Comparison between Purv Flexipack IPO and Sadhav Shipping IPO.
IPO Details
Purv Flexipack IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sadhav Shipping IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Purv Flexipack IPO is up to ₹37.74 Cr whereas the issue size of the Sadhav Shipping IPO is up to ₹36.25 Cr. The final issue price of Purv Flexipack IPO is ₹71.00 per share and of Sadhav Shipping IPO is ₹95.00 per share.
IPO Timetable
Purv Flexipack IPO opens on Feb 27, 2024, while Sadhav Shipping IPO opens on Feb 23, 2024. The closing date of Purv Flexipack IPO and Sadhav Shipping IPO is Feb 29, 2024, and Feb 27, 2024, respectively.
| | Purv Flexipack IPO | Sadhav Shipping IPO |
|---|
| Anchor Bid Date | Feb 26, 2024 | |
| Issue Open | Feb 27, 2024 | Feb 23, 2024 |
| Issue Close | Feb 29, 2024 | Feb 27, 2024 |
| Basis Of Allotment (Tentative) | Mar 01, 2024 | Feb 28, 2024 |
| Initiation of Refunds (Tentative) | Mar 04, 2024 | Feb 29, 2024 |
| Credit of Share (Tentative) | Mar 04, 2024 | Feb 29, 2024 |
| Listing date (Tentative) | Mar 05, 2024 | Mar 01, 2024 |
| Anchor Lockin End date 1 | Mar 31, 2024 | |
| Anchor Lockin End date 2 | May 30, 2024 | |
Financials & KPIs
Purv Flexipack IPO P/E ratio is 13.17, as compared to Sadhav Shipping IPO P/E ratio of 12.66.
Shares Offered
In the Purv Flexipack IPO Retail Individual Investors (RII) are offered 19,00,800 shares while in Sadhav Shipping IPO retail investors are offered 19,00,800 shares. Qualified Institutional Buyers (QIB) are offered 10,52,800 shares in Purv Flexipack IPO and in Sadhav Shipping IPO.
| | Purv Flexipack IPO | Sadhav Shipping IPO |
|---|
| Anchor Investor Reservation | 15,16,800 shares | |
| Market Maker Reservation | 3,48,800 shares | 2,02,800 shares |
| QIB | 10,52,800 shares | |
| NII | 8,44,800 shares | 19,08,000 shares |
| RII | 19,00,800 shares | 19,08,000 shares |
| Employee | | |
| Others | | |
| Total | 53,15,200 shares | 38,16,000 shares |
Bids Received (Subscription)
Purv Flexipack IPO subscribed 421.78x in total, whereas Sadhav Shipping IPO subscribed 135.69x.
