Shanti Overseas IPO vs Shrenik IPO

Comparison between Shanti Overseas IPO and Shrenik IPO.

IPO Details

Shanti Overseas IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shrenik IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Shanti Overseas IPO is up to ₹9.33 Cr whereas the issue size of the Shrenik IPO is up to ₹20.45 Cr. The final issue price of Shanti Overseas IPO is ₹50.00 per share and of Shrenik IPO is ₹40.00 per share.

 Shanti Overseas IPOShrenik IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹50.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares3000 shares
Fresh Issue Size18,66,000 shares51,12,000 shares
Fresh Issue Size (Amount)up to ₹9.33 Crup to ₹20.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,66,000 shares51,12,000 shares
Issue Size Total (Amount)up to ₹9.33 Crup to ₹20.45 Cr

IPO Timetable

Shanti Overseas IPO opens on Jul 21, 2017, while Shrenik IPO opens on Jul 06, 2017. The closing date of Shanti Overseas IPO and Shrenik IPO is Jul 26, 2017, and Jul 10, 2017, respectively.

 Shanti Overseas IPOShrenik IPO
Issue OpenJul 21, 2017Jul 06, 2017
Issue CloseJul 26, 2017Jul 10, 2017
Basis Of Allotment (Tentative)Jul 13, 2017
Listing date (Tentative)Aug 03, 2017Jul 18, 2017

Financials & KPIs

Shanti Overseas IPO P/E ratio is , as compared to Shrenik IPO P/E ratio of .

 Shanti Overseas IPOShrenik IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets36.2035.0715.07
Total Income115.8891.0471.52
Profit After Tax3.791.870.71
NET Worth8.584.792.91
Reserves and Surplus4.984.192.31
Total Borrowing24.0126.0411.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets144.64113.4180.24
Total Income428.09329.47265.86
Profit After Tax4.192.941.03
NET Worth27.8223.638.09
Reserves and Surplus12.828.632.09
Total Borrowing87.4561.3359.48
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.93%73.52%
Market Cap₹37.02 Cr.₹81.60 Cr.

Shares Offered

In the Shanti Overseas IPO Retail Individual Investors (RII) are offered 9,33,000 shares while in Shrenik IPO retail investors are offered 9,33,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Shanti Overseas IPO and 0 shares in Shrenik IPO.

 Shanti Overseas IPOShrenik IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,38,000 shares2,88,000 shares
QIB0 shares0 shares
NII9,33,000 shares25,56,000 shares
RII9,33,000 shares25,56,000 shares
Employee0 shares0 shares
Total18,66,000 shares51,12,000 shares

Bids Received (Subscription)

Shanti Overseas IPO subscribed 15.39x in total, whereas Shrenik IPO subscribed 3.13x.

 Shanti Overseas IPOShrenik IPO
NII (times)10.65x2.69x
RII (times)20.14x3.56x
Total (times)15.39x3.13x

Compare with others

Compare:

Shanti Overseas IPO Vs Shrenik IPO