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Chiraharit IPO vs Mittal Sections IPO

Comparison between Chiraharit IPO and Mittal Sections IPO.

IPO Details

Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mittal Sections IPO is a SME Bookbuilding proposed to list at BSE SME.

 Chiraharit IPOMittal Sections IPO
LogoChiraharit IPO LogoMittal Sections IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.Wealth Mine Networks Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market Maker
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Chiraharit IPO is up to ₹38.48 Cr whereas the issue size of the Mittal Sections IPO is up to ₹0.00 Cr. The final issue price of Chiraharit IPO is ₹26.00 per share and of Mittal Sections IPO is .

 Chiraharit IPOMittal Sections IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹26.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size4000 shares
Fresh Issue Size1,48,00,000 shares37,00,000 shares
Fresh Issue Size (Amount)up to ₹38.48 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,48,00,000 shares37,00,000 shares
Issue Size Total (Amount)up to ₹38.48 Crup to ₹0.00 Cr

IPO Timetable

Chiraharit IPO opens on , while Mittal Sections IPO opens on . The closing date of Chiraharit IPO and Mittal Sections IPO is , and , respectively.

 Chiraharit IPOMittal Sections IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Chiraharit IPO P/E ratio is 172.36, as compared to Mittal Sections IPO P/E ratio of .

 Chiraharit IPOMittal Sections IPO
Financials

Chiraharit Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets34.6525.7722.7118.4
Total Income32.6830.5733.0324.48
Profit After Tax3.810.60.420.94
Net Worth7.213.312.571.9
Reserves and Surplus6.963.062.321.65
Total Borrowing18.6816.315.9212.71
Amount in ₹ Crore

Mittal Sections Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets35.1129.0433.3732.3
Total Income68.97161.65167.53149.35
Profit After Tax2.411.890.560.6
Net Worth9.146.734.844.28
Reserves and Surplus6.524.112.211.66
Total Borrowing12.991520.3913.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.92
Promoter Shareholding (Post-Issue)72.99
P/E Ratio172.36
Market Cap₹142.48 Cr.
ROE18.20%28.13%
ROCE10.50%42.05%
Debt/Equity4.922.23
EPS₹0.15
RoNW18.20%28.13%

Shares Offered

In the Chiraharit IPO Retail Individual Investors (RII) are offered while in Mittal Sections IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Chiraharit IPO and in Mittal Sections IPO.

 Chiraharit IPOMittal Sections IPO
Anchor Investor Reserveration
Market Maker Reserveration7,40,000 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Chiraharit IPO subscribed in total, whereas Mittal Sections IPO subscribed .

 Chiraharit IPOMittal Sections IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)