Emmforce Autotech IPO vs Finelistings Technologies IPO

Comparision between Emmforce Autotech IPO and Finelistings Technologies IPO.

IPO Details

Emmforce Autotech IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Finelistings Technologies IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Emmforce Autotech IPO	Finelistings Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Spread X Securities Private Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Emmforce Autotech IPO is up to ₹53.90 Cr whereas the issue size of the Finelistings Technologies IPO is up to ₹13.53 Cr. The final issue price of Emmforce Autotech IPO is ₹98.00 per share and of Finelistings Technologies IPO is ₹123.00 per share.

	Emmforce Autotech IPO	Finelistings Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹93.00 per share
Issue Price (Upper)	₹98.00 per share
Issue Price (Final)	₹98.00 per share	₹123.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	54,99,600 shares	11,00,000 shares
Fresh Issue Size (Amount)	up to ₹53.90 Cr	up to ₹13.53 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	54,99,600 shares	11,00,000 shares
Issue Size Total (Amount)	up to ₹53.90 Cr	up to ₹13.53 Cr

IPO Timetable

Emmforce Autotech IPO opens on Apr 23, 2024, while Finelistings Technologies IPO opens on May 07, 2024. The closing date of Emmforce Autotech IPO and Finelistings Technologies IPO is Apr 25, 2024, and May 09, 2024, respectively.

	Emmforce Autotech IPO	Finelistings Technologies IPO
Anchor Bid Date	Apr 22, 2024
Issue Open	Apr 23, 2024	May 07, 2024
Issue Close	Apr 25, 2024	May 09, 2024
Basis Of Allotment (Tentative)	Apr 26, 2024	May 10, 2024
Initiation of Refunds (Tentative)	Apr 29, 2024	May 13, 2024
Credit of Share (Tentative)	Apr 29, 2024	May 13, 2024
Listing date (Tentative)	Apr 30, 2024	May 14, 2024
Anchor Lockin End date 1	May 26, 2024
Anchor Lockin End date 2	Jul 25, 2024

Financials

Emmforce Autotech IPO P/E ratio is 33.5, as compared to Finelistings Technologies IPO P/E ratio of 17.44.

Emmforce Autotech IPO

Finelistings Technologies IPO

Financial

Emmforce Autotech Limited Financial Information (Restated)

Emmforce Autotech Limited's revenue decreased by -31.7% and profit after tax (PAT) dropped by -40.1% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,597.13	4,895.40	5,257.36	3,384.41
Revenue	4,790.31	4,875.32	7,138.13	5,185.32
Profit After Tax	511.78	438.85	732.58	508.91
Net Worth	1,500.00	2,344.95	2,129.09	1,524.82
Reserves and Surplus	43.72
Total Borrowing	2,404.25	1,535.43	1,651.09	501.70
Amount in ₹ Lakhs

Finelistings Technologies Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	968.92	1,015.99	154.33	59.69
Revenue	1,359.97	1,390.62	694.32	146.43
Profit After Tax	276.99	178.92	-8.33	-17.26
Net Worth	618.96	351.83	47.91	56.24
Reserves and Surplus	375.20	98.21	46.79	55.12
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

71.65%

Promoter Shareholding (Post-Issue)

73.17%

49.98%

P/E Ratio

33.5

17.44

Market Cap

₹200.90 Cr.

₹44.73 Cr.

ROE

43.16%%

ROCE

21.73%%

Debt/Equity

EPS

₹2.93

₹7.05

RoNW

2.83%

44.05%%

Shares Offered

In the Emmforce Autotech IPO retail investors (RII) are offered 18,28,800 shares while in Finelistings Technologies IPO retail investors are offered 18,28,800 shares. Qualified institutional buyers (QIB) are offered 10,45,200 shares in Emmforce Autotech IPO and 0 shares in Finelistings Technologies IPO.

	Emmforce Autotech IPO	Finelistings Technologies IPO
Anchor Investor Reserveration	15,66,000 shares
Market Maker Reserveration	2,76,000 shares	58,000 shares
QIB	10,45,200 shares	0 shares
NII	7,83,600 shares	5,21,000 shares
RII	18,28,800 shares	5,21,000 shares
Employee	0 shares	0 shares
Others
Total	36,57,600 shares	10,42,000 shares

Bids Received (Subscription)

Emmforce Autotech IPO subscribed 364.37x in total, whereas Finelistings Technologies IPO subscribed 37.44x.

	Emmforce Autotech IPO	Finelistings Technologies IPO
QIB (times)	160.58x
NII (times)	861.98x	29.85x
Big NII (times)
Small NII (times)
RII (times)	267.62x	38.96x
Employee (times)
Other (times)
Total (times)	364.37x	37.44x

Compare with others

Emmforce Autotech IPO	Finelistings Technologies IPO
Mandeep Auto Industries IPO	Varyaa Creations IPO
ABS Marine Services IPO	Faalcon Concepts IPO
Shivam Chemicals IPO	Emmforce Autotech IPO
Varyaa Creations IPO	Birdy's IPO
Faalcon Concepts IPO	Greenhitech Ventures IPO
Birdy's IPO	Ramdevbaba Solvent IPO
Greenhitech Ventures IPO	Teerth Gopicon IPO
Finelistings Technologies IPO	DCG Cables & Wires IPO
Ramdevbaba Solvent IPO	Creative Graphics Solutions India IPO
Teerth Gopicon IPO	K2 Infragen IPO

Comments

Add a public comment...