Comparison between Arrowhead Seperation Engineering IPO and Sheetal Universal IPO.
IPO Details
Arrowhead Seperation Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Sheetal Universal IPO is ₹70.00 per share.
IPO Timetable
Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Arrowhead Seperation Engineering IPO and Sheetal Universal IPO is Nov 20, 2023, and Dec 06, 2023, respectively.
| | Arrowhead Seperation Engineering IPO | Sheetal Universal IPO |
|---|
| Issue Open | Nov 16, 2023 | Dec 04, 2023 |
| Issue Close | Nov 20, 2023 | Dec 06, 2023 |
| Basis Of Allotment (Tentative) | Nov 23, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Nov 24, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Nov 28, 2023 | Dec 08, 2023 |
| Listing date (Tentative) | Nov 28, 2023 | Dec 11, 2023 |
Financials & KPIs
Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Sheetal Universal IPO P/E ratio of 27.34.
Shares Offered
In the Arrowhead Seperation Engineering IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Sheetal Universal IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Arrowhead Seperation Engineering IPO and in Sheetal Universal IPO.
| | Arrowhead Seperation Engineering IPO | Sheetal Universal IPO |
|---|
| Market Maker Reservation | 30,000 shares | 1,72,000 shares |
| NII | 2,64,000 shares | 16,14,000 shares |
| RII | 2,64,000 shares | 16,14,000 shares |
| Total | 5,28,000 shares | 32,28,000 shares |
Bids Received (Subscription)
Arrowhead Seperation Engineering IPO subscribed 94.16x in total, whereas Sheetal Universal IPO subscribed 171.14x.
