Greenhitech Ventures IPO vs Shivam Chemicals IPO

Comparison between Greenhitech Ventures IPO and Shivam Chemicals IPO.

IPO Details

Greenhitech Ventures IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shivam Chemicals IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Greenhitech Ventures IPO is up to ₹5.97 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Greenhitech Ventures IPO is ₹50.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

 Greenhitech Ventures IPOShivam Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹50.00 per share₹44.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size11,94,000 shares43,56,000 shares
Fresh Issue Size (Amount)up to ₹5.97 Crup to ₹19.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total11,94,000 shares43,56,000 shares
Issue Size Total (Amount)up to ₹5.97 Crup to ₹19.17 Cr

IPO Timetable

Greenhitech Ventures IPO opens on Apr 12, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Greenhitech Ventures IPO and Shivam Chemicals IPO is Apr 16, 2024, and Apr 25, 2024, respectively.

Financials & KPIs

Greenhitech Ventures IPO P/E ratio is 30.05, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

 Greenhitech Ventures IPOShivam Chemicals IPO
Financials

Company Financials (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets26.7827.0831.8923.79
Total Income3.3625.0466.1240.08
Profit After Tax0.360.571.350.24
NET Worth4.573.153.221.41
Reserves and Surplus1.13
Total Borrowing4.323.471.501.15
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets38.8231.17
Total Income107.11156.58
Profit After Tax0.713.57
NET Worth14.0013.28
Reserves and Surplus1.6012.89
Total Borrowing16.3813.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.99
Promoter Shareholding (Post-Issue)73.1973.00
P/E Ratio30.0515.26
Market Cap₹23.50 Cr.₹74.74 Cr.
ROE8.17%5.13%
ROCE17.19%6.19%
Debt/Equity0.951.17
EPS₹1.66₹2.88
RoNW7.80%5.06%

Shares Offered

In the Greenhitech Ventures IPO Retail Individual Investors (RII) are offered 5,97,000 shares while in Shivam Chemicals IPO retail investors are offered 5,97,000 shares. Qualified Institutional Buyers (QIB) are offered in Greenhitech Ventures IPO and in Shivam Chemicals IPO.

 Greenhitech Ventures IPOShivam Chemicals IPO
Anchor Investor Reservation
Market Maker Reservation66,000 shares2,31,000 shares
QIB
NII5,97,000 shares21,78,000 shares
RII5,97,000 shares21,78,000 shares
Employee
Others
Total11,94,000 shares43,56,000 shares

Bids Received (Subscription)

Greenhitech Ventures IPO subscribed 769.95x in total, whereas Shivam Chemicals IPO subscribed 6.61x.

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Greenhitech Ventures IPO Vs Shivam Chemicals IPO