Exhicon Events IPO vs Maiden Forgings IPO

Comparision between Exhicon Events IPO and Maiden Forgings IPO.

IPO Details

Exhicon Events IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Maiden Forgings IPO is a SME Book Built Issue proposed to list at BSE SME.

	Exhicon Events IPO	Maiden Forgings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Share India Capital Services Private Limited	Share India Capital Services Private Limited
Registrar	Link Intime India Private Ltd	Maashitla Securities Private Limited
Market Maker	Share India Securities Limited	Share India Securities Limited
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 Exhicon Events IPO is up to ₹21.12 Cr whereas the issue size of the Maiden Forgings IPO is up to ₹23.84 Cr. The final issue price of Exhicon Events IPO is ₹64.00 per share and of Maiden Forgings IPO is ₹63.00 per share.

	Exhicon Events IPO	Maiden Forgings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹61.00 per share	₹60.00 per share
Issue Price (Upper)	₹64.00 per share	₹63.00 per share
Issue Price (Final)	₹64.00 per share	₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	33,00,000 shares	37,84,000 shares
Fresh Issue Size (Amount)	up to ₹21.12 Cr	up to ₹23.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	33,00,000 shares	37,84,000 shares
Issue Size Total (Amount)	up to ₹21.12 Cr	up to ₹23.84 Cr

IPO Timetable

Exhicon Events IPO opens on Mar 31, 2023, while Maiden Forgings IPO opens on Mar 23, 2023. The closing date of Exhicon Events IPO and Maiden Forgings IPO is Apr 05, 2023, and Mar 27, 2023, respectively.

	Exhicon Events IPO	Maiden Forgings IPO
Anchor Bid Date	Mar 29, 2023	Mar 22, 2023
Issue Open	Mar 31, 2023	Mar 23, 2023
Issue Close	Apr 05, 2023	Mar 27, 2023
Basis Of Allotment (Tentative)	Apr 11, 2023	Mar 31, 2023
Initiation of Refunds (Tentative)	Apr 12, 2023	Apr 03, 2023
Credit of Share (Tentative)	Apr 13, 2023	Apr 05, 2023
Listing date (Tentative)	Apr 17, 2023	Apr 06, 2023
Anchor Lockin End date 1	May 11, 2023	Apr 30, 2023
Anchor Lockin End date 2	Jul 10, 2023	Jun 29, 2023

Financials

Exhicon Events IPO P/E ratio is 8.08, as compared to Maiden Forgings IPO P/E ratio of 8.38.

Exhicon Events IPO

Maiden Forgings IPO

Financial

Exhicon Events Media Solutions Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	788.06	949.12	11.73	31.67	30.67	164.19
31-Mar-22	1,747.60	4,651.08	428.38	460.08	459.08	105.98
30-Sep-22	2,168.42	2,931.08	470.37	930.45	929.45	139.03
Amount in ₹ Lakhs

Maiden Forgings Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	9,890.05	20,440.37	165.95	2,136.92	1,672.02	5,788.13
31-Mar-21	10,484.25	19,937.49	168.94	2,899.11	2,377.71	5,428.93
31-Mar-22	11,014.23	21,083.72	213.94	3,113.05	2,591.65	6,170.75
31-Dec-22	12,595.69	16,381.04	801.51	3,914.56	2,871.76	6,525.17
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

86.20%

100%

Promoter Shareholding (Post-Issue)

62.25%

73.37%

P/E Ratio

8.08

8.38

Market Cap

₹76.00 Cr.

₹89.54 Cr.

ROE

67.65%%

ROCE

144.58%%

Debt/Equity

EPS

RoNW

Shares Offered

In the Exhicon Events IPO retail investors (RII) are offered 10,40,000 shares while in Maiden Forgings IPO retail investors are offered 10,40,000 shares. Qualified institutional buyers (QIB) are offered 14,84,000 shares in Exhicon Events IPO and 3,60,000 shares in Maiden Forgings IPO.

	Exhicon Events IPO	Maiden Forgings IPO
Anchor Investor Reserveration
Market Maker Reserveration	3,30,000 shares	1,90,000 shares
QIB	14,84,000 shares	3,60,000 shares
NII	7,76,000 shares	9,70,000 shares
RII	10,40,000 shares	22,64,000 shares
Employee	0 shares	0 shares
Others
Total	33,00,000 shares	37,84,000 shares

Bids Received (Subscription)

Exhicon Events IPO subscribed 1.95x in total, whereas Maiden Forgings IPO subscribed 1.20x.

	Exhicon Events IPO	Maiden Forgings IPO
QIB (times)	1.00x	1.00x
NII (times)	3.28x	1.42x
Big NII (times)
Small NII (times)
RII (times)	2.31x	1.12x
Employee (times)
Other (times)
Total (times)	1.95x	1.20x

Compare with others

Exhicon Events IPO	Maiden Forgings IPO
Quicktouch Technologies IPO	Sancode Technologies IPO
Retina Paints IPO	Exhicon Events IPO
A G Universal IPO	Sotac Pharmaceuticals IPO
Pattech Fitwell Tube Components IPO	MOS Utility IPO
Sancode Technologies IPO	Infinium Pharmachem IPO
Sotac Pharmaceuticals IPO	Command Polymers IPO
MOS Utility IPO	Dev Labtech Venture IPO
Infinium Pharmachem IPO	Nirman Agri Genetics IPO
Maiden Forgings IPO	Labelkraft Technologies IPO
Command Polymers IPO	VELS Film International IPO

Comments

Add a public comment...