Comparison between Arrowhead Seperation Engineering IPO and Swashthik Plascon IPO.
Arrowhead Seperation Engineering IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swashthik Plascon IPO is a SME Bookbuilding proposed to list at BSE SME.
| Arrowhead Seperation Engineering IPO | Swashthik Plascon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Nikunj Stock Brokers 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 Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr whereas the issue size of the Swashthik Plascon IPO is up to ₹38.71 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.
| Arrowhead Seperation Engineering IPO | Swashthik Plascon IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | |
| Issue Price (Upper) | ₹86.00 per share | |
| Issue Price (Final) | ₹233.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1600 shares |
| Fresh Issue Size | 5,28,000 shares | 45,00,800 shares |
| Fresh Issue Size (Amount) | up to ₹12.30 Cr | up to ₹38.71 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 | 5,28,000 shares | 45,00,800 shares |
| Issue Size Total (Amount) | up to ₹12.30 Cr | up to ₹38.71 Cr |
Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of Arrowhead Seperation Engineering IPO and Swashthik Plascon IPO is Nov 20, 2023, and Nov 29, 2023, respectively.
| Arrowhead Seperation Engineering IPO | Swashthik Plascon IPO | |
|---|---|---|
| Anchor Bid Date | Nov 23, 2023 | |
| Issue Open | Nov 16, 2023 | Nov 24, 2023 |
| Issue Close | Nov 20, 2023 | Nov 29, 2023 |
| Basis Of Allotment (Tentative) | Nov 23, 2023 | Dec 04, 2023 |
| Initiation of Refunds (Tentative) | Nov 24, 2023 | Dec 05, 2023 |
| Credit of Share (Tentative) | Nov 28, 2023 | Dec 05, 2023 |
| Listing date (Tentative) | Nov 28, 2023 | Dec 05, 2023 |
| Anchor Lockin End date 1 | Jan 03, 2024 | |
| Anchor Lockin End date 2 | Mar 03, 2024 |
Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Swashthik Plascon IPO P/E ratio of 17.23.
| Arrowhead Seperation Engineering IPO | Swashthik Plascon IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 50 | 60.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.09 | 43.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.09 | 17.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹43.60 Cr. | ₹151.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 105% | 22.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.94% | 17.30% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.30 | 2.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.88 | ₹4.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 68.75% | 14.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arrowhead Seperation Engineering IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Swashthik Plascon IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Arrowhead Seperation Engineering IPO and 9,00,800 shares in Swashthik Plascon IPO.
| Arrowhead Seperation Engineering IPO | Swashthik Plascon IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,48,800 shares | |
| Market Maker Reservation | 30,000 shares | 2,38,400 shares |
| QIB | 9,00,800 shares | |
| NII | 2,64,000 shares | 6,75,200 shares |
| RII | 2,64,000 shares | 15,76,000 shares |
| Employee | ||
| Others | ||
| Total | 5,28,000 shares | 45,00,800 shares |
Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Swashthik Plascon IPO subscribed 15.43x.
| Arrowhead Seperation Engineering IPO | Swashthik Plascon IPO | |
|---|---|---|
| QIB (times) | 3.42x | |
| NII (times) | 46.02x | 35.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.30x | 13.58x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 94.79x | 15.43x |
