Comparison between ABS Marine IPO and Shivam Chemicals IPO.
ABS Marine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shivam Chemicals IPO is a SME Fixed Price proposed to list at BSE SME.
| ABS Marine IPO | Shivam Chemicals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of ABS Marine IPO is up to ₹90.26 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.
| ABS Marine IPO | Shivam Chemicals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | |
| Issue Price (Upper) | ₹147.00 per share | |
| Issue Price (Final) | ₹147.00 per share | ₹44.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 61,40,000 shares | 43,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹90.26 Cr | up to ₹19.17 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 | 61,40,000 shares | 43,56,000 shares |
| Issue Size Total (Amount) | up to ₹90.26 Cr | up to ₹19.17 Cr |
ABS Marine IPO opens on May 10, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of ABS Marine IPO and Shivam Chemicals IPO is May 15, 2024, and Apr 25, 2024, respectively.
| ABS Marine IPO | Shivam Chemicals IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | Apr 23, 2024 |
| Issue Close | May 15, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | May 21, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 |
ABS Marine IPO P/E ratio is 11.23, as compared to Shivam Chemicals IPO P/E ratio of 15.26.
| ABS Marine IPO | Shivam Chemicals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | ABS Marine Services Limited Financial Information (Restated Consolidated)ABS Marine Services Limited's revenue increased by 21.27% and profit after tax (PAT) rose by 147.22% between the financial year ending with March 31, 2024 and March 31, 2023.
| Shivam Chemicals Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.50 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.42 | 73.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.23 | 15.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹360.88 Cr. | ₹74.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.67% | 6.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 1.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.09 | ₹2.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.10% | 5.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Shivam Chemicals IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and in Shivam Chemicals IPO.
| ABS Marine IPO | Shivam Chemicals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,41,000 shares | |
| Market Maker Reserveration | 4,10,000 shares | 2,31,000 shares |
| QIB | 12,28,000 shares | |
| NII | 9,22,000 shares | 21,78,000 shares |
| RII | 21,49,000 shares | 21,78,000 shares |
| Employee | ||
| Others | ||
| Total | 61,40,000 shares | 43,56,000 shares |
ABS Marine IPO subscribed 144.44x in total, whereas Shivam Chemicals IPO subscribed 6.61x.
| ABS Marine IPO | Shivam Chemicals IPO | |
|---|---|---|
| QIB (times) | 109.30x | |
| NII (times) | 270.94x | 4.33x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 110.24x | 8.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 144.44x | 6.61x |
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