Comparison between Deepak Chemtex IPO and Shanti Spintex IPO.
Deepak Chemtex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shanti Spintex IPO is a SME Bookbuilding proposed to list at BSE SME.
| Deepak Chemtex IPO | Shanti Spintex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Deepak Chemtex IPO is up to ₹21.86 Cr whereas the issue size of the Shanti Spintex IPO is up to ₹29.68 Cr. The final issue price of Deepak Chemtex IPO is ₹80.00 per share and of Shanti Spintex IPO is ₹70.00 per share.
| Deepak Chemtex IPO | Shanti Spintex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹76.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹80.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹80.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 27,32,800 shares | 24,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.86 Cr | up to ₹17.25 Cr |
| OFS Issue Size | 0 shares | 17,76,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.43 Cr |
| Issue Size Total | 27,32,800 shares | 42,40,000 shares |
| Issue Size Total (Amount) | up to ₹21.86 Cr | up to ₹29.68 Cr |
Deepak Chemtex IPO opens on Nov 29, 2023, while Shanti Spintex IPO opens on Dec 19, 2023. The closing date of Deepak Chemtex IPO and Shanti Spintex IPO is Dec 01, 2023, and Dec 21, 2023, respectively.
| Deepak Chemtex IPO | Shanti Spintex IPO | |
|---|---|---|
| Anchor Bid Date | Nov 28, 2023 | Dec 18, 2023 |
| Issue Open | Nov 29, 2023 | Dec 19, 2023 |
| Issue Close | Dec 01, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 06, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 07, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 08, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 06, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 05, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Mar 05, 2024 | Mar 21, 2024 |
Deepak Chemtex IPO P/E ratio is 10.14, as compared to Shanti Spintex IPO P/E ratio of 9.82.
| Deepak Chemtex IPO | Shanti Spintex IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.40 | 87.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.05 | 73.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.14 | 9.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹86.91 Cr. | ₹118.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 50.27% | 19.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 49.65% | 10.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.09 | 0.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.89 | ₹7.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.17% | 18.07% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Deepak Chemtex IPO Retail Individual Investors (RII) are offered 9,56,800 shares while in Shanti Spintex IPO retail investors are offered 9,56,800 shares. Qualified Institutional Buyers (QIB) are offered 5,47,200 shares in Deepak Chemtex IPO and 8,48,000 shares in Shanti Spintex IPO.
| Deepak Chemtex IPO | Shanti Spintex IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,17,600 shares | 12,72,000 shares |
| Market Maker Reservation | 1,47,200 shares | 2,24,000 shares |
| QIB | 5,47,200 shares | 8,48,000 shares |
| NII | 4,11,200 shares | 6,36,000 shares |
| RII | 9,56,800 shares | 14,84,000 shares |
| Employee | ||
| Others | ||
| Total | 27,32,800 shares | 42,40,000 shares |
Deepak Chemtex IPO subscribed 403.03x in total, whereas Shanti Spintex IPO subscribed 27.38x.
| Deepak Chemtex IPO | Shanti Spintex IPO | |
|---|---|---|
| QIB (times) | 96.80x | 14.34x |
| NII (times) | 642.25x | 57.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 475.36x | 22.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 403.03x | 27.38x |
