Comparison between Oriana Power IPO and Shelter Pharma IPO.
IPO Details
Oriana Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shelter Pharma IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Oriana Power IPO is up to ₹56.64 Cr whereas the issue size of the Shelter Pharma IPO is up to ₹15.22 Cr. The final issue price of Oriana Power IPO is ₹118.00 per share and of Shelter Pharma IPO is ₹42.00 per share.
IPO Timetable
Oriana Power IPO opens on Aug 01, 2023, while Shelter Pharma IPO opens on Aug 10, 2023. The closing date of Oriana Power IPO and Shelter Pharma IPO is Aug 03, 2023, and Aug 14, 2023, respectively.
| | Oriana Power IPO | Shelter Pharma IPO |
|---|
| Anchor Bid Date | Jul 31, 2023 | |
| Issue Open | Aug 01, 2023 | Aug 10, 2023 |
| Issue Close | Aug 03, 2023 | Aug 14, 2023 |
| Basis Of Allotment (Tentative) | Aug 08, 2023 | Aug 18, 2023 |
| Initiation of Refunds (Tentative) | Aug 09, 2023 | Aug 21, 2023 |
| Credit of Share (Tentative) | Aug 10, 2023 | Aug 22, 2023 |
| Listing date (Tentative) | Aug 11, 2023 | Aug 23, 2023 |
| Anchor Lockin End date 1 | Sep 07, 2023 | |
| Anchor Lockin End date 2 | Nov 06, 2023 | |
Financials & KPIs
Oriana Power IPO P/E ratio is 20.7, as compared to Shelter Pharma IPO P/E ratio of 5.62.
Shares Offered
In the Oriana Power IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Shelter Pharma IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 9,60,000 shares in Oriana Power IPO and in Shelter Pharma IPO.
| | Oriana Power IPO | Shelter Pharma IPO |
|---|
| Anchor Investor Reservation | 14,40,000 shares | |
| Market Maker Reservation | 2,55,600 shares | 1,92,000 shares |
| QIB | 9,60,000 shares | |
| NII | 7,20,000 shares | 18,12,000 shares |
| RII | 16,80,000 shares | 18,12,000 shares |
| Total | 48,00,000 shares | 36,24,000 shares |
Bids Received (Subscription)
Oriana Power IPO subscribed 123.60x in total, whereas Shelter Pharma IPO subscribed 14.43x.
