Comparison between Newmalayalam Steel IPO and Technichem Organics IPO.
Newmalayalam Steel IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Technichem Organics IPO is a SME Bookbuilding proposed to list at BSE SME.
| Newmalayalam Steel IPO | Technichem Organics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Khandwala Securities Ltd. | Shreni Shares Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | Shreni Shares 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 Newmalayalam Steel IPO is up to ₹39.66 Cr whereas the issue size of the Technichem Organics IPO is up to ₹23.86 Cr. The final issue price of Newmalayalam Steel IPO is ₹90.00 per share and of Technichem Organics IPO is ₹55.00 per share.
| Newmalayalam Steel IPO | Technichem Organics IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹85.00 per share | ₹52.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹55.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹55.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 44,06,400 shares | 43,38,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.66 Cr | up to ₹23.86 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 | 44,06,400 shares | 43,38,000 shares |
| Issue Size Total (Amount) | up to ₹39.66 Cr | up to ₹23.86 Cr |
Newmalayalam Steel IPO opens on Dec 19, 2024, while Technichem Organics IPO opens on Dec 31, 2024. The closing date of Newmalayalam Steel IPO and Technichem Organics IPO is Dec 23, 2024, and Jan 02, 2025, respectively.
| Newmalayalam Steel IPO | Technichem Organics IPO | |
|---|---|---|
| Anchor Bid Date | Dec 30, 2024 | |
| Issue Open | Dec 19, 2024 | Dec 31, 2024 |
| Issue Close | Dec 23, 2024 | Jan 02, 2025 |
| Basis Of Allotment (Tentative) | Dec 24, 2024 | Jan 03, 2025 |
| Initiation of Refunds (Tentative) | Dec 26, 2024 | Jan 06, 2025 |
| Credit of Share (Tentative) | Dec 26, 2024 | Jan 06, 2025 |
| Listing date (Tentative) | Dec 27, 2024 | Jan 07, 2025 |
| Anchor Lockin End date 1 | Feb 02, 2025 | |
| Anchor Lockin End date 2 | Apr 03, 2025 |
Newmalayalam Steel IPO P/E ratio is 26.67, as compared to Technichem Organics IPO P/E ratio of 14.81.
| Newmalayalam Steel IPO | Technichem Organics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.8 | 97.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.02 | 71.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 26.67 | 14.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹155.59 Cr. | ₹95.27 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.55 | 27.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.60 | 22.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.38 | ₹3.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.55 | 24.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Newmalayalam Steel IPO Retail Individual Investors (RII) are offered 19,84,000 shares while in Technichem Organics IPO retail investors are offered 19,84,000 shares. Qualified Institutional Buyers (QIB) are offered 4,41,600 shares in Newmalayalam Steel IPO and 8,68,000 shares in Technichem Organics IPO.
| Newmalayalam Steel IPO | Technichem Organics IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,98,000 shares | |
| Market Maker Reservation | 2,33,600 shares | 2,52,000 shares |
| QIB | 4,41,600 shares | 8,68,000 shares |
| NII | 19,80,800 shares | 6,52,000 shares |
| RII | 19,84,000 shares | 15,20,000 shares |
| Employee | ||
| Others | ||
| Total | 44,06,400 shares | 43,38,000 shares |
Newmalayalam Steel IPO subscribed 50.69x in total, whereas Technichem Organics IPO subscribed 425.09x.
| Newmalayalam Steel IPO | Technichem Organics IPO | |
|---|---|---|
| QIB (times) | 1.26x | 101.49x |
| NII (times) | 24.63x | 1,078.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 87.70x | 329.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 50.69x | 425.09x |
