Comparison between AMIC Forging IPO and Swashthik Plascon IPO.
AMIC Forging IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swashthik Plascon IPO is a SME Bookbuilding proposed to list at BSE SME.
| AMIC Forging IPO | Swashthik Plascon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Shreni Shares Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Nikunj Stock Brokers 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 AMIC Forging IPO is up to ₹33.05 Cr whereas the issue size of the Swashthik Plascon IPO is up to ₹38.71 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.
| AMIC Forging IPO | Swashthik Plascon IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹80.00 per share |
| Issue Price (Upper) | ₹126.00 per share | ₹86.00 per share |
| Issue Price (Final) | ₹126.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 26,23,000 shares | 45,00,800 shares |
| Fresh Issue Size (Amount) | up to ₹33.05 Cr | up to ₹38.71 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 | 26,23,000 shares | 45,00,800 shares |
| Issue Size Total (Amount) | up to ₹33.05 Cr | up to ₹38.71 Cr |
AMIC Forging IPO opens on Nov 29, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of AMIC Forging IPO and Swashthik Plascon IPO is Dec 01, 2023, and Nov 29, 2023, respectively.
| AMIC Forging IPO | Swashthik Plascon IPO | |
|---|---|---|
| Anchor Bid Date | Nov 28, 2023 | Nov 23, 2023 |
| Issue Open | Nov 29, 2023 | Nov 24, 2023 |
| Issue Close | Dec 01, 2023 | Nov 29, 2023 |
| Basis Of Allotment (Tentative) | Dec 04, 2023 | Dec 04, 2023 |
| Initiation of Refunds (Tentative) | Dec 05, 2023 | Dec 05, 2023 |
| Credit of Share (Tentative) | Dec 05, 2023 | Dec 05, 2023 |
| Listing date (Tentative) | Dec 06, 2023 | Dec 05, 2023 |
| Anchor Lockin End date 1 | Jan 03, 2024 | Jan 03, 2024 |
| Anchor Lockin End date 2 | Mar 03, 2024 | Mar 03, 2024 |
AMIC Forging IPO P/E ratio is 1.01, as compared to Swashthik Plascon IPO P/E ratio of 17.23.
| AMIC Forging IPO | Swashthik Plascon IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.38 | 60.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.74 | 43.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 1.01 | 17.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹132.15 Cr. | ₹151.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.25% | 22.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 55.78% | 17.30% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 2.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.83 | ₹4.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 49.40% | 14.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the AMIC Forging IPO Retail Individual Investors (RII) are offered 9,19,000 shares while in Swashthik Plascon IPO retail investors are offered 9,19,000 shares. Qualified Institutional Buyers (QIB) are offered 5,24,000 shares in AMIC Forging IPO and 9,00,800 shares in Swashthik Plascon IPO.
| AMIC Forging IPO | Swashthik Plascon IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,86,000 shares | 13,48,800 shares |
| Market Maker Reservation | 1,39,000 shares | 2,38,400 shares |
| QIB | 5,24,000 shares | 9,00,800 shares |
| NII | 3,94,000 shares | 6,75,200 shares |
| RII | 9,19,000 shares | 15,76,000 shares |
| Employee | ||
| Others | ||
| Total | 26,23,000 shares | 45,00,800 shares |
AMIC Forging IPO subscribed 289.05x in total, whereas Swashthik Plascon IPO subscribed 15.43x.
| AMIC Forging IPO | Swashthik Plascon IPO | |
|---|---|---|
| QIB (times) | 91.43x | 3.42x |
| NII (times) | 589.27x | 35.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 273.01x | 13.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 289.05x | 15.43x |
