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Chiraharit IPO vs Neptune Petrochemicals IPO

Comparison between Chiraharit IPO and Neptune Petrochemicals IPO.

IPO Details

Chiraharit IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Neptune Petrochemicals IPO is a SME Bookbuilding proposed to list at NSE SME.

 Chiraharit IPONeptune Petrochemicals IPO
LogoChiraharit IPO LogoNeptune Petrochemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO 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 Neptune Petrochemicals IPO is up to ₹69.54 Cr. The final issue price of Chiraharit IPO is ₹26.00 per share and of Neptune Petrochemicals IPO is ₹122.00 per share.

 Chiraharit IPONeptune Petrochemicals IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹122.00 per share
Issue Price (Final)₹26.00 per share₹122.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1000 shares
Fresh Issue Size1,48,00,000 shares57,00,000 shares
Fresh Issue Size (Amount)up to ₹38.48 Crup to ₹69.54 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 shares57,00,000 shares
Issue Size Total (Amount)up to ₹38.48 Crup to ₹69.54 Cr

IPO Timetable

Chiraharit IPO opens on , while Neptune Petrochemicals IPO opens on May 28, 2025. The closing date of Chiraharit IPO and Neptune Petrochemicals IPO is , and May 30, 2025, respectively.

 Chiraharit IPONeptune Petrochemicals IPO
Anchor Bid DateMay 27, 2025
Issue OpenMay 28, 2025
Issue CloseMay 30, 2025
Basis Of Allotment (Tentative)Jun 02, 2025
Initiation of Refunds (Tentative)Jun 03, 2025
Credit of Share (Tentative)Jun 03, 2025
Listing date (Tentative)Jun 04, 2025
Anchor Lockin End date 1Jul 01, 2025
Anchor Lockin End date 2Aug 30, 2025

Financials & KPIs

Chiraharit IPO P/E ratio is 172.36, as compared to Neptune Petrochemicals IPO P/E ratio of 8.79.

 Chiraharit IPONeptune Petrochemicals 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

Neptune Petrochemicals Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets117.00120.95107.8897.51
Total Income620.16675.97709.3182.16
Profit After Tax19.4720.8210.390.68
Net Worth61.2331.9011.080.69
Reserves and Surplus44.5731.8911.070.68
Total Borrowing0.160.005.120.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0094.3
Promoter Shareholding (Post-Issue)72.9970.3
P/E Ratio172.368.79
Market Cap₹142.48 Cr.₹276.37 Cr.
ROE18.20%65.00%
ROCE10.50%65.00%
Debt/Equity4.92
EPS₹0.15₹13.87
RoNW18.20%65.25%

Shares Offered

In the Chiraharit IPO Retail Individual Investors (RII) are offered while in Neptune Petrochemicals IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Chiraharit IPO and 11,40,000 shares in Neptune Petrochemicals IPO.

 Chiraharit IPONeptune Petrochemicals IPO
Anchor Investor Reserveration17,09,000 shares
Market Maker Reserveration7,40,000 shares3,00,000 shares
QIB11,40,000 shares
NII8,55,000 shares
RII19,96,000 shares
Employee0 shares
Others
Total57,00,000 shares

Bids Received (Subscription)

Chiraharit IPO subscribed in total, whereas Neptune Petrochemicals IPO subscribed 4.11x.

 Chiraharit IPONeptune Petrochemicals IPO
QIB (times)7.12x
NII (times)2.91x
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)4.11x