Afcom Holdings IPO vs Brace Port Logistics IPO

Comparision between Afcom Holdings IPO and Brace Port Logistics IPO.

IPO Details

Afcom Holdings IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Brace Port Logistics IPO is a SME Book Built Issue proposed to list at NSE SME.

	Afcom Holdings IPO	Brace Port Logistics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Holani Consultants Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Holani Consultants Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Afcom Holdings IPO is up to ₹73.83 Cr whereas the issue size of the Brace Port Logistics IPO is up to ₹24.41 Cr. The final issue price of Afcom Holdings IPO is ₹108.00 per share and of Brace Port Logistics IPO is ₹80.00 per share.

	Afcom Holdings IPO	Brace Port Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share	₹76.00 per share
Issue Price (Upper)	₹108.00 per share	₹80.00 per share
Issue Price (Final)	₹108.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	68,36,400 shares	30,51,200 shares
Fresh Issue Size (Amount)	up to ₹73.83 Cr	up to ₹24.41 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	68,36,400 shares	30,51,200 shares
Issue Size Total (Amount)	up to ₹73.83 Cr	up to ₹24.41 Cr

IPO Timetable

Afcom Holdings IPO opens on Aug 02, 2024, while Brace Port Logistics IPO opens on Aug 19, 2024. The closing date of Afcom Holdings IPO and Brace Port Logistics IPO is Aug 06, 2024, and Aug 21, 2024, respectively.

	Afcom Holdings IPO	Brace Port Logistics IPO
Anchor Bid Date	Jul 01, 2024	Aug 16, 2024
Issue Open	Aug 02, 2024	Aug 19, 2024
Issue Close	Aug 06, 2024	Aug 21, 2024
Basis Of Allotment (Tentative)	Aug 07, 2024	Aug 22, 2024
Initiation of Refunds (Tentative)	Aug 08, 2024	Aug 23, 2024
Credit of Share (Tentative)	Aug 08, 2024	Aug 23, 2024
Listing date (Tentative)	Aug 09, 2024	Aug 26, 2024
Anchor Lockin End date 1	Sep 06, 2024	Sep 21, 2024
Anchor Lockin End date 2	Nov 05, 2024	Nov 20, 2024

Financials

Afcom Holdings IPO P/E ratio is 14.33, as compared to Brace Port Logistics IPO P/E ratio of 13.49.

Afcom Holdings IPO

Brace Port Logistics IPO

Financial

Afcom Holdings Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	12,929.75	8,285.40	2,514.51	899.92
Revenue	13,416.38	8,490.12	4,866.97	1,388.72
Profit After Tax	2,310.37	1,358.62	514.80	-420.31
Net Worth	10,087.71	7,330.56	2,181.65	-337.19
Reserves and Surplus	8,285.58	5,570.19	1,931.78	-549.95
Total Borrowing	1,547.50	47.60	3.83	1,471.32
Amount in ₹ Lakhs

Brace Port Logistics Limited Financial Information (Restated Standalone)

Brace Port Logistics Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,783.29	1,310.78	1,179.14	409.61
Revenue	5,524.59	7,093.66	5,419.57	706.25
Profit After Tax	489.13	618.09	322.39	22.57
Net Worth	1,377.18	888.05	419.96	97.57
Reserves and Surplus	552.18	813.05	344.96	22.57
Total Borrowing	48.97	59.1		65.62
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

58.94%

96.04%

Promoter Shareholding (Post-Issue)

P/E Ratio

14.33

13.49

Market Cap

₹268.46 Cr.

₹90.41 Cr.

ROE

26.53%%

43.19%%

ROCE

28.30%%

47.05%%

Debt/Equity

0.15

0.04

EPS

₹7.54

₹5.93

RoNW

22.90%%

35.52%%

Shares Offered

In the Afcom Holdings IPO retail investors (RII) are offered 22,75,200 shares while in Brace Port Logistics IPO retail investors are offered 22,75,200 shares. Qualified institutional buyers (QIB) are offered 13,38,000 shares in Afcom Holdings IPO and 3,58,400 shares in Brace Port Logistics IPO.

	Afcom Holdings IPO	Brace Port Logistics IPO
Anchor Investor Reserveration	18,96,000 shares	5,37,600 shares
Market Maker Reserveration	3,54,000 shares	1,55,200 shares
QIB	13,38,000 shares	3,58,400 shares
NII	9,73,200 shares	8,00,000 shares
RII	22,75,200 shares	12,00,000 shares
Employee	0 shares	0 shares
Others
Total	45,86,400 shares	23,58,400 shares

Bids Received (Subscription)

Afcom Holdings IPO subscribed 303.03x in total, whereas Brace Port Logistics IPO subscribed 657.81x.

	Afcom Holdings IPO	Brace Port Logistics IPO
QIB (times)	186.23x	450.04x
NII (times)	697.88x	854.49x
Big NII (times)
Small NII (times)
RII (times)	202.83x	588.74x
Employee (times)
Other (times)
Total (times)	303.03x	657.81x

Compare with others

Afcom Holdings IPO	Brace Port Logistics IPO
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Dhariwalcorp IPO	Sunlite Recycling Industries IPO
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Kizi Apparels IPO	Aesthetik Engineers IPO
Ashapura Logistics IPO	Picture Post Studios IPO
Rajputana Industries IPO	Afcom Holdings IPO

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