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Indian Emulsifiers IPO vs Premier Roadlines IPO

Comparison between Indian Emulsifiers IPO and Premier Roadlines IPO.

IPO Details

Indian Emulsifiers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Premier Roadlines IPO is a SME Bookbuilding proposed to list at NSE SME.

 Indian Emulsifiers IPOPremier Roadlines IPO
LogoIndian Emulsifiers IPO LogoPremier Roadlines IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersEkadrisht Capital Pvt.Ltd.Hem Securities Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Indian Emulsifiers IPO is up to ₹40.26 Cr whereas the issue size of the Premier Roadlines IPO is up to ₹38.32 Cr. The final issue price of Indian Emulsifiers IPO is ₹132.00 per share and of Premier Roadlines IPO is ₹67.00 per share.

 Indian Emulsifiers IPOPremier Roadlines IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹125.00 per share₹63.00 per share
Issue Price (Upper)₹132.00 per share₹67.00 per share
Issue Price (Final)₹132.00 per share₹67.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size30,50,000 shares57,20,000 shares
Fresh Issue Size (Amount)up to ₹40.26 Crup to ₹38.32 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,50,000 shares57,20,000 shares
Issue Size Total (Amount)up to ₹40.26 Crup to ₹38.32 Cr

IPO Timetable

Indian Emulsifiers IPO opens on May 13, 2024, while Premier Roadlines IPO opens on May 10, 2024. The closing date of Indian Emulsifiers IPO and Premier Roadlines IPO is May 16, 2024, and May 14, 2024, respectively.

 Indian Emulsifiers IPOPremier Roadlines IPO
Anchor Bid DateMay 10, 2024May 09, 2024
Issue OpenMay 13, 2024May 10, 2024
Issue CloseMay 16, 2024May 14, 2024
Basis Of Allotment (Tentative)May 17, 2024May 15, 2024
Initiation of Refunds (Tentative)May 21, 2024May 16, 2024
Credit of Share (Tentative)May 21, 2024May 16, 2024
Listing date (Tentative)May 22, 2024May 17, 2024
Anchor Lockin End date 1Jun 16, 2024Jun 14, 2024
Anchor Lockin End date 2Aug 15, 2024Aug 13, 2024

Financials & KPIs

Indian Emulsifiers IPO P/E ratio is 30.54, as compared to Premier Roadlines IPO P/E ratio of 15.7.

 Indian Emulsifiers IPOPremier Roadlines IPO
Financials

Indian Emulsifier Limited Financial Information (Restated Standalone)

Indian Emulsifier Limited's revenue increased by 132.9% and profit after tax (PAT) rose by 8935.73% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets6,176.633,432.261,910.2259.72
Total Income4,870.164,118.351,768.31
Profit After Tax675.01389.444.31-0.37
Net Worth2,636.351,204.35814.940.63
Reserves and Surplus1,735.22393.343.93-0.37
Total Borrowing2,244.452,030.441,068.5458.91
Amount in ₹ Lakhs

Premier Roadlines Limited Financial Information (Restated Standalone)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets8,699.127,410.765,144.624,578.82
Total Income17,420.7119,205.6013,868.819,415.78
Profit After Tax874.67718.50388.60155.39
Net Worth3,577.832,703.171,984.671,596.07
Reserves and Surplus1,893.982,550.091,831.591,442.99
Total Borrowing3,707.933,677.262,354.822,379.01
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)65.25100.00
Promoter Shareholding (Post-Issue)48.1173.65
P/E Ratio30.5415.7
Market Cap₹161.33 Cr.₹153.18 Cr.
ROE25.61%27.85%
ROCE38.03%20.05%
Debt/Equity0.511.04
EPS₹4.32₹4.27
RoNW25.60%24.45%

Shares Offered

In the Indian Emulsifiers IPO Retail Individual Investors (RII) are offered 10,70,000 shares while in Premier Roadlines IPO retail investors are offered 10,70,000 shares. Qualified Institutional Buyers (QIB) are offered 6,10,000 shares in Indian Emulsifiers IPO and 11,44,000 shares in Premier Roadlines IPO.

 Indian Emulsifiers IPOPremier Roadlines IPO
Anchor Investor Reserveration9,10,000 shares17,14,000 shares
Market Maker Reserveration1,61,000 shares3,04,000 shares
QIB6,10,000 shares11,44,000 shares
NII4,60,000 shares8,58,000 shares
RII10,70,000 shares20,04,000 shares
Employee
Others
Total30,50,000 shares57,20,000 shares

Bids Received (Subscription)

Indian Emulsifiers IPO subscribed 460.07x in total, whereas Premier Roadlines IPO subscribed 117.57x.

 Indian Emulsifiers IPOPremier Roadlines IPO
QIB (times)175.95x89.95x
NII (times)779.63x180.25x
Big NII (times)
Small NII (times)
RII (times)484.66x106.50x
Employee (times)
Other (times)
Total (times)460.07x117.57x