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Plada Infotech IPO vs Sharp Chucks IPO

Comparison between Plada Infotech IPO and Sharp Chucks IPO.

IPO Details

Plada Infotech 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.

 Plada Infotech IPOSharp Chucks IPO
LogoPlada Infotech IPO LogoSharp Chucks IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersIndorient Financial Services Ltd.Fedex Securities Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Plada Infotech IPO is up to ₹11.74 Cr whereas the issue size of the Sharp Chucks IPO is up to ₹15.98 Cr. The final issue price of Plada Infotech IPO is ₹48.00 per share and of Sharp Chucks IPO is ₹58.00 per share.

 Plada Infotech IPOSharp Chucks IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹48.00 per share₹58.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size24,45,000 shares8,27,484 shares
Fresh Issue Size (Amount)up to ₹11.74 Crup to ₹4.80 Cr
OFS Issue Size0 shares19,28,516 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹11.19 Cr
Issue Size Total24,45,000 shares27,56,000 shares
Issue Size Total (Amount)up to ₹11.74 Crup to ₹15.98 Cr

IPO Timetable

Plada Infotech IPO opens on Sep 29, 2023, while Sharp Chucks IPO opens on Sep 29, 2023. The closing date of Plada Infotech IPO and Sharp Chucks IPO is Oct 05, 2023, and Oct 05, 2023, respectively.

 Plada Infotech IPOSharp Chucks IPO
Anchor Bid Date
Issue OpenSep 29, 2023Sep 29, 2023
Issue CloseOct 05, 2023Oct 05, 2023
Basis Of Allotment (Tentative)Oct 09, 2023Oct 09, 2023
Initiation of Refunds (Tentative)Oct 10, 2023Oct 10, 2023
Credit of Share (Tentative)Oct 11, 2023Oct 11, 2023
Listing date (Tentative)Oct 13, 2023Oct 12, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Plada Infotech IPO P/E ratio is 12.31, as compared to Sharp Chucks IPO P/E ratio of 11.2.

 Plada Infotech IPOSharp Chucks IPO
Financials
Plada Infotech Services IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets2,711.292,760.032,720.302,811.09
Total Income5,068.204,460.864,887.396,275.12
Profit After Tax119.9366.71109.87233.82
Net Worth342.60408.44518.10752.70
Reserves and Surplus341.60407.44498.10552.70
Total Borrowing1,989.851,952.591,771.671,654.13
Amount in ₹ Lakhs
Sharp Chucks And Machines IPO Financial Information (Restated Standalone)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets13,397.9818,392.0918,003.58
Total Income13,583.1115,252.2317,931.45
Profit After Tax330.96452.62506.50
Net Worth4,275.674,728.295,234.79
Reserves and Surplus3,297.243,749.864,256.36
Total Borrowing6,305.3710,269.359,034.20
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)89.5080.28
Promoter Shareholding (Post-Issue)62.6473.00
P/E Ratio12.3111.2
Market Cap₹41.16 Cr.₹62.41 Cr.
ROE37%10.17%
ROCE21%11.00%
Debt/Equity2.201.73
EPS₹3.90₹5.18
RoNW31.07%9.68%

Shares Offered

In the Plada Infotech IPO Retail Individual Investors (RII) are offered 12,22,500 shares while in Sharp Chucks IPO retail investors are offered 12,22,500 shares. Qualified Institutional Buyers (QIB) are offered in Plada Infotech IPO and in Sharp Chucks IPO.

 Plada Infotech IPOSharp Chucks IPO
Anchor Investor Reserveration
Market Maker Reserveration1,29,000 shares1,48,000 shares
QIB
NII12,22,500 shares13,78,000 shares
RII12,22,500 shares13,78,000 shares
Employee
Others
Total24,45,000 shares27,56,000 shares

Bids Received (Subscription)

Plada Infotech IPO subscribed 57.85x in total, whereas Sharp Chucks IPO subscribed 54.20x.

 Plada Infotech IPOSharp Chucks IPO
QIB (times)
NII (times)39.81x38.76x
Big NII (times)
Small NII (times)
RII (times)73.78x63.69x
Employee (times)
Other (times)
Total (times)57.85x54.20x