Foce India IPO vs Suyog Gurbaxani Funicular Ropeways IPO

Comparision between Foce India IPO and Suyog Gurbaxani Funicular Ropeways IPO.

IPO Details

Foce India IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Suyog Gurbaxani Funicular Ropeways IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Foce India IPO	Suyog Gurbaxani Funicular Ropeways IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Mark Corporate Advisors Private Limited	Aryaman Financial Services Limited
Registrar	Purva Sharegistry India Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Foce India IPO is up to ₹29.03 Cr whereas the issue size of the Suyog Gurbaxani Funicular Ropeways IPO is up to ₹29.50 Cr. The final issue price of Foce India IPO is ₹225.00 per share and of Suyog Gurbaxani Funicular Ropeways IPO is ₹45.00 per share.

	Foce India IPO	Suyog Gurbaxani Funicular Ropeways IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹225.00 per share	₹45.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	3000 shares
Fresh Issue Size	9,00,000 shares	15,00,000 shares
Fresh Issue Size (Amount)	up to ₹20.25 Cr	up to ₹6.75 Cr
OFS Issue Size	3,90,000 shares	50,55,000 shares
OFS Issue Size (Amount)	up to ₹8.78 Cr	up to ₹22.75 Cr
Issue Size Total	12,90,000 shares	65,55,000 shares
Issue Size Total (Amount)	up to ₹29.03 Cr	up to ₹29.50 Cr

IPO Timetable

Foce India IPO opens on Dec 13, 2021, while Suyog Gurbaxani Funicular Ropeways IPO opens on Nov 01, 2021. The closing date of Foce India IPO and Suyog Gurbaxani Funicular Ropeways IPO is Dec 17, 2021, and Nov 08, 2021, respectively.

	Foce India IPO	Suyog Gurbaxani Funicular Ropeways IPO
Anchor Bid Date
Issue Open	Dec 13, 2021	Nov 01, 2021
Issue Close	Dec 17, 2021	Nov 08, 2021
Basis Of Allotment (Tentative)	Dec 21, 2021	Nov 11, 2021
Initiation of Refunds (Tentative)	Dec 22, 2021	Nov 12, 2021
Credit of Share (Tentative)	Dec 23, 2021	Nov 15, 2021
Listing date (Tentative)	Dec 28, 2021	Nov 16, 2021
Anchor Lockin End date 1	Jan 20, 2022	Dec 11, 2021
Anchor Lockin End date 2	Mar 21, 2022	Feb 09, 2022

Financials

Foce India IPO P/E ratio is , as compared to Suyog Gurbaxani Funicular Ropeways IPO P/E ratio of .

Foce India IPO

Suyog Gurbaxani Funicular Ropeways IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	387.13	374.85	111.81	140.48
Total Revenue	361.66	768.98	544.44	620.81
Profit After Tax	15.22	19.89	16.07	15.84

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	843.12	861.96	887.12	941.05
Total Revenue	0.01	44.77	131.92	79.06
Profit After Tax	(23.22)	(79.34)	(18.81)	(34.84)

Promoter Shareholding (Pre-Issue)

99.99%

90.57%

Promoter Shareholding (Post-Issue)

73.63%

64.78%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Foce India IPO retail investors (RII) are offered 6,12,600 shares while in Suyog Gurbaxani Funicular Ropeways IPO retail investors are offered 6,12,600 shares. Qualified institutional buyers (QIB) are offered in Foce India IPO and in Suyog Gurbaxani Funicular Ropeways IPO.

	Foce India IPO	Suyog Gurbaxani Funicular Ropeways IPO
Anchor Investor Reserveration
Market Maker Reserveration	64,800 shares	3,33,000 shares
QIB
NII	6,12,600 shares	31,11,000 shares
RII	6,12,600 shares	31,11,000 shares
Employee
Others
Total	12,25,200 shares	62,22,000 shares

Bids Received (Subscription)

Foce India IPO subscribed 1.57x in total, whereas Suyog Gurbaxani Funicular Ropeways IPO subscribed 1.27x.

	Foce India IPO	Suyog Gurbaxani Funicular Ropeways IPO
QIB (times)
NII (times)	1.29x	1.98x
Big NII (times)
Small NII (times)
RII (times)	1.84x	0.56x
Employee (times)
Other (times)
Total (times)	1.57x	1.27x

Compare with others

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Omnipotent Industries IPO	CWD Limited IPO
Suyog Gurbaxani Funicular Ropeways IPO	Adishakti Loha and Ispat IPO

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