Pranik Logistics IPO vs Shiv Texchem IPO

Comparison between Pranik Logistics IPO and Shiv Texchem IPO.

IPO Details

Pranik Logistics IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shiv Texchem IPO is a SME Bookbuilding proposed to list at BSE SME.

	Pranik Logistics IPO	Shiv Texchem IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	BSE SME
Lead Managers	Narnolia Financial Services Ltd.	Vivro Financial Services Pvt.Ltd.
Registrar	Maashitla Securities Pvt.Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Prabhat Financial Services Ltd.	Rikhav Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Pranik Logistics IPO is up to ₹21.23 Cr whereas the issue size of the Shiv Texchem IPO is up to ₹96.28 Cr. The final issue price of Pranik Logistics IPO is ₹77.00 per share and of Shiv Texchem IPO is ₹166.00 per share.

	Pranik Logistics IPO	Shiv Texchem IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹73.00 per share	₹158.00 per share
Issue Price (Upper)	₹77.00 per share	₹166.00 per share
Issue Price (Final)	₹77.00 per share	₹166.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	800 shares
Fresh Issue Size	27,56,800 shares	58,00,000 shares
Fresh Issue Size (Amount)	up to ₹21.23 Cr	up to ₹96.28 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	27,56,800 shares	58,00,000 shares
Issue Size Total (Amount)	up to ₹21.23 Cr	up to ₹96.28 Cr

IPO Timetable

Pranik Logistics IPO opens on Oct 10, 2024, while Shiv Texchem IPO opens on Oct 08, 2024. The closing date of Pranik Logistics IPO and Shiv Texchem IPO is Oct 14, 2024, and Oct 10, 2024, respectively.

	Pranik Logistics IPO	Shiv Texchem IPO
Anchor Bid Date	Oct 09, 2024	Oct 07, 2024
Issue Open	Oct 10, 2024	Oct 08, 2024
Issue Close	Oct 14, 2024	Oct 10, 2024
Basis Of Allotment (Tentative)	Oct 15, 2024	Oct 11, 2024
Initiation of Refunds (Tentative)	Oct 16, 2024	Oct 14, 2024
Credit of Share (Tentative)	Oct 16, 2024	Oct 14, 2024
Listing date (Tentative)	Oct 17, 2024	Oct 15, 2024
Anchor Lockin End date 1	Nov 20, 2024	Nov 10, 2024
Anchor Lockin End date 2	Jan 19, 2025	Jan 09, 2025

Financials & KPIs

Pranik Logistics IPO P/E ratio is 15.33, as compared to Shiv Texchem IPO P/E ratio of 8.02.

Pranik Logistics IPO

Shiv Texchem IPO

Financials

Pranik Logistics Limited Financial Information (Restated)

Pranik Logistics Limited's revenue increased by 11% and profit after tax (PAT) rose by 336% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,842.75	3,568.3	2,352.73	1,404.48
Total Income	2,248.89	6,770.08	6,090.62	3,360.96
Profit After Tax	108.9	406.56	93.23	31.54
Net Worth	1,252.09	1,143.19	736.63	363.96
Reserves and Surplus	442.91	603.74	197.18	103.95
Total Borrowing	1,961.83	1,783.95	1,382.09	577.87
Amount in ₹ Lakhs

Shiv Texchem Limited Financial Information (Restated)

Shiv Texchem Limited's revenue increased by 37% and profit after tax (PAT) rose by 88% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	85,483.43	79,868.05	60,234.98	42,543.57
Total Income	56,707.83	1,53,668.79	1,11,866.98	86,547.46
Profit After Tax	1,005.89	3,011.3	1,602.72	1,386.48
Net Worth	20,293.58	19,287.69	12,276.39	10,673.68
Reserves and Surplus	20,080.25	19,074.36	12,116.39	10,513.68
Total Borrowing	27,085.63	29,665.25	32,914.39	12,034.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

100.00

Promoter Shareholding (Post-Issue)

73.49

P/E Ratio

15.33

8.02

Market Cap

₹84.78 Cr.

₹384.66 Cr.

ROE

8.70%

19.08%

ROCE

11.79%

26.99%

Debt/Equity

1.57

1.54

EPS

₹5.02

₹165.42

RoNW

8.70%

19.08%

Shares Offered

In the Pranik Logistics IPO Retail Individual Investors (RII) are offered 9,66,400 shares while in Shiv Texchem IPO retail investors are offered 9,66,400 shares. Qualified Institutional Buyers (QIB) are offered 5,55,200 shares in Pranik Logistics IPO and 11,60,000 shares in Shiv Texchem IPO.

	Pranik Logistics IPO	Shiv Texchem IPO
Anchor Investor Reserveration	8,20,800 shares	17,39,200 shares
Market Maker Reserveration	1,61,600 shares	3,05,600 shares
QIB	5,55,200 shares	11,60,000 shares
NII	4,14,400 shares	8,70,400 shares
RII	9,66,400 shares	20,30,400 shares
Employee
Others
Total	27,56,800 shares	58,00,000 shares

Bids Received (Subscription)

Pranik Logistics IPO subscribed 218.02x in total, whereas Shiv Texchem IPO subscribed 156.55x.

	Pranik Logistics IPO	Shiv Texchem IPO
QIB (times)	35.67x	86.70x
NII (times)	744.05x	455.58x
Big NII (times)
Small NII (times)
RII (times)	97.21x	68.27x
Employee (times)
Other (times)
Total (times)	218.02x	156.55x

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