Comparison between Arrowhead Seperation Engineering IPO and Sheetal Universal IPO.
Arrowhead Seperation Engineering IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.
| Arrowhead Seperation Engineering IPO | Sheetal Universal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arrowhead Seperation Engineering IPO is up to ₹12.30 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of Arrowhead Seperation Engineering IPO is ₹233.00 per share and of Sheetal Universal IPO is ₹70.00 per share.
| Arrowhead Seperation Engineering IPO | Sheetal Universal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹233.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 2000 shares |
| Fresh Issue Size | 5,28,000 shares | 32,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.30 Cr | up to ₹22.60 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 5,28,000 shares | 32,28,000 shares |
| Issue Size Total (Amount) | up to ₹12.30 Cr | up to ₹22.60 Cr |
Arrowhead Seperation Engineering IPO opens on Nov 16, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Arrowhead Seperation Engineering IPO and Sheetal Universal IPO is Nov 20, 2023, and Dec 06, 2023, respectively.
| Arrowhead Seperation Engineering IPO | Sheetal Universal IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 16, 2023 | Dec 04, 2023 |
| Issue Close | Nov 20, 2023 | Dec 06, 2023 |
| Basis Of Allotment (Tentative) | Nov 23, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Nov 24, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Nov 28, 2023 | Dec 08, 2023 |
| Listing date (Tentative) | Nov 28, 2023 | Dec 11, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arrowhead Seperation Engineering IPO P/E ratio is 18.09, as compared to Sheetal Universal IPO P/E ratio of 27.34.
| Arrowhead Seperation Engineering IPO | Sheetal Universal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Arrowhead Seperation Engineering Limited Financial Information (Restated)Arrowhead Seperation Engineering Limited's revenue increased by 98.91% and profit after tax (PAT) rose by 1744.93% between the financial year ending with March 31, 2023 and March 31, 2022.
| Sheetal Universal Limited Financial Information (Restated Consolidated)Sheetal Universal Limited's revenue increased by 230.49% and profit after tax (PAT) rose by 602.4% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 50 | 95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 35.09 | 66.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.09 | 27.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹43.60 Cr. | ₹80.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 105% | 36.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.94% | 21.59% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.30 | 2.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.88 | ₹2.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 68.75% | 30.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arrowhead Seperation Engineering IPO Retail Individual Investors (RII) are offered 2,64,000 shares while in Sheetal Universal IPO retail investors are offered 2,64,000 shares. Qualified Institutional Buyers (QIB) are offered in Arrowhead Seperation Engineering IPO and in Sheetal Universal IPO.
| Arrowhead Seperation Engineering IPO | Sheetal Universal IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 30,000 shares | 1,72,000 shares |
| QIB | ||
| NII | 2,64,000 shares | 16,14,000 shares |
| RII | 2,64,000 shares | 16,14,000 shares |
| Employee | ||
| Others | ||
| Total | 5,28,000 shares | 32,28,000 shares |
Arrowhead Seperation Engineering IPO subscribed 94.79x in total, whereas Sheetal Universal IPO subscribed 179.20x.
| Arrowhead Seperation Engineering IPO | Sheetal Universal IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 46.02x | 212.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 142.30x | 129.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 94.79x | 179.20x |
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