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.

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 IPOShiv 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 Size1600 shares800 shares
Fresh Issue Size27,56,800 shares58,00,000 shares
Fresh Issue Size (Amount)up to ₹21.23 Crup to ₹96.28 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,56,800 shares58,00,000 shares
Issue Size Total (Amount)up to ₹21.23 Crup 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 IPOShiv Texchem IPO
Anchor Bid DateOct 09, 2024Oct 07, 2024
Issue OpenOct 10, 2024Oct 08, 2024
Issue CloseOct 14, 2024Oct 10, 2024
Basis Of Allotment (Tentative)Oct 15, 2024Oct 11, 2024
Initiation of Refunds (Tentative)Oct 16, 2024Oct 14, 2024
Credit of Share (Tentative)Oct 16, 2024Oct 14, 2024
Listing date (Tentative)Oct 17, 2024Oct 15, 2024
Anchor Lockin End date 1Nov 20, 2024Nov 10, 2024
Anchor Lockin End date 2Jan 19, 2025Jan 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 IPOShiv Texchem IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets38.4335.6823.5314.04
Total Income22.4967.7060.9133.61
Profit After Tax1.094.070.930.32
NET Worth12.5211.437.373.64
Reserves and Surplus4.436.041.971.04
Total Borrowing19.6217.8413.825.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets854.83798.68602.35425.44
Total Income567.081,536.691,118.67865.47
Profit After Tax10.0630.1116.0313.86
NET Worth202.94192.88122.76106.74
Reserves and Surplus200.80190.74121.16105.14
Total Borrowing270.86296.65329.14120.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99100
Promoter Shareholding (Post-Issue)73.4973.65
P/E Ratio15.338.02
Market Cap₹84.78 Cr.₹384.66 Cr.
ROE8.7019.08
ROCE11.7926.99
Debt/Equity1.571.54
EPS₹5.02₹165.42
RoNW8.7019.08

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 IPOShiv Texchem IPO
Anchor Investor Reservation8,20,800 shares17,39,200 shares
Market Maker Reservation1,61,600 shares3,05,600 shares
QIB5,55,200 shares11,60,000 shares
NII4,14,400 shares8,70,400 shares
RII9,66,400 shares20,30,400 shares
Employee
Others
Total27,56,800 shares58,00,000 shares

Bids Received (Subscription)

Pranik Logistics IPO subscribed 153.11x in total, whereas Shiv Texchem IPO subscribed 109.61x.

 Pranik Logistics IPOShiv Texchem IPO
QIB (times)35.67x86.70x
NII (times)744.05x455.58x
Big NII (times)
Small NII (times)
RII (times)97.21x68.27x
Employee (times)
Other (times)
Total (times)153.11x109.61x

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