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Amkay Products IPO vs Shivam Chemicals IPO

Comparison between Amkay Products IPO and Shivam Chemicals IPO.

IPO Details

Amkay Products IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shivam Chemicals IPO is a SME Fixed Price proposed to list at BSE SME.

 Amkay Products IPOShivam Chemicals IPO
LogoAmkay Products IPO LogoShivam Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerHem Finlease Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Amkay Products IPO is up to ₹11.95 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Amkay Products IPO is ₹55.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

 Amkay Products IPOShivam Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹44.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size21,72,000 shares43,56,000 shares
Fresh Issue Size (Amount)up to ₹11.95 Crup to ₹19.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total21,72,000 shares43,56,000 shares
Issue Size Total (Amount)up to ₹11.95 Crup to ₹19.17 Cr

IPO Timetable

Amkay Products IPO opens on Apr 30, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Amkay Products IPO and Shivam Chemicals IPO is May 03, 2024, and Apr 25, 2024, respectively.

 Amkay Products IPOShivam Chemicals IPO
Anchor Bid DateApr 29, 2024
Issue OpenApr 30, 2024Apr 23, 2024
Issue CloseMay 03, 2024Apr 25, 2024
Basis Of Allotment (Tentative)May 06, 2024Apr 26, 2024
Initiation of Refunds (Tentative)May 07, 2024Apr 29, 2024
Credit of Share (Tentative)May 07, 2024Apr 29, 2024
Listing date (Tentative)May 08, 2024Apr 30, 2024
Anchor Lockin End date 1Jun 05, 2024
Anchor Lockin End date 2Aug 04, 2024

Financials & KPIs

Amkay Products IPO P/E ratio is 23.18, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

 Amkay Products IPOShivam Chemicals IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18.8815.6415.8113.93
Total Income23.8628.2536.7940.72
Profit After Tax2.151.511.473.13
NET Worth9.877.726.214.74
Reserves and Surplus3.517.445.934.46
Total Borrowing4.764.704.341.37
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets38.8231.17
Total Income107.11156.58
Profit After Tax0.713.57
NET Worth14.0013.28
Reserves and Surplus1.6012.89
Total Borrowing16.3813.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.89%99.99%
Promoter Shareholding (Post-Issue)73.44%73%
P/E Ratio23.1815.26
Market Cap₹47.61 Cr.₹74.74 Cr.
ROE24.495.13
ROCE21.546.19
Debt/Equity0.481.17
EPS₹2.37₹2.88
RoNW21.825.06

Shares Offered

In the Amkay Products IPO Retail Individual Investors (RII) are offered 7,62,000 shares while in Shivam Chemicals IPO retail investors are offered 7,62,000 shares. Qualified Institutional Buyers (QIB) are offered 4,34,000 shares in Amkay Products IPO and in Shivam Chemicals IPO.

 Amkay Products IPOShivam Chemicals IPO
Anchor Investor Reservation6,50,000 shares
Market Maker Reservation1,20,000 shares2,31,000 shares
QIB4,34,000 shares
NII3,26,000 shares21,78,000 shares
RII7,62,000 shares21,78,000 shares
Total21,72,000 shares43,56,000 shares

Bids Received (Subscription)

Amkay Products IPO subscribed 524.17x in total, whereas Shivam Chemicals IPO subscribed 6.60x.

 Amkay Products IPOShivam Chemicals IPO
QIB (times)173.04x
NII (times)987.34x4.33x
RII (times)973.14x8.88x
Total (times)524.17x6.60x

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Compare:

Amkay Products IPO Vs Shivam Chemicals IPO