AMIC Forging IPO vs Graphisads IPO

Comparision between AMIC Forging IPO and Graphisads IPO.

IPO Details

AMIC Forging IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Graphisads IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	AMIC Forging IPO	Graphisads IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Gretex Share Broking 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 AMIC Forging IPO is up to ₹34.80 Cr whereas the issue size of the Graphisads IPO is up to ₹53.41 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of Graphisads IPO is ₹111.00 per share.

	AMIC Forging IPO	Graphisads IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share
Issue Price (Upper)	₹126.00 per share
Issue Price (Final)	₹126.00 per share	₹111.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	27,62,000 shares	48,12,000 shares
Fresh Issue Size (Amount)	up to ₹34.80 Cr	up to ₹53.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,62,000 shares	48,12,000 shares
Issue Size Total (Amount)	up to ₹34.80 Cr	up to ₹53.41 Cr

IPO Timetable

AMIC Forging IPO opens on Nov 29, 2023, while Graphisads IPO opens on Nov 30, 2023. The closing date of AMIC Forging IPO and Graphisads IPO is Dec 01, 2023, and Dec 05, 2023, respectively.

	AMIC Forging IPO	Graphisads IPO
Anchor Bid Date	Nov 28, 2023
Issue Open	Nov 29, 2023	Nov 30, 2023
Issue Close	Dec 01, 2023	Dec 05, 2023
Basis Of Allotment (Tentative)	Dec 04, 2023	Dec 08, 2023
Initiation of Refunds (Tentative)	Dec 05, 2023	Dec 11, 2023
Credit of Share (Tentative)	Dec 05, 2023	Dec 12, 2023
Listing date (Tentative)	Dec 06, 2023	Dec 13, 2023
Anchor Lockin End date 1	Jan 03, 2024	Jan 07, 2024
Anchor Lockin End date 2	Mar 03, 2024	Mar 07, 2024

Financials

AMIC Forging IPO P/E ratio is 1.01, as compared to Graphisads IPO P/E ratio of 26.88.

AMIC Forging IPO

Graphisads IPO

Financial

AMIC Forging Limited Financial Information (Restated Consolidated)

AMIC Forging Limited's revenue increased by 63.65% and profit after tax (PAT) rose by 1031.78% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,367.84	6,107.99	3,163.87	1,622.07
Revenue	2,979.32	11,683.01	7,138.82	2,643.37
Profit After Tax	359.94	980.01	86.59	56.27
Net Worth	2,338.43	1,983.75	767.28	680.69
Reserves and Surplus	2,252.58	1,897.90	696.21	609.62
Total Borrowing	287.37	385.17	1,071.32	436.50
Amount in ₹ Lakhs

Graphisads Limited Financial Information (Restated Consolidated)

Graphisads Limited's revenue increased by 10.39% and profit after tax (PAT) dropped by -0.28% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	11,626.82	11,037.07	10,126.28	9,408.04
Revenue	2,602.48	9,904.81	8,972.49	4,755.63
Profit After Tax	206.45	556.62	558.19	55.84
Net Worth	4,492.76	4,286.31	3,914.20	3,360.95
Reserves and Surplus	3,146.31	2,939.86	3,721.85	3,168.60
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

78.38%

99.99%

Promoter Shareholding (Post-Issue)

57.74%

73.66%

P/E Ratio

1.01

26.88

Market Cap

₹132.15 Cr.

₹202.87 Cr.

ROE

71.25%%

12.99%%

ROCE

55.78%%

14.69 %%

Debt/Equity

0.26

EPS

₹12.83

₹4.13

RoNW

49.40%%

12.99%%

Shares Offered

In the AMIC Forging IPO retail investors (RII) are offered 9,19,000 shares while in Graphisads IPO retail investors are offered 9,19,000 shares. Qualified institutional buyers (QIB) are offered 5,24,000 shares in AMIC Forging IPO and 0 shares in Graphisads IPO.

	AMIC Forging IPO	Graphisads IPO
Anchor Investor Reserveration	7,86,000 shares
Market Maker Reserveration	1,39,000 shares	2,42,400 shares
QIB	5,24,000 shares	0 shares
NII	3,94,000 shares	22,84,800 shares
RII	9,19,000 shares	22,84,800 shares
Employee	0 shares	0 shares
Others
Total	18,37,000 shares	45,69,600 shares

Bids Received (Subscription)

AMIC Forging IPO subscribed 289.05x in total, whereas Graphisads IPO subscribed 3.86x.

	AMIC Forging IPO	Graphisads IPO
QIB (times)	91.43x
NII (times)	589.27x	2.01x
Big NII (times)
Small NII (times)
RII (times)	273.01x	5.52x
Employee (times)
Other (times)
Total (times)	289.05x	3.86x

Compare with others

AMIC Forging IPO	Graphisads IPO
S J Logistics IPO	Presstonic Engineering IPO
Accent Microcell IPO	S J Logistics IPO
Marinetrans India IPO	Accent Microcell IPO
Shanti Spintex IPO	Marinetrans India IPO
Graphisads IPO	Shanti Spintex IPO
Net Avenue Technologies IPO	AMIC Forging IPO
Deepak Chemtex IPO	Net Avenue Technologies IPO
Swashthik Plascon IPO	Deepak Chemtex IPO
Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
Arrowhead Seperation Engineering IPO	Rockingdeals Circular Economy IPO

Comments

Add a public comment...