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Patel Chem Specialities IPO vs Shree Refrigerations IPO

Comparison between Patel Chem Specialities IPO and Shree Refrigerations IPO.

IPO Details

Patel Chem Specialities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shree Refrigerations IPO is a SME Bookbuilding proposed to list at BSE SME.

 Patel Chem Specialities IPOShree Refrigerations IPO
LogoPatel Chem Specialities IPO LogoShree Refrigerations IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersUnistone Capital Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGlobalworth Securities Ltd.Mansi Share & Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Patel Chem Specialities IPO is up to ₹55.83 Cr whereas the issue size of the Shree Refrigerations IPO is up to ₹111.44 Cr. The final issue price of Patel Chem Specialities IPO is ₹84.00 per share and of Shree Refrigerations IPO is ₹125.00 per share.

 Patel Chem Specialities IPOShree Refrigerations IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹82.00 per share₹119.00 per share
Issue Price (Upper)₹84.00 per share₹125.00 per share
Issue Price (Final)₹84.00 per share₹125.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size66,46,400 shares70,90,000 shares
Fresh Issue Size (Amount)up to ₹55.83 Crup to ₹88.63 Cr
OFS Issue Size0 shares18,25,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹22.81 Cr
Issue Size Total66,46,400 shares89,15,000 shares
Issue Size Total (Amount)up to ₹55.83 Crup to ₹111.44 Cr

IPO Timetable

Patel Chem Specialities IPO opens on Jul 25, 2025, while Shree Refrigerations IPO opens on Jul 25, 2025. The closing date of Patel Chem Specialities IPO and Shree Refrigerations IPO is Jul 29, 2025, and Jul 29, 2025, respectively.

 Patel Chem Specialities IPOShree Refrigerations IPO
Anchor Bid DateJul 24, 2025Jul 24, 2025
Issue OpenJul 25, 2025Jul 25, 2025
Issue CloseJul 29, 2025Jul 29, 2025
Basis Of Allotment (Tentative)Jul 30, 2025Jul 30, 2025
Initiation of Refunds (Tentative)Jul 31, 2025Jul 31, 2025
Credit of Share (Tentative)Jul 31, 2025Jul 31, 2025
Listing date (Tentative)Aug 01, 2025Aug 01, 2025
Anchor Lockin End date 1Aug 28, 2025Aug 29, 2025
Anchor Lockin End date 2Oct 27, 2025Oct 28, 2025

Financials & KPIs

Patel Chem Specialities IPO P/E ratio is 14.21, as compared to Shree Refrigerations IPO P/E ratio of 23.81.

 Patel Chem Specialities IPOShree Refrigerations IPO
Financials

Patel Chem Specialities Ltd. Financial Information (Restated)

Patel Chem Specialities Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets65.3146.9737.08
Total Income105.5582.7269.75
Profit After Tax10.577.662.89
EBITDA15.8012.025.83
Net Worth35.4019.5211.87
Reserves and Surplus17.5318.5210.87
Total Borrowing14.8515.4611.79
Amount in ₹ Crore

Shree Refrigerations Ltd. Financial Information (Restated Consolidated)

Shree Refrigerations Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 17% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets185.60124.1194.32
Total Income99.1081.1950.90
Profit After Tax13.5511.532.57
EBITDA26.9424.3811.90
Net Worth114.7460.7245.22
Reserves and Surplus109.1355.8221.25
Total Borrowing39.7336.8032.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.1356.6
Promoter Shareholding (Post-Issue)69.7844.59
P/E Ratio14.2123.81
Market Cap₹208.91 Cr.₹445.38 Cr.
ROE29.85%15.44%
ROCE36.26%23.22%
Debt/Equity0.420.37
EPS₹5.91₹5.25
RoNW24.32%15.44%

Shares Offered

In the Patel Chem Specialities IPO Retail Individual Investors (RII) are offered 23,31,200 shares while in Shree Refrigerations IPO retail investors are offered 23,31,200 shares. Qualified Institutional Buyers (QIB) are offered 13,29,600 shares in Patel Chem Specialities IPO and 17,82,000 shares in Shree Refrigerations IPO.

 Patel Chem Specialities IPOShree Refrigerations IPO
Anchor Investor Reserveration19,87,200 shares26,73,000 shares
Market Maker Reserveration3,53,600 shares4,71,000 shares
QIB13,29,600 shares17,82,000 shares
NII9,98,400 shares13,38,000 shares
RII23,31,200 shares31,22,000 shares
Employee0 shares0 shares
Others
Total66,46,400 shares89,15,000 shares

Bids Received (Subscription)

Patel Chem Specialities IPO subscribed 167.32x in total, whereas Shree Refrigerations IPO subscribed 187.55x.

 Patel Chem Specialities IPOShree Refrigerations IPO
QIB (times)105.27x167.32x
NII (times)236.62x197.01x
Big NII (times)165.26x214.75x
Small NII (times)204.81x158.70x
RII (times)173.03x195.05x
Employee (times)
Other (times)
Total (times)167.32x187.55x