Comparison between Premium Plast IPO and Usha Financial IPO.
Premium Plast IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Usha Financial IPO is a SME Bookbuilding proposed to list at NSE SME.
| Premium Plast IPO | Usha Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Khandwala Securities Ltd. | Unistone Capital Pvt.Ltd. Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | SS Corporate Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Premium Plast IPO is up to ₹24.87 Cr whereas the issue size of the Usha Financial IPO is up to ₹93.06 Cr. The final issue price of Premium Plast IPO is ₹49.00 per share and of Usha Financial IPO is ₹168.00 per share.
| Premium Plast IPO | Usha Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹46.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹49.00 per share | ₹168.00 per share |
| Issue Price (Final) | ₹49.00 per share | ₹168.00 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 | 55,39,200 shares |
| Fresh Issue Size (Amount) | up to ₹24.87 Cr | up to ₹93.06 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 | 55,39,200 shares |
| Issue Size Total (Amount) | up to ₹24.87 Cr | up to ₹93.06 Cr |
Premium Plast IPO opens on Oct 21, 2024, while Usha Financial IPO opens on Oct 24, 2024. The closing date of Premium Plast IPO and Usha Financial IPO is Oct 23, 2024, and Oct 28, 2024, respectively.
| Premium Plast IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Bid Date | Oct 23, 2024 | |
| Issue Open | Oct 21, 2024 | Oct 24, 2024 |
| Issue Close | Oct 23, 2024 | Oct 28, 2024 |
| Basis Of Allotment (Tentative) | Oct 24, 2024 | Oct 29, 2024 |
| Initiation of Refunds (Tentative) | Oct 25, 2024 | Oct 30, 2024 |
| Credit of Share (Tentative) | Oct 25, 2024 | Oct 30, 2024 |
| Listing date (Tentative) | Oct 28, 2024 | Oct 31, 2024 |
| Anchor Lockin End date 1 | Nov 28, 2024 | |
| Anchor Lockin End date 2 | Jan 27, 2025 |
Premium Plast IPO P/E ratio is 14.11, as compared to Usha Financial IPO P/E ratio of 19.83.
| Premium Plast IPO | Usha Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.45 | 98.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.73 | 72.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.11 | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹93.58 Cr. | ₹365.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 6.37 | 9.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 7.88 | 12.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.47 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 6.37 | 9.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Premium Plast IPO Retail Individual Investors (RII) are offered 22,83,000 shares while in Usha Financial IPO retail investors are offered 22,83,000 shares. Qualified Institutional Buyers (QIB) are offered 5,10,000 shares in Premium Plast IPO and 11,08,000 shares in Usha Financial IPO.
| Premium Plast IPO | Usha Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,60,800 shares | |
| Market Maker Reservation | 2,70,000 shares | 3,20,800 shares |
| QIB | 5,10,000 shares | 11,08,000 shares |
| NII | 22,83,000 shares | 8,31,200 shares |
| RII | 22,83,000 shares | 19,39,200 shares |
| Employee | ||
| Others | ||
| Total | 50,76,000 shares | 55,39,200 shares |
Premium Plast IPO subscribed 38.87x in total, whereas Usha Financial IPO subscribed 13.56x.
| Premium Plast IPO | Usha Financial IPO | |
|---|---|---|
| QIB (times) | 6.74x | 10.04x |
| NII (times) | 19.56x | 28.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 65.37x | 20.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 38.87x | 13.56x |
