Comparison between Agarwal Float Glass India IPO and Shera Energy IPO.
IPO Details
Agarwal Float Glass India IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Agarwal Float Glass India IPO is up to ₹8.72 Cr whereas the issue size of the Shera Energy IPO is up to ₹32.92 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Shera Energy IPO is ₹57.00 per share.
| | Agarwal Float Glass India IPO | Shera Energy IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹55.00 per share |
| Issue Price (Upper) | | ₹57.00 per share |
| Issue Price (Final) | ₹42.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | ₹0.00 per share |
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 20,76,000 shares | 6,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.72 Cr | up to ₹3.69 Cr |
| OFS Issue Size | 0 shares | 51,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹29.23 Cr |
| Issue Size Total | 20,76,000 shares | 57,76,000 shares |
| Issue Size Total (Amount) | up to ₹8.72 Cr | up to ₹32.92 Cr |
IPO Timetable
Agarwal Float Glass India IPO opens on Feb 10, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Agarwal Float Glass India IPO and Shera Energy IPO is Feb 15, 2023, and Feb 09, 2023, respectively.
| | Agarwal Float Glass India IPO | Shera Energy IPO |
|---|
| Anchor Bid Date | | Feb 06, 2023 |
| Issue Open | Feb 10, 2023 | Feb 07, 2023 |
| Issue Close | Feb 15, 2023 | Feb 09, 2023 |
| Basis Of Allotment (Tentative) | Feb 20, 2023 | Feb 14, 2023 |
| Initiation of Refunds (Tentative) | Feb 21, 2023 | Feb 15, 2023 |
| Credit of Share (Tentative) | Feb 22, 2023 | Feb 16, 2023 |
| Listing date (Tentative) | Feb 23, 2023 | Feb 17, 2023 |
| Anchor Lockin End date 1 | | Mar 16, 2023 |
| Anchor Lockin End date 2 | | May 15, 2023 |
Financials & KPIs
Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Shera Energy IPO P/E ratio of 15.16.
Shares Offered
In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in Shera Energy IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and 10,06,000 shares in Shera Energy IPO.
| | Agarwal Float Glass India IPO | Shera Energy IPO |
|---|
| Anchor Investor Reservation | | 15,00,000 shares |
| Market Maker Reservation | 1,14,000 shares | 4,00,000 shares |
| QIB | | 10,06,000 shares |
| NII | 10,38,000 shares | 8,20,000 shares |
| RII | 10,38,000 shares | 18,50,000 shares |
| Employee | | 6,00,000 shares |
| Others | | |
| Total | 20,76,000 shares | 57,76,000 shares |
Bids Received (Subscription)
Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Shera Energy IPO subscribed 47.36x.
