Arabian Petroleum IPO vs Sharp Chucks IPO

Comparison between Arabian Petroleum IPO and Sharp Chucks IPO.

IPO Details

Arabian Petroleum IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sharp Chucks IPO is a SME Fixed Price proposed to list at NSE SME.

	Arabian Petroleum IPO	Sharp Chucks IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Fixed Price
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Fedex Securities Pvt.Ltd.
Registrar	Purva Sharegistry (India) Pvt.Ltd.	Skyline Financial Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Nikunj Stock Brokers Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arabian Petroleum IPO is up to ₹19.21 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of Arabian Petroleum IPO is ₹70.00 per share and of Sharp Chucks IPO is ₹58.00 per share.

	Arabian Petroleum IPO	Sharp Chucks IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹70.00 per share	₹58.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	27,44,000 shares	8,27,484 shares
Fresh Issue Size (Amount)	up to ₹19.21 Cr	up to ₹4.80 Cr
OFS Issue Size	0 shares	19,28,516 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹11.19 Cr
Issue Size Total	27,44,000 shares	27,56,000 shares
Issue Size Total (Amount)	up to ₹19.21 Cr	up to ₹15.98 Cr

IPO Timetable

Arabian Petroleum IPO opens on Sep 25, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of Arabian Petroleum IPO and Sharp Chucks IPO is Sep 27, 2023, and Oct 05, 2023, respectively.

	Arabian Petroleum IPO	Sharp Chucks IPO
Anchor Bid Date
Issue Open	Sep 25, 2023	Sep 29, 2023
Issue Close	Sep 27, 2023	Oct 05, 2023
Basis Of Allotment (Tentative)	Oct 04, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Oct 05, 2023	Oct 10, 2023
Credit of Share (Tentative)	Oct 06, 2023	Oct 11, 2023
Listing date (Tentative)	Oct 09, 2023	Oct 12, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Arabian Petroleum IPO P/E ratio is 11.51, as compared to Sharp Chucks IPO P/E ratio of 11.2.

Arabian Petroleum IPO

Sharp Chucks IPO

Financials

Arabian Petroleum IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,031.88	7,134.94	7,650.88
Total Income	11,024.54	19,159.10	24,394.68
Profit After Tax	287.54	414.34	486.48
Net Worth	1,301.98	1,716.32	2,202.80
Reserves and Surplus	1,101.98	1,516.32	1,402.80
Total Borrowing	2,197.75	2,948.97	3,830.66

Amount in ₹ Lakhs

Sharp Chucks And Machines IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	13,397.98	18,392.09	18,003.58
Total Income	13,583.11	15,252.23	17,931.45
Profit After Tax	330.96	452.62	506.50
Net Worth	4,275.67	4,728.29	5,234.79
Reserves and Surplus	3,297.24	3,749.86	4,256.36
Total Borrowing	6,305.37	10,269.35	9,034.20

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

80.28

Promoter Shareholding (Post-Issue)

73.45

73.00

P/E Ratio

11.51

11.2

Market Cap

₹76.24 Cr.

₹62.41 Cr.

ROE

22.08%

10.17%

ROCE

32.47%

11.00%

Debt/Equity

1.75

1.73

EPS

₹6.08

₹5.18

RoNW

22.08%

9.68%

Shares Offered

In the Arabian Petroleum IPO Retail Individual Investors (RII) are offered 13,72,000 shares while in Sharp Chucks IPO retail investors are offered 13,72,000 shares. Qualified Institutional Buyers (QIB) are offered in Arabian Petroleum IPO and in Sharp Chucks IPO.

	Arabian Petroleum IPO	Sharp Chucks IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,48,000 shares	1,48,000 shares
QIB
NII	13,72,000 shares	13,78,000 shares
RII	13,72,000 shares	13,78,000 shares
Employee
Others
Total	27,44,000 shares	27,56,000 shares

Bids Received (Subscription)

Arabian Petroleum IPO subscribed 19.91x in total, whereas Sharp Chucks IPO subscribed 54.20x.

	Arabian Petroleum IPO	Sharp Chucks IPO
QIB (times)
NII (times)	15.72x	38.76x
Big NII (times)
Small NII (times)
RII (times)	23.19x	63.69x
Employee (times)
Other (times)
Total (times)	19.91x	54.20x

Compare with others

Arabian Petroleum IPO	Sharp Chucks IPO
Sharp Chucks IPO	City Crops Agro IPO
Kontor Space IPO	Canarys Automations IPO
Vishnusurya Projects IPO	Oneclick Logistics IPO
E Factor Experiences IPO	Vinyas Innovative Technologies IPO
Rajgor Castor Derivatives IPO	Plada Infotech IPO
Newjaisa Technologies IPO	Kontor Space IPO
Inspire Films IPO	Vishnusurya Projects IPO
Goyal Salt IPO	E Factor Experiences IPO
Saakshi Medtech IPO	Rajgor Castor Derivatives IPO
Organic Recycling Systems IPO	Arabian Petroleum IPO