Comparison between Marinetrans IPO and Siyaram Recycling Industries IPO.
Marinetrans IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Siyaram Recycling Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
| Marinetrans IPO | Siyaram Recycling Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Marinetrans IPO is up to ₹10.36 Cr whereas the issue size of the Siyaram Recycling Industries IPO is up to ₹21.80 Cr. The final issue price of Marinetrans IPO is ₹26.00 per share and of Siyaram Recycling Industries IPO is ₹46.00 per share.
| Marinetrans IPO | Siyaram Recycling Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹43.00 per share | |
| Issue Price (Upper) | ₹46.00 per share | |
| Issue Price (Final) | ₹26.00 per share | ₹46.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 39,84,000 shares | 47,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.36 Cr | up to ₹21.80 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 | 39,84,000 shares | 47,40,000 shares |
| Issue Size Total (Amount) | up to ₹10.36 Cr | up to ₹21.80 Cr |
Marinetrans IPO opens on Nov 30, 2023, while Siyaram Recycling Industries IPO opens on Dec 14, 2023. The closing date of Marinetrans IPO and Siyaram Recycling Industries IPO is Dec 05, 2023, and Dec 18, 2023, respectively.
| Marinetrans IPO | Siyaram Recycling Industries IPO | |
|---|---|---|
| Anchor Bid Date | Dec 13, 2023 | |
| Issue Open | Nov 30, 2023 | Dec 14, 2023 |
| Issue Close | Dec 05, 2023 | Dec 18, 2023 |
| Basis Of Allotment (Tentative) | Dec 06, 2023 | Dec 19, 2023 |
| Initiation of Refunds (Tentative) | Dec 07, 2023 | Dec 20, 2023 |
| Credit of Share (Tentative) | Dec 07, 2023 | Dec 20, 2023 |
| Listing date (Tentative) | Dec 08, 2023 | Dec 21, 2023 |
| Anchor Lockin End date 1 | Jan 18, 2024 | |
| Anchor Lockin End date 2 | Mar 18, 2024 |
Marinetrans IPO P/E ratio is 14.53, as compared to Siyaram Recycling Industries IPO P/E ratio of 8.3.
| Marinetrans IPO | Siyaram Recycling Industries IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.53 | 8.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹33.09 Cr. | ₹86.47 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.00% | 17.97% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.29% | 13.42% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.35 | 1.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.79 | ₹5.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.53% | 16.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Marinetrans IPO Retail Individual Investors (RII) are offered 19,92,000 shares while in Siyaram Recycling Industries IPO retail investors are offered 19,92,000 shares. Qualified Institutional Buyers (QIB) are offered in Marinetrans IPO and 9,48,000 shares in Siyaram Recycling Industries IPO.
| Marinetrans IPO | Siyaram Recycling Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,22,000 shares | |
| Market Maker Reservation | 2,16,000 shares | 2,52,000 shares |
| QIB | 9,48,000 shares | |
| NII | 19,92,000 shares | 7,11,000 shares |
| RII | 19,92,000 shares | 16,59,000 shares |
| Employee | ||
| Others | ||
| Total | 39,84,000 shares | 47,40,000 shares |
Marinetrans IPO subscribed 33.00x in total, whereas Siyaram Recycling Industries IPO subscribed 385.19x.
| Marinetrans IPO | Siyaram Recycling Industries IPO | |
|---|---|---|
| QIB (times) | 96.43x | |
| NII (times) | 18.05x | 597.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 47.24x | 459.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 33.00x | 385.19x |
