E Factor Experiences IPO vs Sharp Chucks IPO

Comparison between E Factor Experiences IPO and Sharp Chucks IPO.

IPO Details

E Factor Experiences 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.

	E Factor Experiences 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	Hem Securities Ltd.	Fedex Securities Pvt.Ltd.
Registrar	Maashitla Securities 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	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of E Factor Experiences IPO is up to ₹24.61 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of E Factor Experiences IPO is ₹75.00 per share and of Sharp Chucks IPO is ₹58.00 per share.

	E Factor Experiences IPO	Sharp Chucks IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share
Issue Price (Upper)	₹75.00 per share
Issue Price (Final)	₹75.00 per share	₹58.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	32,81,600 shares	8,27,484 shares
Fresh Issue Size (Amount)	up to ₹24.61 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	32,81,600 shares	27,56,000 shares
Issue Size Total (Amount)	up to ₹24.61 Cr	up to ₹15.98 Cr

IPO Timetable

E Factor Experiences IPO opens on Sep 27, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of E Factor Experiences IPO and Sharp Chucks IPO is Oct 03, 2023, and Oct 05, 2023, respectively.

	E Factor Experiences 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 07, 2023	Oct 10, 2023
Credit of Share (Tentative)	Oct 08, 2023	Oct 11, 2023
Listing date (Tentative)	Oct 09, 2023	Oct 12, 2023
Anchor Lockin End date 1	Nov 05, 2023
Anchor Lockin End date 2	Jan 04, 2024

Financials & KPIs

E Factor Experiences IPO P/E ratio is 9.59, as compared to Sharp Chucks IPO P/E ratio of 11.2.

E Factor Experiences IPO

Sharp Chucks IPO

Financials

E Factor Experiences IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,581.94	4,916.87	5,674.80
Total Income	990.56	5,700.24	11,945.21
Profit After Tax	123.39	255.73	761.35
Net Worth	96.96	351.85	1,101.67
Reserves and Surplus	-247.04	5.36	138.46
Total Borrowing	683.23	590.95	912.74

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)

99.99

80.28

Promoter Shareholding (Post-Issue)

73.59

73.00

P/E Ratio

9.59

11.2

Market Cap

₹98.16 Cr.

₹62.41 Cr.

ROE

103.79%

10.17%

ROCE

54.85%

11.00%

Debt/Equity

0.83

1.73

EPS

₹7.82

₹5.18

RoNW

68.35%

9.68%

Shares Offered

In the E Factor Experiences IPO Retail Individual Investors (RII) are offered 11,48,800 shares while in Sharp Chucks IPO retail investors are offered 11,48,800 shares. Qualified Institutional Buyers (QIB) are offered 6,56,000 shares in E Factor Experiences IPO and in Sharp Chucks IPO.

	E Factor Experiences IPO	Sharp Chucks IPO
Anchor Investor Reserveration	9,84,000 shares
Market Maker Reserveration	1,74,400 shares	1,48,000 shares
QIB	6,56,000 shares
NII	4,92,800 shares	13,78,000 shares
RII	11,48,800 shares	13,78,000 shares
Employee
Others
Total	32,81,600 shares	27,56,000 shares

Bids Received (Subscription)

E Factor Experiences IPO subscribed 73.14x in total, whereas Sharp Chucks IPO subscribed 54.20x.

	E Factor Experiences IPO	Sharp Chucks IPO
QIB (times)	46.09x
NII (times)	168.26x	38.76x
Big NII (times)
Small NII (times)
RII (times)	47.78x	63.69x
Employee (times)
Other (times)
Total (times)	73.14x	54.20x

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