Comparison between Innomet Advanced Materials IPO and SPP Polymer IPO.
Innomet Advanced Materials IPO is a SME Fixed Price IPO proposed to list at NSE SME while SPP Polymer IPO is a SME Fixed Price proposed to list at NSE SME.
| Innomet Advanced Materials IPO | SPP Polymer IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Expert Global Consultants Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | B.N.Rathi Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Innomet Advanced Materials IPO is up to ₹32.52 Cr whereas the issue size of the SPP Polymer IPO is up to ₹23.25 Cr. The final issue price of Innomet Advanced Materials IPO is ₹100.00 per share and of SPP Polymer IPO is ₹59.00 per share.
| Innomet Advanced Materials IPO | SPP Polymer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹100.00 per share | ₹59.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 32,52,000 shares | 39,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.52 Cr | up to ₹23.25 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 | 32,52,000 shares | 39,40,000 shares |
| Issue Size Total (Amount) | up to ₹32.52 Cr | up to ₹23.25 Cr |
Innomet Advanced Materials IPO opens on Sep 11, 2024, while SPP Polymer IPO opens on Sep 10, 2024. The closing date of Innomet Advanced Materials IPO and SPP Polymer IPO is Sep 13, 2024, and Sep 12, 2024, respectively.
| Innomet Advanced Materials IPO | SPP Polymer IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 11, 2024 | Sep 10, 2024 |
| Issue Close | Sep 13, 2024 | Sep 12, 2024 |
| Basis Of Allotment (Tentative) | Sep 16, 2024 | Sep 13, 2024 |
| Initiation of Refunds (Tentative) | Sep 17, 2024 | Sep 16, 2024 |
| Credit of Share (Tentative) | Sep 17, 2024 | Sep 16, 2024 |
| Listing date (Tentative) | Sep 18, 2024 | Sep 17, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Innomet Advanced Materials IPO P/E ratio is 37.78, as compared to SPP Polymer IPO P/E ratio of 66.72.
| Innomet Advanced Materials IPO | SPP Polymer IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.52 | 94.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 54.8 | 69.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.78 | 66.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹129.40 Cr. | ₹90.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.37 | 8.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.27 | 4.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.27 | 0.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.65 | ₹0.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.11 | 3.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innomet Advanced Materials IPO Retail Individual Investors (RII) are offered 16,26,000 shares while in SPP Polymer IPO retail investors are offered 16,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Innomet Advanced Materials IPO and in SPP Polymer IPO.
| Innomet Advanced Materials IPO | SPP Polymer IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,71,600 shares | 2,10,000 shares |
| QIB | ||
| NII | 16,26,000 shares | 19,70,000 shares |
| RII | 16,26,000 shares | 19,70,000 shares |
| Employee | ||
| Others | ||
| Total | 32,52,000 shares | 39,40,000 shares |
Innomet Advanced Materials IPO subscribed 297.37x in total, whereas SPP Polymer IPO subscribed 41.11x.
| Innomet Advanced Materials IPO | SPP Polymer IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 367.77x | 22.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 226.97x | 59.87x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 297.37x | 41.11x |
