Comparison between Aristo Bio-Tech IPO and Shera Energy IPO.
IPO Details
Aristo Bio-Tech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Aristo Bio-Tech IPO is up to ₹12.40 Cr whereas the issue size of the Shera Energy IPO is up to ₹32.92 Cr. The final issue price of Aristo Bio-Tech IPO is ₹72.00 per share and of Shera Energy IPO is ₹57.00 per share.
| | Aristo Bio-Tech IPO | Shera Energy IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹55.00 per share |
| Issue Price (Upper) | | ₹57.00 per share |
| Issue Price (Final) | ₹72.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | ₹0.00 per share |
| Market Lot Size | 1600 shares | 2000 shares |
| Fresh Issue Size | 17,21,600 shares | 6,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.40 Cr | up to ₹3.69 Cr |
| OFS Issue Size | 0 shares | 51,28,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹29.23 Cr |
| Issue Size Total | 17,21,600 shares | 57,76,000 shares |
| Issue Size Total (Amount) | up to ₹12.40 Cr | up to ₹32.92 Cr |
IPO Timetable
Aristo Bio-Tech IPO opens on Jan 16, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Aristo Bio-Tech IPO and Shera Energy IPO is Jan 19, 2023, and Feb 09, 2023, respectively.
| | Aristo Bio-Tech IPO | Shera Energy IPO |
|---|
| Anchor Bid Date | | Feb 06, 2023 |
| Issue Open | Jan 16, 2023 | Feb 07, 2023 |
| Issue Close | Jan 19, 2023 | Feb 09, 2023 |
| Basis Of Allotment (Tentative) | Jan 24, 2023 | Feb 14, 2023 |
| Initiation of Refunds (Tentative) | Jan 25, 2023 | Feb 15, 2023 |
| Credit of Share (Tentative) | Jan 27, 2023 | Feb 16, 2023 |
| Listing date (Tentative) | Jan 30, 2023 | Feb 17, 2023 |
| Anchor Lockin End date 1 | | Mar 16, 2023 |
| Anchor Lockin End date 2 | | May 15, 2023 |
Financials & KPIs
Aristo Bio-Tech IPO P/E ratio is 9.46, as compared to Shera Energy IPO P/E ratio of 15.16.
Shares Offered
In the Aristo Bio-Tech IPO Retail Individual Investors (RII) are offered 8,60,800 shares while in Shera Energy IPO retail investors are offered 8,60,800 shares. Qualified Institutional Buyers (QIB) are offered in Aristo Bio-Tech IPO and 10,06,000 shares in Shera Energy IPO.
| | Aristo Bio-Tech IPO | Shera Energy IPO |
|---|
| Anchor Investor Reservation | | 15,00,000 shares |
| Market Maker Reservation | 91,200 shares | 4,00,000 shares |
| QIB | | 10,06,000 shares |
| NII | 8,60,800 shares | 8,20,000 shares |
| RII | 8,60,800 shares | 18,50,000 shares |
| Employee | | 6,00,000 shares |
| Others | | |
| Total | 17,21,600 shares | 57,76,000 shares |
Bids Received (Subscription)
Aristo Bio-Tech IPO subscribed 217.72x in total, whereas Shera Energy IPO subscribed 47.36x.