AMIC Forging IPO vs S J Logistics IPO

Comparision between AMIC Forging IPO and S J Logistics IPO.

IPO Details

AMIC Forging IPO is a SME Book Built Issue IPO proposed to list at BSE SME while S J Logistics IPO is a SME Book Built Issue proposed to list at NSE SME.

	AMIC Forging IPO	S J 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	Gretex Corporate Services Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Gretex Share Broking Private Limited	Hem Finlease 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 AMIC Forging IPO is up to ₹34.80 Cr whereas the issue size of the S J Logistics IPO is up to ₹48.00 Cr. The final issue price of AMIC Forging IPO is ₹126.00 per share and of S J Logistics IPO is ₹125.00 per share.

	AMIC Forging IPO	S J Logistics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹121.00 per share	₹121.00 per share
Issue Price (Upper)	₹126.00 per share	₹125.00 per share
Issue Price (Final)	₹126.00 per share	₹125.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1000 shares
Fresh Issue Size	27,62,000 shares	38,40,000 shares
Fresh Issue Size (Amount)	up to ₹34.80 Cr	up to ₹48.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	27,62,000 shares	38,40,000 shares
Issue Size Total (Amount)	up to ₹34.80 Cr	up to ₹48.00 Cr

IPO Timetable

AMIC Forging IPO opens on Nov 29, 2023, while S J Logistics IPO opens on Dec 12, 2023. The closing date of AMIC Forging IPO and S J Logistics IPO is Dec 01, 2023, and Dec 14, 2023, respectively.

	AMIC Forging IPO	S J Logistics IPO
Anchor Bid Date	Nov 28, 2023	Dec 11, 2023
Issue Open	Nov 29, 2023	Dec 12, 2023
Issue Close	Dec 01, 2023	Dec 14, 2023
Basis Of Allotment (Tentative)	Dec 04, 2023	Dec 15, 2023
Initiation of Refunds (Tentative)	Dec 05, 2023	Dec 18, 2023
Credit of Share (Tentative)	Dec 05, 2023	Dec 18, 2023
Listing date (Tentative)	Dec 06, 2023	Dec 19, 2023
Anchor Lockin End date 1	Jan 03, 2024	Jan 14, 2024
Anchor Lockin End date 2	Mar 03, 2024	Mar 14, 2024

Financials

AMIC Forging IPO P/E ratio is 1.01, as compared to S J Logistics IPO P/E ratio of 14.14.

AMIC Forging IPO

S J Logistics 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

S J Logistics (India) Limited Financial Information (Restated Consolidated)

S J Logistics (India) Limited's revenue increased by 29.88% and profit after tax (PAT) rose by 340.23% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	10,541.07	8,104.32	5,062.51	5,013.55
Revenue	10,338.56	13,500.99	10,395.18	12,402.88
Profit After Tax	931.07	761.56	172.99	82.99
Net Worth	5,640.93	3,120.32
Reserves and Surplus	4,576.62	2,825.15	1,342.14	1,169.15
Total Borrowing	2,952.40	3,356.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

78.38%

67.55%

Promoter Shareholding (Post-Issue)

57.74%

49.64%

P/E Ratio

1.01

14.14

Market Cap

₹132.15 Cr.

₹181.04 Cr.

ROE

71.25%%

24.41%%

ROCE

55.78%%

18.58%%

Debt/Equity

0.26

1.08

EPS

₹12.83

₹8.84

RoNW

49.40%%

24.41%%

Shares Offered

In the AMIC Forging IPO retail investors (RII) are offered 9,19,000 shares while in S J Logistics IPO retail investors are offered 9,19,000 shares. Qualified institutional buyers (QIB) are offered 5,24,000 shares in AMIC Forging IPO and 7,30,000 shares in S J Logistics IPO.

	AMIC Forging IPO	S J Logistics IPO
Anchor Investor Reserveration	7,86,000 shares	10,92,000 shares
Market Maker Reserveration	1,39,000 shares	1,93,000 shares
QIB	5,24,000 shares	7,30,000 shares
NII	3,94,000 shares	5,48,000 shares
RII	9,19,000 shares	12,77,000 shares
Employee	0 shares	0 shares
Others
Total	18,37,000 shares	25,55,000 shares

Bids Received (Subscription)

AMIC Forging IPO subscribed 289.05x in total, whereas S J Logistics IPO subscribed 316.26x.

	AMIC Forging IPO	S J Logistics IPO
QIB (times)	91.43x	116.16x
NII (times)	589.27x	489.45x
Big NII (times)
Small NII (times)
RII (times)	273.01x	356.33x
Employee (times)
Other (times)
Total (times)	289.05x	316.26x

Compare with others

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