Petro Carbon IPO vs Sylvan Plyboard IPO

Comparison between Petro Carbon IPO and Sylvan Plyboard IPO.

IPO Details

Petro Carbon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sylvan Plyboard IPO is a SME Fixed Price proposed to list at NSE SME.

	Petro Carbon IPO	Sylvan Plyboard IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Pvt.Ltd.	Finshore Management Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Giriraj Stock Broking Pvt.Ltd.	Black Fox Financial Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Petro Carbon IPO is up to ₹105.80 Cr whereas the issue size of the Sylvan Plyboard IPO is up to ₹26.64 Cr. The final issue price of Petro Carbon IPO is ₹171.00 per share and of Sylvan Plyboard IPO is ₹55.00 per share.

	Petro Carbon IPO	Sylvan Plyboard IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹162.00 per share
Issue Price (Upper)	₹171.00 per share
Issue Price (Final)	₹171.00 per share	₹55.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	800 shares	2000 shares
Fresh Issue Size	0 shares	48,44,000 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹26.64 Cr
OFS Issue Size	61,87,200 shares	0 shares
OFS Issue Size (Amount)	up to ₹105.80 Cr	up to ₹0.00 Cr
Issue Size Total	61,87,200 shares	48,44,000 shares
Issue Size Total (Amount)	up to ₹105.80 Cr	up to ₹26.64 Cr

IPO Timetable

Petro Carbon IPO opens on Jun 25, 2024, while Sylvan Plyboard IPO opens on Jun 24, 2024. The closing date of Petro Carbon IPO and Sylvan Plyboard IPO is Jun 27, 2024, and Jun 26, 2024, respectively.

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

Financials & KPIs

Petro Carbon IPO P/E ratio is 66.02, as compared to Sylvan Plyboard IPO P/E ratio of 22.25.

Petro Carbon IPO

Sylvan Plyboard IPO

Financials

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

Sylvan Plyboard (India) Ltd Financial Information (Restated)

Sylvan Plyboard (India) Ltd's revenue increased by 15.17% and profit after tax (PAT) rose by 15.57% 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	21,726.74	20,398.47	18,142.32	16,550.83
Total Income	16,193.24	19,915.32	17,292.63	11,028.91
Profit After Tax	447.98	352.85	305.31	37.09
Net Worth	9,456.77	8,811.78	8,283.26	7,977.95
Reserves and Surplus	8,029.28	7,882.14	7,374.05	7,068.74
Total Borrowing	6,454.53	5,500.55	4,579.24	4,701.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

99.80

Promoter Shareholding (Post-Issue)

71.23

P/E Ratio

66.02

22.25

Market Cap

₹106.56 Cr.

ROE

4.90%

ROCE

60.36%

7.56%

Debt/Equity

0.54

0.68

EPS

₹2.47

RoNW

66.00%

4.74%

Shares Offered

In the Petro Carbon IPO Retail Individual Investors (RII) are offered 21,66,400 shares while in Sylvan Plyboard IPO retail investors are offered 21,66,400 shares. Qualified Institutional Buyers (QIB) are offered 12,36,800 shares in Petro Carbon IPO and in Sylvan Plyboard IPO.

	Petro Carbon IPO	Sylvan Plyboard IPO
Anchor Investor Reserveration	18,55,200 shares
Market Maker Reserveration	4,30,400 shares	2,56,000 shares
QIB	12,36,800 shares
NII	9,28,800 shares	24,22,000 shares
RII	21,66,400 shares	24,22,000 shares
Employee
Others
Total	61,87,200 shares	48,44,000 shares

Bids Received (Subscription)

Petro Carbon IPO subscribed 92.01x in total, whereas Sylvan Plyboard IPO subscribed 84.03x.

	Petro Carbon IPO	Sylvan Plyboard IPO
QIB (times)	94.49x
NII (times)	129.91x	75.42x
Big NII (times)
Small NII (times)
RII (times)	74.34x	84.11x
Employee (times)
Other (times)
Total (times)	92.01x	84.03x

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