Comparison between Shelter Pharma IPO and Shoora Designs IPO.
IPO Details
Shelter Pharma IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shoora Designs IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Shelter Pharma IPO is up to ₹15.22 Cr whereas the issue size of the Shoora Designs IPO is up to ₹1.90 Cr. The final issue price of Shelter Pharma IPO is ₹42.00 per share and of Shoora Designs IPO is ₹48.00 per share.
IPO Timetable
Shelter Pharma IPO opens on Aug 10, 2023, while Shoora Designs IPO opens on Aug 17, 2023. The closing date of Shelter Pharma IPO and Shoora Designs IPO is Aug 14, 2023, and Aug 21, 2023, respectively.
| | Shelter Pharma IPO | Shoora Designs IPO |
|---|
| Issue Open | Aug 10, 2023 | Aug 17, 2023 |
| Issue Close | Aug 14, 2023 | Aug 21, 2023 |
| Basis Of Allotment (Tentative) | Aug 18, 2023 | Aug 24, 2023 |
| Initiation of Refunds (Tentative) | Aug 21, 2023 | Aug 25, 2023 |
| Credit of Share (Tentative) | Aug 22, 2023 | Aug 28, 2023 |
| Listing date (Tentative) | Aug 23, 2023 | Aug 29, 2023 |
Financials & KPIs
Shelter Pharma IPO P/E ratio is 5.62, as compared to Shoora Designs IPO P/E ratio of 35.82.
Shares Offered
In the Shelter Pharma IPO Retail Individual Investors (RII) are offered 18,12,000 shares while in Shoora Designs IPO retail investors are offered 18,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Shelter Pharma IPO and in Shoora Designs IPO.
| | Shelter Pharma IPO | Shoora Designs IPO |
|---|
| Market Maker Reservation | 1,92,000 shares | 27,000 shares |
| NII | 18,12,000 shares | 1,98,000 shares |
| RII | 18,12,000 shares | 1,98,000 shares |
| Total | 36,24,000 shares | 3,96,000 shares |
Bids Received (Subscription)
Shelter Pharma IPO subscribed 14.43x in total, whereas Shoora Designs IPO subscribed 64.20x.
