Lead Reclaim IPO vs Shera Energy IPO

Comparison between Lead Reclaim IPO and Shera Energy IPO.

IPO Details

Lead Reclaim IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Lead Reclaim IPO is up to ₹4.62 Cr whereas the issue size of the Shera Energy IPO is up to ₹32.92 Cr. The final issue price of Lead Reclaim IPO is ₹25.00 per share and of Shera Energy IPO is ₹57.00 per share.

 Lead Reclaim IPOShera 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)₹25.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size6000 shares2000 shares
Fresh Issue Size18,48,000 shares6,48,000 shares
Fresh Issue Size (Amount)up to ₹4.62 Crup to ₹3.69 Cr
OFS Issue Size0 shares51,28,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹29.23 Cr
Issue Size Total18,48,000 shares57,76,000 shares
Issue Size Total (Amount)up to ₹4.62 Crup to ₹32.92 Cr

IPO Timetable

Lead Reclaim IPO opens on Feb 09, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Lead Reclaim IPO and Shera Energy IPO is Feb 13, 2023, and Feb 09, 2023, respectively.

 Lead Reclaim IPOShera Energy IPO
Anchor Bid DateFeb 06, 2023
Issue OpenFeb 09, 2023Feb 07, 2023
Issue CloseFeb 13, 2023Feb 09, 2023
Basis Of Allotment (Tentative)Feb 16, 2023Feb 14, 2023
Initiation of Refunds (Tentative)Feb 17, 2023Feb 15, 2023
Credit of Share (Tentative)Feb 20, 2023Feb 16, 2023
Listing date (Tentative)Feb 21, 2023Feb 17, 2023
Anchor Lockin End date 1Mar 16, 2023
Anchor Lockin End date 2May 15, 2023

Financials & KPIs

Lead Reclaim IPO P/E ratio is 25.77, as compared to Shera Energy IPO P/E ratio of 15.16.

 Lead Reclaim IPOShera Energy IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets9.957.045.955.32
Total Income4.9910.377.064.84
Profit After Tax0.360.480.230.36
NET Worth5.562.900.400.17
Reserves and Surplus2.420.680.20-0.03
Total Borrowing2.712.693.953.77
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets338.33325.24293.16277.32
Total Income339.54524.58422.72426.19
Profit After Tax4.287.005.033.61
NET Worth70.5566.7360.7656.24
Reserves and Surplus0.000.000.000.00
Total Borrowing114.38118.13105.42110.63
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)86.4866.57
Promoter Shareholding (Post-Issue)63.5163.51
P/E Ratio25.7715.16
Market Cap₹18.35 Cr.₹129.89 Cr.
ROE10.97
ROCE26.78
Debt/Equity
EPS₹3.51
RoNW10.48

Shares Offered

In the Lead Reclaim IPO Retail Individual Investors (RII) are offered 9,24,000 shares while in Shera Energy IPO retail investors are offered 9,24,000 shares. Qualified Institutional Buyers (QIB) are offered in Lead Reclaim IPO and 10,06,000 shares in Shera Energy IPO.

 Lead Reclaim IPOShera Energy IPO
Anchor Investor Reservation15,00,000 shares
Market Maker Reservation1,02,000 shares4,00,000 shares
QIB10,06,000 shares
NII9,24,000 shares8,20,000 shares
RII9,24,000 shares18,50,000 shares
Employee6,00,000 shares
Others
Total18,48,000 shares57,76,000 shares

Bids Received (Subscription)

Lead Reclaim IPO subscribed 75.98x in total, whereas Shera Energy IPO subscribed 47.36x.

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Lead Reclaim IPO Vs Shera Energy IPO