Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Royal Arc Electrodes IPO vs Shanmuga Hospital IPO

Comparison between Royal Arc Electrodes IPO and Shanmuga Hospital IPO.

IPO Details

Royal Arc Electrodes 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.

 Royal Arc Electrodes IPOShanmuga Hospital IPO
LogoRoyal Arc Electrodes IPO LogoShanmuga Hospital IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Integrated Registry Management Services Pvt.Ltd.
Market MakerShreni Shares 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 Royal Arc Electrodes IPO is up to ₹34.16 Cr whereas the issue size of the Shanmuga Hospital IPO is up to ₹19.58 Cr. The final issue price of Royal Arc Electrodes IPO is ₹120.00 per share and of Shanmuga Hospital IPO is ₹54.00 per share.

 Royal Arc Electrodes IPOShanmuga Hospital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹114.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹120.00 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 Size1200 shares2000 shares
Fresh Issue Size16,46,400 shares36,26,000 shares
Fresh Issue Size (Amount)up to ₹19.76 Crup to ₹19.58 Cr
OFS Issue Size12,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹14.40 Crup to ₹0.00 Cr
Issue Size Total28,46,400 shares36,26,000 shares
Issue Size Total (Amount)up to ₹34.16 Crup to ₹19.58 Cr

IPO Timetable

Royal Arc Electrodes IPO opens on Feb 14, 2025, while Shanmuga Hospital IPO opens on Feb 13, 2025. The closing date of Royal Arc Electrodes IPO and Shanmuga Hospital IPO is Feb 18, 2025, and Feb 17, 2025, respectively.

 Royal Arc Electrodes IPOShanmuga Hospital IPO
Anchor Bid DateFeb 13, 2025
Issue OpenFeb 14, 2025Feb 13, 2025
Issue CloseFeb 18, 2025Feb 17, 2025
Basis Of Allotment (Tentative)Feb 19, 2025Feb 18, 2025
Initiation of Refunds (Tentative)Feb 20, 2025Feb 19, 2025
Credit of Share (Tentative)Feb 20, 2025Feb 19, 2025
Listing date (Tentative)Feb 24, 2025Feb 21, 2025
Anchor Lockin End date 1Mar 21, 2025
Anchor Lockin End date 2May 20, 2025

Financials & KPIs

Royal Arc Electrodes IPO P/E ratio is 9.36, as compared to Shanmuga Hospital IPO P/E ratio of 10.05.

 Royal Arc Electrodes IPOShanmuga Hospital IPO
Financials

Royal Arc Electrodes Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.6952.2543.8542.48
Total Income46.06100.9998.0364.82
Profit After Tax3.1811.939.572.12
Net Worth45.4542.2730.3520.78
Reserves and Surplus36.1532.9728.5318.96
Total Borrowing2.020.21.427.81
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)99.99100.00
Promoter Shareholding (Post-Issue)72.9671.95
P/E Ratio9.3610.05
Market Cap₹133.20 Cr.₹73.51 Cr.
ROE32.85%30.71%
ROCE37.73%35.89%
Debt/Equity0.53
EPS₹12.82₹5.37
RoNW28.21%30.71%

Shares Offered

In the Royal Arc Electrodes IPO Retail Individual Investors (RII) are offered 10,17,600 shares while in Shanmuga Hospital IPO retail investors are offered 10,17,600 shares. Qualified Institutional Buyers (QIB) are offered 5,82,000 shares in Royal Arc Electrodes IPO and 0 shares in Shanmuga Hospital IPO.

 Royal Arc Electrodes IPOShanmuga Hospital IPO
Anchor Investor Reserveration8,40,000 shares0 shares
Market Maker Reserveration1,53,600 shares1,92,000 shares
QIB5,82,000 shares0 shares
NII4,06,800 shares18,12,000 shares
RII10,17,600 shares18,14,000 shares
Employee0 shares0 shares
Others
Total28,46,400 shares36,26,000 shares

Bids Received (Subscription)

Royal Arc Electrodes IPO subscribed 1.60x in total, whereas Shanmuga Hospital IPO subscribed 2.51x.

 Royal Arc Electrodes IPOShanmuga Hospital IPO
QIB (times)1.04x
NII (times)0.92x0.60x
Big NII (times)
Small NII (times)
RII (times)2.20x4.41x
Employee (times)
Other (times)
Total (times)1.60x2.51x