ResGen IPO vs Sealmatic India IPO

Comparison between ResGen IPO and Sealmatic India IPO.

IPO Details

ResGen IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sealmatic India IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of ResGen IPO is up to ₹26.79 Cr whereas the issue size of the Sealmatic India IPO is up to ₹53.41 Cr. The final issue price of ResGen IPO is ₹47.00 per share and of Sealmatic India IPO is ₹225.00 per share.

 ResGen IPOSealmatic India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹45.00 per share₹220.00 per share
Issue Price (Upper)₹47.00 per share₹225.00 per share
Issue Price (Final)₹47.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares600 shares
Fresh Issue Size57,00,000 shares17,24,000 shares
Fresh Issue Size (Amount)up to ₹26.79 Crup to ₹38.79 Cr
OFS Issue Size0 shares6,49,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹14.62 Cr
Issue Size Total57,00,000 shares23,73,600 shares
Issue Size Total (Amount)up to ₹26.79 Crup to ₹53.41 Cr

IPO Timetable

ResGen IPO opens on Feb 28, 2023, while Sealmatic India IPO opens on Feb 17, 2023. The closing date of ResGen IPO and Sealmatic India IPO is Mar 02, 2023, and Feb 21, 2023, respectively.

 ResGen IPOSealmatic India IPO
Anchor Bid DateFeb 27, 2023Feb 16, 2023
Issue OpenFeb 28, 2023Feb 17, 2023
Issue CloseMar 02, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Mar 08, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Mar 09, 2023Feb 27, 2023
Credit of Share (Tentative)Mar 10, 2023Feb 28, 2023
Listing date (Tentative)Mar 13, 2023Mar 01, 2023
Anchor Lockin End date 1Apr 07, 2023Mar 26, 2023
Anchor Lockin End date 2Jun 06, 2023May 25, 2023

Financials & KPIs

ResGen IPO P/E ratio is 27.33, as compared to Sealmatic India IPO P/E ratio of 18.75.

 ResGen IPOSealmatic India IPO
Financials

Company Financials (Restated)

Period Ended05 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets39.1813.7111.101.62
Total Income12.654.810.02
Profit After Tax2.460.740.01-0.15
NET Worth15.103.671.371.36
Reserves and Surplus10.911.47-0.18-0.18
Total Borrowing14.869.339.610.24
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets51.0939.4729.7623.25
Total Income25.8242.7735.4833.59
Profit After Tax5.438.416.504.94
NET Worth35.5030.1621.7415.25
Reserves and Surplus28.3029.9621.5415.05
Total Borrowing2.240.942.732.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.15100.00
Promoter Shareholding (Post-Issue)67.2272.38
P/E Ratio27.3318.75
Market Cap₹98.58 Cr.₹203.63 Cr.
ROE2028
ROCE14.5737
Debt/Equity2.540.03
EPS₹17.90₹11.69
RoNW2027.9

Shares Offered

In the ResGen IPO Retail Individual Investors (RII) are offered 19,98,000 shares while in Sealmatic India IPO retail investors are offered 19,98,000 shares. Qualified Institutional Buyers (QIB) are offered 11,28,000 shares in ResGen IPO and 3,79,800 shares in Sealmatic India IPO.

 ResGen IPOSealmatic India IPO
Anchor Investor Reservation16,92,000 shares5,69,400 shares
Market Maker Reservation3,00,000 shares1,26,000 shares
QIB11,28,000 shares3,79,800 shares
NII8,82,000 shares4,27,200 shares
RII19,98,000 shares9,97,200 shares
Employee
Others
Total57,00,000 shares23,73,600 shares

Bids Received (Subscription)

ResGen IPO subscribed 2.50x in total, whereas Sealmatic India IPO subscribed 13.50x.

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