Comparison between Patel Chem Specialities IPO and Safecure IPO.
Patel Chem Specialities IPO is a SME Fixed Price IPO proposed to list at BSE SME while Safecure IPO is a SME Fixed Price proposed to list at BSE SME.
| Patel Chem Specialities IPO | Safecure IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Unistone Capital Pvt.Ltd. Cumulative Capital Pvt.Ltd. | Sun Capital Advisory Services Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Globalworth Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| 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 Patel Chem Specialities IPO is up to ₹55.83 Cr whereas the issue size of the Safecure IPO is up to ₹29.07 Cr. The final issue price of Patel Chem Specialities IPO is ₹84.00 per share and of Safecure IPO is ₹102.00 per share.
| Patel Chem Specialities IPO | Safecure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | |
| Issue Price (Upper) | ₹84.00 per share | |
| Issue Price (Final) | ₹84.00 per share | ₹102.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 66,46,400 shares | 28,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹55.83 Cr | up to ₹29.07 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 | 66,46,400 shares | 28,50,000 shares |
| Issue Size Total (Amount) | up to ₹55.83 Cr | up to ₹29.07 Cr |
Patel Chem Specialities IPO opens on Jul 25, 2025, while Safecure IPO opens on Oct 29, 2025. The closing date of Patel Chem Specialities IPO and Safecure IPO is Jul 29, 2025, and Oct 31, 2025, respectively.
| Patel Chem Specialities IPO | Safecure IPO | |
|---|---|---|
| Anchor Bid Date | Jul 24, 2025 | |
| Issue Open | Jul 25, 2025 | Oct 29, 2025 |
| Issue Close | Jul 29, 2025 | Oct 31, 2025 |
| Basis Of Allotment (Tentative) | Jul 30, 2025 | Nov 03, 2025 |
| Initiation of Refunds (Tentative) | Jul 31, 2025 | Nov 04, 2025 |
| Credit of Share (Tentative) | Jul 31, 2025 | Nov 04, 2025 |
| Listing date (Tentative) | Aug 01, 2025 | Nov 06, 2025 |
| Anchor Lockin End date 1 | Aug 28, 2025 | |
| Anchor Lockin End date 2 | Oct 27, 2025 |
Patel Chem Specialities IPO P/E ratio is 14.21, as compared to Safecure IPO P/E ratio of 11.66.
| Patel Chem Specialities IPO | Safecure IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Patel Chem Specialities Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Safecure Services Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.13 | 94.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.78 | 66.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.21 | 11.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹208.91 Cr. | ₹102.41 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 29.85 | 28.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.26 | 22.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.42 | 0.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.91 | ₹8.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.32 | 28.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Patel Chem Specialities IPO Retail Individual Investors (RII) are offered 23,31,200 shares while in Safecure IPO retail investors are offered 23,31,200 shares. Qualified Institutional Buyers (QIB) are offered 13,29,600 shares in Patel Chem Specialities IPO and 0 shares in Safecure IPO.
| Patel Chem Specialities IPO | Safecure IPO | |
|---|---|---|
| Anchor Investor Reservation | 19,87,200 shares | 0 shares |
| Market Maker Reservation | 3,53,600 shares | 1,50,000 shares |
| QIB | 13,29,600 shares | 0 shares |
| NII | 9,98,400 shares | 14,24,400 shares |
| RII | 23,31,200 shares | 14,25,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 66,46,400 shares | 28,50,000 shares |
Patel Chem Specialities IPO subscribed 167.32x in total, whereas Safecure IPO subscribed 1.81x.
| Patel Chem Specialities IPO | Safecure IPO | |
|---|---|---|
| QIB (times) | 105.27x | |
| NII (times) | 236.62x | 0.32x |
| Big NII (times) | 253.06x | |
| Small NII (times) | 204.81x | |
| RII (times) | 173.03x | 3.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 167.32x | 1.81x |
