Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

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.

 Greenhitech Ventures IPOShivam Chemicals IPO
LogoGreenhitech Ventures IPO LogoShivam Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerSpread X Securities Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 Greenhitech Ventures IPOShivam Chemicals IPO
Anchor Bid Date
Issue OpenApr 12, 2024Apr 23, 2024
Issue CloseApr 16, 2024Apr 25, 2024
Basis Of Allotment (Tentative)Apr 18, 2024Apr 26, 2024
Initiation of Refunds (Tentative)Apr 19, 2024Apr 29, 2024
Credit of Share (Tentative)Apr 19, 2024Apr 29, 2024
Listing date (Tentative)Apr 22, 2024Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

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

Greenhitech Ventures Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,677.752,708.063,188.772,378.58
Total Income335.672,504.356,611.584,007.69
Profit After Tax35.6457.23135.1424.39
Net Worth456.64315.45322.45140.99
Reserves and Surplus112.64
Total Borrowing431.71347.07150.14114.60
Amount in ₹ Lakhs

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets3,881.923,117.11
Total Income10,710.7015,658.34
Profit After Tax70.79357.44
Net Worth1,399.641,328.35
Reserves and Surplus159.641,288.85
Total Borrowing1,638.201,351.37
Amount in ₹ Lakhs
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 Reserveration
Market Maker Reserveration66,000 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.

 Greenhitech Ventures IPOShivam Chemicals IPO
QIB (times)
NII (times)921.60x4.33x
Big NII (times)
Small NII (times)
RII (times)597.41x8.88x
Employee (times)
Other (times)
Total (times)769.95x6.61x