Comparison between Maiden Forgings IPO and VELS Film International IPO.
Maiden Forgings IPO is a SME Fixed Price IPO proposed to list at BSE SME while VELS Film International IPO is a SME Fixed Price proposed to list at NSE SME.
| Maiden Forgings IPO | VELS Film International IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Khambatta Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Share India Securities Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Maiden Forgings IPO is up to ₹22.64 Cr whereas the issue size of the VELS Film International IPO is up to ₹32.03 Cr. The final issue price of Maiden Forgings IPO is ₹63.00 per share and of VELS Film International IPO is ₹99.00 per share.
| Maiden Forgings IPO | VELS Film International IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | |
| Issue Price (Upper) | ₹63.00 per share | |
| Issue Price (Final) | ₹63.00 per share | ₹99.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 35,94,000 shares | 32,35,200 shares |
| Fresh Issue Size (Amount) | up to ₹22.64 Cr | up to ₹32.03 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 | 35,94,000 shares | 32,35,200 shares |
| Issue Size Total (Amount) | up to ₹22.64 Cr | up to ₹32.03 Cr |
Maiden Forgings IPO opens on Mar 23, 2023, while VELS Film International IPO opens on Mar 10, 2023. The closing date of Maiden Forgings IPO and VELS Film International IPO is Mar 27, 2023, and Mar 14, 2023, respectively.
| Maiden Forgings IPO | VELS Film International IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 23, 2023 | Mar 10, 2023 |
| Issue Close | Mar 27, 2023 | Mar 14, 2023 |
| Basis Of Allotment (Tentative) | Mar 31, 2023 | Mar 17, 2023 |
| Initiation of Refunds (Tentative) | Apr 03, 2023 | Mar 20, 2023 |
| Credit of Share (Tentative) | Apr 05, 2023 | Mar 21, 2023 |
| Listing date (Tentative) | Apr 06, 2023 | Mar 22, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Maiden Forgings IPO P/E ratio is 8.38, as compared to VELS Film International IPO P/E ratio of 58.58.
| Maiden Forgings IPO | VELS Film International IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.38 | 58.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹89.54 Cr. | ₹127.79 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 6.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.10 | ₹3.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 6.87 | 23.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Maiden Forgings IPO Retail Individual Investors (RII) are offered 22,64,000 shares while in VELS Film International IPO retail investors are offered 22,64,000 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in Maiden Forgings IPO and in VELS Film International IPO.
| Maiden Forgings IPO | VELS Film International IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,90,000 shares | 1,72,800 shares |
| QIB | 3,60,000 shares | |
| NII | 9,70,000 shares | 16,17,600 shares |
| RII | 22,64,000 shares | 16,17,600 shares |
| Employee | ||
| Others | ||
| Total | 35,94,000 shares | 32,35,200 shares |
Maiden Forgings IPO subscribed 1.20x in total, whereas VELS Film International IPO subscribed 1.10x.
| Maiden Forgings IPO | VELS Film International IPO | |
|---|---|---|
| QIB (times) | 1.00x | |
| NII (times) | 1.42x | 1.22x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.12x | 0.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.20x | 1.10x |
