Contents
- 1 Table of Contents
- 2 Racks & Rollers IPO Vs Amkay Products IPO
- 3 Racks & Rollers IPO Vs Amkay Products IPO Dates
- 4 Racks & Rollers IPO Vs Amkay Products IPO Lot Size
- 5 Racks & Rollers IPO Vs Amkay Products IPO GMP (Gray Market Premium) Comparison
- 6 Racks & Rollers Limited Vs Amkay Products Limited Company Details
- 7 An object of the Issue Racks & Rollers IPO Vs Amkay Products IPO
- 8 Racks & Rollers Limited Vs Amkay Products Limited Financial Status (Restated)
- 9 Key Performance Indicator (KPI) of Racks & Rollers Limited Vs Amkay Products Limited
Racks & Rollers IPO Vs Amkay Products IPO / Storage Technologies & Automation IPO Vs Amkay Products IPO: Both these IPOs are going to open for subscription on the same day. Thinking about which one to invest in? So we are making your work easier, we have presented the comparison of two IPOs in this article.
Table of Contents
Racks & Rollers IPO Vs Amkay Products IPO
| Components | Racks & Rollers IPO | Amkay Products IPO |
| Open Date | 30th April 2024 | 30th April 2024 |
| Close Date | 3rd May 2024 | 3rd May 2024 |
| Listing Date | 8th May 2024 [Expected] | 8th May 2024 [Expected] |
| IPO Size | Rs 2995 Lakhs through 38,40,000 lakh shares | Rs 1261 Lakhs through 22.92 lakh shares fresh issue |
| Face Value | ₹10 per share | ₹10 per share |
| IPO Price Band | ₹73 to ₹78 per share | ₹52 to ₹55 per share |
| IPO Listing on | BSE SME | BSE SME |
| Lot Size | 1600 Shares | 2000 Shares |
| OFS | Not Applicable | Not Applicable |
| Retail Quota | 35%of the total issue share | 35%of the total issue share |
| QBI | 50% of the total issue share | 50% of the total issue share |
| HNI | 15% of the total issue share | 15% of the total issue share |
Racks & Rollers IPO Vs Amkay Products IPO Dates
| Aspect | Racks & Rollers IPO | Amkay Products IPO |
|---|---|---|
| IPO Open Date | 30th April 2024 | 30th April 2024 |
| IPO Close Date | 3rd May 2024 | 3rd May 2024 |
| Basis of Allotment | 6th May 2024 | 6th May 2024 |
| Initiation of Refunds | 7th May 2024 | 7th May 2024 |
| The credit of Shares to Demat | 7th May 2024 | 7th May 2024 |
| Listing Date | 8th May 2024 | 8th May 2024 |
| UPI mandate confirmation | 5 PM on 3rd May 2024 | 5 PM on 3rd May 2024 |
Racks & Rollers IPO Vs Amkay Products IPO Lot Size
| Applicant Type | Racks & Rollers IPO Lot Size (Min & Max) | Share | Amount | Amkay Products Ltd IPO Lot Size (Min & Max) | Share | Amount |
|---|---|---|---|---|---|---|
| Retail | 1 Lot (Min & Max) | 1600 | ₹124,800 Max | 1 Lot (Min & Max) | 2000 | ₹110,000 Max |
| S-HNI | 2 Lots (Min) | 3200 | ₹249,600 Min | 2 Lots (Min) | 3200 | ₹220,000 Min |
| B-HNI | 2 Lots (Min) | 3200 | ₹249,600 Min | 2 Lots (Min) | 3200 | ₹220,000 Min |
Racks & Rollers IPO Vs Amkay Products IPO GMP (Gray Market Premium) Comparison
| Date | Racks & Rollers IPO GMP | Racks & Rollers IPO Price | Racks & Rollers IPO Estimated Listing Price | Amkay Products IPO GMP | Amkay Products IPO Price | Amkay Products IPO Estimated Listing Price | Update On |
|---|---|---|---|---|---|---|---|
| 01/05/2024 | ₹18 | ₹78 | ₹96 | ₹45 | ₹55 | ₹100 | 01/05/2024 |
| 30/04/2024 | ₹18 | ₹78 | ₹96 | ₹45 | ₹55 | ₹100 | 30/04/2024 |
| 29/04/2024 | ₹9 | ₹78 | ₹87 | ₹25 | ₹55 | ₹80 | 29/04/2024 09:00 |
| 28/04/2024 | ₹0 | ₹78 | ₹78 | ₹25 | ₹55 | ₹80 | 28/04/2024 20:00 |
| 27/04/2024 | ₹0 | ₹78 | ₹78 | ₹25 | ₹55 | ₹80 | 27/04/2024 20:00 |
