Sanghvi Brands IPO vs Sheetal Cool Products IPO

Comparison between Sanghvi Brands IPO and Sheetal Cool Products IPO.

IPO Details

Sanghvi Brands IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sheetal Cool Products IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Sanghvi Brands IPO is up to ₹18.00 Cr whereas the issue size of the Sheetal Cool Products IPO is up to ₹22.66 Cr. The final issue price of Sanghvi Brands IPO is ₹69.00 per share and of Sheetal Cool Products IPO is ₹80.00 per share.

 Sanghvi Brands IPOSheetal Cool Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹69.00 per share₹80.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1600 shares
Fresh Issue Size26,08,000 shares28,32,000 shares
Fresh Issue Size (Amount)up to ₹18.00 Crup to ₹22.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,08,000 shares28,32,000 shares
Issue Size Total (Amount)up to ₹18.00 Crup to ₹22.66 Cr

IPO Timetable

Sanghvi Brands IPO opens on Nov 10, 2017, while Sheetal Cool Products IPO opens on Oct 16, 2017. The closing date of Sanghvi Brands IPO and Sheetal Cool Products IPO is Nov 14, 2017, and Oct 18, 2017, respectively.

 Sanghvi Brands IPOSheetal Cool Products IPO
Issue OpenNov 10, 2017Oct 16, 2017
Issue CloseNov 14, 2017Oct 18, 2017
Basis Of Allotment (Tentative)Nov 17, 2017Oct 25, 2017
Listing date (Tentative)Nov 22, 2017Oct 30, 2017

Financials & KPIs

Sanghvi Brands IPO P/E ratio is , as compared to Sheetal Cool Products IPO P/E ratio of .

 Sanghvi Brands IPOSheetal Cool Products IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets12.4412.0411.2510.50
Total Income2.6611.107.996.08
Profit After Tax0.030.820.100.02
NET Worth10.0410.019.199.09
Reserves and Surplus9.349.315.745.64
Total Borrowing0.180.170.130.07
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201731 Mar 201731 Mar 201631 Mar 2015
Assets51.2446.0423.2015.55
Total Income49.35154.63125.2844.90
Profit After Tax0.582.061.960.13
NET Worth8.778.196.131.17
Reserves and Surplus3.773.191.13-0.83
Total Borrowing12.0111.414.237.82
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)71.73%71.1%
Promoter Shareholding (Post-Issue)52.80%50.78%
Market Cap₹71.87 Cr.₹84.00 Cr.

Shares Offered

In the Sanghvi Brands IPO Retail Individual Investors (RII) are offered 13,04,000 shares while in Sheetal Cool Products IPO retail investors are offered 13,04,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Sanghvi Brands IPO and 0 shares in Sheetal Cool Products IPO.

 Sanghvi Brands IPOSheetal Cool Products IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,40,000 shares1,68,000 shares
QIB0 shares0 shares
NII13,04,000 shares14,16,000 shares
RII13,04,000 shares14,16,000 shares
Employee0 shares0 shares
Total26,08,000 shares28,32,000 shares

Bids Received (Subscription)

Sanghvi Brands IPO subscribed 2.64x in total, whereas Sheetal Cool Products IPO subscribed 33.03x.

 Sanghvi Brands IPOSheetal Cool Products IPO
NII (times)4.20x49.11x
RII (times)1.09x16.95x
Total (times)2.64x33.03x

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Sanghvi Brands IPO Vs Sheetal Cool Products IPO