Essen Speciality Films IPO vs Pentagon Rubber IPO

Comparison between Essen Speciality Films IPO and Pentagon Rubber IPO.

IPO Details

Essen Speciality Films IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pentagon Rubber IPO is a SME Bookbuilding proposed to list at NSE SME.

	Essen Speciality Films IPO	Pentagon Rubber IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	SMC Global Securities Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Essen Speciality Films IPO is up to ₹63.01 Cr whereas the issue size of the Pentagon Rubber IPO is up to ₹15.36 Cr. The final issue price of Essen Speciality Films IPO is ₹107.00 per share and of Pentagon Rubber IPO is ₹70.00 per share.

	Essen Speciality Films IPO	Pentagon Rubber IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹101.00 per share	₹65.00 per share
Issue Price (Upper)	₹107.00 per share	₹70.00 per share
Issue Price (Final)	₹107.00 per share	₹70.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	43,88,400 shares	21,94,000 shares
Fresh Issue Size (Amount)	up to ₹46.96 Cr	up to ₹15.36 Cr
OFS Issue Size	15,00,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹16.05 Cr	up to ₹0.00 Cr
Issue Size Total	58,88,400 shares	21,94,000 shares
Issue Size Total (Amount)	up to ₹63.01 Cr	up to ₹15.36 Cr

IPO Timetable

Essen Speciality Films IPO opens on Jun 23, 2023, while Pentagon Rubber IPO opens on Jun 26, 2023. The closing date of Essen Speciality Films IPO and Pentagon Rubber IPO is Jun 27, 2023, and Jun 30, 2023, respectively.

	Essen Speciality Films IPO	Pentagon Rubber IPO
Anchor Bid Date	Jun 22, 2023	Jun 23, 2023
Issue Open	Jun 23, 2023	Jun 26, 2023
Issue Close	Jun 27, 2023	Jun 30, 2023
Basis Of Allotment (Tentative)	Jul 03, 2023	Jul 05, 2023
Initiation of Refunds (Tentative)	Jul 04, 2023	Jul 06, 2023
Credit of Share (Tentative)	Jul 05, 2023	Jul 07, 2023
Listing date (Tentative)	Jul 06, 2023	Jul 07, 2023
Anchor Lockin End date 1	Aug 02, 2023	Aug 04, 2023
Anchor Lockin End date 2	Oct 01, 2023	Oct 03, 2023

Financials & KPIs

Essen Speciality Films IPO P/E ratio is 16.5, as compared to Pentagon Rubber IPO P/E ratio of 18.76.

Essen Speciality Films IPO

Pentagon Rubber IPO

Financials

Essen Speciality Films Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	10,440.24	9,680.78	913.73	6,707.76	6,607.76	1,541.36
31-Mar-22	11,859.28	11,857.17	516.90	7,224.65	5,624.66	2,583.00
31-Mar-23	10,970.82	12,048.09	1,337.23	8,561.89	6,961.89	657.40
Amount in ₹ Lakhs

Pentagon Rubber Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,132.82	1,939.25	93.81	135.48	-264.52	1,244.86
31-Mar-21	2,588.99	2,319.69	110.30	245.78	-154.22	1,649.42
31-Mar-22	2,802.18	3,511.59	308.66	554.43	154.43	1,758.61
31-Dec-22	2,956.70	2,997.88	215.86	770.30	230.30	1,669.79
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

Promoter Shareholding (Post-Issue)

70.04

P/E Ratio

16.5

18.76

Market Cap

₹220.00 Cr.

₹53.97 Cr.

ROE

17.08%

32.59%

ROCE

12.19%

27.16%

Debt/Equity

0.08

2.17

EPS

₹8.36

₹3.83

RoNW

15.62%

55.67%

Shares Offered

In the Essen Speciality Films IPO Retail Individual Investors (RII) are offered 20,61,600 shares while in Pentagon Rubber IPO retail investors are offered 20,61,600 shares. Qualified Institutional Buyers (QIB) are offered 11,77,200 shares in Essen Speciality Films IPO and 4,38,000 shares in Pentagon Rubber IPO.

	Essen Speciality Films IPO	Pentagon Rubber IPO
Anchor Investor Reserveration	17,65,200 shares	6,56,000 shares
Market Maker Reserveration	3,10,800 shares	1,16,000 shares
QIB	11,77,200 shares	4,38,000 shares
NII	8,84,400 shares	3,30,000 shares
RII	20,61,600 shares	7,70,000 shares
Employee
Others
Total	58,88,400 shares	21,94,000 shares

Bids Received (Subscription)

Essen Speciality Films IPO subscribed 71.03x in total, whereas Pentagon Rubber IPO subscribed 106.20x.

	Essen Speciality Films IPO	Pentagon Rubber IPO
QIB (times)	45.26x	27.62x
NII (times)	112.21x	153.33x
Big NII (times)
Small NII (times)
RII (times)	68.07x	130.70x
Employee (times)
Other (times)
Total (times)	71.03x	106.20x

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