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P S Raj Steels IPO vs Shanmuga Hospital IPO

Comparison between P S Raj Steels IPO and Shanmuga Hospital IPO.

IPO Details

P S Raj Steels IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shanmuga Hospital IPO is a SME Fixed Price proposed to list at BSE SME.

 P S Raj Steels IPOShanmuga Hospital IPO
LogoP S Raj Steels IPO LogoShanmuga Hospital IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersKhambatta Securities Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of P S Raj Steels IPO is up to ₹26.87 Cr whereas the issue size of the Shanmuga Hospital IPO is up to ₹19.58 Cr. The final issue price of P S Raj Steels IPO is ₹140.00 per share and of Shanmuga Hospital IPO is ₹54.00 per share.

 P S Raj Steels IPOShanmuga Hospital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹132.00 per share
Issue Price (Upper)₹140.00 per share
Issue Price (Final)₹140.00 per share₹54.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size19,19,000 shares36,26,000 shares
Fresh Issue Size (Amount)up to ₹26.87 Crup to ₹19.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total19,19,000 shares36,26,000 shares
Issue Size Total (Amount)up to ₹26.87 Crup to ₹19.58 Cr

IPO Timetable

P S Raj Steels IPO opens on Feb 12, 2025, while Shanmuga Hospital IPO opens on Feb 13, 2025. The closing date of P S Raj Steels IPO and Shanmuga Hospital IPO is Feb 14, 2025, and Feb 17, 2025, respectively.

 P S Raj Steels IPOShanmuga Hospital IPO
Anchor Bid DateFeb 11, 2025
Issue OpenFeb 12, 2025Feb 13, 2025
Issue CloseFeb 14, 2025Feb 17, 2025
Basis Of Allotment (Tentative)Feb 17, 2025Feb 18, 2025
Initiation of Refunds (Tentative)Feb 18, 2025Feb 19, 2025
Credit of Share (Tentative)Feb 18, 2025Feb 19, 2025
Listing date (Tentative)Feb 19, 2025Feb 21, 2025
Anchor Lockin End date 1Mar 19, 2025
Anchor Lockin End date 2May 18, 2025

Financials & KPIs

P S Raj Steels IPO P/E ratio is 12.14, as compared to Shanmuga Hospital IPO P/E ratio of 10.05.

 P S Raj Steels IPOShanmuga Hospital IPO
Financials

PS Raj Steels Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.3652.0774.1245.94
Total Income139.12297.76225.44179.89
Profit After Tax3.876.363.653.57
Net Worth34.4330.624.320.65
Reserves and Surplus28.9129.9923.6920.04
Total Borrowing17.2517.818.0217.09
Amount in ₹ Crore

Shanmuga Hospital Limited Financial Information (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets36.5333.9223.0510.65
Total Income24.8343.3939.541.47
Profit After Tax2.395.264.766.72
Net Worth19.5317.1311.827.06
Reserves and Surplus9.737.3411.746.98
Total Borrowing9.769.027.65
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.2071.95
P/E Ratio12.1410.05
Market Cap₹105.54 Cr.₹73.51 Cr.
ROE20.79%30.71%
ROCE20.64%35.89%
Debt/Equity0.580.53
EPS₹11.53₹5.37
RoNW20.79%30.71%

Shares Offered

In the P S Raj Steels IPO Retail Individual Investors (RII) are offered 6,65,000 shares while in Shanmuga Hospital IPO retail investors are offered 6,65,000 shares. Qualified Institutional Buyers (QIB) are offered 3,80,000 shares in P S Raj Steels IPO and 0 shares in Shanmuga Hospital IPO.

 P S Raj Steels IPOShanmuga Hospital IPO
Anchor Investor Reserveration5,69,000 shares0 shares
Market Maker Reserveration1,01,000 shares1,92,000 shares
QIB3,80,000 shares0 shares
NII2,85,000 shares18,12,000 shares
RII6,65,000 shares18,14,000 shares
Employee20,000 shares0 shares
Others
Total19,19,000 shares36,26,000 shares

Bids Received (Subscription)

P S Raj Steels IPO subscribed 9.82x in total, whereas Shanmuga Hospital IPO subscribed 2.51x.

 P S Raj Steels IPOShanmuga Hospital IPO
QIB (times)1.21x
NII (times)21.39x0.60x
Big NII (times)
Small NII (times)
RII (times)10.04x4.41x
Employee (times)
Other (times)
Total (times)9.82x2.51x