Comparison between Aditya Ultra Steel IPO and SPP Polymer IPO.
Aditya Ultra Steel IPO is a SME Fixed Price IPO proposed to list at NSE SME while SPP Polymer IPO is a SME Fixed Price proposed to list at NSE SME.
| Aditya Ultra Steel IPO | SPP Polymer IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Interactive Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | B.N.Rathi Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aditya Ultra Steel IPO is up to ₹43.59 Cr whereas the issue size of the SPP Polymer IPO is up to ₹23.25 Cr. The final issue price of Aditya Ultra Steel IPO is ₹62.00 per share and of SPP Polymer IPO is ₹59.00 per share.
| Aditya Ultra Steel IPO | SPP Polymer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹59.00 per share | |
| Issue Price (Upper) | ₹62.00 per share | |
| Issue Price (Final) | ₹62.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 70,30,000 shares | 39,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹43.59 Cr | up to ₹23.25 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 | 70,30,000 shares | 39,40,000 shares |
| Issue Size Total (Amount) | up to ₹43.59 Cr | up to ₹23.25 Cr |
Aditya Ultra Steel IPO opens on Sep 09, 2024, while SPP Polymer IPO opens on Sep 10, 2024. The closing date of Aditya Ultra Steel IPO and SPP Polymer IPO is Sep 11, 2024, and Sep 12, 2024, respectively.
| Aditya Ultra Steel IPO | SPP Polymer IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 09, 2024 | Sep 10, 2024 |
| Issue Close | Sep 11, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aditya Ultra Steel IPO P/E ratio is 13.64, as compared to SPP Polymer IPO P/E ratio of 66.72.
| Aditya Ultra Steel IPO | SPP Polymer IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.94 | 94.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.76 | 69.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.64 | 66.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹153.98 Cr. | ₹90.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.92 | 8.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.75 | 4.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.44 | 0.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.54 | ₹0.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.08 | 3.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aditya Ultra Steel IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in SPP Polymer IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 35,12,000 shares in Aditya Ultra Steel IPO and in SPP Polymer IPO.
| Aditya Ultra Steel IPO | SPP Polymer IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,70,000 shares | 2,10,000 shares |
| QIB | 35,12,000 shares | |
| NII | 10,56,000 shares | 19,70,000 shares |
| RII | 24,62,000 shares | 19,70,000 shares |
| Employee | ||
| Others | ||
| Total | 70,30,000 shares | 39,40,000 shares |
Aditya Ultra Steel IPO subscribed 10.58x in total, whereas SPP Polymer IPO subscribed 43.29x.
| Aditya Ultra Steel IPO | SPP Polymer IPO | |
|---|---|---|
| QIB (times) | 1.21x | |
| NII (times) | 12.16x | 22.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.26x | 59.87x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 10.58x | 43.29x |
