Premium Plast IPO vs Shiv Texchem IPO

Comparison between Premium Plast IPO and Shiv Texchem IPO.

IPO Details

Premium Plast IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shiv Texchem IPO is a SME Bookbuilding proposed to list at BSE SME.

	Premium Plast IPO	Shiv Texchem IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Khandwala Securities Ltd.	Vivro Financial Services Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Asnani Stock Broker Pvt.Ltd.	Rikhav Securities 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 Premium Plast IPO is up to ₹24.87 Cr whereas the issue size of the Shiv Texchem IPO is up to ₹96.28 Cr. The final issue price of Premium Plast IPO is ₹49.00 per share and of Shiv Texchem IPO is ₹166.00 per share.

	Premium Plast IPO	Shiv Texchem IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹46.00 per share	₹158.00 per share
Issue Price (Upper)	₹49.00 per share	₹166.00 per share
Issue Price (Final)	₹49.00 per share	₹166.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	3000 shares	800 shares
Fresh Issue Size	50,76,000 shares	58,00,000 shares
Fresh Issue Size (Amount)	up to ₹24.87 Cr	up to ₹96.28 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	50,76,000 shares	58,00,000 shares
Issue Size Total (Amount)	up to ₹24.87 Cr	up to ₹96.28 Cr

IPO Timetable

Premium Plast IPO opens on Oct 21, 2024, while Shiv Texchem IPO opens on Oct 08, 2024. The closing date of Premium Plast IPO and Shiv Texchem IPO is Oct 23, 2024, and Oct 10, 2024, respectively.

	Premium Plast IPO	Shiv Texchem IPO
Anchor Bid Date		Oct 07, 2024
Issue Open	Oct 21, 2024	Oct 08, 2024
Issue Close	Oct 23, 2024	Oct 10, 2024
Basis Of Allotment (Tentative)	Oct 24, 2024	Oct 11, 2024
Initiation of Refunds (Tentative)	Oct 25, 2024	Oct 14, 2024
Credit of Share (Tentative)	Oct 25, 2024	Oct 14, 2024
Listing date (Tentative)	Oct 28, 2024	Oct 15, 2024
Anchor Lockin End date 1		Nov 10, 2024
Anchor Lockin End date 2		Jan 09, 2025

Financials & KPIs

Premium Plast IPO P/E ratio is 14.11, as compared to Shiv Texchem IPO P/E ratio of 8.02.

Premium Plast IPO

Shiv Texchem IPO

Financials

Premium Plast Limited Financial Information (Restated Consolidated)

Premium Plast Limited's revenue increased by 6% and profit after tax (PAT) rose by 200% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,006.31	3,809.23	2,905.45	2,516.95
Total Income	1,212.81	4,670.59	4,404.83	3,104.78
Profit After Tax	141.16	477.55	159.32	77.7
Net Worth	2,216.67	1,652.51	1,174.96	1,015.64
Reserves and Surplus	841.56	1,176.45	698.91	539.59
Total Borrowing	506.84	830.98	505.35	512.28
Amount in ₹ Lakhs

Shiv Texchem Limited Financial Information (Restated)

Shiv Texchem Limited's revenue increased by 37% and profit after tax (PAT) rose by 88% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	85,483.43	79,868.05	60,234.98	42,543.57
Total Income	56,707.83	1,53,668.79	1,11,866.98	86,547.46
Profit After Tax	1,005.89	3,011.3	1,602.72	1,386.48
Net Worth	20,293.58	19,287.69	12,276.39	10,673.68
Reserves and Surplus	20,080.25	19,074.36	12,116.39	10,513.68
Total Borrowing	27,085.63	29,665.25	32,914.39	12,034.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.45

100.00

Promoter Shareholding (Post-Issue)

68.73

P/E Ratio

14.11

8.02

Market Cap

₹93.58 Cr.

₹384.66 Cr.

ROE

6.37%

19.08%

ROCE

7.88%

26.99%

Debt/Equity

1.54

EPS

₹3.47

₹165.42

RoNW

6.37%

19.08%

Shares Offered

In the Premium Plast IPO Retail Individual Investors (RII) are offered 22,83,000 shares while in Shiv Texchem IPO retail investors are offered 22,83,000 shares. Qualified Institutional Buyers (QIB) are offered 5,10,000 shares in Premium Plast IPO and 11,60,000 shares in Shiv Texchem IPO.

	Premium Plast IPO	Shiv Texchem IPO
Anchor Investor Reserveration		17,39,200 shares
Market Maker Reserveration	2,70,000 shares	3,05,600 shares
QIB	5,10,000 shares	11,60,000 shares
NII	22,83,000 shares	8,70,400 shares
RII	22,83,000 shares	20,30,400 shares
Employee
Others
Total	50,76,000 shares	58,00,000 shares

Bids Received (Subscription)

Premium Plast IPO subscribed 38.87x in total, whereas Shiv Texchem IPO subscribed 156.55x.

	Premium Plast IPO	Shiv Texchem IPO
QIB (times)	6.74x	86.70x
NII (times)	19.56x	455.58x
Big NII (times)
Small NII (times)
RII (times)	65.37x	68.27x
Employee (times)
Other (times)
Total (times)	38.87x	156.55x

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