Comparison between Ideal Technoplast IPO and Solve Plastic Products IPO.
Ideal Technoplast IPO is a SME Fixed Price IPO proposed to list at NSE SME while Solve Plastic Products IPO is a SME Fixed Price proposed to list at NSE SME.
| Ideal Technoplast IPO | Solve Plastic Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swastika Investmart Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Black Fox Financial Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ideal Technoplast IPO is up to ₹15.22 Cr whereas the issue size of the Solve Plastic Products IPO is up to ₹11.25 Cr. The final issue price of Ideal Technoplast IPO is ₹121.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.
| Ideal Technoplast IPO | Solve Plastic Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹121.00 per share | ₹91.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 12,58,000 shares | 12,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.22 Cr | up to ₹11.25 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 | 12,58,000 shares | 12,36,000 shares |
| Issue Size Total (Amount) | up to ₹15.22 Cr | up to ₹11.25 Cr |
Ideal Technoplast IPO opens on Aug 21, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of Ideal Technoplast IPO and Solve Plastic Products IPO is Aug 23, 2024, and Aug 16, 2024, respectively.
| Ideal Technoplast IPO | Solve Plastic Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 21, 2024 | Aug 13, 2024 |
| Issue Close | Aug 23, 2024 | Aug 16, 2024 |
| Basis Of Allotment (Tentative) | Aug 26, 2024 | Aug 19, 2024 |
| Initiation of Refunds (Tentative) | Aug 27, 2024 | Aug 20, 2024 |
| Credit of Share (Tentative) | Aug 27, 2024 | Aug 20, 2024 |
| Listing date (Tentative) | Aug 28, 2024 | Aug 21, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ideal Technoplast IPO P/E ratio is 12.47, as compared to Solve Plastic Products IPO P/E ratio of 23.2.
| Ideal Technoplast IPO | Solve Plastic Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Ideal Technoplast Industries Limited Financial Information (Restated)
| Solve Plastic Products Limited Financial Information (Restated)Solve Plastic Products Limited's revenue decreased by -24% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 90.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.50 | 63.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.47 | 23.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹60.50 Cr. | ₹39.75 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.70 | ₹3.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.95 | 32.47% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ideal Technoplast IPO Retail Individual Investors (RII) are offered 6,31,000 shares while in Solve Plastic Products IPO retail investors are offered 6,31,000 shares. Qualified Institutional Buyers (QIB) are offered in Ideal Technoplast IPO and in Solve Plastic Products IPO.
| Ideal Technoplast IPO | Solve Plastic Products IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 67,000 shares | 66,000 shares |
| QIB | ||
| NII | 6,27,000 shares | 6,18,000 shares |
| RII | 6,31,000 shares | 6,18,000 shares |
| Employee | ||
| Others | ||
| Total | 12,58,000 shares | 12,36,000 shares |
Ideal Technoplast IPO subscribed 116.75x in total, whereas Solve Plastic Products IPO subscribed 34.23x.
| Ideal Technoplast IPO | Solve Plastic Products IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 108.49x | 19.47x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 115.57x | 46.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 116.75x | 34.23x |
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