Comparison between Canarys Automations IPO and Sharp Chucks IPO.
Canarys Automations 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.
| Canarys Automations IPO | Sharp Chucks IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Nikunj Stock Brokers 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 Canarys Automations IPO is up to ₹44.68 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of Canarys Automations IPO is ₹31.00 per share and of Sharp Chucks IPO is ₹58.00 per share.
| Canarys Automations IPO | Sharp Chucks IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | |
| Issue Price (Upper) | ₹31.00 per share | |
| Issue Price (Final) | ₹31.00 per share | ₹58.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 1,44,12,000 shares | 8,27,484 shares |
| Fresh Issue Size (Amount) | up to ₹44.68 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 | 1,44,12,000 shares | 27,56,000 shares |
| Issue Size Total (Amount) | up to ₹44.68 Cr | up to ₹15.98 Cr |
Canarys Automations IPO opens on Sep 27, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of Canarys Automations IPO and Sharp Chucks IPO is Oct 03, 2023, and Oct 05, 2023, respectively.
| Canarys Automations IPO | Sharp Chucks IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2023 | |
| Issue Open | Sep 27, 2023 | Sep 29, 2023 |
| Issue Close | Oct 03, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 06, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 09, 2023 | Oct 10, 2023 |
| Credit of Share (Tentative) | Oct 10, 2023 | Oct 11, 2023 |
| Listing date (Tentative) | Oct 11, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | Nov 05, 2023 | |
| Anchor Lockin End date 2 | Jan 04, 2024 |
Canarys Automations IPO P/E ratio is 15.82, as compared to Sharp Chucks IPO P/E ratio of 11.2.
| Canarys Automations IPO | Sharp Chucks IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.49 | 80.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.82 | 11.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹174.17 Cr. | ₹62.41 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.92 | ₹5.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.64% | 9.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Canarys Automations IPO Retail Individual Investors (RII) are offered 50,48,000 shares while in Sharp Chucks IPO retail investors are offered 50,48,000 shares. Qualified Institutional Buyers (QIB) are offered 39,68,000 shares in Canarys Automations IPO and in Sharp Chucks IPO.
| Canarys Automations IPO | Sharp Chucks IPO | |
|---|---|---|
| Anchor Investor Reservation | 32,32,000 shares | |
| Market Maker Reservation | 7,60,000 shares | 1,48,000 shares |
| QIB | 39,68,000 shares | |
| NII | 21,64,000 shares | 13,78,000 shares |
| RII | 50,48,000 shares | 13,78,000 shares |
| Employee | ||
| Others | ||
| Total | 1,44,12,000 shares | 27,56,000 shares |
Canarys Automations IPO subscribed 9.94x in total, whereas Sharp Chucks IPO subscribed 54.20x.
| Canarys Automations IPO | Sharp Chucks IPO | |
|---|---|---|
| QIB (times) | 2.73x | |
| NII (times) | 14.29x | 38.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.70x | 63.69x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.94x | 54.20x |
