India Shelter Finance IPO vs Pyramid Technoplast IPO

Comparison between India Shelter Finance IPO and Pyramid Technoplast IPO.

IPO Details

India Shelter Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pyramid Technoplast IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the Pyramid Technoplast IPO is up to ₹153.05 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of Pyramid Technoplast IPO is ₹166.00 per share.

 India Shelter Finance IPOPyramid Technoplast IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹469.00 per share₹151.00 per share
Issue Price (Upper)₹493.00 per share₹166.00 per share
Issue Price (Final)₹493.00 per share₹166.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size30 shares90 shares
Fresh Issue Size1,62,27,180 shares55,00,000 shares
Fresh Issue Size (Amount)up to ₹800.00 Crup to ₹91.30 Cr
OFS Issue Size81,13,588 shares37,20,000 shares
OFS Issue Size (Amount)up to ₹400.00 Crup to ₹61.75 Cr
Issue Size Total2,43,40,768 shares92,20,000 shares
Issue Size Total (Amount)up to ₹1,200.00 Crup to ₹153.05 Cr

IPO Timetable

India Shelter Finance IPO opens on Dec 13, 2023, while Pyramid Technoplast IPO opens on Aug 18, 2023. The closing date of India Shelter Finance IPO and Pyramid Technoplast IPO is Dec 15, 2023, and Aug 22, 2023, respectively.

 India Shelter Finance IPOPyramid Technoplast IPO
Anchor Bid DateDec 12, 2023Aug 17, 2023
Issue OpenDec 13, 2023Aug 18, 2023
Issue CloseDec 15, 2023Aug 22, 2023
Basis Of Allotment (Tentative)Dec 18, 2023Aug 25, 2023
Initiation of Refunds (Tentative)Dec 19, 2023Aug 28, 2023
Credit of Share (Tentative)Dec 19, 2023Aug 29, 2023
Listing date (Tentative)Dec 20, 2023Aug 29, 2023
Anchor Lockin End date 1Jan 17, 2024Sep 24, 2023
Anchor Lockin End date 2Mar 17, 2024Nov 23, 2023

Financials & KPIs

India Shelter Finance IPO P/E ratio is 28.22, as compared to Pyramid Technoplast IPO P/E ratio of 16.21.

 India Shelter Finance IPOPyramid Technoplast IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,758.684,295.593,221.222,462.64
Total Income398.58606.23459.81322.80
Profit After Tax107.35155.34128.4587.39
NET Worth1,374.971,240.531,076.13937.27
Reserves and Surplus1,335.361,197.981,033.02894.20
Total Borrowing3,272.482,973.432,059.401,480.72
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets225.78183.76153.46
Total Income482.03402.64316.18
Profit After Tax31.7626.1516.99
NET Worth107.2575.2048.85
Reserves and Surplus75.9771.2944.94
Total Borrowing55.3464.7751.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)56.75100.00
Promoter Shareholding (Post-Issue)48.1774.94
P/E Ratio28.2216.21
Market Cap₹5277.62 Cr.₹611.00 Cr.
ROE13.4%29.61%
ROCE21.37%
Debt/Equity2.12
EPS₹17.47₹10.24
RoNW13.4%29.61%

Shares Offered

In the India Shelter Finance IPO Retail Individual Investors (RII) are offered 85,19,269 shares while in Pyramid Technoplast IPO retail investors are offered 85,19,269 shares. Qualified Institutional Buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 11,06,400 shares in Pyramid Technoplast IPO.

 India Shelter Finance IPOPyramid Technoplast IPO
Anchor Investor Reservation73,02,229 shares16,59,600 shares
Market Maker Reservation
QIB48,68,154 shares11,06,400 shares
NII36,51,116 shares18,44,000 shares
RII85,19,269 shares46,10,000 shares
Employee
Others
Total2,43,40,768 shares92,20,000 shares

Bids Received (Subscription)

India Shelter Finance IPO subscribed 38.59x in total, whereas Pyramid Technoplast IPO subscribed 18.29x.

 India Shelter Finance IPOPyramid Technoplast IPO
QIB (times)94.29x9.94x
NII (times)29.97x32.24x
Big NII (times)29.77x33.81x
Small NII (times)30.37x29.09x
RII (times)10.46x14.72x
Employee (times)
Other (times)
Total (times)38.59x18.29x

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India Shelter Finance IPO Vs Pyramid Technoplast IPO