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.
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.
| | Baba Food Processing IPO | Sheetal Universal IPO |
|---|
| Issue Open | Nov 03, 2023 | Dec 04, 2023 |
| Issue Close | Nov 07, 2023 | Dec 06, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Nov 13, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Nov 15, 2023 | Dec 08, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Dec 11, 2023 |
Financials & KPIs
Baba Food Processing IPO P/E ratio is , as compared to Sheetal Universal IPO P/E ratio of 27.34.
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 IPO | Sheetal Universal IPO |
|---|
| Market Maker Reservation | 2,17,600 shares | 1,72,000 shares |
| QIB | 80,000 shares | |
| NII | 11,93,600 shares | 16,14,000 shares |
| RII | 28,35,200 shares | 16,14,000 shares |
| Total | 41,08,800 shares | 32,28,000 shares |
Bids Received (Subscription)
Baba Food Processing IPO subscribed 69.44x in total, whereas Sheetal Universal IPO subscribed 171.14x.
