 shares | 27,31,200 shares |
Forcas Studio IPO subscribed 416.99x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.
| Forcas Studio IPO | Sunlite Recycling Industries IPO | |
|---|---|---|
| QIB (times) | 205.39x | 109.05x |
| NII (times) | 701.85x | 584.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 415.82x | 252.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 416.99x | 282.45x |
