Nephro Care IPO vs Petro Carbon IPO

Comparison between Nephro Care IPO and Petro Carbon IPO.

IPO Details

Nephro Care IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Petro Carbon IPO is a SME Bookbuilding proposed to list at NSE SME.

	Nephro Care IPO	Petro Carbon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt.Ltd.	GYR Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	SS Corporate Securities Ltd.	Giriraj Stock 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 Nephro Care IPO is up to ₹39.18 Cr whereas the issue size of the Petro Carbon IPO is up to ₹105.80 Cr. The final issue price of Nephro Care IPO is ₹90.00 per share and of Petro Carbon IPO is ₹171.00 per share.

	Nephro Care IPO	Petro Carbon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹85.00 per share	₹162.00 per share
Issue Price (Upper)	₹90.00 per share	₹171.00 per share
Issue Price (Final)	₹90.00 per share	₹171.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)	₹0.00 per share
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	43,53,600 shares	0 shares
Fresh Issue Size (Amount)	up to ₹39.18 Cr	up to ₹0.00 Cr
OFS Issue Size	0 shares	61,87,200 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹105.80 Cr
Issue Size Total	43,53,600 shares	61,87,200 shares
Issue Size Total (Amount)	up to ₹39.18 Cr	up to ₹105.80 Cr

IPO Timetable

Nephro Care IPO opens on Jun 28, 2024, while Petro Carbon IPO opens on Jun 25, 2024. The closing date of Nephro Care IPO and Petro Carbon IPO is Jul 02, 2024, and Jun 27, 2024, respectively.

	Nephro Care IPO	Petro Carbon IPO
Anchor Bid Date	Jun 27, 2024	Jun 24, 2024
Issue Open	Jun 28, 2024	Jun 25, 2024
Issue Close	Jul 02, 2024	Jun 27, 2024
Basis Of Allotment (Tentative)	Jul 03, 2024	Jun 28, 2024
Initiation of Refunds (Tentative)	Jul 04, 2024	Jul 01, 2024
Credit of Share (Tentative)	Jul 04, 2024	Jul 01, 2024
Listing date (Tentative)	Jul 05, 2024	Jul 02, 2024
Anchor Lockin End date 1	Aug 02, 2024	Jul 28, 2024
Anchor Lockin End date 2	Oct 01, 2024	Sep 26, 2024

Financials & KPIs

Nephro Care IPO P/E ratio is 55.15, as compared to Petro Carbon IPO P/E ratio of 66.02.

Nephro Care IPO

Petro Carbon IPO

Financials

Nephro Care India Limited Financial Information (Restated)

Nephro Care India Limited's revenue increased by 398.84% and profit after tax (PAT) rose by 19920.41% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,029.85	831.11	462.93	112.84
Total Income	1,989.60	1,709.51	342.70	183.26
Profit After Tax	340.04	194.24	-0.98	8.87
Net Worth	1,392.32	243.76	49.52	1.50
Reserves and Surplus	1,332.81	193.76	-0.48	0.50
Total Borrowing		246.39	253.74	69.27
Amount in ₹ Lakhs

Petro Carbon and Chemicals Limited Financial Information (Restated Standalone)

Petro Carbon and Chemicals Limited's revenue increased by 84.92% and profit after tax (PAT) rose by 17.8% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	27,432.35	26,379.12	27,703.56	15,992.29
Total Income	44,711.11	51,760.99	27,990.70	15,528.68
Profit After Tax	7,031.16	672.65	570.99	11.64
Net Worth	10,653.34	3,752.81	3,080.17	2,509.17
Reserves and Surplus	12,528.21	5,561.06	4,973.20	4,489.97
Total Borrowing	8,063.02	17,582.78	19,418.00	8,182.43
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

85.02

100.00

Promoter Shareholding (Post-Issue)

61.39

P/E Ratio

55.15

66.02

Market Cap

₹148.38 Cr.

ROE

41.57%

ROCE

36.56%

60.36%

Debt/Equity

0.54

EPS

₹1.63

RoNW

24.42%

66.00%

Shares Offered

In the Nephro Care IPO Retail Individual Investors (RII) are offered 14,44,800 shares while in Petro Carbon IPO retail investors are offered 14,44,800 shares. Qualified Institutional Buyers (QIB) are offered 8,25,600 shares in Nephro Care IPO and 12,36,800 shares in Petro Carbon IPO.

	Nephro Care IPO	Petro Carbon IPO
Anchor Investor Reserveration	12,38,400 shares	18,55,200 shares
Market Maker Reserveration	2,30,400 shares	4,30,400 shares
QIB	8,25,600 shares	12,36,800 shares
NII	6,19,200 shares	9,28,800 shares
RII	14,44,800 shares	21,66,400 shares
Employee	2,25,600 shares
Others
Total	43,53,600 shares	61,87,200 shares

Bids Received (Subscription)

Nephro Care IPO subscribed 715.78x in total, whereas Petro Carbon IPO subscribed 92.01x.

	Nephro Care IPO	Petro Carbon IPO
QIB (times)	245.14x	94.49x
NII (times)	1,787.19x	129.91x
Big NII (times)
Small NII (times)
RII (times)	634.12x	74.34x
Employee (times)
Other (times)
Total (times)	715.78x	92.01x

Compare with others

Nephro Care IPO	Petro Carbon IPO
Sahaj Solar IPO	Ambey Laboratories IPO
Aelea Commodities IPO	Nephro Care IPO
Ganesh Green Bharat IPO	Diensten Tech IPO
Effwa Infra IPO	Visaman Global Sales IPO
Ambey Laboratories IPO	Mason Infratech IPO
Diensten Tech IPO	Sylvan Plyboard IPO
Visaman Global Sales IPO	Shivalic Power Control IPO
Mason Infratech IPO	Divine Power Energy IPO
Petro Carbon IPO	Akiko Global IPO
Sylvan Plyboard IPO	Winny Immigration IPO