Comparison between Arabian Petroleum IPO and Goyal Salt IPO.
Arabian Petroleum IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Goyal Salt IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arabian Petroleum IPO | Goyal Salt IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Holani Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Goyal Salt IPO is up to ₹17.69 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Goyal Salt IPO is ₹38.00 per share.
| Arabian Petroleum IPO | Goyal Salt IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹36.00 per share | |
| Issue Price (Upper) | ₹38.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹38.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 27,44,000 shares | 46,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹19.21 Cr | up to ₹17.69 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 | 27,44,000 shares | 46,56,000 shares |
| Issue Size Total (Amount) | up to ₹19.21 Cr | up to ₹17.69 Cr |
Arabian Petroleum IPO opens on Sep 25, 2023, while Goyal Salt IPO opens on Sep 26, 2023. The closing date of Arabian Petroleum IPO and Goyal Salt IPO is Sep 27, 2023, and Oct 03, 2023, respectively.
| Arabian Petroleum IPO | Goyal Salt IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2023 | |
| Issue Open | Sep 25, 2023 | Sep 26, 2023 |
| Issue Close | Sep 27, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 04, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 05, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 06, 2023 | Oct 09, 2023 |
| Listing date (Tentative) | Oct 09, 2023 | Oct 11, 2023 |
| Anchor Lockin End date 1 | Nov 04, 2023 | |
| Anchor Lockin End date 2 | Jan 03, 2024 |
Arabian Petroleum IPO P/E ratio is 11.51, as compared to Goyal Salt IPO P/E ratio of 13.97.
| Arabian Petroleum IPO | Goyal Salt IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.51 | 13.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.24 Cr. | ₹68.02 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.08% | 25.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.47% | 36.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.75 | 0.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.08 | ₹2.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.08% | 21.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Goyal Salt IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and 8,82,000 shares in Goyal Salt IPO.
| Arabian Petroleum IPO | Goyal Salt IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,17,000 shares | |
| Market Maker Reservation | 1,48,000 shares | 2,46,000 shares |
| QIB | 8,82,000 shares | |
| NII | 13,72,000 shares | 7,29,000 shares |
| RII | 13,72,000 shares | 16,38,000 shares |
| Employee | 90,000 shares | |
| Others | ||
| Total | 27,44,000 shares | 46,56,000 shares |
Arabian Petroleum IPO subscribed 19.91x in total, whereas Goyal Salt IPO subscribed 294.61x.
| Arabian Petroleum IPO | Goyal Salt IPO | |
|---|---|---|
| QIB (times) | 67.20x | |
| NII (times) | 15.72x | 382.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 23.19x | 377.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 19.91x | 294.61x |
