Blue Pebble IPO vs Chatha Foods IPO

Comparison between Blue Pebble IPO and Chatha Foods IPO.

IPO Details

Blue Pebble IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Chatha Foods IPO is a SME Bookbuilding proposed to list at BSE SME.

	Blue Pebble IPO	Chatha Foods IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Hem Securities Ltd.	Indorient Financial Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Alacrity Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Blue Pebble IPO is up to ₹17.20 Cr whereas the issue size of the Chatha Foods IPO is up to ₹31.71 Cr. The final issue price of Blue Pebble IPO is ₹168.00 per share and of Chatha Foods IPO is ₹56.00 per share.

	Blue Pebble IPO	Chatha Foods IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹159.00 per share	₹53.00 per share
Issue Price (Upper)	₹168.00 per share	₹56.00 per share
Issue Price (Final)	₹168.00 per share	₹56.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	800 shares	2000 shares
Fresh Issue Size	10,24,000 shares	56,62,000 shares
Fresh Issue Size (Amount)	up to ₹17.20 Cr	up to ₹31.71 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	10,24,000 shares	56,62,000 shares
Issue Size Total (Amount)	up to ₹17.20 Cr	up to ₹31.71 Cr

IPO Timetable

Blue Pebble IPO opens on Mar 26, 2024, while Chatha Foods IPO opens on Mar 19, 2024. The closing date of Blue Pebble IPO and Chatha Foods IPO is Mar 28, 2024, and Mar 21, 2024, respectively.

	Blue Pebble IPO	Chatha Foods IPO
Anchor Bid Date	Mar 22, 2024	Mar 18, 2024
Issue Open	Mar 26, 2024	Mar 19, 2024
Issue Close	Mar 28, 2024	Mar 21, 2024
Basis Of Allotment (Tentative)	Apr 01, 2024	Mar 26, 2024
Initiation of Refunds (Tentative)	Apr 02, 2024	Mar 27, 2024
Credit of Share (Tentative)	Apr 02, 2024	Mar 27, 2024
Listing date (Tentative)	Apr 03, 2024	Mar 27, 2024
Anchor Lockin End date 1	May 01, 2024	Apr 25, 2024
Anchor Lockin End date 2	Jun 30, 2024	Jun 24, 2024

Financials & KPIs

Blue Pebble IPO P/E ratio is 25.16, as compared to Chatha Foods IPO P/E ratio of 37.76.

Blue Pebble IPO

Chatha Foods IPO

Financials

Blue Pebble Limited Financial Information (Restated)

Blue Pebble Limited's revenue increased by 190.98% and profit after tax (PAT) rose by 426.49% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	934.35	876.36	342.62	299.88
Total Income	1,322.68	1,594.96	548.14	421.04
Profit After Tax	291.78	200.33	38.05	20.06
Net Worth	606.17	314.39	114.06	76.01
Reserves and Surplus	306.17	313.39	113.06	75.01
Total Borrowing		27.28	37.20	37.20
Amount in ₹ Lakhs

Chatha Foods Limited Financial Information (Restated)

Chatha Foods Limited's revenue increased by 34.14% and profit after tax (PAT) rose by 264.66% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,827.62	5,141.94	4,830.31	4,330.28
Total Income	7,078.03	11,724.23	8,740.31	6,119.03
Profit After Tax	341.04	245.20	67.24	-400.35
Net Worth	2,516.15	2,175.12	1,929.93	1,862.68
Reserves and Surplus	862.66	935.00	689.81	622.56
Total Borrowing	987.96	1,060.19	1,101.33	1,065.03
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

81.36

Promoter Shareholding (Post-Issue)

73.52

P/E Ratio

25.16

37.76

Market Cap

₹68.54 Cr.

₹125.98 Cr.

ROE

63.39%

14.54%

ROCE

64.12%

14.81%

Debt/Equity

0.39

EPS

₹6.68

₹1.48

RoNW

48.14%

14.54%

Shares Offered

In the Blue Pebble IPO Retail Individual Investors (RII) are offered 3,59,200 shares while in Chatha Foods IPO retail investors are offered 3,59,200 shares. Qualified Institutional Buyers (QIB) are offered 2,04,800 shares in Blue Pebble IPO and 11,32,000 shares in Chatha Foods IPO.

	Blue Pebble IPO	Chatha Foods IPO
Anchor Investor Reserveration	3,05,600 shares	16,98,000 shares
Market Maker Reserveration	56,000 shares	3,00,000 shares
QIB	2,04,800 shares	11,32,000 shares
NII	1,54,400 shares	8,50,000 shares
RII	3,59,200 shares	19,82,000 shares
Employee
Others
Total	10,24,000 shares	56,62,000 shares

Bids Received (Subscription)

Blue Pebble IPO subscribed 56.32x in total, whereas Chatha Foods IPO subscribed 19.28x.

	Blue Pebble IPO	Chatha Foods IPO
QIB (times)	21.77x	8.54x
NII (times)	97.31x	44.52x
Big NII (times)
Small NII (times)
RII (times)	58.40x	14.60x
Employee (times)
Other (times)
Total (times)	56.32x	19.28x

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