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.
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.
| | Arvind & Co.Shipping IPO | Shanthala FMCG Products IPO |
|---|
| Issue Open | Oct 12, 2023 | Oct 27, 2023 |
| Issue Close | Oct 16, 2023 | Oct 31, 2023 |
| Basis Of Allotment (Tentative) | Oct 19, 2023 | Nov 03, 2023 |
| Initiation of Refunds (Tentative) | Oct 20, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Oct 23, 2023 | Nov 07, 2023 |
| Listing date (Tentative) | Oct 25, 2023 | Nov 03, 2023 |
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.
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 IPO | Shanthala FMCG Products IPO |
|---|
| Market Maker Reservation | 1,68,000 shares | 88,800 shares |
| NII | 15,54,000 shares | 8,38,800 shares |
| RII | 15,54,000 shares | 8,38,800 shares |
| Total | 31,08,000 shares | 16,77,600 shares |
Bids Received (Subscription)
Arvind & Co.Shipping IPO subscribed 379.01x in total, whereas Shanthala FMCG Products IPO subscribed 3.90x.
