Comparison between ABS Marine IPO and Storage Technologies IPO.
ABS Marine IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Storage Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.
| ABS Marine IPO | Storage Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | 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 Storage Technologies IPO is up to ₹28.39 Cr. The final issue price of ABS Marine IPO is ₹147.00 per share and of Storage Technologies IPO is ₹78.00 per share.
| ABS Marine IPO | Storage Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | ₹73.00 per share |
| Issue Price (Upper) | ₹147.00 per share | ₹78.00 per share |
| Issue Price (Final) | ₹147.00 per share | ₹78.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1600 shares |
| Fresh Issue Size | 61,40,000 shares | 36,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹90.26 Cr | up to ₹28.39 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 | 36,40,000 shares |
| Issue Size Total (Amount) | up to ₹90.26 Cr | up to ₹28.39 Cr |
ABS Marine IPO opens on May 10, 2024, while Storage Technologies IPO opens on Apr 30, 2024. The closing date of ABS Marine IPO and Storage Technologies IPO is May 15, 2024, and May 03, 2024, respectively.
| ABS Marine IPO | Storage Technologies IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2024 | Apr 29, 2024 |
| Issue Open | May 10, 2024 | Apr 30, 2024 |
| Issue Close | May 15, 2024 | May 03, 2024 |
| Basis Of Allotment (Tentative) | May 16, 2024 | May 06, 2024 |
| Initiation of Refunds (Tentative) | May 17, 2024 | May 07, 2024 |
| Credit of Share (Tentative) | May 17, 2024 | May 07, 2024 |
| Listing date (Tentative) | May 21, 2024 | May 08, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | Jun 05, 2024 |
| Anchor Lockin End date 2 | Aug 14, 2024 | Aug 04, 2024 |
ABS Marine IPO P/E ratio is 11.23, as compared to Storage Technologies IPO P/E ratio of 48.45.
| ABS Marine IPO | Storage Technologies 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.
| Storage Technologies & Automation Ltd Financial Information (Restated Consolidated)Storage Technologies & Automation Ltd's revenue increased by 16.42% and profit after tax (PAT) rose by 335.72% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.50 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 63.42 | 70.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.23 | 48.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹360.88 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.37% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.67% | 22.52% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.09 | ₹11.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.10% | 37.64% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ABS Marine IPO Retail Individual Investors (RII) are offered 21,49,000 shares while in Storage Technologies IPO retail investors are offered 21,49,000 shares. Qualified Institutional Buyers (QIB) are offered 12,28,000 shares in ABS Marine IPO and 7,28,000 shares in Storage Technologies IPO.
| ABS Marine IPO | Storage Technologies IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,41,000 shares | 10,89,600 shares |
| Market Maker Reserveration | 4,10,000 shares | 2,00,000 shares |
| QIB | 12,28,000 shares | 7,28,000 shares |
| NII | 9,22,000 shares | 5,47,200 shares |
| RII | 21,49,000 shares | 12,75,200 shares |
| Employee | ||
| Others | ||
| Total | 61,40,000 shares | 36,40,000 shares |
ABS Marine IPO subscribed 144.44x in total, whereas Storage Technologies IPO subscribed 278.82x.
| ABS Marine IPO | Storage Technologies IPO | |
|---|---|---|
| QIB (times) | 109.30x | 117.86x |
| NII (times) | 270.94x | 577.02x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 110.24x | 242.74x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 144.44x | 278.82x |
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