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Empyrean Cashews IPO vs Sunrise Efficient Marketing IPO

Comparison between Empyrean Cashews IPO and Sunrise Efficient Marketing IPO.

IPO Details

Empyrean Cashews IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sunrise Efficient Marketing IPO is a SME Fixed Price proposed to list at BSE SME.

 Empyrean Cashews IPOSunrise Efficient Marketing IPO
LogoEmpyrean Cashews IPO LogoSunrise Efficient Marketing IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSystematix Corporate Services Ltd.Fedex Securities Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSystematix Shares & Stocks (India) Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Empyrean Cashews IPO is up to ₹18.44 Cr whereas the issue size of the Sunrise Efficient Marketing IPO is up to ₹15.75 Cr. The final issue price of Empyrean Cashews IPO is ₹37.00 per share and of Sunrise Efficient Marketing IPO is ₹121.00 per share.

 Empyrean Cashews IPOSunrise Efficient Marketing IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹37.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1000 shares
Fresh Issue Size49,83,000 shares13,02,000 shares
Fresh Issue Size (Amount)up to ₹18.44 Crup to ₹15.75 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,83,000 shares13,02,000 shares
Issue Size Total (Amount)up to ₹18.44 Crup to ₹15.75 Cr

IPO Timetable

Empyrean Cashews IPO opens on Mar 21, 2022, while Sunrise Efficient Marketing IPO opens on Mar 30, 2022. The closing date of Empyrean Cashews IPO and Sunrise Efficient Marketing IPO is Mar 23, 2022, and Apr 05, 2022, respectively.

 Empyrean Cashews IPOSunrise Efficient Marketing IPO
Anchor Bid Date
Issue OpenMar 21, 2022Mar 30, 2022
Issue CloseMar 23, 2022Apr 05, 2022
Basis Of Allotment (Tentative)Mar 28, 2022Apr 08, 2022
Initiation of Refunds (Tentative)Mar 30, 2022Apr 11, 2022
Credit of Share (Tentative)Mar 30, 2022Apr 12, 2022
Listing date (Tentative)Mar 31, 2022Apr 12, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Empyrean Cashews IPO P/E ratio is 25.69, as compared to Sunrise Efficient Marketing IPO P/E ratio of 9.7.

 Empyrean Cashews IPOSunrise Efficient Marketing IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
  31-Oct-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 2,191.20 2,156.19 1,641.48 1,610.58
Total Revenue 2,722.71 2,858.08 4,438.69 5,047.27
Profit After Tax 166.69 66.74 95.60 64.95
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
  30-Sep-21 31-Mar-21
Total Assets 2,279.36 1,651.16
Total Revenue 3,006.79 2,618.52
Profit After Tax 312.36 18.37
Promoter Shareholding (Pre-Issue)56.9999.99
Promoter Shareholding (Post-Issue)41.8872.40
P/E Ratio25.699.7
Market Cap₹73.24 Cr.₹60.50 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Empyrean Cashews IPO Retail Individual Investors (RII) are offered 24,91,500 shares while in Sunrise Efficient Marketing IPO retail investors are offered 24,91,500 shares. Qualified Institutional Buyers (QIB) are offered in Empyrean Cashews IPO and in Sunrise Efficient Marketing IPO.

 Empyrean Cashews IPOSunrise Efficient Marketing IPO
Anchor Investor Reserveration
Market Maker Reserveration2,64,000 shares78,000 shares
QIB
NII24,91,500 shares6,51,000 shares
RII24,91,500 shares6,51,000 shares
Employee
Others
Total49,83,000 shares13,02,000 shares

Bids Received (Subscription)

Empyrean Cashews IPO subscribed 2.28x in total, whereas Sunrise Efficient Marketing IPO subscribed 1.46x.

 Empyrean Cashews IPOSunrise Efficient Marketing IPO
QIB (times)
NII (times)2.92x1.78x
Big NII (times)
Small NII (times)
RII (times)1.63x1.13x
Employee (times)
Other (times)
Total (times)2.28x1.46x