Comparison between Grover Jewells IPO and Phychem Technologies IPO.
Grover Jewells IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Phychem Technologies IPO is a SME Bookbuilding proposed to list at BSE SME.
| Grover Jewells IPO | Phychem Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Anant Securities | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Grover Jewells IPO is up to ₹32.13 Cr whereas the issue size of the Phychem Technologies IPO is up to ₹0.00 Cr. The final issue price of Grover Jewells IPO is ₹88.00 per share and of Phychem Technologies IPO is .
| Grover Jewells IPO | Phychem Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | |
| Issue Price (Upper) | ₹88.00 per share | |
| Issue Price (Final) | ₹88.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 36,51,200 shares | 27,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹32.13 Cr | up to ₹0.00 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 | 36,51,200 shares | 27,00,000 shares |
| Issue Size Total (Amount) | up to ₹32.13 Cr | up to ₹0.00 Cr |
Grover Jewells IPO opens on Feb 04, 2026, while Phychem Technologies IPO opens on . The closing date of Grover Jewells IPO and Phychem Technologies IPO is Feb 06, 2026, and , respectively.
| Grover Jewells IPO | Phychem Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Feb 03, 2026 | |
| Issue Open | Feb 04, 2026 | |
| Issue Close | Feb 06, 2026 | |
| Basis Of Allotment (Tentative) | Feb 09, 2026 | |
| Initiation of Refunds (Tentative) | Feb 10, 2026 | |
| Credit of Share (Tentative) | Feb 10, 2026 | |
| Listing date (Tentative) | Feb 11, 2026 | |
| Anchor Lockin End date 1 | Mar 13, 2026 | |
| Anchor Lockin End date 2 | May 12, 2026 |
Grover Jewells IPO P/E ratio is 12.31, as compared to Phychem Technologies IPO P/E ratio of .
| Grover Jewells IPO | Phychem Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Phychem Technologies Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 68% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹127.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45 | 31.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.56 | 0.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 45.67 | 29.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Grover Jewells IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Phychem Technologies IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered 7,29,600 shares in Grover Jewells IPO and 0 shares in Phychem Technologies IPO.
| Grover Jewells IPO | Phychem Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,92,800 shares | 0 shares |
| Market Maker Reservation | 1,93,600 shares | 0 shares |
| QIB | 7,29,600 shares | 0 shares |
| NII | 5,48,800 shares | 0 shares |
| RII | 12,80,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 36,51,200 shares | 0 shares |
Grover Jewells IPO subscribed 13.43x in total, whereas Phychem Technologies IPO subscribed .
| Grover Jewells IPO | Phychem Technologies IPO | |
|---|---|---|
| QIB (times) | 11.32x | |
| NII (times) | 37.57x | |
| Big NII (times) | 44.63x | |
| Small NII (times) | 23.56x | |
| RII (times) | 15.74x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 13.43x |
