ROX Hi-Tech IPO vs Sheetal Universal IPO

Comparison between ROX Hi-Tech IPO and Sheetal Universal IPO.

IPO Details

ROX Hi-Tech IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of ROX Hi-Tech IPO is up to ₹47.45 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of ROX Hi-Tech IPO is ₹83.00 per share and of Sheetal Universal IPO is ₹70.00 per share.

 ROX Hi-Tech IPOSheetal Universal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share
Issue Price (Upper)₹83.00 per share
Issue Price (Final)₹83.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size51,69,600 shares32,28,000 shares
Fresh Issue Size (Amount)up to ₹42.91 Crup to ₹22.60 Cr
OFS Issue Size5,47,200 shares0 shares
OFS Issue Size (Amount)up to ₹4.54 Crup to ₹0.00 Cr
Issue Size Total57,16,800 shares32,28,000 shares
Issue Size Total (Amount)up to ₹47.45 Crup to ₹22.60 Cr

IPO Timetable

ROX Hi-Tech IPO opens on Nov 07, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of ROX Hi-Tech IPO and Sheetal Universal IPO is Nov 09, 2023, and Dec 06, 2023, respectively.

 ROX Hi-Tech IPOSheetal Universal IPO
Anchor Bid DateNov 06, 2023
Issue OpenNov 07, 2023Dec 04, 2023
Issue CloseNov 09, 2023Dec 06, 2023
Basis Of Allotment (Tentative)Nov 15, 2023Dec 07, 2023
Initiation of Refunds (Tentative)Nov 16, 2023Dec 08, 2023
Credit of Share (Tentative)Nov 16, 2023Dec 08, 2023
Listing date (Tentative)Nov 16, 2023Dec 11, 2023
Anchor Lockin End date 1Dec 15, 2023
Anchor Lockin End date 2Feb 13, 2024

Financials & KPIs

ROX Hi-Tech IPO P/E ratio is 9.11, as compared to Sheetal Universal IPO P/E ratio of 27.34.

 ROX Hi-Tech IPOSheetal Universal IPO
Financials

Company Financials (Restated)

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.1161.0338.6738.88
Total Income50.01133.99102.9765.48
Profit After Tax6.7615.331.510.66
NET Worth30.9124.158.827.31
Reserves and Surplus14.0916.681.354.06
Total Borrowing28.3922.5817.9511.35
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets43.7028.0416.0312.72
Total Income58.27131.6639.8438.84
Profit After Tax1.881.990.280.25
NET Worth10.476.494.504.22
Reserves and Surplus2.412.991.000.72
Total Borrowing14.6313.569.856.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.2995
Promoter Shareholding (Post-Issue)66.81
P/E Ratio9.1127.34
Market Cap₹189.52 Cr.₹80.19 Cr.
ROE63.48%36.17%
ROCE50.17%21.59%
Debt/Equity0.942.09
EPS₹9.11₹2.56
RoNW63.48%30.63%

Shares Offered

In the ROX Hi-Tech IPO Retail Individual Investors (RII) are offered 21,93,600 shares while in Sheetal Universal IPO retail investors are offered 21,93,600 shares. Qualified Institutional Buyers (QIB) are offered 10,51,200 shares in ROX Hi-Tech IPO and in Sheetal Universal IPO.

 ROX Hi-Tech IPOSheetal Universal IPO
Anchor Investor Reservation15,76,000 shares
Market Maker Reservation8,48,000 shares1,72,000 shares
QIB10,51,200 shares
NII8,96,000 shares16,14,000 shares
RII21,93,600 shares16,14,000 shares
Employee
Others
Total57,16,800 shares32,28,000 shares

Bids Received (Subscription)

ROX Hi-Tech IPO subscribed 214.44x in total, whereas Sheetal Universal IPO subscribed 179.20x.

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ROX Hi-Tech IPO Vs Sheetal Universal IPO