Comparison between Citichem India IPO and Parmeshwar Metal IPO.
Citichem India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Parmeshwar Metal IPO is a SME Bookbuilding proposed to list at BSE SME.
| Citichem India IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Citichem India IPO is up to ₹11.96 Cr whereas the issue size of the Parmeshwar Metal IPO is up to ₹23.49 Cr. The final issue price of Citichem India IPO is ₹70.00 per share and of Parmeshwar Metal IPO is ₹61.00 per share.
| Citichem India IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹57.00 per share | |
| Issue Price (Upper) | ₹61.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 17,08,000 shares | 38,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.96 Cr | up to ₹23.49 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 | 17,08,000 shares | 38,50,000 shares |
| Issue Size Total (Amount) | up to ₹11.96 Cr | up to ₹23.49 Cr |
Citichem India IPO opens on Dec 27, 2024, while Parmeshwar Metal IPO opens on Jan 02, 2025. The closing date of Citichem India IPO and Parmeshwar Metal IPO is Dec 31, 2024, and Jan 06, 2025, respectively.
| Citichem India IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Anchor Bid Date | Jan 01, 2025 | |
| Issue Open | Dec 27, 2024 | Jan 02, 2025 |
| Issue Close | Dec 31, 2024 | Jan 06, 2025 |
| Basis Of Allotment (Tentative) | Jan 01, 2025 | Jan 07, 2025 |
| Initiation of Refunds (Tentative) | Jan 02, 2025 | Jan 08, 2025 |
| Credit of Share (Tentative) | Jan 02, 2025 | Jan 08, 2025 |
| Listing date (Tentative) | Jan 03, 2025 | Jan 09, 2025 |
| Anchor Lockin End date 1 | Feb 05, 2025 | |
| Anchor Lockin End date 2 | Apr 06, 2025 |
Citichem India IPO P/E ratio is 31.3, as compared to Parmeshwar Metal IPO P/E ratio of 9.51.
| Citichem India IPO | Parmeshwar Metal 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.
| Parmeshwar Metal Limited Financial Information (Restated)Parmeshwar Metal Limited's revenue increased by 13% and profit after tax (PAT) dropped by -19% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 83.25 | 96.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.21 | 70.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.3 | 9.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹47.60 Cr. | ₹93.37 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15.42% | 21.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.47% | 17.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.15 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.24 | ₹6.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.42% | 19.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Citichem India IPO Retail Individual Investors (RII) are offered 8,54,000 shares while in Parmeshwar Metal IPO retail investors are offered 8,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Citichem India IPO and 7,70,000 shares in Parmeshwar Metal IPO.
| Citichem India IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Anchor Investor Reserveration | 11,54,000 shares | |
| Market Maker Reserveration | 92,000 shares | 2,06,000 shares |
| QIB | 7,70,000 shares | |
| NII | 8,54,000 shares | 5,78,000 shares |
| RII | 8,54,000 shares | 13,48,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 17,08,000 shares | 38,50,000 shares |
Citichem India IPO subscribed 414.35x in total, whereas Parmeshwar Metal IPO subscribed 607.07x.
| Citichem India IPO | Parmeshwar Metal IPO | |
|---|---|---|
| QIB (times) | 177.32x | |
| NII (times) | 277.88x | 1,202.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 543.18x | 597.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 414.35x | 607.07x |
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