Comparison between Owais Metal IPO and Sadhav Shipping IPO.
Owais Metal IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sadhav Shipping IPO is a SME Fixed Price proposed to list at NSE SME.
| Owais Metal IPO | Sadhav Shipping IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | ISK Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Owais Metal IPO is up to ₹39.70 Cr whereas the issue size of the Sadhav Shipping IPO is up to ₹36.25 Cr. The final issue price of Owais Metal IPO is ₹87.00 per share and of Sadhav Shipping IPO is ₹95.00 per share.
| Owais Metal IPO | Sadhav Shipping IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | |
| Issue Price (Upper) | ₹87.00 per share | |
| Issue Price (Final) | ₹87.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 45,63,200 shares | 38,16,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.70 Cr | up to ₹36.25 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 | 45,63,200 shares | 38,16,000 shares |
| Issue Size Total (Amount) | up to ₹39.70 Cr | up to ₹36.25 Cr |
Owais Metal IPO opens on Feb 26, 2024, while Sadhav Shipping IPO opens on Feb 23, 2024. The closing date of Owais Metal IPO and Sadhav Shipping IPO is Feb 28, 2024, and Feb 27, 2024, respectively.
| Owais Metal IPO | Sadhav Shipping IPO | |
|---|---|---|
| Anchor Bid Date | Feb 23, 2024 | |
| Issue Open | Feb 26, 2024 | Feb 23, 2024 |
| Issue Close | Feb 28, 2024 | Feb 27, 2024 |
| Basis Of Allotment (Tentative) | Feb 29, 2024 | Feb 28, 2024 |
| Initiation of Refunds (Tentative) | Mar 01, 2024 | Feb 29, 2024 |
| Credit of Share (Tentative) | Mar 01, 2024 | Feb 29, 2024 |
| Listing date (Tentative) | Mar 04, 2024 | Mar 01, 2024 |
| Anchor Lockin End date 1 | Mar 30, 2024 | |
| Anchor Lockin End date 2 | May 29, 2024 |
Owais Metal IPO P/E ratio is 21.35, as compared to Sadhav Shipping IPO P/E ratio of 12.66.
| Owais Metal IPO | Sadhav Shipping IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Owais Metal and Mineral Processing Limited Financial Information (Restated)
| Sadhav Shipping Limited Financial Information (Restated)Sadhav Shipping Limited's revenue increased by 13.08% and profit after tax (PAT) rose by 157.68% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 96.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01 | 69.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.35 | 12.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.19 Cr. | ₹136.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -5.35% | 20.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.36% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹7.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -22.22% | 18.94% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Owais Metal IPO Retail Individual Investors (RII) are offered 15,98,400 shares while in Sadhav Shipping IPO retail investors are offered 15,98,400 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Owais Metal IPO and in Sadhav Shipping IPO.
| Owais Metal IPO | Sadhav Shipping IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,68,000 shares | |
| Market Maker Reserveration | 3,44,000 shares | 2,02,800 shares |
| QIB | 9,12,000 shares | |
| NII | 6,84,800 shares | 19,08,000 shares |
| RII | 15,98,400 shares | 19,08,000 shares |
| Employee | ||
| Others | ||
| Total | 45,63,200 shares | 38,16,000 shares |
Owais Metal IPO subscribed 221.18x in total, whereas Sadhav Shipping IPO subscribed 135.69x.
| Owais Metal IPO | Sadhav Shipping IPO | |
|---|---|---|
| QIB (times) | 92.06x | |
| NII (times) | 329.36x | 184.58x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 248.50x | 65.52x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 221.18x | 135.69x |
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