Comparison between Party Cruisers IPO and Shine Fashions IPO.
Party Cruisers IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shine Fashions IPO is a SME Fixed Price proposed to list at BSE SME.
| Party Cruisers IPO | Shine Fashions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | First Overseas Capital Ltd. | Shreni Shares Ltd. |
| Registrar | Kfin Technologies Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Party Cruisers IPO is up to ₹7.36 Cr whereas the issue size of the Shine Fashions IPO is up to ₹1.51 Cr. The final issue price of Party Cruisers IPO is ₹51.00 per share and of Shine Fashions IPO is ₹40.00 per share.
| Party Cruisers IPO | Shine Fashions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹51.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 14,44,000 shares | 3,78,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.36 Cr | up to ₹1.51 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 | 14,44,000 shares | 3,78,000 shares |
| Issue Size Total (Amount) | up to ₹7.36 Cr | up to ₹1.51 Cr |
Party Cruisers IPO opens on Feb 22, 2021, while Shine Fashions IPO opens on Oct 22, 2020. The closing date of Party Cruisers IPO and Shine Fashions IPO is Feb 25, 2021, and Oct 26, 2020, respectively.
| Party Cruisers IPO | Shine Fashions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 22, 2021 | Oct 22, 2020 |
| Issue Close | Feb 25, 2021 | Oct 26, 2020 |
| Basis Of Allotment (Tentative) | Mar 02, 2021 | |
| Initiation of Refunds (Tentative) | Mar 03, 2021 | |
| Credit of Share (Tentative) | Mar 04, 2021 | |
| Listing date (Tentative) | Mar 05, 2021 | Nov 02, 2020 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Party Cruisers IPO P/E ratio is , as compared to Shine Fashions IPO P/E ratio of .
| Party Cruisers IPO | Shine Fashions IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 94.30 | 99.98 | ||||
| Promoter Shareholding (Post-Issue) | 68.71 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹28.56 Cr. | ₹5.60 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Party Cruisers IPO Retail Individual Investors (RII) are offered 7,22,000 shares while in Shine Fashions IPO retail investors are offered 7,22,000 shares. Qualified Institutional Buyers (QIB) are offered in Party Cruisers IPO and in Shine Fashions IPO.
| Party Cruisers IPO | Shine Fashions IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 76,000 shares | 21,000 shares |
| QIB | ||
| NII | 7,22,000 shares | 1,89,000 shares |
| RII | 7,22,000 shares | 1,89,000 shares |
| Employee | ||
| Others | ||
| Total | 14,44,000 shares | 3,78,000 shares |
Party Cruisers IPO subscribed 1.30x in total, whereas Shine Fashions IPO subscribed 1.73x.
| Party Cruisers IPO | Shine Fashions IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.34x | 1.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.26x | 1.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 1.73x |
