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Shri Balaji Valve Components IPO vs Manoj Ceramic IPO

Comparison between Shri Balaji Valve Components IPO and Manoj Ceramic IPO.

IPO Details

Shri Balaji Valve Components IPO is a SME Fixed Price IPO proposed to list at BSE SME while Manoj Ceramic IPO is a SME Fixed Price proposed to list at BSE SME.

 Shri Balaji Valve Components IPOManoj Ceramic IPO
LogoShri Balaji Valve Components IPO LogoManoj Ceramic IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Swaraj shares & securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shri Balaji Valve Components IPO is up to ₹20.46 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of Shri Balaji Valve Components IPO is ₹100.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.

 Shri Balaji Valve Components IPOManoj Ceramic IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹100.00 per share
Issue Price (Final)₹100.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size20,46,000 shares22,16,000 shares
Fresh Issue Size (Amount)up to ₹20.46 Crup to ₹13.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,46,000 shares22,16,000 shares
Issue Size Total (Amount)up to ₹20.46 Crup to ₹13.74 Cr

IPO Timetable

Shri Balaji Valve Components IPO opens on Dec 27, 2023, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of Shri Balaji Valve Components IPO and Manoj Ceramic IPO is Dec 29, 2023, and Dec 29, 2023, respectively.

 Shri Balaji Valve Components IPOManoj Ceramic IPO
Anchor Bid DateDec 26, 2023
Issue OpenDec 27, 2023Dec 27, 2023
Issue CloseDec 29, 2023Dec 29, 2023
Basis Of Allotment (Tentative)Jan 01, 2024Jan 01, 2024
Initiation of Refunds (Tentative)Jan 02, 2024Jan 02, 2024
Credit of Share (Tentative)Jan 02, 2024Jan 02, 2024
Listing date (Tentative)Jan 03, 2024Jan 03, 2024
Anchor Lockin End date 1Jan 31, 2024
Anchor Lockin End date 2Mar 31, 2024

Financials & KPIs

Shri Balaji Valve Components IPO P/E ratio is 9.33, as compared to Manoj Ceramic IPO P/E ratio of 0.26.

 Shri Balaji Valve Components IPOManoj Ceramic IPO
Financials

Shri Balaji Valve Component Limited Financial Information (Restated)

Shri Balaji Valve Component Limited's revenue increased by 61.14% and profit after tax (PAT) rose by 319.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,132.005,023.023,973.461,758.63
Total Income1,654.646,294.103,906.051,616.49
Profit After Tax184.84643.15153.47-3.22
Net Worth975.66789.14144.64-10.85
Reserves and Surplus377.01790.85147.70-5.77
Total Borrowing2,879.492,877.992,799.711,399.54
Amount in ₹ Lakhs

Manoj Ceramic Limited Financial Information (Restated)

Manoj Ceramic Limited's revenue increased by 66.54% and profit after tax (PAT) rose by 283.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,491.237,787.645,866.526,074.55
Total Income4,374.547,493.484,499.623,730.84
Profit After Tax301.75362.4394.508.24
Net Worth1,610.051,310.05947.62853.11
Reserves and Surplus760.05910.05547.62453.11
Total Borrowing5,862.725,054.973,495.833,926.16
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10099.55
Promoter Shareholding (Post-Issue)73.5371.67
P/E Ratio9.330.26
Market Cap₹81.60 Cr.₹51.67 Cr.
ROE136.76%
ROCE26.47%
Debt/Equity3.633.86
EPS₹10.72₹241.62
RoNW81.50%27.67%

Shares Offered

In the Shri Balaji Valve Components IPO Retail Individual Investors (RII) are offered 7,16,400 shares while in Manoj Ceramic IPO retail investors are offered 7,16,400 shares. Qualified Institutional Buyers (QIB) are offered 4,09,200 shares in Shri Balaji Valve Components IPO and in Manoj Ceramic IPO.

 Shri Balaji Valve Components IPOManoj Ceramic IPO
Anchor Investor Reserveration6,13,200 shares
Market Maker Reserveration1,14,000 shares1,18,000 shares
QIB4,09,200 shares
NII3,07,200 shares11,08,000 shares
RII7,16,400 shares11,08,000 shares
Employee
Others
Total20,46,000 shares22,16,000 shares

Bids Received (Subscription)

Shri Balaji Valve Components IPO subscribed 276.44x in total, whereas Manoj Ceramic IPO subscribed 9.00x.

 Shri Balaji Valve Components IPOManoj Ceramic IPO
QIB (times)70.04x
NII (times)799.70x7.28x
Big NII (times)
Small NII (times)
RII (times)169.95x10.73x
Employee (times)
Other (times)
Total (times)276.44x9.00x