Neev Credit IPO vs Shri Hare-Krishna Sponge Iron IPO

Comparison between Neev Credit IPO and Shri Hare-Krishna Sponge Iron IPO.

IPO Details

Neev Credit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shri Hare-Krishna Sponge Iron IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Neev Credit IPO is up to ₹15.00 Cr whereas the issue size of the Shri Hare-Krishna Sponge Iron IPO is up to ₹28.39 Cr. The final issue price of Neev Credit IPO is and of Shri Hare-Krishna Sponge Iron IPO is ₹59.00 per share.

 Neev Credit IPOShri Hare-Krishna Sponge Iron IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share
Issue Price (Upper)₹59.00 per share
Issue Price (Final)₹59.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size0 shares48,12,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹28.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total0 shares48,12,000 shares
Issue Size Total (Amount)up to ₹15.00 Crup to ₹28.39 Cr

IPO Timetable

Neev Credit IPO opens on , while Shri Hare-Krishna Sponge Iron IPO opens on Jun 24, 2025. The closing date of Neev Credit IPO and Shri Hare-Krishna Sponge Iron IPO is , and Jun 26, 2025, respectively.

Financials & KPIs

Neev Credit IPO P/E ratio is , as compared to Shri Hare-Krishna Sponge Iron IPO P/E ratio of 9.06.

 Neev Credit IPOShri Hare-Krishna Sponge Iron IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets26.3424.8823.44
Total Income14.143.893.20
Profit After Tax2.230.060.00
NET Worth6.494.714.66
Total Borrowing17.6218.2214.43
Amount in ₹ Crore

Company Financials (Restated)

Shri Hare-Krishna Sponge Iron Ltd.'s revenue decreased by 2% and profit after tax (PAT) dropped by 10% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets93.1675.7458.58
Total Income83.6084.9395.25
Profit After Tax9.2010.1710.53
EBITDA10.7812.1113.97
NET Worth73.5964.3954.22
Reserves and Surplus59.4750.2740.10
Total Borrowing11.397.240.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.46100
Promoter Shareholding (Post-Issue)73.58
P/E Ratio9.06
Market Cap₹113.23 Cr.
ROE31.8613.33
ROCE14.70
Debt/Equity0.15
EPS₹6.51
RoNW34.3412.51

Shares Offered

In the Neev Credit IPO Retail Individual Investors (RII) are offered while in Shri Hare-Krishna Sponge Iron IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Neev Credit IPO and 9,62,000 shares in Shri Hare-Krishna Sponge Iron IPO.

 Neev Credit IPOShri Hare-Krishna Sponge Iron IPO
Anchor Investor Reservation14,40,000 shares
Market Maker Reservation2,58,000 shares
QIB9,62,000 shares
NII7,24,000 shares
RII16,86,000 shares
Employee
Others
Total48,12,000 shares

Bids Received (Subscription)

Neev Credit IPO subscribed in total, whereas Shri Hare-Krishna Sponge Iron IPO subscribed 6.84x.

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