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Citichem India IPO vs NACDAC Infrastructure IPO

Comparison between Citichem India IPO and NACDAC Infrastructure IPO.

IPO Details

Citichem India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while NACDAC Infrastructure IPO is a SME Bookbuilding proposed to list at BSE SME.

 Citichem India IPONACDAC Infrastructure IPO
LogoCitichem India IPO LogoNACDAC Infrastructure IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersHorizon Management Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Maashitla Securities Pvt.Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Citichem India IPO is up to ₹11.96 Cr whereas the issue size of the NACDAC Infrastructure IPO is up to ₹9.24 Cr. The final issue price of Citichem India IPO is ₹70.00 per share and of NACDAC Infrastructure IPO is ₹35.00 per share.

 Citichem India IPONACDAC Infrastructure IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹70.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares4000 shares
Fresh Issue Size17,08,000 shares26,40,000 shares
Fresh Issue Size (Amount)up to ₹11.96 Crup to ₹9.24 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,08,000 shares26,40,000 shares
Issue Size Total (Amount)up to ₹11.96 Crup to ₹9.24 Cr

IPO Timetable

Citichem India IPO opens on Dec 27, 2024, while NACDAC Infrastructure IPO opens on Dec 17, 2024. The closing date of Citichem India IPO and NACDAC Infrastructure IPO is Dec 31, 2024, and Dec 19, 2024, respectively.

 Citichem India IPONACDAC Infrastructure IPO
Anchor Bid DateDec 16, 2024
Issue OpenDec 27, 2024Dec 17, 2024
Issue CloseDec 31, 2024Dec 19, 2024
Basis Of Allotment (Tentative)Jan 01, 2025Dec 20, 2024
Initiation of Refunds (Tentative)Jan 02, 2025Dec 23, 2024
Credit of Share (Tentative)Jan 02, 2025Dec 23, 2024
Listing date (Tentative)Jan 03, 2025Dec 24, 2024
Anchor Lockin End date 1Jan 19, 2025
Anchor Lockin End date 2Mar 20, 2025

Financials & KPIs

Citichem India IPO P/E ratio is 31.3, as compared to NACDAC Infrastructure IPO P/E ratio of 47.78.

 Citichem India IPONACDAC Infrastructure IPO
Financials

Citichem India Limited Financial Information (Restated)

Citichem India Limited's revenue decreased by -6% and profit after tax (PAT) rose by 208% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,851.566,932.797,972.539,142.69
Total Income149.071,960.582,094.078,528
Profit After Tax19.95111.8336.2623.94
Net Worth745.06725.11613.27577.01
Reserves and Surplus245.06225.11113.2777.01
Total Borrowing108.21108.21109.65110.62
Amount in ₹ Lakhs

NACDAC Infrastructure Limited Financial Information (Restated)

NACDAC Infrastructure Limited's revenue increased by 209.49% and profit after tax (PAT) rose by 464.38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets3,022.782,459.761,246.09900.80
Total Income1,376.223,633.221,173.921,032.10
Profit After Tax160.42316.9056.1531.55
Net Worth1,361.221,200.80581.20487.77
Reserves and Surplus594.71434.29117.0547.19
Total Borrowing811.17643.249.49189.92
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)83.2595.9
Promoter Shareholding (Post-Issue)61.2167.13
P/E Ratio31.347.78
Market Cap₹47.60 Cr.₹36.84 Cr.
ROE15.42%35.57%
ROCE21.47%25.88%
Debt/Equity0.150.54
EPS₹2.24₹0.73
RoNW15.42%26.39%

Shares Offered

In the Citichem India IPO Retail Individual Investors (RII) are offered 8,54,000 shares while in NACDAC Infrastructure IPO retail investors are offered 8,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Citichem India IPO and 5,20,000 shares in NACDAC Infrastructure IPO.

 Citichem India IPONACDAC Infrastructure IPO
Anchor Investor Reserveration7,80,000 shares
Market Maker Reserveration92,000 shares2,20,000 shares
QIB5,20,000 shares
NII8,54,000 shares4,00,000 shares
RII8,54,000 shares9,40,000 shares
Employee
Others
Total17,08,000 shares26,40,000 shares

Bids Received (Subscription)

Citichem India IPO subscribed 414.35x in total, whereas NACDAC Infrastructure IPO subscribed 2,209.76x.

 Citichem India IPONACDAC Infrastructure IPO
QIB (times)236.39x
NII (times)277.88x4,084.46x
Big NII (times)
Small NII (times)
RII (times)543.18x2,503.66x
Employee (times)
Other (times)
Total (times)414.35x2,209.76x