Comparison between Chiraharit IPO and Neptune Petrochemicals IPO.
Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Neptune Petrochemicals IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chiraharit IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Anant Securities | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| 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 Chiraharit IPO is up to ₹29.51 Cr whereas the issue size of the Neptune Petrochemicals IPO is up to ₹69.54 Cr. The final issue price of Chiraharit IPO is ₹21.00 per share and of Neptune Petrochemicals IPO is ₹122.00 per share.
| Chiraharit IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹115.00 per share | |
| Issue Price (Upper) | ₹122.00 per share | |
| Issue Price (Final) | ₹21.00 per share | ₹122.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 6000 shares | 1000 shares |
| Fresh Issue Size | 1,40,52,000 shares | 57,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.51 Cr | up to ₹69.54 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 | 1,40,52,000 shares | 57,00,000 shares |
| Issue Size Total (Amount) | up to ₹29.51 Cr | up to ₹69.54 Cr |
Chiraharit IPO opens on Sep 29, 2025, while Neptune Petrochemicals IPO opens on May 28, 2025. The closing date of Chiraharit IPO and Neptune Petrochemicals IPO is Oct 03, 2025, and May 30, 2025, respectively.
| Chiraharit IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Anchor Bid Date | May 27, 2025 | |
| Issue Open | Sep 29, 2025 | May 28, 2025 |
| Issue Close | Oct 03, 2025 | May 30, 2025 |
| Basis Of Allotment (Tentative) | Oct 06, 2025 | Jun 02, 2025 |
| Initiation of Refunds (Tentative) | Oct 07, 2025 | Jun 03, 2025 |
| Credit of Share (Tentative) | Oct 07, 2025 | Jun 03, 2025 |
| Listing date (Tentative) | Oct 08, 2025 | Jun 04, 2025 |
| Anchor Lockin End date 1 | Jul 01, 2025 | |
| Anchor Lockin End date 2 | Aug 30, 2025 |
Chiraharit IPO P/E ratio is 13.95, as compared to Neptune Petrochemicals IPO P/E ratio of 8.79.
| Chiraharit IPO | Neptune Petrochemicals IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Chiraharit Ltd.'s revenue increased by 96% and profit after tax (PAT) rose by 898% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 94.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 70.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 8.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹115.07 Cr. | ₹276.37 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 62.91 | 65.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.29 | 65.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.51 | ₹13.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 62.91 | 65.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chiraharit IPO Retail Individual Investors (RII) are offered 70,26,000 shares while in Neptune Petrochemicals IPO retail investors are offered 70,26,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Chiraharit IPO and 11,40,000 shares in Neptune Petrochemicals IPO.
| Chiraharit IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 17,09,000 shares |
| Market Maker Reservation | 7,44,000 shares | 3,00,000 shares |
| QIB | 0 shares | 11,40,000 shares |
| NII | 70,26,000 shares | 8,55,000 shares |
| RII | 70,26,000 shares | 19,96,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 1,40,52,000 shares | 57,00,000 shares |
Chiraharit IPO subscribed 1.88x in total, whereas Neptune Petrochemicals IPO subscribed 4.11x.
| Chiraharit IPO | Neptune Petrochemicals IPO | |
|---|---|---|
| QIB (times) | 7.12x | |
| NII (times) | 0.73x | 2.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.03x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.88x | 4.11x |
