Comparison between Shelter Pharma IPO and Sungarner Energies IPO.
IPO Details
Shelter Pharma IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sungarner Energies IPO is a SME Fixed Price proposed to list at NSE 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 Sungarner Energies IPO is up to ₹4.83 Cr. The final issue price of Shelter Pharma IPO is ₹42.00 per share and of Sungarner Energies IPO is ₹83.00 per share.
IPO Timetable
Shelter Pharma IPO opens on Aug 10, 2023, while Sungarner Energies IPO opens on Aug 21, 2023. The closing date of Shelter Pharma IPO and Sungarner Energies IPO is Aug 14, 2023, and Aug 23, 2023, respectively.
| | Shelter Pharma IPO | Sungarner Energies IPO |
|---|
| Issue Open | Aug 10, 2023 | Aug 21, 2023 |
| Issue Close | Aug 14, 2023 | Aug 23, 2023 |
| Basis Of Allotment (Tentative) | Aug 18, 2023 | Aug 28, 2023 |
| Initiation of Refunds (Tentative) | Aug 21, 2023 | Aug 29, 2023 |
| Credit of Share (Tentative) | Aug 22, 2023 | Aug 30, 2023 |
| Listing date (Tentative) | Aug 23, 2023 | Aug 31, 2023 |
Financials & KPIs
Shelter Pharma IPO P/E ratio is 5.62, as compared to Sungarner Energies IPO P/E ratio of 13.07.
Shares Offered
In the Shelter Pharma IPO Retail Individual Investors (RII) are offered 18,12,000 shares while in Sungarner Energies IPO retail investors are offered 18,12,000 shares. Qualified Institutional Buyers (QIB) are offered in Shelter Pharma IPO and in Sungarner Energies IPO.
| | Shelter Pharma IPO | Sungarner Energies IPO |
|---|
| Market Maker Reservation | 1,92,000 shares | 57,600 shares |
| NII | 18,12,000 shares | 2,91,200 shares |
| RII | 18,12,000 shares | 2,91,200 shares |
| Total | 36,24,000 shares | 5,82,400 shares |
Bids Received (Subscription)
Shelter Pharma IPO subscribed 14.43x in total, whereas Sungarner Energies IPO subscribed 151.76x.
