Arabian Petroleum IPO vs Sharp Chucks IPO

Comparison between Arabian Petroleum IPO and Sharp Chucks IPO.

IPO Details

Arabian Petroleum IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sharp Chucks IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Sharp Chucks IPO is ₹58.00 per share.

 Arabian Petroleum IPOSharp Chucks IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹70.00 per share₹58.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size27,44,000 shares8,27,484 shares
Fresh Issue Size (Amount)up to ₹19.21 Crup to ₹4.80 Cr
OFS Issue Size0 shares19,28,516 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.19 Cr
Issue Size Total27,44,000 shares27,56,000 shares
Issue Size Total (Amount)up to ₹19.21 Crup to ₹15.98 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of Arabian Petroleum IPO and Sharp Chucks IPO is Sep 27, 2023, and Oct 05, 2023, respectively.

Financials & KPIs

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Sharp Chucks IPO P/E ratio of 11.2.

 Arabian Petroleum IPOSharp Chucks IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets76.5171.3550.32
Total Income243.95191.59110.25
Profit After Tax4.864.142.88
NET Worth22.0317.1613.02
Reserves and Surplus14.0315.1611.02
Total Borrowing38.3129.4921.98
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets180.04183.92133.98
Total Income179.31152.52135.83
Profit After Tax5.074.533.31
NET Worth52.3547.2842.76
Reserves and Surplus42.5637.5032.97
Total Borrowing90.34102.6963.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0080.28
Promoter Shareholding (Post-Issue)73.4573.00
P/E Ratio11.5111.2
Market Cap₹76.24 Cr.₹62.41 Cr.
ROE22.08%10.17%
ROCE32.47%11.00%
Debt/Equity1.751.73
EPS₹6.08₹5.18
RoNW22.08%9.68%

Shares Offered

In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Sharp Chucks IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and in Sharp Chucks IPO.

 Arabian Petroleum IPOSharp Chucks IPO
Anchor Investor Reservation
Market Maker Reservation1,48,000 shares1,48,000 shares
QIB
NII13,72,000 shares13,78,000 shares
RII13,72,000 shares13,78,000 shares
Employee
Others
Total27,44,000 shares27,56,000 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas Sharp Chucks IPO subscribed 54.20x.

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Arabian Petroleum IPO Vs Sharp Chucks IPO