Comparison between Micropro Software Solutions IPO and Sheetal Universal IPO.
Micropro Software Solutions IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sheetal Universal IPO is a SME Fixed Price proposed to list at NSE SME.
| Micropro Software Solutions IPO | Sheetal Universal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Swaraj shares & securities Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Micropro Software Solutions IPO is up to ₹29.16 Cr whereas the issue size of the Sheetal Universal IPO is up to ₹22.60 Cr. The final issue price of Micropro Software Solutions IPO is ₹81.00 per share and of Sheetal Universal IPO is ₹70.00 per share.
| Micropro Software Solutions IPO | Sheetal Universal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹81.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 36,00,000 shares | 32,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.16 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 | 36,00,000 shares | 32,28,000 shares |
| Issue Size Total (Amount) | up to ₹29.16 Cr | up to ₹22.60 Cr |
Micropro Software Solutions IPO opens on Nov 03, 2023, while Sheetal Universal IPO opens on Dec 04, 2023. The closing date of Micropro Software Solutions IPO and Sheetal Universal IPO is Nov 07, 2023, and Dec 06, 2023, respectively.
| Micropro Software Solutions IPO | Sheetal Universal IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 03, 2023 | Dec 04, 2023 |
| Issue Close | Nov 07, 2023 | Dec 06, 2023 |
| Basis Of Allotment (Tentative) | Nov 09, 2023 | Dec 07, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Dec 08, 2023 |
| Credit of Share (Tentative) | Nov 10, 2023 | Dec 08, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Dec 11, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Micropro Software Solutions IPO P/E ratio is 0.34, as compared to Sheetal Universal IPO P/E ratio of 27.34.
| Micropro Software Solutions IPO | Sheetal Universal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 63.40 | 95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 46.59 | 66.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0.34 | 27.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹116.48 Cr. | ₹80.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 44% | 36.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41% | 21.59% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 2.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ₹2.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.93% | 30.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Micropro Software Solutions IPO Retail Individual Investors (RII) are offered 18,00,000 shares while in Sheetal Universal IPO retail investors are offered 18,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Micropro Software Solutions IPO and in Sheetal Universal IPO.
| Micropro Software Solutions IPO | Sheetal Universal IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,90,400 shares | 1,72,000 shares |
| QIB | ||
| NII | 18,00,000 shares | 16,14,000 shares |
| RII | 18,00,000 shares | 16,14,000 shares |
| Employee | ||
| Others | ||
| Total | 36,00,000 shares | 32,28,000 shares |
Micropro Software Solutions IPO subscribed 36.88x in total, whereas Sheetal Universal IPO subscribed 179.20x.
| Micropro Software Solutions IPO | Sheetal Universal IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 22.60x | 212.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 49.08x | 129.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 36.88x | 179.20x |
