FREE Account Opening + No Clearing Fees
Loading...

Precision Metaliks IPO vs Safa Systems IPO

Comparision between Precision Metaliks IPO and Safa Systems IPO.

IPO Details

Precision Metaliks IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Safa Systems IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Precision Metaliks IPO Safa Systems IPO
Logo Precision Metaliks IPO Logo Safa Systems 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 First Overseas Capital Limited Finshore Management Services Limited
Registrar Bigshare Services Pvt Ltd Cameo Corporate Services 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 Precision Metaliks IPO is up to ₹21.93 Cr whereas the issue size of the Safa Systems IPO is up to ₹4.00 Cr. The final issue price of Precision Metaliks IPO is ₹51.00 per share and of Safa Systems IPO is ₹10.00 per share.

  Precision Metaliks IPO Safa Systems IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹51.00 per share ₹10.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 2000 shares 10000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total 43,00,000 shares 40,00,000 shares
Issue Size Total (Amount) up to ₹21.93 Cr up to ₹4.00 Cr

IPO Timetable

Precision Metaliks IPO opens on Jan 19, 2022, while Safa Systems IPO opens on Jan 28, 2022. The closing date of Precision Metaliks IPO and Safa Systems IPO is Jan 24, 2022, and Feb 01, 2022, respectively.

  Precision Metaliks IPO Safa Systems IPO
Anchor Bid Date
Issue Open Jan 19, 2022 Jan 28, 2022
Issue Close Jan 24, 2022 Feb 01, 2022
Basis Of Allotment (Tentative) Jan 28, 2022 Feb 04, 2022
Initiation of Refunds (Tentative) Jan 31, 2022 Feb 07, 2022
Credit of Share (Tentative) Feb 01, 2022 Feb 08, 2022
Listing date (Tentative) Feb 01, 2022 Feb 09, 2022
Anchor Lockin End date 1 Feb 27, 2022 Mar 06, 2022
Anchor Lockin End date 2 Apr 28, 2022 May 05, 2022

Financials

Precision Metaliks IPO P/E ratio is 19.32, as compared to Safa Systems IPO P/E ratio of 29.41.

  Precision Metaliks IPO Safa Systems IPO
Financial
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,022.96 2,147.71 1,367.27 302.59
Total Revenue 4,813.35 4,924.13 2,217.96 5.28
Profit After Tax 214.57 149.35 82.39 0.46
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  7-Oct-21 31-Mar-21 31-Mar-20
Total Assets 446.81 489.28 402.67
Total Revenue 1,451.92 2,086.60 2,552.25
Profit After Tax 2.73 2.93 3.12
Promoter Shareholding (Pre-Issue) 79.70% 100%
Promoter Shareholding (Post-Issue) 58.62% 73.47%
P/E Ratio 19.32 29.41
Market Cap ₹82.92 Cr. ₹15.08 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Precision Metaliks IPO retail investors (RII) are offered 20,42,000 shares while in Safa Systems IPO retail investors are offered 20,42,000 shares. Qualified institutional buyers (QIB) are offered in Precision Metaliks IPO and in Safa Systems IPO.

  Precision Metaliks IPO Safa Systems IPO
Anchor Investor Reserveration
Market Maker Reserveration 2,16,000 shares 2,00,000 shares
QIB
NII 20,42,000 shares 19,00,000 shares
RII 20,42,000 shares 19,00,000 shares
Employee
Others
Total 40,84,000 shares 38,00,000 shares

Bids Received (Subscription)

Precision Metaliks IPO subscribed 7.36x in total, whereas Safa Systems IPO subscribed 52.71x.

  Precision Metaliks IPO Safa Systems IPO
QIB (times)
NII (times) 2.81x 64.61x
Big NII (times)
Small NII (times)
RII (times) 11.90x 40.81x
Employee (times)
Other (times)
Total (times) 7.36x 52.71x

Comments

Add a public comment...