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Ideal Technoplast IPO vs Solve Plastic Products IPO

Comparison between Ideal Technoplast IPO and Solve Plastic Products IPO.

IPO Details

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 IPOSolve Plastic Products IPO
LogoIdeal Technoplast IPO LogoSolve Plastic Products IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersSwastika Investmart Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerSunflower Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOSolve Plastic Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹121.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares1200 shares
Fresh Issue Size12,58,000 shares12,36,000 shares
Fresh Issue Size (Amount)up to ₹15.22 Crup to ₹11.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,58,000 shares12,36,000 shares
Issue Size Total (Amount)up to ₹15.22 Crup to ₹11.25 Cr

IPO Timetable

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 IPOSolve Plastic Products IPO
Issue OpenAug 21, 2024Aug 13, 2024
Issue CloseAug 23, 2024Aug 16, 2024
Basis Of Allotment (Tentative)Aug 26, 2024Aug 19, 2024
Initiation of Refunds (Tentative)Aug 27, 2024Aug 20, 2024
Credit of Share (Tentative)Aug 27, 2024Aug 20, 2024
Listing date (Tentative)Aug 28, 2024Aug 21, 2024

Financials & KPIs

Ideal Technoplast IPO P/E ratio is 12.47, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

 Ideal Technoplast IPOSolve Plastic Products IPO
Financials

Company Financials (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets15.099.783.573.01
Total Income24.2412.005.685.69
Profit After Tax3.270.510.110.10
NET Worth7.431.891.381.27
Reserves and Surplus3.760.49-0.02-0.12
Total Borrowing4.575.861.471.19
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets22.1218.7418.23
Total Income47.1662.2555.78
Profit After Tax1.421.20-0.41
NET Worth4.391.930.72
Reserves and Surplus1.32-1.11-2.31
Total Borrowing11.3610.5310.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%90.22%
Promoter Shareholding (Post-Issue)73.5%63.33%
P/E Ratio12.4723.2
Market Cap₹60.50 Cr.₹39.75 Cr.
ROE43.95
ROCE32.95
Debt/Equity2.83
EPS₹9.70₹3.92
RoNW43.9532.47

Shares Offered

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 IPOSolve Plastic Products IPO
Market Maker Reservation67,000 shares66,000 shares
NII6,27,000 shares6,18,000 shares
RII6,31,000 shares6,18,000 shares
Total12,58,000 shares12,36,000 shares

Bids Received (Subscription)

Ideal Technoplast IPO subscribed 112.03x in total, whereas Solve Plastic Products IPO subscribed 33.12x.

 Ideal Technoplast IPOSolve Plastic Products IPO
NII (times)108.84x19.47x
RII (times)115.20x46.76x
Total (times)112.03x33.12x

Compare with others

Ideal Technoplast IPOSolve Plastic Products IPO
Paramatrix Technologies IPOIndian Phosphate IPO
Jay Bee Laminations IPOResourceful Automobile IPO
Rapid Multimodal Logistics IPOIdeal Technoplast IPO
Indian Phosphate IPOQVC Exports IPO
Resourceful Automobile IPOForcas Studio IPO
QVC Exports IPOBroach Lifecare Hospital IPO
Forcas Studio IPOBrace Port Logistics IPO
Solve Plastic Products IPOSunlite Recycling Industries IPO
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Brace Port Logistics IPOAesthetik Engineers IPO

Compare:

Ideal Technoplast IPO Vs Solve Plastic Products IPO