Comparison between Forge Auto International IPO and Unilex Colours IPO.
Forge Auto International IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Unilex Colours IPO is a SME Bookbuilding proposed to list at NSE SME.
| Forge Auto International IPO | Unilex Colours 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. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | 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 Unilex Colours IPO is up to ₹29.65 Cr. The final issue price of Forge Auto International IPO is ₹108.00 per share and of Unilex Colours IPO is ₹87.00 per share.
| Forge Auto International IPO | Unilex Colours IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹102.00 per share | ₹82.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹87.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹87.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 27,33,600 shares | 34,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.52 Cr | up to ₹29.65 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 | 34,08,000 shares |
| Issue Size Total (Amount) | up to ₹29.52 Cr | up to ₹29.65 Cr |
Forge Auto International IPO opens on Sep 26, 2024, while Unilex Colours IPO opens on Sep 25, 2024. The closing date of Forge Auto International IPO and Unilex Colours IPO is Sep 30, 2024, and Sep 27, 2024, respectively.
| Forge Auto International IPO | Unilex Colours IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2024 | Sep 24, 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 | Oct 30, 2024 |
| Anchor Lockin End date 2 | Dec 30, 2024 | Dec 29, 2024 |
Forge Auto International IPO P/E ratio is 12.98, as compared to Unilex Colours IPO P/E ratio of 14.13.
| Forge Auto International IPO | Unilex Colours 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.
| Unilex Colours and Chemicals Limited Financial Information (Restated Consolidated)Unilex Colours and Chemicals Limited's revenue increased by 3% and profit after tax (PAT) rose by 24% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.63 | 73.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.98 | 14.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹117.94 Cr. | ₹118.47 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.76% | 17.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.60% | 6.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.94 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.32 | ₹6.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.14% | 16.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Forge Auto International IPO Retail Individual Investors (RII) are offered 9,57,600 shares while in Unilex Colours 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 6,81,600 shares in Unilex Colours IPO.
| Forge Auto International IPO | Unilex Colours IPO | |
|---|---|---|
| Anchor Investor Reserveration | 8,18,400 shares | 10,20,800 shares |
| Market Maker Reserveration | 1,46,400 shares | 1,92,000 shares |
| QIB | 5,47,200 shares | 6,81,600 shares |
| NII | 4,10,400 shares | 5,12,000 shares |
| RII | 9,57,600 shares | 11,93,600 shares |
| Employee | ||
| Others | ||
| Total | 27,33,600 shares | 34,08,000 shares |
Forge Auto International IPO subscribed 49.28x in total, whereas Unilex Colours IPO subscribed 35.03x.
| Forge Auto International IPO | Unilex Colours IPO | |
|---|---|---|
| QIB (times) | 20.13x | 15.58x |
| NII (times) | 58.55x | 60.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 61.95x | 35.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 49.28x | 35.03x |
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