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Sai Swami Metals IPO vs Shivam Chemicals IPO

Comparison between Sai Swami Metals IPO and Shivam Chemicals IPO.

IPO Details

Sai Swami Metals IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shivam Chemicals IPO is a SME Fixed Price proposed to list at BSE SME.

 Sai Swami Metals IPOShivam Chemicals IPO
LogoSai Swami Metals IPO LogoShivam Chemicals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersSwastika Investmart Ltd.Aryaman Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerSunflower Broking Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Sai Swami Metals IPO is up to ₹14.23 Cr whereas the issue size of the Shivam Chemicals IPO is up to ₹19.17 Cr. The final issue price of Sai Swami Metals IPO is ₹60.00 per share and of Shivam Chemicals IPO is ₹44.00 per share.

 Sai Swami Metals IPOShivam Chemicals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹60.00 per share₹44.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size23,72,000 shares43,56,000 shares
Fresh Issue Size (Amount)up to ₹14.23 Crup to ₹19.17 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total23,72,000 shares43,56,000 shares
Issue Size Total (Amount)up to ₹14.23 Crup to ₹19.17 Cr

IPO Timetable

Sai Swami Metals IPO opens on Apr 30, 2024, while Shivam Chemicals IPO opens on Apr 23, 2024. The closing date of Sai Swami Metals IPO and Shivam Chemicals IPO is May 03, 2024, and Apr 25, 2024, respectively.

 Sai Swami Metals IPOShivam Chemicals IPO
Anchor Bid Date
Issue OpenApr 30, 2024Apr 23, 2024
Issue CloseMay 03, 2024Apr 25, 2024
Basis Of Allotment (Tentative)May 06, 2024Apr 26, 2024
Initiation of Refunds (Tentative)May 07, 2024Apr 29, 2024
Credit of Share (Tentative)May 07, 2024Apr 29, 2024
Listing date (Tentative)May 08, 2024Apr 30, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Sai Swami Metals IPO P/E ratio is 11.34, as compared to Shivam Chemicals IPO P/E ratio of 15.26.

 Sai Swami Metals IPOShivam Chemicals IPO
Financials

Sai Swami Metals & Alloys Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets2,617.312,583.16
Total Income3,333.86626.76
Profit After Tax179.523.83
Net Worth664.4735.32
Reserves and Surplus252.7034.32
Total Borrowing743.16610.23
Amount in ₹ Lakhs

Shivam Chemicals Limited Financial Information (Restated Consolidated)

Period Ended31 Dec 202331 Mar 2023
Assets3,881.923,117.11
Total Income10,710.7015,658.34
Profit After Tax70.79357.44
Net Worth1,399.641,328.35
Reserves and Surplus159.641,288.85
Total Borrowing1,638.201,351.37
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.8899.99
Promoter Shareholding (Post-Issue)62.1573.00
P/E Ratio11.3415.26
Market Cap₹39.71 Cr.₹74.74 Cr.
ROE5.13%
ROCE6.19%
Debt/Equity1.17
EPS₹5.29₹2.88
RoNW27.02%5.06%

Shares Offered

In the Sai Swami Metals IPO Retail Individual Investors (RII) are offered 11,86,000 shares while in Shivam Chemicals IPO retail investors are offered 11,86,000 shares. Qualified Institutional Buyers (QIB) are offered in Sai Swami Metals IPO and in Shivam Chemicals IPO.

 Sai Swami Metals IPOShivam Chemicals IPO
Anchor Investor Reserveration
Market Maker Reserveration1,28,000 shares2,31,000 shares
QIB
NII11,86,000 shares21,78,000 shares
RII11,86,000 shares21,78,000 shares
Employee
Others
Total23,72,000 shares43,56,000 shares

Bids Received (Subscription)

Sai Swami Metals IPO subscribed 543.72x in total, whereas Shivam Chemicals IPO subscribed 6.61x.

 Sai Swami Metals IPOShivam Chemicals IPO
QIB (times)
NII (times)533.83x4.33x
Big NII (times)
Small NII (times)
RII (times)529.01x8.88x
Employee (times)
Other (times)
Total (times)543.72x6.61x