| 26/04/2024 | ₹0 | ₹78 | ₹78 | ₹0 | ₹55 | ₹55 | 26/04/2024 20:00 |
| 25/04/2024 | ₹0 | ₹78 | ₹78 | ₹0 | ₹55 | ₹55 | 25/04/2024 20:00 |
| 24/04/2024 | ₹0 | ₹78 | ₹78 | ₹0 | ₹55 | ₹55 | 24/04/2024 14:00 |
Racks & Rollers Limited Vs Amkay Products Limited Company Details
| Aspect | Storage Technologies & Automation Ltd | Amkay Products Limited |
|---|---|---|
| Establishment | October 2010 | October 2007 |
| Industry Focus | Specializes in storage racking systems, automated warehouses, and storage solutions for various industries including oil & gas, automotive, aerospace, food & beverages, pharmaceuticals, textiles, retail, and FMCG | Specializes in producing and selling healthcare products including medical devices, disposables, face masks, alcohol swabs, lancet needles, nebulizers, pulse oximeters, and surgeon caps |
| Manufacturing Facilities | Manufacturing facilities cover approximately 56,250 square feet in Bangalore, supplemented by 20,000 square feet of storage space | N/A |
| Projects Completed | Over 2500 projects completed | N/A |
| Customer Base | 900 satisfied customers worldwide | Catering to healthcare centres, hospitals, clinics, nursing homes, and similar facilities across India |
| Product Range | Specializes in storage solutions | Offers over 30 healthcare products, manufacturing 20 of them and branding/trading 10 others |
| Global Presence | Presence in more than 30 countries | N/A |
An object of the Issue Racks & Rollers IPO Vs Amkay Products IPO
| An object of the Issue | Racks & Rollers IPO | Amkay Products IPO |
|---|---|---|
| To meet Working Capital requirements | Yes | Yes |
| General Corporate Purpose | Yes | Yes |
| Investing in capital expenditure to install additional machinery | No | Yes |
Racks & Rollers Limited Vs Amkay Products Limited Financial Status (Restated)
| Financial Parameter | Racks & Rollers Limited (31st October, 2023) (₹ in Lakhs) | Amkay Products Limited (31st December 2023) (₹ in Lakhs) |
|---|---|---|
| Liabilities | 6,375.77 | 1,887.52 |
| Assets | 6,375.77 | 1,887.52 |
| Revenue | ₹5,317.09 | ₹2,385.56 |
| PAT (Profit After Tax) | ₹358.91 | ₹215.34 |
| Total Borrowing | ₹1,632.53 | ₹476.22 |
| Net Worth | N/A | ₹986.96 |
Key Performance Indicator (KPI) of Racks & Rollers Limited Vs Amkay Products Limited
| Key Performance Indicator (KPI) | Racks & Rollers Limited | Amkay Products Limited |
|---|---|---|
| EBITDA | ₹706.93 Lakh (13.36%) | ₹252.80 Lakh (11.11%) |
| PAT Margin (%) | 6.78% | 9.47% |
| RoCE (%) | 22.52% | 21.54% |
| RoE (%) | 46.37% | 24.49% |
| EPS | ₹11.96 per share (pre-issue & post-issue) | ₹2.37 per share (pre-issue) |
The full detailed competition is given between the two IPOs Racks & Rollers IPO Vs Amkay Products IPO, hope you will not have any difficulty in making a decision.
Disclaimer:
Information on IPO GMP Today is for informational purposes only. We do not provide financial advice. Investing in IPOs carries risks, including loss of principal. Consult a financial advisor before making investment decisions. Past performance doesn’t guarantee future results. The Grey Market Premium (GMP) is speculative and may not reflect actual listing prices. We’re not liable for errors or inaccuracies. Users are responsible for their own investment decisions. Use of this website implies agreement to these terms.
2 thoughts on “Racks & Rollers IPO Vs Amkay Products IPO – IPOGMPTODAY”
I think Both IPO is best
okay