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Positron Energy IPO vs Sunlite Recycling Industries IPO

Comparison between Positron Energy IPO and Sunlite Recycling Industries IPO.

IPO Details

Positron Energy IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sunlite Recycling Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

 Positron Energy IPOSunlite Recycling Industries IPO
LogoPositron Energy IPO LogoSunlite Recycling Industries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerSpread X Securities Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Positron Energy IPO is up to ₹48.65 Cr whereas the issue size of the Sunlite Recycling Industries IPO is up to ₹28.68 Cr. The final issue price of Positron Energy IPO is ₹250.00 per share and of Sunlite Recycling Industries IPO is ₹105.00 per share.

 Positron Energy IPOSunlite Recycling Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹238.00 per share₹100.00 per share
Issue Price (Upper)₹250.00 per share₹105.00 per share
Issue Price (Final)₹250.00 per share₹105.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1200 shares
Fresh Issue Size19,45,800 shares27,31,200 shares
Fresh Issue Size (Amount)up to ₹48.65 Crup to ₹28.68 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,45,800 shares27,31,200 shares
Issue Size Total (Amount)up to ₹48.65 Crup to ₹28.68 Cr

IPO Timetable

Positron Energy IPO opens on Aug 12, 2024, while Sunlite Recycling Industries IPO opens on Aug 12, 2024. The closing date of Positron Energy IPO and Sunlite Recycling Industries IPO is Aug 14, 2024, and Aug 14, 2024, respectively.

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

Financials & KPIs

Positron Energy IPO P/E ratio is 15.79, as compared to Sunlite Recycling Industries IPO P/E ratio of 9.43.

 Positron Energy IPOSunlite Recycling Industries IPO
Financials

Positron Energy Limited Financial Information (Restated Consolidated)

Positron Energy Limited's revenue increased by 160.29% and profit after tax (PAT) rose by 312.96% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,789.022,476.25938.90
Total Income13,541.765,202.61896.85
Profit After Tax878.78212.8057.98
Net Worth1,489.26566.87354.45
Reserves and Surplus934.06532.17319.75
Total Borrowing1,027.90741.81368.33
Amount in ₹ Lakhs

Sunlite Recycling Industries Limited Financial Information (Restated)

Sunlite Recycling Industries Limited's revenue increased by 1.4% and profit after tax (PAT) rose by 58.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets6,321.247,162.564,802.053,743.20
Total Income116,655.09115,039.9193,791.8039,400.84
Profit After Tax890.36560.27426.03252.55
Net Worth2,003.90362.081,158.58622.18
Reserves and Surplus1,203.90312.08
Total Borrowing3,491.744,646.822,532.381,711.39
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)98.56100.00
Promoter Shareholding (Post-Issue)72.0073.53
P/E Ratio15.799.43
Market Cap₹190.01 Cr.₹114.24 Cr.
ROE0.85%75.26%
ROCE0.62%29.49%
Debt/Equity0.691.74
EPS₹15.83₹11.13
RoNW59.01%44.43%

Shares Offered

In the Positron Energy IPO Retail Individual Investors (RII) are offered 6,81,600 shares while in Sunlite Recycling Industries IPO retail investors are offered 6,81,600 shares. Qualified Institutional Buyers (QIB) are offered 3,88,800 shares in Positron Energy IPO and 5,46,000 shares in Sunlite Recycling Industries IPO.

 Positron Energy IPOSunlite Recycling Industries IPO
Anchor Investor Reserveration5,83,200 shares8,18,400 shares
Market Maker Reserveration1,02,600 shares1,48,800 shares
QIB3,88,800 shares5,46,000 shares
NII2,92,200 shares4,10,400 shares
RII6,81,600 shares9,56,400 shares
Employee
Others
Total19,45,800 shares27,31,200 shares

Bids Received (Subscription)

Positron Energy IPO subscribed 414.86x in total, whereas Sunlite Recycling Industries IPO subscribed 282.45x.

 Positron Energy IPOSunlite Recycling Industries IPO
QIB (times)231.41x109.05x
NII (times)805.84x584.10x
Big NII (times)
Small NII (times)
RII (times)351.90x252.00x
Employee (times)
Other (times)
Total (times)414.86x282.45x