Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Chemkart India IPO vs Grace Renewable Energy IPO

Comparison between Chemkart India IPO and Grace Renewable Energy IPO.

IPO Details

Chemkart India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Grace Renewable Energy IPO is a SME Bookbuilding proposed to list at BSE SME.

 Chemkart India IPOGrace Renewable Energy IPO
LogoChemkart India IPO LogoGrace Renewable Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersSmart Horizon Capital Advisors Pvt.Ltd.Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerAlacrity Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Chemkart India IPO is up to ₹75.96 Cr whereas the issue size of the Grace Renewable Energy IPO is up to ₹0.00 Cr. The final issue price of Chemkart India IPO is ₹248.00 per share and of Grace Renewable Energy IPO is .

 Chemkart India IPOGrace Renewable Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹236.00 per share
Issue Price (Upper)₹248.00 per share
Issue Price (Final)₹248.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size600 shares
Fresh Issue Size24,33,800 shares44,00,000 shares
Fresh Issue Size (Amount)up to ₹60.36 Crup to ₹0.00 Cr
OFS Issue Size6,29,200 shares11,00,000 shares
OFS Issue Size (Amount)up to ₹15.60 Crup to ₹0.00 Cr
Issue Size Total30,63,000 shares55,00,000 shares
Issue Size Total (Amount)up to ₹75.96 Crup to ₹0.00 Cr

IPO Timetable

Chemkart India IPO opens on Jul 07, 2025, while Grace Renewable Energy IPO opens on . The closing date of Chemkart India IPO and Grace Renewable Energy IPO is Jul 09, 2025, and , respectively.

 Chemkart India IPOGrace Renewable Energy IPO
Anchor Bid DateJul 04, 2025
Issue OpenJul 07, 2025
Issue CloseJul 09, 2025
Basis Of Allotment (Tentative)Jul 10, 2025
Initiation of Refunds (Tentative)Jul 11, 2025
Credit of Share (Tentative)Jul 11, 2025
Listing date (Tentative)Jul 14, 2025
Anchor Lockin End date 1Aug 09, 2025
Anchor Lockin End date 2Oct 08, 2025

Financials & KPIs

Chemkart India IPO P/E ratio is 9.71, as compared to Grace Renewable Energy IPO P/E ratio of .

 Chemkart India IPOGrace Renewable Energy IPO
Financials

Chemkart India Limited Financial Information (Restated Consolidated)

Chemkart India Limited's revenue increased by 55% and profit after tax (PAT) rose by 67% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets86.1253.5137.48
Total Income205.46132.83131.69
Profit After Tax24.2614.527.66
EBITDA32.7620.9111.05
Net Worth53.2929.0114.50
Reserves and Surplus43.7927.6613.14
Total Borrowing17.0312.5511.33
Amount in ₹ Crore

Grace Renewable Energy Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets24.9316.429.198.33
Total Income52.7678.3238.7449.47
Profit After Tax75.750.730.87
Net Worth16.29.213.462.73
Reserves and Surplus13.26.213.412.68
Total Borrowing2.173.244.13.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.28
P/E Ratio9.71
Market Cap₹300.06 Cr.
ROE59%
ROCE49%77.06%
Debt/Equity0.320.35
EPS₹25.54
RoNW45.52%62.40%

Shares Offered

In the Chemkart India IPO Retail Individual Investors (RII) are offered 10,78,800 shares while in Grace Renewable Energy IPO retail investors are offered 10,78,800 shares. Qualified Institutional Buyers (QIB) are offered 6,09,600 shares in Chemkart India IPO and in Grace Renewable Energy IPO.

 Chemkart India IPOGrace Renewable Energy IPO
Anchor Investor Reserveration9,11,400 shares
Market Maker Reserveration1,66,200 shares
QIB6,09,600 shares
NII4,63,200 shares
RII10,78,800 shares
Employee
Others
Total30,63,000 shares

Bids Received (Subscription)

Chemkart India IPO subscribed 5.91x in total, whereas Grace Renewable Energy IPO subscribed .

 Chemkart India IPOGrace Renewable Energy IPO
QIB (times)13.69x
NII (times)5.64x
Big NII (times)
Small NII (times)
RII (times)1.63x
Employee (times)
Other (times)
Total (times)5.91x