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ROX Hi-Tech IPO vs Swashthik Plascon IPO

Comparison between ROX Hi-Tech IPO and Swashthik Plascon IPO.

IPO Details

ROX Hi-Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Swashthik Plascon IPO is a SME Bookbuilding proposed to list at BSE SME.

 ROX Hi-Tech IPOSwashthik Plascon IPO
LogoROX Hi-Tech IPO LogoSwashthik Plascon IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersSwaraj shares & securities Pvt.Ltd.Shreni Shares Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShare India Securities Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Swashthik Plascon IPO is up to ₹38.71 Cr. The final issue price of ROX Hi-Tech IPO is ₹83.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.

 ROX Hi-Tech IPOSwashthik Plascon IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹80.00 per share₹80.00 per share
Issue Price (Upper)₹83.00 per share₹86.00 per share
Issue Price (Final)₹83.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size51,69,600 shares45,00,800 shares
Fresh Issue Size (Amount)up to ₹42.91 Crup to ₹38.71 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 shares45,00,800 shares
Issue Size Total (Amount)up to ₹47.45 Crup to ₹38.71 Cr

IPO Timetable

ROX Hi-Tech IPO opens on Nov 07, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of ROX Hi-Tech IPO and Swashthik Plascon IPO is Nov 09, 2023, and Nov 29, 2023, respectively.

 ROX Hi-Tech IPOSwashthik Plascon IPO
Anchor Bid DateNov 06, 2023Nov 23, 2023
Issue OpenNov 07, 2023Nov 24, 2023
Issue CloseNov 09, 2023Nov 29, 2023
Basis Of Allotment (Tentative)Nov 15, 2023Dec 04, 2023
Initiation of Refunds (Tentative)Nov 16, 2023Dec 05, 2023
Credit of Share (Tentative)Nov 16, 2023Dec 05, 2023
Listing date (Tentative)Nov 16, 2023Dec 05, 2023
Anchor Lockin End date 1Dec 15, 2023Jan 03, 2024
Anchor Lockin End date 2Feb 13, 2024Mar 03, 2024

Financials & KPIs

ROX Hi-Tech IPO P/E ratio is 9.11, as compared to Swashthik Plascon IPO P/E ratio of 17.23.

 ROX Hi-Tech IPOSwashthik Plascon IPO
Financials

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets8,010.876,103.263,866.723,887.58
Total Income5,001.2013,398.8510,297.256,547.94
Profit After Tax675.891,532.97151.3166.15
Net Worth3,090.932,415.03882.06730.75
Reserves and Surplus1,409.051,667.53134.56405.75
Total Borrowing2,838.792,258.361,794.591,135.32
Amount in ₹ Lakhs

Swashthik Plascon Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202331 Mar 2023
Assets11,416.0911,076.25
Total Income6,973.654,589.10
Profit After Tax528.48302.19
Net Worth2,564.072,037.09
Reserves and Surplus1,281.59754.61
Total Borrowing6,231.665,879.54
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)83.2960.00
Promoter Shareholding (Post-Issue)43.81
P/E Ratio9.1117.23
Market Cap₹189.52 Cr.₹151.05 Cr.
ROE63.48%22.78%
ROCE50.17%17.30%
Debt/Equity0.942.89
EPS₹9.11₹4.99
RoNW63.48%14.95%

Shares Offered

In the ROX Hi-Tech IPO Retail Individual Investors (RII) are offered 21,93,600 shares while in Swashthik Plascon 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 9,00,800 shares in Swashthik Plascon IPO.

 ROX Hi-Tech IPOSwashthik Plascon IPO
Anchor Investor Reserveration15,76,000 shares13,48,800 shares
Market Maker Reserveration8,48,000 shares2,38,400 shares
QIB10,51,200 shares9,00,800 shares
NII8,96,000 shares6,75,200 shares
RII21,93,600 shares15,76,000 shares
Employee
Others
Total57,16,800 shares45,00,800 shares

Bids Received (Subscription)

ROX Hi-Tech IPO subscribed 214.44x in total, whereas Swashthik Plascon IPO subscribed 15.43x.

 ROX Hi-Tech IPOSwashthik Plascon IPO
QIB (times)106.25x3.42x
NII (times)366.86x35.76x
Big NII (times)
Small NII (times)
RII (times)204.02x13.58x
Employee (times)
Other (times)
Total (times)214.44x15.43x