Positron Energy IPO vs Solve Plastic Products IPO

Comparison between Positron Energy IPO and Solve Plastic Products IPO.

IPO Details

Positron Energy IPO is a SME Fixed Price IPO proposed to list at NSE SME while Solve Plastic Products IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Positron Energy IPO is up to ₹48.65 Cr whereas the issue size of the Solve Plastic Products IPO is up to ₹11.25 Cr. The final issue price of Positron Energy IPO is ₹250.00 per share and of Solve Plastic Products IPO is ₹91.00 per share.

 Positron Energy IPOSolve Plastic Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹238.00 per share
Issue Price (Upper)₹250.00 per share
Issue Price (Final)₹250.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1200 shares
Fresh Issue Size19,45,800 shares12,36,000 shares
Fresh Issue Size (Amount)up to ₹48.65 Crup to ₹11.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,45,800 shares12,36,000 shares
Issue Size Total (Amount)up to ₹48.65 Crup to ₹11.25 Cr

IPO Timetable

Positron Energy IPO opens on Aug 12, 2024, while Solve Plastic Products IPO opens on Aug 13, 2024. The closing date of Positron Energy IPO and Solve Plastic Products IPO is Aug 14, 2024, and Aug 16, 2024, respectively.

 Positron Energy IPOSolve Plastic Products IPO
Anchor Bid DateAug 09, 2024
Issue OpenAug 12, 2024Aug 13, 2024
Issue CloseAug 14, 2024Aug 16, 2024
Basis Of Allotment (Tentative)Aug 16, 2024Aug 19, 2024
Initiation of Refunds (Tentative)Aug 19, 2024Aug 20, 2024
Credit of Share (Tentative)Aug 19, 2024Aug 20, 2024
Listing date (Tentative)Aug 20, 2024Aug 21, 2024
Anchor Lockin End date 1Sep 15, 2024
Anchor Lockin End date 2Nov 14, 2024

Financials & KPIs

Positron Energy IPO P/E ratio is 15.79, as compared to Solve Plastic Products IPO P/E ratio of 23.2.

 Positron Energy IPOSolve Plastic Products IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets37.8924.769.39
Total Income135.4252.038.97
Profit After Tax8.792.130.58
NET Worth14.895.673.54
Reserves and Surplus9.345.323.20
Total Borrowing10.287.423.68
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets22.1218.7418.23
Total Income47.1662.2555.78
Profit After Tax1.421.20-0.41
NET Worth4.391.930.72
Reserves and Surplus1.32-1.11-2.31
Total Borrowing11.3610.5310.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.5690.22
Promoter Shareholding (Post-Issue)7263.33
P/E Ratio15.7923.2
Market Cap₹190.01 Cr.₹39.75 Cr.
ROE85.48
ROCE61.55
Debt/Equity0.692.83
EPS₹15.83₹3.92
RoNW59.0132.47

Shares Offered

In the Positron Energy IPO Retail Individual Investors (RII) are offered 6,81,600 shares while in Solve Plastic Products IPO retail investors are offered 6,81,600 shares. Qualified Institutional Buyers (QIB) are offered 3,88,800 shares in Positron Energy IPO and in Solve Plastic Products IPO.

 Positron Energy IPOSolve Plastic Products IPO
Anchor Investor Reservation5,83,200 shares
Market Maker Reservation1,02,600 shares66,000 shares
QIB3,88,800 shares
NII2,92,200 shares6,18,000 shares
RII6,81,600 shares6,18,000 shares
Employee
Others
Total19,45,800 shares12,36,000 shares

Bids Received (Subscription)

Positron Energy IPO subscribed 414.86x in total, whereas Solve Plastic Products IPO subscribed 34.23x.

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