Dhruv Wellness IPO vs Shish Industries IPO

Comparison between Dhruv Wellness IPO and Shish Industries IPO.

IPO Details

Dhruv Wellness IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shish Industries IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dhruv Wellness IPO is up to ₹5.28 Cr whereas the issue size of the Shish Industries IPO is up to ₹3.84 Cr. The final issue price of Dhruv Wellness IPO is ₹20.00 per share and of Shish Industries IPO is ₹30.00 per share.

 Dhruv Wellness IPOShish Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹20.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size6000 shares4000 shares
Fresh Issue Size26,40,000 shares12,80,000 shares
Fresh Issue Size (Amount)up to ₹5.28 Crup to ₹3.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,40,000 shares12,80,000 shares
Issue Size Total (Amount)up to ₹5.28 Crup to ₹3.84 Cr

IPO Timetable

Dhruv Wellness IPO opens on Aug 31, 2017, while Shish Industries IPO opens on Aug 23, 2017. The closing date of Dhruv Wellness IPO and Shish Industries IPO is Sep 04, 2017, and Aug 28, 2017, respectively.

 Dhruv Wellness IPOShish Industries IPO
Issue OpenAug 31, 2017Aug 23, 2017
Issue CloseSep 04, 2017Aug 28, 2017
Basis Of Allotment (Tentative)Sep 07, 2017Aug 31, 2017
Listing date (Tentative)Sep 12, 2017Sep 05, 2017

Financials & KPIs

Dhruv Wellness IPO P/E ratio is , as compared to Shish Industries IPO P/E ratio of .

 Dhruv Wellness IPOShish Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 201731 Mar 2016
Assets29.3726.61
Total Income101.9422.72
Profit After Tax0.400.20
NET Worth6.065.66
Reserves and Surplus5.065.66
Total Borrowing10.049.41
Amount in ₹ Crore

Company Financials (Restated)

Period Ended11 May 201731 Mar 201731 Mar 201631 Mar 2015
Assets5.655.144.744.28
Total Income5.373.880.98
Profit After Tax-0.000.050.03-0.27
NET Worth3.092.222.041.89
Total Borrowing1.631.951.881.84
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.58%69.56%
Market Cap₹21.08 Cr.₹13.33 Cr.

Shares Offered

In the Dhruv Wellness IPO Retail Individual Investors (RII) are offered 13,20,000 shares while in Shish Industries IPO retail investors are offered 13,20,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhruv Wellness IPO and 0 shares in Shish Industries IPO.

 Dhruv Wellness IPOShish Industries IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,44,000 shares72,000 shares
QIB0 shares0 shares
NII13,20,000 shares6,40,000 shares
RII13,20,000 shares6,40,000 shares
Employee0 shares0 shares
Total26,40,000 shares12,80,000 shares

Bids Received (Subscription)

Dhruv Wellness IPO subscribed 2.50x in total, whereas Shish Industries IPO subscribed 1.60x.

 Dhruv Wellness IPOShish Industries IPO
NII (times)3.93x1.23x
RII (times)1.07x1.98x
Total (times)2.50x1.60x

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Dhruv Wellness IPO Vs Shish Industries IPO