Infinium Pharmachem IPO vs Nirman Agri Genetics IPO

Comparison between Infinium Pharmachem IPO and Nirman Agri Genetics IPO.

IPO Details

Infinium Pharmachem IPO is a SME Fixed Price IPO proposed to list at NSE SME while Nirman Agri Genetics IPO is a SME Fixed Price proposed to list at NSE SME.

	Infinium Pharmachem IPO	Nirman Agri Genetics 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.	First Overseas Capital Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Swastika Investmart Ltd.	NNM Securities Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Infinium Pharmachem IPO is up to ₹23.99 Cr whereas the issue size of the Nirman Agri Genetics IPO is up to ₹19.27 Cr. The final issue price of Infinium Pharmachem IPO is ₹135.00 per share and of Nirman Agri Genetics IPO is ₹99.00 per share.

	Infinium Pharmachem IPO	Nirman Agri Genetics IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹135.00 per share	₹99.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹13.50 per share
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	17,81,000 shares	19,46,400 shares
Fresh Issue Size (Amount)	up to ₹23.99 Cr	up to ₹19.27 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	17,81,000 shares	19,46,400 shares
Issue Size Total (Amount)	up to ₹23.99 Cr	up to ₹19.27 Cr

IPO Timetable

Infinium Pharmachem IPO opens on Mar 31, 2023, while Nirman Agri Genetics IPO opens on Mar 15, 2023. The closing date of Infinium Pharmachem IPO and Nirman Agri Genetics IPO is Apr 05, 2023, and Mar 20, 2023, respectively.

	Infinium Pharmachem IPO	Nirman Agri Genetics IPO
Anchor Bid Date
Issue Open	Mar 31, 2023	Mar 15, 2023
Issue Close	Apr 05, 2023	Mar 20, 2023
Basis Of Allotment (Tentative)	Apr 11, 2023	Mar 23, 2023
Initiation of Refunds (Tentative)	Apr 12, 2023	Mar 24, 2023
Credit of Share (Tentative)	Apr 13, 2023	Mar 27, 2023
Listing date (Tentative)	Apr 17, 2023	Mar 28, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Infinium Pharmachem IPO P/E ratio is 7.83, as compared to Nirman Agri Genetics IPO P/E ratio of 14.93.

Infinium Pharmachem IPO

Nirman Agri Genetics IPO

Financials

Infinium Pharmachem Private Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2,244.60	3,941.64	93.40	424.74	566.17
31-Mar-21	3,418.27	7,115.37	272.48	702.32	579.47
31-Mar-22	5,899.95	10,005.25	610.64	1,310.22	1,385.01
30-Sep-22	7,075.71	7,985.39	551.01	1,855.77	1,614.71
Amount in ₹ Lakhs

Nirman Agri Genetics Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-21	164.06	382.21	5.47	6.47	99.19
31-Mar-22	595.87	1,348.91	256.02	264.41	124.67
31-Oct-22	915.70	1,804.28	230.44	447.51	171.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

99.99

Promoter Shareholding (Post-Issue)

73.05

65.59

P/E Ratio

7.83

14.93

Market Cap

₹93.93 Cr.

₹59.01 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Infinium Pharmachem IPO Retail Individual Investors (RII) are offered 8,70,000 shares while in Nirman Agri Genetics IPO retail investors are offered 8,70,000 shares. Qualified Institutional Buyers (QIB) are offered in Infinium Pharmachem IPO and in Nirman Agri Genetics IPO.

	Infinium Pharmachem IPO	Nirman Agri Genetics IPO
Anchor Investor Reserveration
Market Maker Reserveration	94,000 shares	1,04,400 shares
QIB
NII	8,70,000 shares	9,73,200 shares
RII	8,70,000 shares	9,73,200 shares
Employee	41,000 shares
Others
Total	17,81,000 shares	19,46,400 shares

Bids Received (Subscription)

Infinium Pharmachem IPO subscribed 1.84x in total, whereas Nirman Agri Genetics IPO subscribed 1.71x.

	Infinium Pharmachem IPO	Nirman Agri Genetics IPO
QIB (times)
NII (times)	1.80x	1.22x
Big NII (times)
Small NII (times)
RII (times)	1.86x	2.20x
Employee (times)
Other (times)
Total (times)	1.84x	1.71x

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