Italian Edibles IPO vs Polysil Irrigation Systems IPO

Comparison between Italian Edibles IPO and Polysil Irrigation Systems IPO.

IPO Details

Italian Edibles IPO is a SME Fixed Price IPO proposed to list at NSE SME while Polysil Irrigation Systems IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Italian Edibles IPO is up to ₹25.30 Cr whereas the issue size of the Polysil Irrigation Systems IPO is up to ₹16.55 Cr. The final issue price of Italian Edibles IPO is ₹68.00 per share and of Polysil Irrigation Systems IPO is ₹54.00 per share.

 Italian Edibles IPOPolysil Irrigation Systems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹68.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size37,20,000 shares12,80,000 shares
Fresh Issue Size (Amount)up to ₹25.30 Crup to ₹6.91 Cr
OFS Issue Size0 shares17,84,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹9.63 Cr
Issue Size Total37,20,000 shares30,64,000 shares
Issue Size Total (Amount)up to ₹25.30 Crup to ₹16.55 Cr

IPO Timetable

Italian Edibles IPO opens on Feb 02, 2024, while Polysil Irrigation Systems IPO opens on Feb 08, 2024. The closing date of Italian Edibles IPO and Polysil Irrigation Systems IPO is Feb 07, 2024, and Feb 13, 2024, respectively.

Financials & KPIs

Italian Edibles IPO P/E ratio is 27.94, as compared to Polysil Irrigation Systems IPO P/E ratio of 47.08.

 Italian Edibles IPOPolysil Irrigation Systems IPO
Financials

Company Financials (Restated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets48.2541.5539.0539.46
Total Income30.5263.3075.4548.99
Profit After Tax2.102.640.800.87
NET Worth12.8810.788.145.84
Reserves and Surplus2.029.076.434.34
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets56.7155.3146.1741.78
Total Income10.2043.9237.6754.72
Profit After Tax1.101.140.340.65
NET Worth16.4615.3613.7213.38
Reserves and Surplus6.565.4613.2712.93
Total Borrowing15.6615.4714.9511.05
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0033.79
Promoter Shareholding (Post-Issue)73.4729.49
P/E Ratio27.9447.08
Market Cap₹100.48 Cr.₹61.24 Cr.
ROE24.50%7.39%
ROCE19.32%12.81%
Debt/Equity1.601.01
EPS₹2.43₹1.15
RoNW24.50%7.39%

Shares Offered

In the Italian Edibles IPO Retail Individual Investors (RII) are offered 18,60,000 shares while in Polysil Irrigation Systems IPO retail investors are offered 18,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Italian Edibles IPO and in Polysil Irrigation Systems IPO.

 Italian Edibles IPOPolysil Irrigation Systems IPO
Anchor Investor Reservation
Market Maker Reservation2,00,000 shares1,64,000 shares
QIB
NII18,60,000 shares15,32,000 shares
RII18,60,000 shares15,32,000 shares
Employee
Others
Total37,20,000 shares30,64,000 shares

Bids Received (Subscription)

Italian Edibles IPO subscribed 154.43x in total, whereas Polysil Irrigation Systems IPO subscribed 6.88x.

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Italian Edibles IPO Vs Polysil Irrigation Systems IPO