Comparison between Advance Technoforge IPO and Savy Infra IPO.
Advance Technoforge IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Savy Infra IPO is a SME Bookbuilding proposed to list at NSE SME.
| Advance Technoforge IPO | Savy Infra IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Sun Capital Advisory Services Pvt.Ltd. | Unistone Capital Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | JSK Securities & Services Pvt.Ltd. | Globalworth Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Advance Technoforge IPO is up to ₹22.80 Cr whereas the issue size of the Savy Infra IPO is up to ₹66.47 Cr. The final issue price of Advance Technoforge IPO is ₹95.00 per share and of Savy Infra IPO is ₹120.00 per share.
| Advance Technoforge IPO | Savy Infra IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | |
| Issue Price (Upper) | ₹120.00 per share | |
| Issue Price (Final) | ₹95.00 per share | ₹120.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 24,00,000 shares | 55,39,200 shares |
| Fresh Issue Size (Amount) | up to ₹22.80 Cr | up to ₹66.47 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 | 24,00,000 shares | 55,39,200 shares |
| Issue Size Total (Amount) | up to ₹22.80 Cr | up to ₹66.47 Cr |
Advance Technoforge IPO opens on Jul 27, 2026, while Savy Infra IPO opens on Jul 21, 2025. The closing date of Advance Technoforge IPO and Savy Infra IPO is Jul 29, 2026, and Jul 23, 2025, respectively.
| Advance Technoforge IPO | Savy Infra IPO | |
|---|---|---|
| Anchor Bid Date | Jul 18, 2025 | |
| Issue Open | Jul 27, 2026 | Jul 21, 2025 |
| Issue Close | Jul 29, 2026 | Jul 23, 2025 |
| Basis Of Allotment (Tentative) | Jul 30, 2026 | Jul 24, 2025 |
| Initiation of Refunds (Tentative) | Jul 31, 2026 | Jul 25, 2025 |
| Credit of Share (Tentative) | Jul 31, 2026 | Jul 25, 2025 |
| Listing date (Tentative) | Aug 03, 2026 | Jul 28, 2025 |
| Anchor Lockin End date 1 | Aug 23, 2025 | |
| Anchor Lockin End date 2 | Oct 22, 2025 |
Advance Technoforge IPO P/E ratio is 15.22, as compared to Savy Infra IPO P/E ratio of 7.53.
| Advance Technoforge IPO | Savy Infra IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Advance Technoforge Ltd.'s revenue decreased by 1% and profit after tax (PAT) rose by 51% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100% | 85.87% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.99% | 61.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.22 | 7.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.78 Cr. | ₹249.70 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.33 | 76.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.52 | 36.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.29 | 0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.24 | ₹15.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.33 | 45.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Advance Technoforge IPO Retail Individual Investors (RII) are offered 12,00,000 shares while in Savy Infra IPO retail investors are offered 12,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Advance Technoforge IPO and 11,07,600 shares in Savy Infra IPO.
| Advance Technoforge IPO | Savy Infra IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 16,60,800 shares |
| Market Maker Reservation | 1,29,600 shares | 2,92,800 shares |
| QIB | 0 shares | 11,07,600 shares |
| NII | 12,00,000 shares | 8,31,600 shares |
| RII | 12,00,000 shares | 19,39,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 24,00,000 shares | 55,39,200 shares |
Advance Technoforge IPO subscribed in total, whereas Savy Infra IPO subscribed 80.17x.
| Advance Technoforge IPO | Savy Infra IPO | |
|---|---|---|
| QIB (times) | 93.02x | |
| NII (times) | 196.44x | |
| Big NII (times) | 0.00x | |
| Small NII (times) | 0.00x | |
| RII (times) | 91.62x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 80.17x |
