Comparison between Presstonic Engineering IPO and Shanti Spintex IPO.
Presstonic Engineering IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shanti Spintex IPO is a SME Bookbuilding proposed to list at BSE SME.
| Presstonic Engineering IPO | Shanti Spintex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Hem Securities Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Presstonic Engineering IPO is up to ₹22.13 Cr whereas the issue size of the Shanti Spintex IPO is up to ₹29.68 Cr. The final issue price of Presstonic Engineering IPO is ₹72.00 per share and of Shanti Spintex IPO is ₹70.00 per share.
| Presstonic Engineering IPO | Shanti Spintex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹72.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 30,73,600 shares | 24,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹22.13 Cr | up to ₹17.25 Cr |
| OFS Issue Size | 0 shares | 17,76,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹12.43 Cr |
| Issue Size Total | 30,73,600 shares | 42,40,000 shares |
| Issue Size Total (Amount) | up to ₹22.13 Cr | up to ₹29.68 Cr |
Presstonic Engineering IPO opens on Dec 11, 2023, while Shanti Spintex IPO opens on Dec 19, 2023. The closing date of Presstonic Engineering IPO and Shanti Spintex IPO is Dec 13, 2023, and Dec 21, 2023, respectively.
| Presstonic Engineering IPO | Shanti Spintex IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2023 | |
| Issue Open | Dec 11, 2023 | Dec 19, 2023 |
| Issue Close | Dec 13, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 14, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 15, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 15, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 18, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 21, 2024 | |
| Anchor Lockin End date 2 | Mar 21, 2024 |
Presstonic Engineering IPO P/E ratio is 6.28, as compared to Shanti Spintex IPO P/E ratio of 9.82.
| Presstonic Engineering IPO | Shanti Spintex IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.97 | 87.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.99 | 73.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.28 | 9.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹55.49 Cr. | ₹118.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 115% | 19.81% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 87% | 10.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.98 | 0.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.73 | ₹7.13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 51.92% | 18.07% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Presstonic Engineering IPO Retail Individual Investors (RII) are offered 15,37,600 shares while in Shanti Spintex IPO retail investors are offered 15,37,600 shares. Qualified Institutional Buyers (QIB) are offered in Presstonic Engineering IPO and 8,48,000 shares in Shanti Spintex IPO.
| Presstonic Engineering IPO | Shanti Spintex IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,72,000 shares | |
| Market Maker Reservation | 1,63,200 shares | 2,24,000 shares |
| QIB | 8,48,000 shares | |
| NII | 15,36,000 shares | 6,36,000 shares |
| RII | 15,37,600 shares | 14,84,000 shares |
| Employee | ||
| Others | ||
| Total | 30,73,600 shares | 42,40,000 shares |
Presstonic Engineering IPO subscribed 168.25x in total, whereas Shanti Spintex IPO subscribed 27.38x.
| Presstonic Engineering IPO | Shanti Spintex IPO | |
|---|---|---|
| QIB (times) | 14.34x | |
| NII (times) | 133.56x | 57.28x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 188.94x | 22.01x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 168.25x | 27.38x |
