Comparison between Amkay Products IPO and TGIF Agribusiness IPO.
IPO Details
Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while TGIF Agribusiness 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 TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
IPO Timetable
Amkay Products IPO opens on Apr 30, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Amkay Products IPO and TGIF Agribusiness IPO is May 03, 2024, and May 10, 2024, respectively.
| | Amkay Products IPO | TGIF Agribusiness IPO |
|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | May 08, 2024 |
| Issue Close | May 03, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 08, 2024 | May 15, 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 TGIF Agribusiness IPO P/E ratio of 13.58.
Shares Offered
In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in TGIF Agribusiness 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 TGIF Agribusiness IPO.
| | Amkay Products IPO | TGIF Agribusiness IPO |
|---|
| Anchor Investor Reservation | 6,50,000 shares | |
| Market Maker Reservation | 1,20,000 shares | 34,800 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 3,26,400 shares |
| RII | 7,62,000 shares | 3,26,400 shares |
| Total | 21,72,000 shares | 6,52,800 shares |
Bids Received (Subscription)
Amkay Products IPO subscribed 524.17x in total, whereas TGIF Agribusiness IPO subscribed 34.13x.
