Comparison between Forge Auto International IPO and Thinking Hats Entertainment IPO.
Forge Auto International IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Thinking Hats Entertainment IPO is a SME Bookbuilding proposed to list at NSE SME.
| Forge Auto International IPO | Thinking Hats Entertainment IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Horizon Financial Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Forge Auto International IPO is up to ₹29.52 Cr whereas the issue size of the Thinking Hats Entertainment IPO is up to ₹14.30 Cr. The final issue price of Forge Auto International IPO is ₹108.00 per share and of Thinking Hats Entertainment IPO is ₹44.00 per share.
| Forge Auto International IPO | Thinking Hats Entertainment IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹102.00 per share | ₹42.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹44.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹44.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 27,33,600 shares | 32,49,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.52 Cr | up to ₹14.30 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 | 27,33,600 shares | 32,49,000 shares |
| Issue Size Total (Amount) | up to ₹29.52 Cr | up to ₹14.30 Cr |
Forge Auto International IPO opens on Sep 26, 2024, while Thinking Hats Entertainment IPO opens on Sep 25, 2024. The closing date of Forge Auto International IPO and Thinking Hats Entertainment IPO is Sep 30, 2024, and Sep 27, 2024, respectively.
| Forge Auto International IPO | Thinking Hats Entertainment IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | |
| Issue Open | Sep 26, 2024 | Sep 25, 2024 |
| Issue Close | Sep 30, 2024 | Sep 27, 2024 |
| Basis Of Allotment (Tentative) | Oct 01, 2024 | Sep 30, 2024 |
| Initiation of Refunds (Tentative) | Oct 03, 2024 | Oct 01, 2024 |
| Credit of Share (Tentative) | Oct 03, 2024 | Oct 01, 2024 |
| Listing date (Tentative) | Oct 04, 2024 | Oct 03, 2024 |
| Anchor Lockin End date 1 | Oct 31, 2024 | |
| Anchor Lockin End date 2 | Dec 30, 2024 |
Forge Auto International IPO P/E ratio is 12.98, as compared to Thinking Hats Entertainment IPO P/E ratio of 12.89.
| Forge Auto International IPO | Thinking Hats Entertainment IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Forge Auto International Limited Financial Information (Restated)Forge Auto International Limited's revenue increased by 2% and profit after tax (PAT) rose by 35% between the financial year ending with March 31, 2024 and March 31, 2023.
| Thinking Hats Entertainment Solutions Limited Financial Information (Restated)Thinking Hats Entertainment Solutions Limited's revenue increased by 20% and profit after tax (PAT) rose by 54% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 78.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.98 | 12.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹117.94 Cr. | ₹54.94 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.76% | 28.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.60% | 29.37% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 0.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.32 | ₹3.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.14% | 28.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Forge Auto International IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in Thinking Hats Entertainment IPO retail investors are offered 9,57,600 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Forge Auto International IPO and 3,24,000 shares in Thinking Hats Entertainment IPO.
| Forge Auto International IPO | Thinking Hats Entertainment IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,18,400 shares | |
| Market Maker Reserveration | 1,46,400 shares | 1,80,000 shares |
| QIB | 5,47,200 shares | 3,24,000 shares |
| NII | 4,10,400 shares | 8,76,000 shares |
| RII | 9,57,600 shares | 20,49,000 shares |
| Employee | ||
| Others | ||
| Total | 27,33,600 shares | 32,49,000 shares |
Forge Auto International IPO subscribed 49.28x in total, whereas Thinking Hats Entertainment IPO subscribed 322.19x.
| Forge Auto International IPO | Thinking Hats Entertainment IPO | |
|---|---|---|
| QIB (times) | 20.13x | 67.67x |
| NII (times) | 58.55x | 356.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.95x | 347.64x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 49.28x | 322.19x |
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