Baba Food Processing IPO vs Sheetal Universal IPO

Comparison between Baba Food Processing IPO and Sheetal Universal IPO.

IPO Details

Baba Food Processing IPO is a SME Fixed Price IPO proposed to list at NSE 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 Baba Food Processing IPO is up to ₹31.23 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of Sheetal Universal IPO is ₹70.00 per share.

 Baba Food Processing IPOSheetal Universal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share
Issue Price (Upper)₹76.00 per share
Issue Price (Final)₹76.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size41,08,800 shares32,28,000 shares
Fresh Issue Size (Amount)up to ₹31.23 Crup to ₹22.60 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total41,08,800 shares32,28,000 shares
Issue Size Total (Amount)up to ₹31.23 Crup to ₹22.60 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Baba Food Processing IPO and Sheetal Universal IPO is Nov 07, 2023, and Dec 06, 2023, respectively.

Financials & KPIs

Baba Food Processing IPO P/E ratio is , as compared to Sheetal Universal IPO P/E ratio of 27.34.

 Baba Food Processing IPOSheetal Universal IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets69.8068.1254.6845.84
Total Income41.39189.6497.56107.70
Profit After Tax1.925.032.011.98
NET Worth26.9225.0019.9716.49
Reserves and Surplus14.9220.2015.1711.69
Total Borrowing32.5132.6727.6723.25
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.7028.0416.0312.72
Total Income58.27131.6639.8438.84
Profit After Tax1.881.990.280.25
NET Worth10.476.494.504.22
Reserves and Surplus2.412.991.000.72
Total Borrowing14.6313.569.856.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9995
Promoter Shareholding (Post-Issue)66.81
P/E Ratio27.34
Market Cap₹124.20 Cr.₹80.19 Cr.
ROE20.14%36.17%
ROCE15.81%21.59%
Debt/Equity2.09
EPS₹4.20₹2.56
RoNW20.14%30.63%

Shares Offered

In the Baba Food Processing IPO Retail Individual Investors (RII) are offered 28,35,200 shares while in Sheetal Universal IPO retail investors are offered 28,35,200 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and in Sheetal Universal IPO.

 Baba Food Processing IPOSheetal Universal IPO
Anchor Investor Reservation
Market Maker Reservation2,17,600 shares1,72,000 shares
QIB80,000 shares
NII11,93,600 shares16,14,000 shares
RII28,35,200 shares16,14,000 shares
Employee
Others
Total41,08,800 shares32,28,000 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas Sheetal Universal IPO subscribed 179.20x.

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