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.
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.
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 IPO | Shivam Chemicals IPO |
|---|
| Anchor Bid Date | Apr 29, 2024 | |
| Issue Open | Apr 30, 2024 | Apr 23, 2024 |
| Issue Close | May 03, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | May 06, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | May 07, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | May 07, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | May 08, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | Jun 05, 2024 | |
| Anchor Lockin End date 2 | Aug 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.
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 IPO | Shivam Chemicals IPO |
|---|
| Anchor Investor Reservation | 6,50,000 shares | |
| Market Maker Reservation | 1,20,000 shares | 2,31,000 shares |
| QIB | 4,34,000 shares | |
| NII | 3,26,000 shares | 21,78,000 shares |
| RII | 7,62,000 shares | 21,78,000 shares |
| Total | 21,72,000 shares | 43,56,000 shares |
Bids Received (Subscription)
Amkay Products IPO subscribed 524.17x in total, whereas Shivam Chemicals IPO subscribed 6.60x.
