Comparison between Earthstahl IPO and Shera Energy IPO.
Earthstahl IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shera Energy IPO is a SME Bookbuilding proposed to list at NSE SME.
| Earthstahl IPO | Shera Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Holani Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Earthstahl IPO is up to ₹12.29 Cr whereas the issue size of the Shera Energy IPO is up to ₹32.92 Cr. The final issue price of Earthstahl IPO is ₹40.00 per share and of Shera Energy IPO is ₹57.00 per share.
| Earthstahl IPO | Shera Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹38.00 per share | ₹55.00 per share |
| Issue Price (Upper) | ₹40.00 per share | ₹57.00 per share |
| Issue Price (Final) | ₹40.00 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 | 3000 shares | 2000 shares |
| Fresh Issue Size | 30,72,000 shares | 6,48,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.29 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 | 30,72,000 shares | 57,76,000 shares |
| Issue Size Total (Amount) | up to ₹12.29 Cr | up to ₹32.92 Cr |
Earthstahl IPO opens on Jan 27, 2023, while Shera Energy IPO opens on Feb 07, 2023. The closing date of Earthstahl IPO and Shera Energy IPO is Jan 31, 2023, and Feb 09, 2023, respectively.
| Earthstahl IPO | Shera Energy IPO | |
|---|---|---|
| Anchor Bid Date | Feb 06, 2023 | |
| Issue Open | Jan 27, 2023 | Feb 07, 2023 |
| Issue Close | Jan 31, 2023 | Feb 09, 2023 |
| Basis Of Allotment (Tentative) | Feb 03, 2023 | Feb 14, 2023 |
| Initiation of Refunds (Tentative) | Feb 06, 2023 | Feb 15, 2023 |
| Credit of Share (Tentative) | Feb 07, 2023 | Feb 16, 2023 |
| Listing date (Tentative) | Feb 08, 2023 | Feb 17, 2023 |
| Anchor Lockin End date 1 | Mar 16, 2023 | |
| Anchor Lockin End date 2 | May 15, 2023 |
Earthstahl IPO P/E ratio is 4.22, as compared to Shera Energy IPO P/E ratio of 15.16.
| Earthstahl IPO | Shera Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 66.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 63.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 4.22 | 15.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.96 Cr. | ₹129.89 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 65.38 | 10.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.41 | 26.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.28 | ₹3.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 70.53 | 10.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Earthstahl IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Shera Energy IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered 9,18,000 shares in Earthstahl IPO and 10,06,000 shares in Shera Energy IPO.
| Earthstahl IPO | Shera Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,00,000 shares | |
| Market Maker Reservation | 1,68,000 shares | 4,00,000 shares |
| QIB | 9,18,000 shares | 10,06,000 shares |
| NII | 10,77,000 shares | 8,20,000 shares |
| RII | 10,77,000 shares | 18,50,000 shares |
| Employee | 6,00,000 shares | |
| Others | ||
| Total | 30,72,000 shares | 57,76,000 shares |
Earthstahl IPO subscribed 235.18x in total, whereas Shera Energy IPO subscribed 47.36x.
| Earthstahl IPO | Shera Energy IPO | |
|---|---|---|
| QIB (times) | 39.83x | 8.73x |
| NII (times) | 445.09x | 190.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 191.77x | 51.30x |
| Employee (times) | 1.46x | |
| Other (times) | ||
| Total (times) | 235.18x | 47.36x |
