Comparison between Indong Tea IPO and Shera Energy IPO.
Indong Tea IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
| Indong Tea IPO | Shera Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Holani Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indong Tea IPO is up to ₹12.36 Cr whereas the issue size of the Shera Energy IPO is up to ₹32.92 Cr. The final issue price of Indong Tea IPO is ₹26.00 per share and of Shera Energy IPO is ₹57.00 per share.
| Indong Tea IPO | Shera Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹55.00 per share | |
| Issue Price (Upper) | ₹57.00 per share | |
| Issue Price (Final) | ₹26.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 47,52,000 shares | 6,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.36 Cr | up to ₹3.69 Cr |
| OFS Issue Size | 0 shares | 51,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹29.23 Cr |
| Issue Size Total | 47,52,000 shares | 57,76,000 shares |
| Issue Size Total (Amount) | up to ₹12.36 Cr | up to ₹32.92 Cr |
Indong Tea IPO opens on Feb 09, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Indong Tea IPO and Shera Energy IPO is Feb 13, 2023, and Feb 09, 2023, respectively.
| Indong Tea IPO | Shera Energy IPO | |
|---|---|---|
| Anchor Bid Date | Feb 06, 2023 | |
| Issue Open | Feb 09, 2023 | Feb 07, 2023 |
| Issue Close | Feb 13, 2023 | Feb 09, 2023 |
| Basis Of Allotment (Tentative) | Feb 16, 2023 | Feb 14, 2023 |
| Initiation of Refunds (Tentative) | Feb 17, 2023 | Feb 15, 2023 |
| Credit of Share (Tentative) | Feb 20, 2023 | Feb 16, 2023 |
| Listing date (Tentative) | Feb 21, 2023 | Feb 17, 2023 |
| Anchor Lockin End date 1 | Mar 16, 2023 | |
| Anchor Lockin End date 2 | May 15, 2023 |
Indong Tea IPO P/E ratio is 9.52, as compared to Shera Energy IPO P/E ratio of 15.16.
| Indong Tea IPO | Shera Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials |
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| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.09 | 66.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.03 | 63.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.52 | 15.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹39.00 Cr. | ₹129.89 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indong Tea IPO Retail Individual Investors (RII) are offered 23,76,000 shares while in Shera Energy IPO retail investors are offered 23,76,000 shares. Qualified Institutional Buyers (QIB) are offered in Indong Tea IPO and 10,06,000 shares in Shera Energy IPO.
| Indong Tea IPO | Shera Energy IPO | |
|---|---|---|
| Anchor Investor Reserveration | 15,00,000 shares | |
| Market Maker Reserveration | 5,04,000 shares | 4,00,000 shares |
| QIB | 10,06,000 shares | |
| NII | 23,76,000 shares | 8,20,000 shares |
| RII | 23,76,000 shares | 18,50,000 shares |
| Employee | 6,00,000 shares | |
| Others | ||
| Total | 47,52,000 shares | 57,76,000 shares |
Indong Tea IPO subscribed 4.97x in total, whereas Shera Energy IPO subscribed 47.36x.
| Indong Tea IPO | Shera Energy IPO | |
|---|---|---|
| QIB (times) | 8.73x | |
| NII (times) | 2.17x | 190.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.76x | 51.30x |
| Employee (times) | 1.46x | |
| Other (times) | ||
| Total (times) | 4.97x | 47.36x |
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