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.
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.
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 IPO | Manoj Ceramic IPO |
|---|
| Anchor Bid Date | Dec 26, 2023 | |
| Issue Open | Dec 27, 2023 | Dec 27, 2023 |
| Issue Close | Dec 29, 2023 | Dec 29, 2023 |
| Basis Of Allotment (Tentative) | Jan 01, 2024 | Jan 01, 2024 |
| Initiation of Refunds (Tentative) | Jan 02, 2024 | Jan 02, 2024 |
| Credit of Share (Tentative) | Jan 02, 2024 | Jan 02, 2024 |
| Listing date (Tentative) | Jan 03, 2024 | Jan 03, 2024 |
| Anchor Lockin End date 1 | Jan 31, 2024 | |
| Anchor Lockin End date 2 | Mar 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.
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 IPO | Manoj Ceramic IPO |
|---|
| Anchor Investor Reservation | 6,13,200 shares | |
| Market Maker Reservation | 1,14,000 shares | 1,18,000 shares |
| QIB | 4,09,200 shares | |
| NII | 3,07,200 shares | 11,08,000 shares |
| RII | 7,16,400 shares | 11,08,000 shares |
| Total | 20,46,000 shares | 22,16,000 shares |
Bids Received (Subscription)
Shri Balaji Valve Components IPO subscribed 193.59x in total, whereas Manoj Ceramic IPO subscribed 9.00x.
