Comparison between Owais Metal IPO and Sadhav Shipping IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 | |
Financials & KPIs
Owais Metal IPO P/E ratio is 21.35, as compared to Sadhav Shipping IPO P/E ratio of 12.66.
Shares Offered
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 Reservation | 13,68,000 shares | |
| Market Maker Reservation | 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 |
| Total | 45,63,200 shares | 38,16,000 shares |
Bids Received (Subscription)
Owais Metal IPO subscribed 154.87x in total, whereas Sadhav Shipping IPO subscribed 125.05x.
