Arvind & Co.Shipping IPO vs Shanthala FMCG Products IPO

Comparison between Arvind & Co.Shipping IPO and Shanthala FMCG Products IPO.

IPO Details

Arvind & Co.Shipping IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shanthala FMCG Products IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹15.27 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

 Arvind & Co.Shipping IPOShanthala FMCG Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹91.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size31,08,000 shares16,77,600 shares
Fresh Issue Size (Amount)up to ₹13.99 Crup to ₹15.27 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,08,000 shares16,77,600 shares
Issue Size Total (Amount)up to ₹13.99 Crup to ₹15.27 Cr

IPO Timetable

Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of Arvind & Co.Shipping IPO and Shanthala FMCG Products IPO is Oct 16, 2023, and Oct 31, 2023, respectively.

Financials & KPIs

Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.

 Arvind & Co.Shipping IPOShanthala FMCG Products IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets33.8118.615.78
Total Income8.413.310.53
Profit After Tax3.471.000.24
NET Worth9.145.674.68
Reserves and Surplus9.135.664.67
Total Borrowing22.3212.211.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets8.276.576.165.70
Total Income15.8640.7732.5539.56
Profit After Tax0.100.180.050.14
NET Worth5.491.431.251.21
Reserves and Surplus0.560.930.750.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10077.44
Promoter Shareholding (Post-Issue)7357.019
P/E Ratio9.7425.66
Market Cap₹54.62 Cr.₹60.95 Cr.
ROE46.88%12.38%
ROCE37.44%19%
Debt/Equity2.443.12
EPS₹4.62₹3.55
RoNW46.88%12.38%

Shares Offered

In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Shanthala FMCG Products IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and in Shanthala FMCG Products IPO.

 Arvind & Co.Shipping IPOShanthala FMCG Products IPO
Anchor Investor Reservation
Market Maker Reservation1,68,000 shares88,800 shares
QIB
NII15,54,000 shares8,38,800 shares
RII15,54,000 shares8,38,800 shares
Employee
Others
Total31,08,000 shares16,77,600 shares

Bids Received (Subscription)

Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.

Compare with others

Compare:

Arvind & Co.Shipping IPO Vs Shanthala FMCG Products IPO